Company: ZDAN
Filing Date: 2025-07-28
Form Type: F-1/A
Source: 0001683168-25-005450
Chunk: 139

Company: Zerolimit Technology Holding Co. Ltd.
Filing Date: 2025-07-28
Form: F-1/A
Chunk 139
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ledge Agreement. Under this agreement,
the VIE Shareholders pledged their equity interests in the VIE to WFOE to secure the performance of their obligations under the exclusive
option agreement and the power of attorney, and the VIE’s payment obligations under the Exclusive Consulting and Services Agreement
as described below. Without WFOE’s prior written consent, the VIE Shareholders shall not transfer the equity interests pledged thereunder
or create any other pledge or encumbrance on such equity interests during the term of the equity interest pledge agreement. The Equity
Interest Pledge Agreements remain effective unless otherwise terminated by WFOE in the event of material breach by the VIE, or terminated
pursuant to other agreements entered into among all parties to the Equity Interest Pledge Agreement.

Agreement that allows us and the PRC Subsidiaries to receive economic benefits from the VIE

Exclusive Consulting and Services Agreement. On May 24, 2023, the VIE and WFOE entered into an exclusive service agreement (the “Exclusive Consulting
and Services Agreement”), pursuant to which agreement WFOE will be the exclusive provider of services and support reasonably requested
by the VIE, including enterprise management and training, the research and development of computer software, information system software
and related products and the sale and marketing of computer software, information system software and related products. Without WFOE’s
written consent, the VIE shall not accept any technology consulting and services covered by the Exclusive Consulting and Services Agreement
from any third party. The VIE agrees to pay service fees to WFOE on annual basis. In the event that the VIE fails to pay the service fee
and other expenses in accordance with this agreement, the VIE shall additionally pay liquidated damage in an amount representing 0.05%
late payment per day to WFOE. The service fees include the compensation that WFOE shall be paid for the provision of consultancy and services.
The VIE’s relevant shareholders will pledge their equity interests in the VIE to WFOE to secure all service Fee, liquidated damages,
actual expenses and indemnifications payable by the VIE under this agreement. The Exclusive Consulting and Services Agreement will remain
effective indefinitely unless otherwise terminated by WFOE on such expiration date upon prior written notice or earlier terminated pursuant
to other agreements entered into among all parties to the Exclusive Consulting and Services Agreement.

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Agreements that provide us and the PRC Subsidiaries with the option