EX-99.(B)-(4) 6 a2235841zex-99_b4.htm EX-99.(B)(4) Exhibit (b)-(4) Execution Version EQUITY COMMITMENT LETTER May 29, 2018 IK Healthcare Investment Limited Suite 3501, K.Wah Centre Shanghai, 200031 China Ladies and Gentlemen:New York • May 5th, 2020
Jurisdiction FiledMay 5th, 2020This letter agreement sets forth the commitment of Boyu Capital Fund III, L.P., an exempted limited partnership registered under the Laws of the Cayman Islands (the “Sponsor”), on the terms and subject to the conditions contained herein, to purchase, directly or indirectly, certain equity interests of IK Healthcare Investment Limited, an exempted company with limited liability incorporated under the Laws of the Cayman Islands (“Parent”). It is contemplated that, pursuant to that certain Agreement and Plan of Merger, dated as of March 26, 2018 (as amended on May 29, 2018 and further amended, restated, supplemented or otherwise modified from time to time, the “Merger Agreement”), among iKang Healthcare Group, Inc. (the “Company”), Parent, and IK Healthcare Merger Limited, a direct wholly-owned Subsidiary of Parent (“Merger Sub”), Merger Sub will merge with and into the Company (the “Merger”), with the Company surviving the Merger as a direct wholly-owned Subsidiary of Parent. On March 26
AMENDED AND RESTATED EQUITY COMMITMENT LETTER May 29, 2018iKang Healthcare Group, Inc. • May 30th, 2018 • Services-offices & clinics of doctors of medicine • New York
Company FiledMay 30th, 2018 Industry JurisdictionThis letter agreement amends and restates the letter agreement, dated March 26, 2018 (the “Prior Equity Commitment Letter”), from Yunfeng Fund III, L.P., a Cayman Islands exempted limited partnership (the “Sponsor”) and acknowledged and accepted by IK Healthcare Investment Limited, an exempted company with limited liability incorporated under the Laws of the Cayman Islands (“Parent”), setting forth the commitment of the Sponsor, on the terms and subject to the conditions contained herein, to purchase, directly or indirectly, certain equity interests of Parent. The Sponsor and Parent have determined to amend the Prior Equity Commitment Letter and hereby agree that the Prior Equity Commitment Letter shall be amended and restated in its entirety as follows:
AMENDED AND RESTATED EQUITY COMMITMENT LETTER May 29, 2018iKang Healthcare Group, Inc. • May 30th, 2018 • Services-offices & clinics of doctors of medicine • New York
Company FiledMay 30th, 2018 Industry JurisdictionThis letter agreement amends and restates the letter agreement, dated March 26, 2018 (the “Prior Equity Commitment Letter”), from Yunfeng Fund III Parallel Fund, L.P., a Cayman Islands exempted limited partnership (the “Sponsor”) and acknowledged and accepted by IK Healthcare Investment Limited, an exempted company with limited liability incorporated under the Laws of the Cayman Islands (“Parent”), setting forth the commitment of the Sponsor, on the terms and subject to the conditions contained herein, to purchase, directly or indirectly, certain equity interests of Parent. The Sponsor and Parent have determined to amend the Prior Equity Commitment Letter and hereby agree that the Prior Equity Commitment Letter shall be amended and restated in its entirety as follows:
AMENDED AND RESTATED EQUITY COMMITMENT LETTER May 29, 2018iKang Healthcare Group, Inc. • May 30th, 2018 • Services-offices & clinics of doctors of medicine • New York
Company FiledMay 30th, 2018 Industry JurisdictionThis letter agreement amends and restates the letter agreement, dated March 26, 2018 (the “Prior Equity Commitment Letter”), from Taobao China Holding Limited, a limited liability company incorporated under the Laws of Hong Kong (the “Sponsor”) and acknowledged and accepted by IK Healthcare Investment Limited, an exempted company with limited liability incorporated under the Laws of the Cayman Islands (“Parent”), setting forth the commitment of the Sponsor, on the terms and subject to the conditions contained herein, to purchase, directly or indirectly, certain equity interests of Parent. The Sponsor and Parent have determined to amend the Prior Equity Commitment Letter and hereby agree that the Prior Equity Commitment Letter shall be amended and restated in its entirety as follows:
EQUITY COMMITMENT LETTER May 29, 2018iKang Healthcare Group, Inc. • May 30th, 2018 • Services-offices & clinics of doctors of medicine • New York
Company FiledMay 30th, 2018 Industry JurisdictionThis letter agreement sets forth the commitment of Boyu Capital Fund III, L.P., an exempted limited partnership registered under the Laws of the Cayman Islands (the “Sponsor”), on the terms and subject to the conditions contained herein, to purchase, directly or indirectly, certain equity interests of IK Healthcare Investment Limited, an exempted company with limited liability incorporated under the Laws of the Cayman Islands (“Parent”). It is contemplated that, pursuant to that certain Agreement and Plan of Merger, dated as of March 26, 2018 (as amended on May 29, 2018 and further amended, restated, supplemented or otherwise modified from time to time, the “Merger Agreement”), among iKang Healthcare Group, Inc. (the “Company”), Parent, and IK Healthcare Merger Limited, a direct wholly-owned Subsidiary of Parent (“Merger Sub”), Merger Sub will merge with and into the Company (the “Merger”), with the Company surviving the Merger as a direct wholly-owned Subsidiary of Parent. On March 26