EQUITY COMMITMENT LETTER June 21, 2021Merger Agreement • July 6th, 2021 • 51job, Inc. • Services-employment agencies • New York
Contract Type FiledJuly 6th, 2021 Company Industry JurisdictionThis letter agreement is being delivered by and sets forth the commitment of Ocean Link Partners II, L.P. (the “Sponsor”), on the terms and subject to the conditions contained herein, to purchase, directly or indirectly, certain equity interests of Garnet Faith Limited, an exempted company with limited liability incorporated under the Laws of the Cayman Islands (“Merger Sub”). It is contemplated that, pursuant to that certain Agreement and Plan of Merger, dated as of the date hereof (as amended, restated, supplemented or otherwise modified from time to time, the “Merger Agreement”), between 51job, Inc. (the “Company”) and Merger Sub, Merger Sub will merge with and into the Company (the “Merger”), with the Company surviving the Merger. Concurrently with the delivery of this letter agreement, RY Holdings Inc., RY Elevate Inc., 51 Elevate Limited and DCP Capital Partners II, L.P. (each, an “Other Sponsor”) are entering into letter agreements substantially identical to this letter agreemen
EQUITY COMMITMENT LETTER June 21, 2021Merger Agreement • July 6th, 2021 • 51job, Inc. • Services-employment agencies • New York
Contract Type FiledJuly 6th, 2021 Company Industry JurisdictionThis letter agreement is being delivered by and sets forth the commitment of DCP Capital Partners II, L.P. (the “Sponsor”), on the terms and subject to the conditions contained herein, to purchase, directly or indirectly, certain equity interests of Garnet Faith Limited, an exempted company with limited liability incorporated under the Laws of the Cayman Islands (“Merger Sub”). It is contemplated that, pursuant to that certain Agreement and Plan of Merger, dated as of the date hereof (as amended, restated, supplemented or otherwise modified from time to time, the “Merger Agreement”), between 51job, Inc. (the “Company”) and Merger Sub, Merger Sub will merge with and into the Company (the “Merger”), with the Company surviving the Merger. Concurrently with the delivery of this letter agreement, RY Holdings Inc., RY Elevate Inc., 51 Elevate Limited and Ocean Link Partners II, L.P. (each, an “Other Sponsor”) are entering into letter agreements substantially identical to this letter agreemen
EQUITY COMMITMENT LETTER June 21, 2021Merger Agreement • June 22nd, 2021 • Yan Rick • Services-employment agencies • New York
Contract Type FiledJune 22nd, 2021 Company Industry JurisdictionThis letter agreement is being delivered by and sets forth the commitment of 51 Elevate Limited (the “Sponsor”), on the terms and subject to the conditions contained herein, to purchase, directly or indirectly, certain equity interests of Garnet Faith Limited, an exempted company with limited liability incorporated under the Laws of the Cayman Islands (“Merger Sub”). It is contemplated that, pursuant to that certain Agreement and Plan of Merger, dated as of the date hereof (as amended, restated, supplemented or otherwise modified from time to time, the “Merger Agreement”), between 51job, Inc. (the “Company”) and Merger Sub, Merger Sub will merge with and into the Company (the “Merger”), with the Company surviving the Merger. Concurrently with the delivery of this letter agreement, RY Holdings Inc., RY Elevate Inc., DCP Capital Partners II, L.P. and Ocean Link Partners II, L.P. (each, an “Other Sponsor”) are entering into letter agreements substantially identical to this letter agreemen