termination AgreementTermination Agreement • December 20th, 2022 • BIMI International Medical Inc. • Wholesale-drugs, proprietaries & druggists' sundries • New York
This termination agreement (the “Agreement”) is made and entered into as of December 15, 2022 by and among BIMI International Medical Inc., a company organized under the laws of the state of Delaware, the U.S.A. (“Parent”), BIMI HOSPITAL MANAGEMENT (Chongqing) Co., Ltd. (formerly known as BIMAI HOSPITAL MANAGEMENT (CHONGQING) CO., LTD.) , a company organized under the laws of the PRC (“Buyer”), BENGBU MARY OB-GYN HOSPITAL CO., LTD., a company organized under the laws of the PRC (the “Company”), RENBAO CHEN, a Chinese citizen residing in the PRC (“Chen”) and BENGBU MARY OB-GYN HOSPITAL, a PRC organization (“Mali”). Chen and Mali may be referred to herein individually as a “Seller” and collectively as “Sellers.” Each of the parties named above may be referred to herein as a “Party” and collectively as the “Parties.” Capitalized terms used herein but not otherwise defined shall have the meanings ascribed to such terms in the Original Agreement (as defined below).
