Company: ZDAN
Filing Date: 2025-01-10
Form Type: DRS/A
Source: 0001683168-25-000168
Chunk: 207

Company: Zerolimit Technology Holding Co. Ltd.
Filing Date: 2025-01-10
Form: DRS/A
Chunk 207
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member to the Party-mass Service Center of Haichang Community, Shekou Street from January 2013 to February 2015. Ms. Zhang obtained her
Bachelor’s degree in English from Jiangxi Qinglin College in China in 2006. In 2018, Ms. Zhang graduated from Tianjin University
in China with a major in financial management.

Employment Agreements and Indemnification Agreements

At or near the time of the
initial public offering, we intend to enter into employment agreements with our executive officers. Each of our executive officers shall
be employed for a continuous term unless terminated in accordance with the provisions of such employment agreement.

At or near the time of the
initial public offering, we intend to enter into indemnification agreements with each of our directors and executive officers. Under
these agreements, we anticipate that we will agree to indemnify our directors and executive officers against all liabilities and expenses
incurred by such persons in connection with claims made by reason of their being a director or officer of our Company to the fullest
extent permitted by law, with certain limited exceptions.

Board of Directors

Our Board of Directors will
consist of four directors upon the SEC’s declaration of effectiveness of our registration statement on Form F-1, of which
this prospectus is a part.

The shareholding qualification
for directors may be fixed by our shareholders by ordinary resolution and unless and until so fixed, no share qualification shall be
required. Our directors do not have a service contract with us that provides for benefits upon termination of service.

Committees of the Board of Directors

We will establish three
committees under the Board of Directors immediately upon the effectiveness of our registration statement on Form F-1, of which this
prospectus is a part: an audit committee, a compensation committee and a nominating and corporate governance committee. We will adopt
a charter for each of the three committees. Each committee’s members and functions are described below.

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Audit Committee

Our audit committee will
consist of Mr. Chen, Mr. Xiaosha Hu, and Ms. Zhang. Mr. Chen will be the chairman of our audit committee. We have determined that Mr.
Chen, Mr. Xiaosha Hu, and Ms. Zhang satisfy the “independence” requirements of the Rule 5605(c)(2) of the Nasdaq
listing rules and meet the independence standards under Rule 10A-3 under the Exchange Act. Our audit committee will