Company: ZDAN
Filing Date: 2025-02-18
Form Type: DRS/A
Source: 0001683168-25-001085
Chunk: 289

Company: Zerolimit Technology Holding Co. Ltd.
Filing Date: 2025-02-18
Form: DRS/A
Chunk 289
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 enterprise management and training, technology
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 includes
the compensation that WFOE shall be paid for the provision of consultancy and services. The VIE shall additionally pay liquidated damage
in an amount representing 0.05% late payment per day to WFOE. 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.

| F-8 |

Exclusive Option Agreement

On May 24, 2023, the VIE Shareholders, the VIE
and WFOE entered into an exclusive option agreement (the “Exclusive Option Agreement), pursuant to which the VIE Shareholders and
the VIE granted WFOE or its designees an irrevocable and exclusive right to purchase (i) all the equity held by the VIE Shareholders
in the VIE for the amount in proportion to their respective contributions to the registered capital of the VIE, and (ii) all assets of
the VIE for the net book value of the relevant assets. If the lowest price permitted under PRC law is higher than the corresponding capital
contribution of the transfer equity and/or the net book value of the purchased assets, the VIE Shareholders and/or the VIE shall pay
all the remaining of the excess amount to WFOE after deducting all the taxes and fees required by the applicable PRC Law. The Exclusive
Option Agreement further provides that the VIE Shareholders shall not dispose of or encumber any