Exhibit 10.8.3
TO: SHENZHEN NEPSTAR PHARMACEUTICAL CO., LTD.
COMMITMENT LETTER
I, Xxxx Xxxxxx, as the shareholder of Shenzhen Nepstar Information and
Technology Service Co., Ltd. (hereinafter referred to as "Nepstar IT"), holds
100% equity of such company. On April 28, 2007, Nepstar IT, Shenzhen Nepstar
Pharmaceutical Co., Ltd. ("Nepstar Pharmaceutical") and Shenzhen Nepstar
Management Consulting Co., Ltd. entered into Shareholders Agreements
("Shareholders Agreements") to jointly and directly or indirectly hold equity
interests of the following companies: Shenzhen Nepstar Chain Co., Ltd., Qingdao
Nepstar Chain Co., Ltd., Guangzhou Nepstar Chain Co., Ltd., Jiangsu Nepstar
Chain Co., Ltd., Shangdong Nepstar Chain Co., Ltd., Shanghai Nepstar Chain Co.,
Ltd., Sichuang Nepstar Chain Co., Ltd., Hangzhou Nepstar Chain Co., Ltd., Ningbo
Nepstar Chain Co., Ltd., Tianjin Nepstar Chain Co., Ltd. and Dalian Nepstar
Chain Co., Ltd. ("regional Nepstar companies").
Therefore, I hereby undertake that, during the terms of being a shareholder of
Nepstar IT, I will not directly or indirectly engage in any business in
competition with the businesses of Nepstar Pharmaceutical and/or the regional
Nepstar companies by investment, participation in operation or any other ways
(including acting as an owner, shareholder, partner, director, manager,
employee, advisor or consultant).
I hereby agree that this Commitment Letter be an annex to and a component part
of the aforesaid Shareholders Agreements regarding the regional Nepstar
companies and have the same effect as the text of such Shareholders Agreements
(in case of any conflict, the text of such Shareholders Agreements shall
prevail). Any violation of mine against this Commitment Letter will be deemed as
breach by Nepstar IT and me. Nepstar IT and I will be liable for such breach
according to relevant agreements entered into with Nepstar Pharmaceutical.
Representing and warranting as above.
/s/ Xxxx Xxxxxx
August 21, 2007
Agreed and Accepted by
/s/ Shenzhen Nepstar Information and Technology Co., Ltd.
Shenzhen Nepstar Information and Technology Co., Ltd.
August 21, 2007
