# EDGAR Filing Document

**Accession Number:** 0001900679
**File Stem:** 0001493152-23-002325
**Filing Date:** 2023-1
**Character Count:** 198839
**Document Hash:** be2fa9fcfcb87efa82d551d4a0c3f658
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001493152-23-002325.hdr.sgml**: 20230124

**ACCESSION NUMBER**: 0001493152-23-002325

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 15

**CONFORMED PERIOD OF REPORT**: 20230118

**ITEM INFORMATION**: Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year

**ITEM INFORMATION**: Submission of Matters to a Vote of Security Holders

**ITEM INFORMATION**: Financial Statements and Exhibits

**FILED AS OF DATE**: 20230124

**DATE AS OF CHANGE**: 20230124

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Technology & Telecommunication Acquisition Corp
- **CENTRAL INDEX KEY:** 0001900679
- **STANDARD INDUSTRIAL CLASSIFICATION:** BLANK CHECKS [6770]
- **IRS NUMBER:** 000000000
- **FISCAL YEAR END:** 1130

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-41229
- **FILM NUMBER:** 23548722

**BUSINESS ADDRESS:**
- **STREET 1:** 78 SW 7TH STREET
- **STREET 2:** SUITE 500
- **CITY:** MIAMI
- **STATE:** FL
- **ZIP:** 33130
- **BUSINESS PHONE:** (786) 823-2821

**MAIL ADDRESS:**
- **STREET 1:** 78 SW 7TH STREET
- **STREET 2:** SUITE 500
- **CITY:** MIAMI
- **STATE:** FL
- **ZIP:** 33130

?xml version="1.0" encoding="utf-8"?

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

**Form 8-K**

**Current Report**

**Pursuant to Section 13 or 15(d) of the**

**Securities Exchange Act of 1934**

January 18, 2023

Date of Report (Date of earliest event reported)

**<u>Technology & Telecommunication Acquisition Corporation</u>**

(Exact Name of Registrant as Specified in its Charter)

---

| | | |
|:---|:---|:---|
| **Cayman Islands** | **001-41229** | **N/A** |
| (State or other jurisdiction<br> of incorporation) | (Commission<br> File Number) | (I.R.S. Employer<br> Identification No.) |

---

---

| | |
|:---|:---|
| **C3-2-23A, Jalan 1/152, Taman OUG Parklane**<br> **Off Jalan Kelang Lama**<br> **58200 Kuala Lumpur, Malaysia** | |
| (Address of Principal Executive Offices) | (Zip Code) |

---

Registrant's telephone number, including area code: **+60 1 2334 8193**

N/A

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act

Securities registered pursuant to Section 12(b) of the Act:

---

| | | |
|:---|:---|:---|
| Title of each class | Trading Symbols | Name of each exchange on which registered |
| Units, each consisting of one ordinary share, $0.0001 par value (the "Ordinary Shares"), and one-half Redeemable Warrant | TETEU | The Nasdaq Stock Market LLC |
| <br> Ordinary Shares | TETE | The Nasdaq Stock Market LLC |
| Redeemable Warrants, each whole warrant exercisable for one Ordinary Share at an exercise price of $11.50 | TETEW | The Nasdaq Stock Market LLC |

---

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).

Emerging growth company ☒

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

**Item 5.03.** **Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year.**

Subsequent to the approval by the shareholders of Technology & Telecommunication Acquisition Corporation ("<u>TETE</u>" or the "<u>Company</u>") of the Amendment to TETE's Amended and Restated Memorandum and Articles of Association (the "<u>Charter Amendment</u>"), on January 20, 2023, TETE filed the Charter Amendment with the Registrar of Companies in the Cayman Islands. Pursuant to the Charter Amendment, TETE has the right to extend the period which it has to complete a business combination by up to six (6) times for an additional one (1) month each time from January 20, 2023 to July 20, 2023 by depositing into its trust account, for each one-month extension, the lesser of (a) $262,500 and (b) $0.0525 for each Class A ordinary share outstanding after giving effect to the redemption of public shares in connection with the Charter Amendment in accordance with the terms of TETE's amended and restated memorandum and articles of association.

**Item 5.07. Submissions of Matters to a Vote of Security Holders.**

On January 18, 2023, TETE held an Extraordinary General Meeting of Shareholders (the "<u>General Meeting</u>"). On December 28, 2022, the record date for the General Meeting, there were 12,776,308 ordinary shares of TETE entitled to be voted at the General Meeting, 85.70% of which were represented in person or by proxy.

The final results for each of the matters submitted to a vote of TETE's shareholders at the General Meeting are as follows:

---

| | | | |
|:---|:---|:---|:---|
| **Matters Voted On** | **For** | **Against** | **Abstain** |
| Proposal to amend TETE's Amended and Restated Articles of Association (the "*Articles of Association*") to give the Company the right to extend the date by which it has to consummate a business combination (the "*Combination Period*") up to six (6) times for an additional one (1) month each time, from January 20, 2023 to July 20, 2023 (as extended, the "*Extended Date*") (i.e., for a period of time ending 18 months after the consummation of its initial public offering). | 12650551 | 0 | 125757 |
| Proposal to amend TETE's investment management trust agreement, dated as of January 14, 2022, by and between the Company and Continental Stock Transfer & Trust Company, to allow the Company to extend the Combination Period up to six (6) times for an additional one (1) month each time from January 20, 2023 to the Extended Date by depositing into the Trust Account, for each one-month extension, the lesser of (a) $262,500 and (b) $0.0525 for each Class A ordinary share outstanding after giving effect to the Redemption. | 12650551 | 0 | 125757 |
| Proposal to amend the Articles of Association to expand the methods that TETE may employ to not become subject to the "penny stock" rules of the Securities and Exchange Commission. | 12140868 | 0 | 635440 |

---

Each of the proposals described above was approved by TETE's shareholders. TETE's shareholders elected to redeem an aggregate of 8,373,932 ordinary shares in connection with the General Meeting.

**Item 9.01. Financial Statements and Exhibits**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) Exhibits.

<u>Exhibit No.</u> <u>Description</u> <br> 3.1\* [Amendment to the Amended and Restated Memorandum and Articles of Association, dated January 20, 2023](ex3-1.htm) <br> 104 Cover Page Interactive Data File (formatted as Inline XBRL and contained in Exhibit 101)

**SIGNATURES**

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

---

| | |
|:---|:---|
| Dated: January 24, 2023 | Dated: January 24, 2023 |
| **TECHNOLOGY & TELECOMMUNICATION ACQUISITION CORPORATION** | **TECHNOLOGY & TELECOMMUNICATION ACQUISITION CORPORATION** |
| By: | */s/ Tek Che Ng* |
| Name: | Tek Che Ng |
| Title: | Chief Executive Officer |

---

## Exhibit 3.1

**Exhibit 3.1**

---

| | |
|:---|:---|
| **Companies Act (Revised)**<br>**Company Limited by Shares** | **Companies Act (Revised)**<br>**Company Limited by Shares** |
|  | **<br> AMENDED & RESTATED**<br>**memorandum of association<br> OF<br> TECHNOLOGY & TELECOMMUNICATION ACQUISITION CORPORATION**<br>|
| (Adopted by special resolution passed on 18 January 2023) | (Adopted by special resolution passed on 18 January 2023) |

---

![](ex3-1_001.jpg)

**Companies Act (Revised)**

**Company Limited by Shares**

**Amended & Restated**

**Memorandum of Association**

**of**

**Technology & Telecommunication Acquisition Corporation**

(Adopted by special resolution passed on 18 January 2023)

---

| | |
|:---|:---|
| 1 | The name of the Company is Technology & Telecommunication Acquisition Corporation. |
| 2 | The Company's registered office will be situated at the office of Ogier Global (Cayman) Limited, 89 Nexus Way, Camana Bay, Grand Cayman, KY1-9009, Cayman Islands or at such other place in the Cayman Islands as the directors may at any time decide. |
| 3 | The Company's objects are unrestricted. As provided by section 7(4) of the Companies Act (Revised), the Company has full power and authority to carry out any object not prohibited by any law of the Cayman Islands. |
| 4 | The Company has unrestricted corporate capacity. Without limitation to the foregoing, as provided by section 27 (2) of the Companies Act (Revised), the Company has and is capable of exercising all the functions of a natural person of full capacity irrespective of any question of corporate benefit. |
| 5 | Nothing in any of the preceding paragraphs permits the Company to carry on any of the following businesses without being duly licensed, namely: |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) the
 business of a bank or trust company without being licensed in that behalf under the Banks
 and Trust Companies Act (Revised); or

(b) insurance
 business from within the Cayman Islands or the business of an insurance manager, agent, sub-agent
 or broker without being licensed in that behalf under the Insurance Act (Revised); or

(c) the
 business of company management without being licensed in that behalf under the Companies
 Management Act (Revised).

---

| | |
|:---|:---|
| 6 | The Company will not trade in the Cayman Islands with any person, firm or corporation except in furtherance of its business carried on outside the Cayman Islands. Despite this, the Company may effect and conclude contracts in the Cayman Islands and exercise in the Cayman Islands any of its powers necessary for the carrying on of its business outside the Cayman Islands. |

---

---

| | |
|:---|:---|
| 7.0 | The Company is a company limited by shares and accordingly the liability of each member is limited to the amount (if any) unpaid on that member's shares. |
| 8.0 | The share capital of the Company is US$50,000 divided into 479,000,000 Class A Ordinary Shares of US$0.0001 each, 20,000,000 Class B Ordinary Shares of US$0.0001 and 1,000,000 preference Shares of US$0.0001 each. There is no limit on the number of shares of any class which the Company is authorised to issue. However, subject to the Companies Act (Revised) and the Company's articles of association, the Company has power to do any one or more of the following: |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) to
 redeem or repurchase any of its shares; and

(b) to
 increase or reduce its capital; and

(c) to
 issue any part of its capital (whether original, redeemed, increased or reduced):

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) with
 or without any preferential, deferred, qualified or special rights, privileges or conditions;
 or

(ii) subject
 to any limitations or restrictions

and unless the condition of issue expressly declares otherwise, every issue of shares (whether declared to be ordinary, preference or otherwise) is subject to this power; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) to
 alter any of those rights, privileges, conditions, limitations or restrictions.

---

| | |
|:---|:---|
| 9 | The Company has power to register by way of continuation as a body corporate limited by shares under the laws of any jurisdiction outside the Cayman Islands and to be deregistered in the Cayman Islands. |

---

**Companies Act (Revised)**

**Company Limited by Shares**

**Technology & Telecommunication Acquisition Corporation**

**AMENDED & RESTATED ARTICLES of association**

(Adopted by special resolution passed on 18 January 2023)

![](ex3-1_001.jpg)

**Contents**

---

| | | |
|:---|:---|:---|
| **1** | **Definitions, interpretation and exclusion of Table A** | **1** |
| Definitions | Definitions | 1 |
| Interpretation | Interpretation | 6 |
| Exclusion of Table A Articles | Exclusion of Table A Articles | 6 |
| **2** | **Shares** | **7** |
| Power to issue Shares and options, with or without special rights | Power to issue Shares and options, with or without special rights | 7 |
| Power to issue fractions of a Share | Power to issue fractions of a Share | 8 |
| Power to pay commissions and brokerage fees | Power to pay commissions and brokerage fees | 8 |
| Trusts not recognised | Trusts not recognised | 9 |
| Power to vary class rights | Power to vary class rights | 9 |
| Effect of new Share issue on existing class rights | Effect of new Share issue on existing class rights | 10 |
| Capital contributions without issue of further Shares | Capital contributions without issue of further Shares | 10 |
| No bearer Shares or warrants | No bearer Shares or warrants | 10 |
| Treasury Shares | Treasury Shares | 10 |
| Rights attaching to Treasury Shares and related matters | Rights attaching to Treasury Shares and related matters | 10 |
| **3** | **Register of Members** | **11** |
| **4** | **Share certificates** | **11** |
| Issue of share certificates | Issue of share certificates | 11 |
| Renewal of lost or damaged share certificates | Renewal of lost or damaged share certificates | 12 |
| **5** | **Lien on Shares** | **13** |
| Nature and scope of lien | Nature and scope of lien | 13 |
| Company may sell Shares to satisfy lien | Company may sell Shares to satisfy lien | 13 |
| Authority to execute instrument of transfer | Authority to execute instrument of transfer | 13 |
| Consequences of sale of Shares to satisfy lien | Consequences of sale of Shares to satisfy lien | 14 |
| Application of proceeds of sale | Application of proceeds of sale | 14 |
| **6** | **Calls on Shares and forfeiture** | **14** |
| Power to make calls and effect of calls | Power to make calls and effect of calls | 14 |
| Time when call made | Time when call made | 15 |
| Liability of joint holders | Liability of joint holders | 15 |
| Interest on unpaid calls | Interest on unpaid calls | 15 |
| Deemed calls | Deemed calls | 15 |
| Power to accept early payment | Power to accept early payment | 15 |
| Power to make different arrangements at time of issue of Shares | Power to make different arrangements at time of issue of Shares | 15 |
| Notice of default | Notice of default | 16 |
| Forfeiture or surrender of Shares | Forfeiture or surrender of Shares | 16 |
| Disposal of forfeited or surrendered Share and power to cancel forfeiture or surrender | Disposal of forfeited or surrendered Share and power to cancel forfeiture or surrender | 16 |
| Effect of forfeiture or surrender on former Member | Effect of forfeiture or surrender on former Member | 16 |
| Evidence of forfeiture or surrender | Evidence of forfeiture or surrender | 17 |
| Sale of forfeited or surrendered Shares | Sale of forfeited or surrendered Shares | 17 |

---

---

| | | |
|:---|:---|:---|
| **7** | **Transfer of Shares** | **17** |
| Form of transfer | Form of transfer | 17 |
| Power to refuse registration | Power to refuse registration | 18 |
| Power to suspend registration | Power to suspend registration | 18 |
| Company may retain instrument of transfer | Company may retain instrument of transfer | 18 |
| **8** | **Transmission of Shares** | **18** |
| Persons entitled on death of a Member | Persons entitled on death of a Member | 18 |
| Registration of transfer of a Share following death or bankruptcy | Registration of transfer of a Share following death or bankruptcy | 18 |
| Indemnity | Indemnity | 19 |
| Rights of person entitled to a Share following death or bankruptcy | Rights of person entitled to a Share following death or bankruptcy | 19 |
| **9** | **Alteration of capital** | **19** |
| Increasing, consolidating, converting, dividing and cancelling share capital | Increasing, consolidating, converting, dividing and cancelling share capital | 19 |
| Dealing with fractions resulting from consolidation of Shares | Dealing with fractions resulting from consolidation of Shares | 20 |
| Reducing share capital | Reducing share capital | 20 |
| **10** | **Redemption and purchase of own Shares** | **20** |
| Power to issue redeemable Shares and to purchase own Shares | Power to issue redeemable Shares and to purchase own Shares | 20 |
| Power to pay for redemption or purchase in cash or in specie | Power to pay for redemption or purchase in cash or in specie | 21 |
| Effect of redemption or purchase of a Share | Effect of redemption or purchase of a Share | 21 |
| **11** | **Meetings of Members** | **22** |
| Power to call meetings | Power to call meetings | 22 |
| Content of notice | Content of notice | 23 |
| Period of notice | Period of notice | 24 |
| Persons entitled to receive notice | Persons entitled to receive notice | 24 |
| Publication of notice on a website | Publication of notice on a website | 24 |
| Time a website notice is deemed to be given | Time a website notice is deemed to be given | 24 |
| Required duration of publication on a website | Required duration of publication on a website | 25 |
| Accidental omission to give notice or non-receipt of notice | Accidental omission to give notice or non-receipt of notice | 25 |
| **12** | **Proceedings at meetings of Members** | **25** |
| Quorum | Quorum | 25 |
| Lack of quorum | Lack of quorum | 25 |
| Use of technology | Use of technology | 26 |
| Chairman | Chairman | 26 |
| Right of a director to attend and speak | Right of a director to attend and speak | 26 |
| Adjournment | Adjournment | 26 |
| Method of voting | Method of voting | 26 |
| Taking of a poll | Taking of a poll | 26 |
| Chairman's casting vote | Chairman's casting vote | 27 |
| Amendments to resolutions | Amendments to resolutions | 27 |
| Written resolutions | Written resolutions | 27 |
| Sole-member company | Sole-member company | 28 |
| **13** | **Voting rights of Members** | **28** |
| Right to vote | Right to vote | 28 |
| Rights of joint holders | Rights of joint holders | 29 |

---

---

| | | |
|:---|:---|:---|
| Representation of corporate Members | Representation of corporate Members | 29 |
| Member with mental disorder | Member with mental disorder | 29 |
| Objections to admissibility of votes | Objections to admissibility of votes | 30 |
| Form of proxy | Form of proxy | 30 |
| How and when proxy is to be delivered | How and when proxy is to be delivered | 31 |
| **14** | **Number of directors** | **31** |
| **15** | **Appointment, disqualification and removal of directors** | **32** |
| No age limit | No age limit | 32 |
| Corporate directors | Corporate directors | 32 |
| No shareholding qualification | No shareholding qualification | 32 |
| Appointment and removal of directors | Appointment and removal of directors | 32 |
| Resignation of directors | Resignation of directors | 34 |
| Termination of the office of director | Termination of the office of director | 34 |
| **16** | **Alternate directors** | **35** |
| Appointment and removal | Appointment and removal | 35 |
| Notices | Notices | 36 |
| Rights of alternate director | Rights of alternate director | 36 |
| Appointment ceases when the appointer ceases to be a director | Appointment ceases when the appointer ceases to be a director | 36 |
| Status of alternate director | Status of alternate director | 36 |
| Status of the director making the appointment | Status of the director making the appointment | 37 |
| **17** | **Powers of directors** | **37** |
| Powers of directors | Powers of directors | 37 |
| Appointments to office | Appointments to office | 37 |
| Remuneration | Remuneration | 38 |
| Disclosure of information | Disclosure of information | 38 |
| **18** | **Delegation of powers** | **39** |
| Power to delegate any of the directors' powers to a committee | Power to delegate any of the directors' powers to a committee | 39 |
| Power to appoint an agent of the Company | Power to appoint an agent of the Company | 39 |
| Power to appoint an attorney or authorised signatory of the Company | Power to appoint an attorney or authorised signatory of the Company | 39 |
| Power to appoint a proxy | Power to appoint a proxy | 40 |
| **19** | **Meetings of directors** | **40** |
| Regulation of directors' meetings | Regulation of directors' meetings | 40 |
| Calling meetings | Calling meetings | 40 |
| Notice of meetings | Notice of meetings | 40 |
| Period of notice | Period of notice | 40 |
| Use of technology | Use of technology | 40 |
| Place of meetings | Place of meetings | 41 |
| Quorum | Quorum | 41 |
| Voting | Voting | 41 |
| Validity | Validity | 41 |
| Recording of dissent | Recording of dissent | 41 |
| Written resolutions | Written resolutions | 41 |

---

---

| | | |
|:---|:---|:---|
| Sole director's minute | Sole director's minute | 42 |
| **20** | **Permissible directors' interests and disclosure** | **42** |
| Permissible interests subject to disclosure | Permissible interests subject to disclosure | 42 |
| Notification of interests | Notification of interests | 42 |
| Voting where a director is interested in a matter | Voting where a director is interested in a matter | 43 |
| **21** | **Minutes** | **43** |
| **22** | **Accounts and audit** | **43** |
| Accounting and other records | Accounting and other records | 43 |
| No automatic right of inspection | No automatic right of inspection | 43 |
| Sending of accounts and reports | Sending of accounts and reports | 43 |
| Time of receipt if documents are published on a website | Time of receipt if documents are published on a website | 44 |
| Validity despite accidental error in publication on website | Validity despite accidental error in publication on website | 44 |
| Audit | Audit | 44 |
| **23** | **Financial year** | **46** |
| **24** | **Record dates** | **46** |
| **25** | **Dividends** | **46** |
| Declaration of dividends by Members | Declaration of dividends by Members | 46 |
| Payment of interim dividends and declaration of final dividends by directors | Payment of interim dividends and declaration of final dividends by directors | 46 |
| Apportionment of dividends | Apportionment of dividends | 47 |
| Right of set off | Right of set off | 47 |
| Power to pay other than in cash | Power to pay other than in cash | 48 |
| How payments may be made | How payments may be made | 48 |
| Dividends or other moneys not to bear interest in absence of special rights | Dividends or other moneys not to bear interest in absence of special rights | 49 |
| Dividends unable to be paid or unclaimed | Dividends unable to be paid or unclaimed | 49 |
| **26** | **Capitalisation of profits** | **49** |
| Capitalisation of profits or of any share premium account or capital redemption reserve | Capitalisation of profits or of any share premium account or capital redemption reserve | 49 |
| Applying an amount for the benefit of members | Applying an amount for the benefit of members | 49 |
| **27** | **Share premium account** | **50** |
| Directors to maintain share premium account | Directors to maintain share premium account | 50 |
| Debits to share premium account | Debits to share premium account | 50 |
| **28** | **Seal** | **50** |
| Company seal | Company seal | 50 |
| Duplicate seal | Duplicate seal | 50 |
| When and how seal is to be used | When and how seal is to be used | 50 |
| If no seal is adopted or used | If no seal is adopted or used | 51 |
| Power to allow non-manual signatures and facsimile printing of seal | Power to allow non-manual signatures and facsimile printing of seal | 51 |
| Validity of execution | Validity of execution | 51 |
| **29** | **Indemnity** | **51** |
| Indemnity | Indemnity | 51 |
| Release | Release | 52 |

---

---

| | | |
|:---|:---|:---|
| Insurance | Insurance | 52 |
| **30** | **Notices** | **53** |
| Form of notices | Form of notices | 53 |
| Electronic communications | Electronic communications | 53 |
| Persons authorised to give notices | Persons authorised to give notices | 53 |
| Delivery of written notices | Delivery of written notices | 53 |
| Joint holders | Joint holders | 53 |
| Signatures | Signatures | 54 |
| Evidence of transmission | Evidence of transmission | 54 |
| Giving notice to a deceased or bankrupt Member | Giving notice to a deceased or bankrupt Member | 54 |
| Date of giving notices | Date of giving notices | 54 |
| Saving provision | Saving provision | 55 |
| **31** | **Authentication of Electronic Records** | **55** |
| Application of Articles | Application of Articles | 55 |
| Authentication of documents sent by Members by Electronic means | Authentication of documents sent by Members by Electronic means | 55 |
| Authentication of document sent by the Secretary or Officers of the Company by Electronic means | Authentication of document sent by the Secretary or Officers of the Company by Electronic means | 56 |
| Manner of signing | Manner of signing | 56 |
| Saving provision | Saving provision | 56 |
| **32** | **Transfer by way of continuation** | **56** |
| **33** | **Winding up** | **57** |
| Distribution of assets in specie | Distribution of assets in specie | 57 |
| No obligation to accept liability | No obligation to accept liability | 57 |
| The directors are authorised to present a winding up petition | The directors are authorised to present a winding up petition | 57 |
| **34** | **Amendment of Memorandum and Articles** | **57** |
| Power to change name or amend Memorandum | Power to change name or amend Memorandum | 57 |
| Power to amend these Articles | Power to amend these Articles | 58 |
| **35** | **Mergers and Consolidations** | **58** |
| **36** | **Class B Share Conversion** | **58** |
| **37** | **Business Combination** | **59** |
| **38** | **Certain Tax Filings** | **62** |
| **39** | **Business Opportunities** | **63** |

---

**Companies Act (Revised)**

**Company Limited by Shares**

**Amended & Restated Articles of Association**

**of**

**Technology & Telecommunication Acquisition Corporation**

(Adopted by special resolution passed on 18 January 2023)

---

| | |
|:---|:---|
| **1** | **Definitions, interpretation and exclusion of Table A** |

---

**Definitions**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.1 In these Articles, the
 following definitions apply:

**Act** means the Companies Act (Revised) of the Cayman Islands, including any statutory modification or re-enactment thereof for the time being in force.

**Affiliate** in respect of a person, means any other person that, directly or indirectly, through one or more intermediaries, controls, is controlled by, or is under common control with, such person, and (a) in the case of a natural person, shall include, without limitation, such person's spouse, parents, children, siblings, mother-in-law and father-in-law and brothers and sisters-in-law, whether by blood, marriage or adoption or anyone residing in such person's home, a trust for the benefit of any of the foregoing, a company, partnership or any natural person or entity wholly or jointly owned by any of the foregoing and (b) in the case of an entity, shall include a partnership, a corporation or any natural person or entity which directly, or indirectly through one or more intermediaries, controls, is controlled by, or is under common control with, such entity.

**Amendment** has the meaning ascribed to it in Article 37.11.

**Amendment Redemption Event** has the meaning ascribed to it in Article 37.11.

**Applicable Law** means, with respect to any person, all provisions of laws, statutes, ordinances, rules, regulations, permits, certificates, judgments, decisions, decrees or orders of any governmental authority applicable to such person.

**Approved Amendment** has the meaning ascribed to it in Article 37.11.

**Articles** means, as appropriate:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) these articles of association
 as amended from time to time: or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) two or more particular
 articles of these Articles;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) and Article
 refers to a particular article of these Articles.

**Audit Committee** means the audit committee of the Company formed pursuant to Article 22.8 hereof, or any successor audit committee.

**Auditor** means the person for the time being performing the duties of auditor of the Company.

**Automatic Redemption Event** shall have the meaning given to it in Article 37.2.

**Business Combination** shall mean the initial acquisition by the Company, whether through a merger, share reconstruction or amalgamation, asset or share acquisition, exchangeable share transaction, contractual control arrangement or other similar type of transaction, with a Target Business at Fair Value, as set out further in Article 37.

**Business Day** means a day other than (a) a day on which banking institutions or trust companies are authorised or obligated by law to close in New York City (b) a Saturday or (c) a Sunday.

**Cayman Islands** means the British Overseas Territory of the Cayman Islands.

**Class A Share** means a Class A ordinary share of a par value of US$0.0001 in the share capital of the Company.

**Class B Share** means a Class B ordinary share of a par value of US$0.0001 in the share capital of the Company.

**Class B Share Entitlement** means the right of the holders of the Class B Shares (including on an as-converted basis) to 20 per cent. of all entitlements to income and capital arising in respect of all Shares in issue from time to time.

**Clear Days**, in relation to a period of notice, means that period excluding:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) the day when the notice
 is given or deemed to be given; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) the day for which it is
 given or on which it is to take effect.

**Clearing House** means a clearing house recognised by the laws of the jurisdiction in which the Shares (or depositary receipts therefor) are listed or quoted on a stock exchange or interdealer quotation system in such jurisdiction.

**Company** means the above-named company.

**Compensation Committee** means the compensation committee of the board of directors of the Company established pursuant to Article 22.8 hereof, or any successor committee.

**Default Rate** means 10% (ten per cent) per annum.

**Designated Stock Exchange** means Nasdaq Global Market or any other national securities exchange on which the Shares are listed for trading.

**Electronic** has the meaning given to that term in the Electronic Transactions Act (Revised) of the Cayman Islands.

**Electronic Record** has the meaning given to that term in the Electronic Transactions Act (Revised) of the Cayman Islands.

**Electronic Signature** has the meaning given to that term in the Electronic Transactions Act (Revised) of the Cayman Islands.

**Equity-Linked Securities** means any debt or equity securities that are convertible, exercisable or exchangeable for Class A Shares issued in a financing transaction in connection with a Business Combination, including but not limited to a private placement of equity or debt.

**Exchange Act** means the United States Securities Exchange Act of 1934, as amended.

**Fair Value** shall mean a value at least equal to 80% of the balance in the Trust Account (excluding any deferred underwriting fees and any taxes payable on the Trust Account balance) at the time of the execution of a definitive agreement for a Business Combination.

**Fully Paid** and **Paid Up**:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) in relation to a Share
 with par value, means that the par value for that Share and any premium payable in respect of the issue of that Share, has been fully
 paid or credited as paid in money or money's worth;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) in relation to a Share
 without par value, means that the agreed issue price for that Share has been fully paid or credited as paid in money or money's
 worth.

**Independent Director** means a director who is an independent director as defined in the rules and regulations of the Designated Stock Exchange as determined by the directors.

**Initial Shareholders** means the Sponsor, the directors and officers of the Company or their respective Affiliates who hold Shares prior to the IPO.

**IPO** means the initial public offering of units, consisting of Shares and warrants of the Company and rights to receive Shares of the Company.

**Member** means any person or persons entered on the Register of Members from time to time as the holder of a Share.

**Memorandum** means the memorandum of association of the Company as amended from time to time.

**Nominating and Corporate Governance Committee** means the compensation committee of the board of directors of the Company established pursuant to Article 22.8 hereof, or any successor committee.

**Officer** means a person then appointed to hold an office in the Company; and the expression includes a director, alternate director or liquidator.

**Ordinary Resolution** means a resolution of a duly constituted general meeting of the Company passed by a simple majority of the votes cast by, or on behalf of, the Members entitled to vote thereon. The expression also includes a unanimous written resolution.

**Over-Allotment Option** means the option of the Underwriters to purchase up to an additional 15% of the firm units (as described at Article 2.4) sold in the IPO at a price equal to US$10.00 per unit, less underwriting discount and commissions.

**Per-Share Redemption Price** means:

with respect to an Automatic Redemption Event, the aggregate amount on deposit in the Trust Account (including interest not previously released to us, which shall be net of taxes payable, and less interest to pay dissolution expenses) divided by the number of then outstanding Public Shares;

with respect to an Amendment Redemption Event, the aggregate amount on deposit in the Trust Account, including interest earned but net of taxes payable, divided by the number of then outstanding Public Shares; and

with respect to either a Tender Redemption Offer or a Redemption Offer, the aggregate amount then on deposit in the Trust Account (net of taxes payable), divided by the number of then outstanding Public Shares.

**Preference Share** means a preference share of a par value of US$0.0001 in the share capital of the Company.

**Public Share** means the Class A Shares included in the units issued in the IPO (as described in Article 2.4).

**Redemption Offer** has the meaning ascribed to it in Article 37.5(b).

**Register of Members** means the register of Members maintained in accordance with the Act and includes (except where otherwise stated) any branch or duplicate register of Members.

**Registration Statement** has the meaning ascribed to it in Article 37.10.

**SEC** means the United States Securities and Exchange Commission.

**Secretary** means a person appointed to perform the duties of the secretary of the Company, including a joint, assistant or deputy secretary.

**Share** means a Class A Share, Class B Share or a Preference Share in the share capital of the Company; and the expression:

(a) includes stock (except
 where a distinction between shares and stock is expressed or implied); and

(b) where the context permits,
 also includes a fraction of a share.

**Special Resolution** has the meaning given to that term in the Act.

**Sponsor** means Technology & Telecommunication LLC, a Cayman Islands limited liability company and its successors and assigns, being the majority Initial Shareholder immediately prior to the consummation of the IPO.

**Sponsor Group** or **Sponsor Group Related Person** means the Sponsor and its respective Affiliates, successors and assigns, as defined in Articles 39.1.

**Target Business** means any businesses or entity with whom the Company wishes to undertake a Business Combination.

**Target Business Acquisition Period** shall mean the period commencing from the effectiveness of the registration statement filed with the SEC in connection with the Company's IPO up to and including the first to occur of (i) a Business Combination; or (ii) the Termination Date.

**Tax Filing Authorised Person** means such person as any director shall designate from time to time, acting severally.

**Tender Redemption Offer** has the meaning ascribed to it in Article 37.5(a).

**Termination Date** has the meaning given to it in Article 37.2.

**Treasury Shares** means Shares of the Company held in treasury pursuant to the Act and Article 2.16.

**Trust Account** means the trust account established by the Company upon the consummation of its IPO and into which a certain amount of the net proceeds of the IPO, together with a certain amount of the proceeds of a private placement of warrants simultaneously with the closing date of the IPO, will be deposited.

**Underwriter** means an underwriter of the IPO from time to time, and any successor underwriter.

**Interpretation**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.2 In the interpretation of
 these Articles, the following provisions apply unless the context otherwise requires:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) A reference in these Articles
 to a statute is a reference to a statute of the Cayman Islands as known by its short title, and includes:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) any statutory modification,
 amendment or re-enactment; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) any subordinate legislation
 or regulations issued under that statute.

Without limitation to the preceding sentence, a reference to a revised Act of the Cayman Islands is taken to be a reference to the revision of that Act in force from time to time as amended from time to time.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) Headings are inserted for
 convenience only and do not affect the interpretation of these Articles, unless there is ambiguity.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) If a day on which any act,
 matter or thing is to be done under these Articles is not a Business Day, the act, matter or thing must be done on the next Business
 Day.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) A word which denotes the
 singular also denotes the plural, a word which denotes the plural also denotes the singular, and a reference to any gender also denotes
 the other genders.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e) A reference to a person
 includes, as appropriate, a company, trust, partnership, joint venture, association, body corporate or government agency.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(f) Where a word or phrase
 is given a defined meaning another part of speech or grammatical form in respect to that word or phrase has a corresponding meaning.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(g) All references to time
 are to be calculated by reference to time in the place where the Company's registered office is located.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(h) The words written and in
 writing include all modes of representing or reproducing words in a visible form, but do not include an Electronic Record where the
 distinction between a document in writing and an Electronic Record is expressed or implied.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) The words including, include
 and in particular or any similar expression are to be construed without limitation.

**Exclusion of Table A Articles**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.3 The regulations contained
 in Table A in the First Schedule of the Act and any other regulations contained in any statute or subordinate legislation are expressly
 excluded and do not apply to the Company.

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| | |
|:---|:---|
| **2** | **Shares** |

---

**Power to issue Shares and options, with or without special rights**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.1 Subject to the provisions
 of the Act and these Articles and, where applicable, the rules of the Designated Stock Exchange and/or any competent regulatory authority,
 and without prejudice to any rights attached to any existing Shares, the directors have general and unconditional authority to allot
 (with or without confirming rights of renunciation), issue, grant options over or otherwise deal with any unissued Shares of the
 Company to such persons, at such times and on such terms and conditions as they may decide, save that the directors may not allot,
 issue, grant options over or otherwise deal with any unissued Shares to the extent that it may affect the ability of the Company
 to carry out a Class B Share Conversion described at Article 36. No Share may be issued at a discount except in accordance with the
 provisions of the Act.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.2 Without limitation to the
 preceding Article, the directors may so deal with the unissued Shares of the Company:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) either at a premium or
 at par;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) with or without preferred,
 deferred or other special rights or restrictions whether in regard to dividend, voting, return of capital or otherwise.

Notwithstanding the above, following an IPO and prior to a Business Combination, the Company may not issue additional Shares that would entitle the holders thereof to (a) receive funds from the Trust Account or (b) vote as a class with our Public Shares (i) on any Business Combination or on any other proposal presented to shareholders prior to or in connection with the completion of any Business Combination or (ii) to approve an amendment to these Articles to (x) extend the time we have to consummate a Business Combination or (y) amend the foregoing provisions of this Article.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.3 The Company may issue rights,
 options, warrants or convertible securities or securities of similar nature conferring the right upon the holders thereof to subscribe
 for, purchase or receive any class of Shares or other securities in the Company at such times and on such terms and conditions as
 the directors may decide.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.4 The Company may issue units
 of securities in the Company, which may be comprised of Shares, rights, options, warrants or convertible securities or securities
 of similar nature conferring the right upon the holders thereof to subscribe for, purchase or receive any class of Shares or other
 securities in the Company, on such terms and conditions as the directors may decide. The securities comprising any such units which
 are issued pursuant to the IPO can only be traded separately from one another on the 52nd day following the date of the prospectus
 relating to the IPO unless the managing Underwriter determines that an earlier date is acceptable, subject to the Company having
 filed a current report on Form 8-K containing an audited balance sheet reflecting the Company's receipt of the gross proceeds
 of the IPO with the SEC and a press release announcing when such separate trading will begin. Prior to such date, the units can be
 traded, but the securities comprising such units cannot be traded separately from one another.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.5 Each Share in the Company
 confers upon the Member:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) subject to Article 34,
 the right to one vote at a meeting of the Members of the Company or on any resolution of Members;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) the right to be redeemed
 on an Automatic Redemption Event in accordance with Article 37.2 or pursuant to either a Tender Redemption Offer or Redemption Offer
 in accordance with Article 37.5 or pursuant to an Amendment Redemption Event in accordance with Article 37.11;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) a pro rata right in any
 dividend paid by the Company; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) subject to satisfaction
 of and compliance with Article 37, a pro rata right in the distribution of the surplus assets of the Company on its liquidation provided
 that in the event that the Company enters liquidation prior to or without having consummated a Business Combination then, in such
 circumstances, in the event any surplus assets (**Residual Assets**) of the Company remain following the Company having complied
 with its applicable obligations to redeem Public Shares and distribute the funds held in the Trust Account in respect of such redemptions
 pursuant to Article 37, the Public Shares shall not have any right to receive any share of those Residual Assets which are held outside
 the Trust Account and such Residual Assets shall be distributed (on a pro rata basis) only in respect of those Shares that are not
 Public Shares.

**Power to issue fractions of a Share**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.6 Subject to the Act, the
 Company may, but shall not otherwise be obliged to, issue fractions of a Share of any class or round up or down fractional holdings
 of Shares to its nearest whole number. A fraction of a Share shall be subject to and carry the corresponding fraction of liabilities
 (whether with respect to calls or otherwise), limitations, preferences, privileges, qualifications, restrictions, rights and other
 attributes of a Share of that class of Shares.

**Power to pay commissions and brokerage fees**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.7 The Company may, in so
 far as the Act permits, pay a commission to any person in consideration of that person:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) subscribing or agreeing
 to subscribe, whether absolutely or conditionally; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) procuring or agreeing to
 procure subscriptions, whether absolute or conditional

for any Shares in the Company. That commission may be satisfied by the payment of cash or the allotment of Fully Paid or partly-paid Shares or partly in one way and partly in another.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.8 The Company may employ
 a broker in the issue of its capital and pay him any proper commission or brokerage.

**Trusts not recognised**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.9 Except as required by Applicable
 Law:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) the Company shall not be
 bound by or compelled to recognise in any way (even when notified) any equitable, contingent, future or partial interest in any Share,
 or (except only as is otherwise provided by the Articles) any other rights in respect of any Share other than an absolute right to
 the entirety thereof in the holder; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) no person other than the
 Member shall be recognised by the Company as having any right in a Share.

**Power to vary class rights**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.10 If the share capital is
 divided into different classes of Shares then, unless the terms on which a class of Shares was issued state otherwise, the rights
 attaching to a class of Shares may only be varied if one of the following applies:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) the Members holding two
 thirds of the issued Shares of that class consent in writing to the variation; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) the variation is made with
 the sanction of a Special Resolution passed at a separate general meeting of the Members holding the issued Shares of that class.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.11 For the purpose of paragraph
 (b) of the preceding Article, all the provisions of these Articles relating to general meetings apply, *mutatis mutandis*, to
 every such separate meeting except that:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) the necessary quorum shall
 be one or more persons holding, or representing by proxy, not less than one third of the issued Shares of the class; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) any Member holding issued
 Shares of the class, present in person or by proxy or, in the case of a corporate Member, by its duly authorised representative,
 may demand a poll.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.12 Notwithstanding Article
 2.10, unless the proposed variation is for the purposes of approving, or in conjunction with, the consummation of a Business Combination,
 prior to a Business Combination but subject always to the limitations set out in Article 34 in respect of amendments to the Memorandum
 and Articles, the rights attached to the Shares as specified in Article 2.5 may only, whether or not the Company is being wound up,
 be varied by a Special Resolution, and any such variation that has to be approved under this Article shall also be subject to compliance
 with Article 37.11.

**Effect of new Share issue on existing class rights**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.13 Unless the terms on which
 a class of Shares was issued state otherwise, the rights conferred on the Member holding Shares of any class shall not be deemed
 to be varied by the creation or issue of further Shares ranking *pari passu* with the existing Shares of that class.

**Capital contributions without issue of further Shares**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.14 With the consent of a Member,
 the directors may accept a voluntary contribution to the capital of the Company from that Member without issuing Shares in consideration
 for that contribution. In that event, the contribution shall be dealt with in the following manner:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) It shall be treated as
 if it were a share premium.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) Unless the Member agrees
 otherwise:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) if the Member holds Shares
 in a single class of Shares - it shall be credited to the share premium account for that class of Shares;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) if the Member holds Shares
 of more than one class - it shall be credited rateably to the share premium accounts for those classes of Shares (in the proportion
 that the sum of the issue prices for each class of Shares that the Member holds bears to the total issue prices for all classes of
 Shares that the Member holds).

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) It shall be subject to
 the provisions of the Act and these Articles applicable to share premiums.

**No bearer Shares or warrants**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.15 The Company shall not issue
 Shares or warrants to bearers.

**Treasury Shares**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.16 Shares that the Company
 purchases, redeems or acquires by way of surrender in accordance with the Act shall be held as Treasury Shares and not treated as
 cancelled if:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) the directors so determine
 prior to the purchase, redemption or surrender of those shares; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) the relevant provisions
 of the Memorandum and Articles and the Act are otherwise complied with.

**Rights attaching to Treasury Shares and related matters**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.17 No dividend may be declared
 or paid, and no other distribution (whether in cash or otherwise) of the Company's assets (including any distribution of assets
 to members on a winding up) may be made to the Company in respect of a Treasury Share.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.18 The Company shall be entered
 in the Register as the holder of the Treasury Shares. However:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) the Company shall not be
 treated as a member for any purpose and shall not exercise any right in respect of the Treasury Shares, and any purported exercise
 of such a right shall be void;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) a Treasury Share shall
 not be voted, directly or indirectly, at any meeting of the Company and shall not be counted in determining the total number of issued
 shares at any given time, whether for the purposes of these Articles or the Act.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.19 Nothing in the preceding
 Article prevents an allotment of Shares as fully paid bonus shares in respect of a Treasury Share and Shares allotted as fully paid
 bonus shares in respect of a Treasury Share shall be treated as Treasury Shares.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.20 Treasury Shares may be
 disposed of by the Company in accordance with the Act and otherwise on such terms and conditions as the directors determine.

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| | |
|:---|:---|
| **3** | **Register of Members** |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.1 The Company shall maintain
 or cause to be maintained the Register of Members in accordance with the Act.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.2 The directors may determine
 that the Company shall maintain one or more branch registers of Members in accordance with the Act. The directors may also determine
 which Register of Members shall constitute the principal register and which shall constitute the branch register or registers, and
 to vary such determination from time to time.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.3 The title to Public Shares
 may be evidenced and transferred in accordance with the laws applicable to the rules and regulations of the Designated Stock Exchange
 and, for these purposes, the Register of Members may be maintained in accordance with Article 40B of the Act.

---

| | |
|:---|:---|
| **4** | **Share certificates** |

---

**Issue of share certificates**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.1 A Member shall only be
 entitled to a share certificate if the directors resolve that share certificates shall be issued. Share certificates representing
 Shares, if any, shall be in such form as the directors may determine. If the directors resolve that share certificates shall be issued,
 upon being entered in the register of Members as the holder of a Share, the directors may issue to any Member:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) without payment, to one
 certificate for all the Shares of each class held by that Member (and, upon transferring a part of the Member's holding of
 Shares of any class, to a certificate for the balance of that holding); and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) upon payment of such reasonable
 sum as the directors may determine for every certificate after the first, to several certificates each for one or more of that Member's
 Shares.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.2 Every certificate shall
 specify the number, class and distinguishing numbers (if any) of the Shares to which it relates and whether they are Fully Paid or
 partly paid up. A certificate may be executed under seal or executed in such other manner as the directors determine. All certificates
 surrendered to the Company for transfer shall be cancelled and, subject to the Articles, no new certificate shall be issued until
 the former certificate representing the same number of relevant Shares shall have been surrendered and cancelled.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.3 Every certificate shall
 bear legends required under the Applicable Laws.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.4 The Company shall not be
 bound to issue more than one certificate for Shares held jointly by several persons and delivery of a certificate for a Share to
 one joint holder shall be a sufficient delivery to all of them.

**Renewal of lost or damaged share certificates**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.5 If a share certificate
 is defaced, worn-out, lost or destroyed, it may be renewed on such terms (if any) as to:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) evidence;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) indemnity;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) payment of the expenses
 reasonably incurred by the Company in investigating the evidence; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) payment of a reasonable
 fee, if any, for issuing a replacement share certificate

as the directors may determine, and (in the case of defacement or wearing-out) on delivery to the Company of the old certificate. The Company will not be responsible for any share certificate lost or delayed in the course of delivery. Share certificates shall be issued within the relevant time limit as prescribed by the Statute, if applicable, or as the rules and regulations of the Designated Stock Exchange, the SEC and/or any other competent regulatory authority or otherwise under Applicable Law may from time to time determine, whichever is shorter, after the allotment or, except in the case of a Share transfer which the Company is for the time being entitled to refuse to register and does not register, after lodgement of an instrument of transfer with the Company.

---

| | |
|:---|:---|
| **5** | **Lien on Shares** |

---

**Nature and scope of lien**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.1 The Company has a first
 and paramount lien on all Shares (whether Fully Paid or not) registered in the name of a Member (whether solely or jointly with others).
 The lien is for all moneys payable to the Company by the Member or the Member's estate:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) either alone or jointly
 with any other person, whether or not that other person is a Member; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) whether or not those moneys
 are presently payable.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.2 At any time the directors
 may declare any Share to be wholly or partly exempt from the provisions of this Article.

**Company may sell Shares to satisfy lien**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.3 The Company may sell any
 Shares over which it has a lien if all of the following conditions are met:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) the sum in respect of which
 the lien exists is presently payable;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) the Company gives notice
 to the Member holding the Share (or to the person entitled to it in consequence of the death or bankruptcy of that Member) demanding
 payment and stating that if the notice is not complied with the Shares may be sold; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) that sum is not paid within
 14 Clear Days after that notice is deemed to be given under these Articles.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.4 The Shares may be sold
 in such manner as the directors determine.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.5 To the maximum extent permitted
 by Applicable Law, the directors shall incur no personal liability to the Member concerned in respect of the sale.

**Authority to execute instrument of transfer**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.6 To give effect to a sale,
 the directors may authorise any person to execute an instrument of transfer of the Shares sold to, or in accordance with the directions
 of, the purchaser. The title of the transferee of the Shares shall not be affected by any irregularity or invalidity in the proceedings
 in respect of the sale.

**Consequences of sale of Shares to satisfy lien**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.7 On sale pursuant to the
 preceding Articles:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) the name of the Member
 concerned shall be removed from the Register of Members as the holder of those Shares; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) that person shall deliver
 to the Company for cancellation the certificate for those Shares.

Despite this, that person shall remain liable to the Company for all monies which, at the date of sale, were presently payable by him to the Company in respect of those Shares. That person shall also be liable to pay interest on those monies from the date of sale until payment at the rate at which interest was payable before that sale or, failing that, at the Default Rate. The directors may waive payment wholly or in part or enforce payment without any allowance for the value of the Shares at the time of sale or for any consideration received on their disposal.

**Application of proceeds of sale**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.8 The net proceeds of the
 sale, after payment of the costs, shall be applied in payment of so much of the sum for which the lien exists as is presently payable.
 Any residue shall be paid to the person whose Shares have been sold:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) if no certificate for the
 Shares was issued, at the date of the sale; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) if a certificate for the
 Shares was issued, upon surrender to the Company of that certificate for cancellation

but, in either case, subject to the Company retaining a like lien for all sums not presently payable as existed on the Shares before the sale.

---

| | |
|:---|:---|
| **6** | **Calls on Shares and forfeiture** |

---

**Power to make calls and effect of calls**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.1 Subject to the terms of
 allotment, the directors may make calls on the Members in respect of any moneys unpaid on their Shares including any premium. The
 call may provide for payment to be by instalments. Subject to receiving at least 14 Clear Days' notice specifying when and
 where payment is to be made, each Member shall pay to the Company the amount called on his Shares as required by the notice.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.2 Before receipt by the Company
 of any sum due under a call, that call may be revoked in whole or in part and payment of a call may be postponed in whole or in part.
 Where a call is to be paid in instalments, the Company may revoke the call in respect of all or any remaining instalments in whole
 or in part and may postpone payment of all or any of the remaining instalments in whole or in part.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.3 A Member on whom a call
 is made shall remain liable for that call notwithstanding the subsequent transfer of the Shares in respect of which the call was
 made. A person shall not be liable for calls made after such person is no longer registered as Member in respect of those Shares.

**Time when call made**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.4 A call shall be deemed
 to have been made at the time when the resolution of the directors authorising the call was passed.

**Liability of joint holders**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.5 Members registered as the
 joint holders of a Share shall be jointly and severally liable to pay all calls in respect of the Share.

**Interest on unpaid calls**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.6 If a call remains unpaid
 after it has become due and payable the person from whom it is due and payable shall pay interest on the amount unpaid from the day
 it became due and payable until it is paid:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) at the rate fixed by the
 terms of allotment of the Share or in the notice of the call; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) if no rate is fixed, at
 the Default Rate.

The directors may waive payment of the interest wholly or in part.

**Deemed calls**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.7 Any amount payable in respect
 of a Share, whether on allotment or on a fixed date or otherwise, shall be deemed to be payable as a call. If the amount is not paid
 when due the provisions of these Articles shall apply as if the amount had become due and payable by virtue of a call.

**Power to accept early payment**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.8 The Company may accept
 from a Member the whole or a part of the amount remaining unpaid on Shares held by him although no part of that amount has been called
 up.

**Power to make different arrangements at time of issue of Shares**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.9 Subject to the terms of
 allotment, the directors may make arrangements on the issue of Shares to distinguish between Members in the amounts and times of
 payment of calls on their Shares.

**Notice of default**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.10 If a call remains unpaid
 after it has become due and payable the directors may give to the person from whom it is due not less than 14 Clear Days' notice
 requiring payment of:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) the amount unpaid;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) any interest which may
 have accrued;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) any expenses which have
 been incurred by the Company due to that person's default.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.11 The notice shall state
 the following:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) the place where payment
 is to be made; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) a warning that if the notice
 is not complied with the Shares in respect of which the call is made will be liable to be forfeited.

**Forfeiture or surrender of Shares**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.12 If the notice under the
 preceding Article is not complied with, the directors may, before the payment required by the notice has been received, resolve that
 any Share the subject of that notice be forfeited. The forfeiture shall include all dividends or other moneys payable in respect
 of the forfeited Share and not paid before the forfeiture. Despite the foregoing, the directors may determine that any Share the
 subject of that notice be accepted by the Company as surrendered by the Member holding that Share in lieu of forfeiture.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.13 The directors may accept
 the surrender for no consideration of any Fully Paid Share.

**Disposal of forfeited or surrendered Share and power to cancel forfeiture or surrender**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.14 A forfeited or surrendered
 Share may be sold, re-allotted or otherwise disposed of on such terms and in such manner as the directors determine either to the
 former Member who held that Share or to any other person. The forfeiture or surrender may be cancelled on such terms as the directors
 think fit at any time before a sale, re-allotment or other disposition. Where, for the purposes of its disposal, a forfeited or surrendered
 Share is to be transferred to any person, the directors may authorise some person to execute an instrument of transfer of the Share
 to the transferee.

**Effect of forfeiture or surrender on former Member**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.15 On forfeiture or surrender:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) the name of the Member
 concerned shall be removed from the Register of Members as the holder of those Shares and that person shall cease to be a Member
 in respect of those Shares; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) that person shall surrender
 to the Company for cancellation the certificate (if any) for the forfeited or surrendered Shares.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.16 Despite the forfeiture
 or surrender of his Shares, that person shall remain liable to the Company for all moneys which at the date of forfeiture or surrender
 were presently payable by him to the Company in respect of those Shares together with:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) all expenses; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) interest from the date
 of forfeiture or surrender until payment:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) at the rate of which interest
 was payable on those moneys before forfeiture; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) if no interest was so payable,
 at the Default Rate.

The directors, however, may waive payment wholly or in part.

**Evidence of forfeiture or surrender**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.17 A declaration, whether
 statutory or under oath, made by a director or the Secretary shall be conclusive evidence of the following matters stated in it as
 against all persons claiming to be entitled to forfeited Shares:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) that the person making
 the declaration is a director or Secretary of the Company, and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) that the particular Shares
 have been forfeited or surrendered on a particular date.

Subject to the execution of an instrument of transfer, if necessary, the declaration shall constitute good title to the Shares.

**Sale of forfeited or surrendered Shares**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.18 Any person to whom the
 forfeited or surrendered Shares are disposed of shall not be bound to see to the application of the consideration, if any, of those
 Shares nor shall his title to the Shares be affected by any irregularity in, or invalidity of the proceedings in respect of, the
 forfeiture, surrender or disposal of those Shares.

---

| | |
|:---|:---|
| **7** | **Transfer of Shares** |

---

**Form of transfer**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.1 Subject to the following
 Articles about the transfer of Shares, and provided that such transfer complies with applicable rules of the SEC, the Designated
 Stock Exchange and federal and state securities laws of the United States, a Member may transfer Shares to another person by completing
 an instrument of transfer in a common form or in a form prescribed by the Designated Stock Exchange, the SEC and/or any other competent
 regulatory authority or otherwise under Applicable Law or in any other form approved by the directors, executed:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) where the Shares are Fully
 Paid, by or on behalf of that Member; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) where the Shares are partly
 paid, by or on behalf of that Member and the transferee.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.2 The transferor shall be
 deemed to remain the holder of a Share until the name of the transferee is entered into the Register of Members.

**Power to refuse registration**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.3 If the Shares in question
 were issued in conjunction with rights, options or warrants issued pursuant to Article 2.4 on terms that one cannot be transferred
 without the other, the directors shall refuse to register the transfer of any such Share without evidence satisfactory to them of
 the like transfer of such option or warrant.

**Power to suspend registration**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.4 The directors may suspend
 registration of the transfer of Shares at such times and for such periods, not exceeding 30 days in any calendar year, as they determine.

**Company may retain instrument of transfer**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.5 The Company shall be entitled
 to retain any instrument of transfer which is registered; but an instrument of transfer which the directors refuse to register shall
 be returned to the person lodging it when notice of the refusal is given.

---

| | |
|:---|:---|
| **8** | **Transmission of Shares** |

---

**Persons entitled on death of a Member**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.1 If a Member dies, the only
 persons recognised by the Company as having any title to the deceased Members' interest are the following:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) where the deceased Member
 was a joint holder, the survivor or survivors; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) where the deceased Member
 was a sole holder, that Member's personal representative or representatives.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.2 Nothing in these Articles
 shall release the deceased Member's estate from any liability in respect of any Share, whether the deceased was a sole holder
 or a joint holder.

**Registration of transfer of a Share following death or bankruptcy**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.3 A person becoming entitled
 to a Share in consequence of the death or bankruptcy of a Member may elect to do either of the following:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) to become the holder of
 the Share; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) to transfer the Share to
 another person.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.4 That person must produce
 such evidence of his entitlement as the directors may properly require.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.5 If the person elects to
 become the holder of the Share, he must give notice to the Company to that effect. For the purposes of these Articles, that notice
 shall be treated as though it were an executed instrument of transfer.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.6 If the person elects to
 transfer the Share to another person then:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) if the Share is Fully Paid,
 the transferor must execute an instrument of transfer; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) if the Share is partly
 paid, the transferor and the transferee must execute an instrument of transfer.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.7 All the Articles relating
 to the transfer of Shares shall apply to the notice or, as appropriate, the instrument of transfer.

**Indemnity**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.8 A person registered as
 a Member by reason of the death or bankruptcy of another Member shall indemnify the Company and the directors against any loss or
 damage suffered by the Company or the directors as a result of that registration.

**Rights of person entitled to a Share following death or bankruptcy**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.9 A person becoming entitled
 to a Share by reason of the death or bankruptcy of a Member shall have the rights to which he would be entitled if he were registered
 as the holder of the Share. However, until he is registered as Member in respect of the Share, he shall not be entitled to attend
 or vote at any meeting of the Company or at any separate meeting of the holders of that class of Shares in the Company.

---

| | |
|:---|:---|
| **9** | **Alteration of capital** |

---

**Increasing, consolidating, converting, dividing and cancelling share capital**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.1 To the fullest extent permitted
 by the Act, the Company may by Ordinary Resolution do any of the following and amend its Memorandum for that purpose:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) increase its share capital
 by new Shares of the amount fixed by that Ordinary Resolution and with the attached rights, priorities and privileges set out in
 that Ordinary Resolution;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) consolidate and divide
 all or any of its share capital into Shares of larger amount than its existing Shares;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) convert all or any of its
 Paid Up Shares into stock, and reconvert that stock into Paid Up Shares of any denomination;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) sub-divide its Shares or
 any of them into Shares of an amount smaller than that fixed by the Memorandum, so, however, that in the sub-division, the proportion
 between the amount paid and the amount, if any, unpaid on each reduced Share shall be the same as it was in case of the Share from
 which the reduced Share is derived; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e) cancel Shares which, at
 the date of the passing of that Ordinary Resolution, have not been taken or agreed to be taken by any person, and diminish the amount
 of its share capital by the amount of the Shares so cancelled or, in the case of Shares without nominal par value, diminish the number
 of Shares into which its capital is divided.

**Dealing with fractions resulting from consolidation of Shares**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.2 Whenever, as a result of
 a consolidation of Shares, any Members would become entitled to fractions of a Share the directors may on behalf of those Members:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) sell the Shares representing
 the fractions for the best price reasonably obtainable to any person (including, subject to the provisions of the Act, the Company);
 and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) distribute the net proceeds
 in due proportion among those Members.

For that purpose, the directors may authorise some person to execute an instrument of transfer of the Shares to, or in accordance with the directions of, the purchaser. The transferee shall not be bound to see to the application of the purchase money nor shall the transferee's title to the Shares be affected by any irregularity in, or invalidity of, the proceedings in respect of the sale.

**Reducing share capital**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.3 Subject to the Act and
 to any rights for the time being conferred on the Members holding a particular class of Shares, the Company may, by Special Resolution,
 reduce its share capital in any way.

---

| | |
|:---|:---|
| **10** | **Redemption and purchase of own Shares** |

---

**Power to issue redeemable Shares and to purchase own Shares**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10.1 Subject to the Act and
 Article 37, and to any rights for the time being conferred on the Members holding a particular class of Shares, and, where applicable,
 the rules of the Designated Stock Exchange and/or any competent regulatory authority, the Company may by its directors:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) issue Shares that are to
 be redeemed or liable to be redeemed, at the option of the Company or the Member holding those redeemable Shares, on the terms and
 in the manner its directors determine before the issue of those Shares;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) with the consent by Special
 Resolution of the Members holding Shares of a particular class, vary the rights attaching to that class of Shares so as to provide
 that those Shares are to be redeemed or are liable to be redeemed at the option of the Company on the terms and in the manner which
 the directors determine at the time of such variation; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) purchase all or any of
 its own Shares of any class including any redeemable Shares on the terms and in the manner which the directors determine at the time
 of such purchase.

The Company may make a payment in respect of the redemption or purchase of its own Shares in any manner authorised by the Act, including out of any combination of the following: capital, its profits and the proceeds of a fresh issue of Shares.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10.2 With respect to redeeming
 or repurchasing the Shares:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) Members who hold Public
 Shares are entitled to request the redemption of such Shares in the circumstances described in Article 37.5;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) Class B Shares held by
 the Sponsor shall, following consummation of the IPO, be surrendered by the Sponsor on a pro rata basis for no consideration to the
 extent that the Over-Allotment Option is not exercised in full so that the Class B Shares will at all times represent 20% of the
 Company's issued Shares after the IPO; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) Public Shares shall be
 repurchased by way of tender offer in the circumstances set out in Article 37.5.

**Power to pay for redemption or purchase in cash or in specie**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10.3 When making a payment in
 respect of the redemption or purchase of Shares, the directors may make the payment in cash or in specie (or partly in one and partly
 in the other) if so authorised by the terms of the allotment of those Shares, or by the terms applying to those Shares in accordance
 with Article 10.1, or otherwise by agreement with the Member holding those Shares.

**Effect of redemption or purchase of a Share**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10.4 Upon the date of redemption
 or purchase of a Share:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) the Member holding that
 Share shall cease to be entitled to any rights in respect of the Share other than the right to receive:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) the price for the Share;
 and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) any dividend declared in
 respect of the Share prior to the date of redemption or purchase;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) the Member's name
 shall be removed from the Register of Members with respect to the Share; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e) the Share shall be cancelled
 or held as a Treasury Shares, as the directors may determine.

For the purpose of this Article, the date of redemption or purchase is the date when the redemption or purchase falls due.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10.5 For the avoidance of doubt,
 redemptions and repurchases of Shares in the circumstances described in Articles 10.2(a), 10.2(b) and 10.2(c) above shall not require
 further approval of the Members.

---

| | |
|:---|:---|
| **11** | **Meetings of Members** |

---

**Power to call meetings**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11.1 To the extent required
 by the Designated Stock Exchange, an annual general meeting of the Company shall be held no later than one year after the first financial
 year end occurring after the IPO, and shall be held in each year thereafter at such time as determined by the directors and the Company
 may, but shall not (unless required by the Act or the rules and regulations of the Designated Stock Exchange) be obliged to, in each
 year hold any other general meeting.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11.2 The agenda of the annual
 general meeting shall be set by the directors and shall include the presentation of the Company's annual accounts and the report
 of the directors (if any).

11.3 Annual general meetings
 shall be held in New York, USA or in such other places as the directors may determine.

11.4 All general meetings other
 than annual general meetings shall be called extraordinary general meetings and the Company shall specify the meeting as such in
 the notices calling it.

11.5 The directors may call
 a general meeting at any time.

11.6 If there are insufficient
 directors to constitute a quorum and the remaining directors are unable to agree on the appointment of additional directors, the
 directors must call a general meeting for the purpose of appointing additional directors.

11.7 The directors must also
 call a general meeting if requisitioned in the manner set out in the next two Articles.

11.8 The requisition must be
 in writing and given by one or more Members who together hold at least 10% of the rights to vote at such general meeting.

11.9 The requisition must also:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) specify the purpose of
 the meeting.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) be signed by or on behalf
 of each requisitioner (and for this purpose each joint holder shall be obliged to sign). The requisition may consist of several documents
 in like form signed by one or more of the requisitioners.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) be delivered in accordance
 with the notice provisions.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11.10 Should the directors fail
 to call a general meeting within 21 Clear Days from the date of receipt of a requisition, the requisitioners or any of them may call
 a general meeting within three months after the end of that period.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11.11 Without limitation to the
 foregoing, if there are insufficient directors to constitute a quorum and the remaining directors are unable to agree on the appointment
 of additional directors, any one or more Members who together hold at least 10% of the rights to vote at a general meeting may call
 a general meeting for the purpose of considering the business specified in the notice of meeting which shall include as an item of
 business the appointment of additional directors.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11.12 Members seeking to bring
 business before the annual general meeting or to nominate candidates for election as Directors at the annual general meeting must
 deliver notice to the principal executive offices of the Company not later than the close of business on the 90th day nor earlier
 than the close of business on the 120th day prior to the scheduled date of the annual general meeting.

**Content of notice**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11.13 Notice of a general meeting
 shall specify each of the following:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) the place, the date and
 the hour of the meeting;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) if the meeting is to be
 held in two or more places, the technology that will be used to facilitate the meeting;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) subject to paragraph (d),
 the general nature of the business to be transacted; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) if a resolution is proposed
 as a Special Resolution, the text of that resolution.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11.14 In each notice there shall
 appear with reasonable prominence the following statements:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) that a Member who is entitled
 to attend and vote is entitled to appoint one or more proxies to attend and vote instead of that Member; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) that a proxyholder need
 not be a Member.

**Period of notice**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11.15 At least five Clear Days'
 notice of a general meeting must be given to Members, provided that a general meeting of the Company shall, whether or not the notice
 specified in this Article has been given and whether or not the provisions of the Articles regarding general meetings have been complied
 with, be deemed to have been duly convened if it is so agreed:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) in the case of an annual
 general meeting, by all of the Members entitled to attend and vote thereat; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) in the case of an extraordinary
 general meeting, by a majority in number of the Members having a right to attend and vote at the meeting, together holding not less
 than 95% in par value of the Shares giving that right.

**Persons entitled to receive notice**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11.16 Subject to the provisions
 of these Articles and to any restrictions imposed on any Shares, the notice shall be given to the following people:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) the Members;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) persons entitled to a Share
 in consequence of the death or bankruptcy of a Member; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) the directors.

**Publication of notice on a website**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11.17 Subject to the Act or the
 rules of the Designated Stock Exchange, a notice of a general meeting may be published on a website providing the recipient is given
 separate notice of:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) the publication of the
 notice on the website;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) the place on the website
 where the notice may be accessed;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) how it may be accessed;
 and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) the place, date and time
 of the general meeting.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11.18 If a Member notifies the
 Company that he is unable for any reason to access the website, the Company must as soon as practicable give notice of the meeting
 to that Member by any other means permitted by these Articles. This will not affect when that Member is deemed to have received notice
 of the meeting.

**Time a website notice is deemed to be given**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11.19 A website notice is deemed
 to be given when the Member is given notice of its publication.

**Required duration of publication on a website**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11.20 Where the notice of meeting
 is published on a website, it shall continue to be published in the same place on that website from the date of the notification
 until at least the conclusion of the meeting to which the notice relates.

**Accidental omission to give notice or non-receipt of notice**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11.21 Proceedings at a meeting
 shall not be invalidated by the following:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) an accidental failure to
 give notice of the meeting to any person entitled to notice; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) non-receipt of notice of
 the meeting by any person entitled to notice.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11.22 In addition, where a notice
 of meeting is published on a website, proceedings at the meeting shall not be invalidated merely because it is accidentally published:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) in a different place on
 the website; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) for part only of the period
 from the date of the notification until the conclusion of the meeting to which the notice relates.

---

| | |
|:---|:---|
| **12** | **Proceedings at meetings of Members** |

---

**Quorum**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12.1 Save as provided in the
 following Article, no business shall be transacted at any meeting unless a quorum is present in person or by proxy. One or more Members
 who together hold not less than a majority of the issued and outstanding Shares entitled to attend and vote at such meeting being
 individuals present in person or by proxy or if a corporation or other non-natural person by its duly authorised representative or
 proxy shall be a quorum.

**Lack of quorum**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12.2 If a quorum is not present
 within 15 minutes of the time appointed for the meeting, or if at any time during the meeting it becomes inquorate, then the following
 provisions apply:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) If the meeting was requisitioned
 by Members, it shall be cancelled.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) In any other case, the
 meeting shall stand adjourned to the same time and place seven days hence, or to such other time or place as is determined by the
 directors. If a quorum is not present within 15 minutes of the time appointed for the adjourned meeting, then the meeting shall be
 dissolved.

**Use of technology**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12.3 A person may participate
 in a general meeting through the medium of conference telephone, video or any other form of communications equipment providing all
 persons participating in the meeting are able to hear and speak to each other throughout the meeting. A person participating in this
 way is deemed to be present in person at the meeting.

**Chairman**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12.4 The chairman of a general
 meeting shall be the chairman of the board or such other director as the directors have nominated to chair board meetings in the
 absence of the chairman of the board. Absent any such person being present within 15 minutes of the time appointed for the meeting,
 the directors present shall elect one of their number to chair the meeting.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12.5 If no director is present
 within 15 minutes of the time appointed for the meeting, or if no director is willing to act as chairman, the Members present in
 person or by proxy and entitled to vote shall choose one of their number to chair the meeting.

**Right of a director to attend and speak**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12.6 Even if a director is not
 a Member, he shall be entitled to attend and speak at any general meeting and at any separate meeting of Members holding a particular
 class of Shares in the Company.

**Adjournment**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12.7 The chairman may at any
 time adjourn a meeting with the consent of the Members constituting a quorum. The chairman must adjourn the meeting if so directed
 by the meeting. No business, however, can be transacted at an adjourned meeting other than business which might properly have been
 transacted at the original meeting.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12.8 Should a meeting be adjourned
 for more than twenty Clear Days, whether because of a lack of quorum or otherwise, Members shall be given at least five Clear Days'
 notice of the date, time and place of the adjourned meeting and the general nature of the business to be transacted. Otherwise it
 shall not be necessary to give any notice of the adjournment.

**Method of voting**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12.9 A resolution put to the
 vote of the meeting shall be decided on a poll.

**Taking of a poll**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12.10 A poll demanded on the
 question of adjournment shall be taken immediately.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12.11 A poll demanded on any
 other question shall be taken either immediately or at an adjourned meeting at such time and place as the chairman directs, not being
 more than 30 Clear Days after the poll was demanded.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12.12 The demand for a poll shall
 not prevent the meeting continuing to transact any business other than the question on which the poll was demanded.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12.13 A poll shall be taken in
 such manner as the chairman directs. He may appoint scrutineers (who need not be Members) and fix a place and time for declaring
 the result of the poll. If, through the aid of technology, the meeting is held in more than place, the chairman may appoint scrutineers
 in more than place; but if he considers that the poll cannot be effectively monitored at that meeting, the chairman shall adjourn
 the holding of the poll to a date, place and time when that can occur.

**Chairman's casting vote**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12.14 If the votes on a resolution
 are equal, the chairman may if he wishes exercise a casting vote.

**Amendments to resolutions**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12.15 An Ordinary Resolution
 to be proposed at a general meeting may be amended by Ordinary Resolution if:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) not less than 48 hours
 before the meeting is to take place (or such later time as the chairman of the meeting may determine), notice of the proposed amendment
 is given to the Company in writing by a Member entitled to vote at that meeting; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) the proposed amendment
 does not, in the reasonable opinion of the chairman of the meeting, materially alter the scope of the resolution.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12.16 A Special Resolution to
 be proposed at a general meeting may be amended by Ordinary Resolution, if:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) the chairman of the meeting
 proposes the amendment at the general meeting at which the resolution is to be proposed, and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) the amendment does not
 go beyond what the chairman considers is necessary to correct a grammatical or other non-substantive error in the resolution.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12.17 If the chairman of the
 meeting, acting in good faith, wrongly decides that an amendment to a resolution is out of order, the chairman's error does
 not invalidate the vote on that resolution.

**Written resolutions**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12.18 Members may pass a resolution
 in writing without holding a meeting if the following conditions are met:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) all Members entitled so
 to vote are given notice of the resolution as if the same were being proposed at a meeting of Members;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) all Members entitled so
 to vote :

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) sign a document; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) sign several documents
 in the like form each signed by one or more of those Members; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) the signed document or
 documents is or are delivered to the Company, including, if the Company so nominates, by delivery of an Electronic Record by Electronic
 means to the address specified for that purpose.

Such written resolution shall be as effective as if it had been passed at a meeting of the Members entitled to vote duly convened and held.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12.19 If a written resolution
 is described as a Special Resolution or as an Ordinary Resolution, it has effect accordingly.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12.20 The directors may determine
 the manner in which written resolutions shall be put to Members. In particular, they may provide, in the form of any written resolution,
 for each Member to indicate, out of the number of votes the Member would have been entitled to cast at a meeting to consider the
 resolution, how many votes he wishes to cast in favour of the resolution and how many against the resolution or to be treated as
 abstentions. The result of any such written resolution shall be determined on the same basis as on a poll.

**Sole-member company**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12.21 If the Company has only
 one Member, and the Member records in writing his decision on a question, that record shall constitute both the passing of a resolution
 and the minute of it.

---

| | |
|:---|:---|
| **13** | **Voting rights of Members** |

---

**Right to vote**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13.1 Unless their Shares carry
 no right to vote, or unless a call or other amount presently payable has not been paid, all Members are entitled to vote at a general
 meeting, and all Members holding Shares of a particular class of Shares are entitled to vote at a meeting of the holders of that
 class of Shares.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13.2 Members may vote in person
 or by proxy.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13.3 Every Member shall have
 one vote for each Share he holds, unless any Share carries special voting rights.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13.4 A fraction of a Share shall
 entitle its holder to an equivalent fraction of one vote.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13.5 No Member is bound to vote
 on his Shares or any of them; nor is he bound to vote each of his Shares in the same way.

**Rights of joint holders**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13.6 If Shares are held jointly,
 only one of the joint holders may vote. If more than one of the joint holders tenders a vote, the vote of the holder whose name in
 respect of those Shares appears first in the Register of Members shall be accepted to the exclusion of the votes of the other joint
 holder.

**Representation of corporate Members**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13.7 Save where otherwise provided,
 a corporate Member must act by a duly authorised representative.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13.8 A corporate Member wishing
 to act by a duly authorised representative must identify that person to the Company by notice in writing.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13.9 The authorisation may be
 for any period of time, and must be delivered to the Company not less than two hours before the commencement of the meeting at which
 it is first used.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13.10 The directors of the Company
 may require the production of any evidence which they consider necessary to determine the validity of the notice.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13.11 Where a duly authorised
 representative is present at a meeting that Member is deemed to be present in person; and the acts of the duly authorised representative
 are personal acts of that Member.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13.12 A corporate Member may
 revoke the appointment of a duly authorised representative at any time by notice to the Company; but such revocation will not affect
 the validity of any acts carried out by the duly authorised representative before the directors of the Company had actual notice
 of the revocation.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13.13 If a clearing house (or
 its nominee(s)), being a corporation, is a Member, it may authorise such persons as it sees fit to act as its representative at any
 meeting of the Company or at any meeting of any class of Members provided that the authorisation shall specify the number and class
 of Shares in respect of which each such representative is so authorised. Each person so authorised under the provisions of this Article
 shall be deemed to have been duly authorised without further evidence of the facts and be entitled to exercise the same rights and
 powers on behalf of the clearing house (or its nominee(s)) as if such person was the registered holder of such Shares held by the
 clearing house (or its nominee(s)).

**Member with mental disorder**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13.14 A Member in respect of
 whom an order has been made by any court having jurisdiction (whether in the Cayman Islands or elsewhere) in matters concerning mental
 disorder may vote, by that Member's receiver, curator bonis or other person authorised in that behalf appointed by that court.

13.15 For
 the purpose of the preceding Article, evidence to the satisfaction of the directors of the
 authority of the person claiming to exercise the right to vote must be received not less
 than 24 hours before holding the relevant meeting or the adjourned meeting in any manner
 specified for the delivery of forms of appointment of a proxy, whether in writing or by Electronic
 means. In default, the right to vote shall not be exercisable.

**Objections to admissibility of votes**

13.16 An
 objection to the validity of a person's vote may only be raised at the meeting or at
 the adjourned meeting at which the vote is sought to be tendered. Any objection duly made
 shall be referred to the chairman whose decision shall be final and conclusive.

**Form of proxy**

13.17 An
 instrument appointing a proxy shall be in any common form or in any other form approved by
 the directors.

13.18 The
 instrument must be in writing and signed in one of the following ways:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) by
 the Member; or

(b) by
 the Member's authorised attorney; or

(c) if
 the Member is a corporation or other body corporate, under seal or signed by an authorised
 officer, secretary or attorney.

If the directors so resolve, the Company may accept an Electronic Record of that instrument delivered in the manner specified below and otherwise satisfying the Articles about authentication of Electronic Records.

13.19 The
 directors may require the production of any evidence which they consider necessary to determine
 the validity of any appointment of a proxy.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13.20 A
 Member may revoke the appointment of a proxy at any time by notice to the Company duly signed
 in accordance with the Article above about signing proxies; but such revocation will not
 affect the validity of any acts carried out by the proxy before the directors of the Company
 had actual notice of the revocation.

**How and when proxy is to be delivered**

13.21 Subject
 to the following Articles, the form of appointment of a proxy and any authority under which
 it is signed (or a copy of the authority certified notarially or in any other way approved
 by the directors) must be delivered so that it is received by the Company not less than 48
 hours before the time for holding the meeting or adjourned meeting at which the person named
 in the form of appointment of proxy proposes to vote. They must be delivered in either of
 the following ways:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) In
 the case of an instrument in writing, it must be left at or sent by post:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) to
 the registered office of the Company; or

(ii) to
 such other place specified in the notice convening the meeting or in any form of appointment
 of proxy sent out by the Company in relation to the meeting.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) If,
 pursuant to the notice provisions, a notice may be given to the Company in an Electronic
 Record, an Electronic Record of an appointment of a proxy must be sent to the address specified
 pursuant to those provisions unless another address for that purpose is specified:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) in
 the notice convening the meeting; or

(ii) in
 any form of appointment of a proxy sent out by the Company in relation to the meeting; or

(iii) in
 any invitation to appoint a proxy issued by the Company in relation to the meeting.

13.22 Where
 a poll is taken:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) if
 it is taken more than seven Clear Days after it is demanded, the form of appointment of a
 proxy and any accompanying authority (or an Electronic Record of the same) must be delivered
 as required under the preceding Article not less than 24 hours before the time appointed
 for the taking of the poll;

(b) but
 if it to be taken within seven Clear Days after it was demanded, the form of appointment
 of a proxy and any accompanying authority (or an Electronic Record of the same) must be e
 delivered as required under the preceding Article not less than two hours before the time
 appointed for the taking of the poll.

13.23 If
 the form of appointment of proxy is not delivered on time, it is invalid.

**Voting by proxy**

---

| | |
|:---|:---|
| 13.24 | A proxy shall have the same voting rights at a meeting or adjourned meeting as the Member would have had except to the extent that the instrument appointing him limits those rights. Notwithstanding the appointment of a proxy, a Member may attend and vote at a meeting or adjourned meeting. If a Member votes on any resolution a vote by his proxy on the same resolution, unless in respect of different Shares, shall be invalid. |
| **14** | **Number of directors** |

---

Unless otherwise determined by Ordinary Resolution, the minimum number of directors shall be one and there shall be no maximum.

---

| | |
|:---|:---|
| **15** | **Appointment, disqualification and removal of directors** |

---

**No age limit**

15.1 There
 is no age limit for directors save that they must be aged at least 18 years.

**Corporate directors**

15.2 Unless
 prohibited by law, a body corporate may be a director. If a body corporate is a director,
 the Articles about representation of corporate Members at general meetings apply, *mutatis mutandis*, to the Articles about directors' meetings.

**No shareholding qualification**

15.3 Unless
 a shareholding qualification for directors is fixed by Ordinary Resolution, no director shall
 be required to own Shares as a condition of his appointment.

**Appointment and removal of directors**

15.4 The
 directors shall be divided into three classes: Class I, Class II and Class III. The number
 of directors in each class shall be as nearly equal as possible. Immediately prior to the
 consummation of the IPO, the existing directors shall by resolution classify themselves as
 Class I, Class II or Class III directors. The Class I directors shall stand elected for a
 term expiring at the Company's first annual general meeting, the Class II directors
 shall stand elected for a term expiring at the Company's second annual general meeting
 and the Class III directors shall stand elected for a term expiring at the Company's
 third annual general meeting. Commencing at the Company's first annual general meeting,
 and at each annual general meeting thereafter, directors elected to succeed those directors
 whose terms expire shall be elected for a term of office to expire at the third succeeding
 annual general meeting after their election. All directors shall hold office until the expiration
 of their respective terms of office and until their successors shall have been elected and
 qualified.

15.5 Prior
 to the closing of a Business Combination, the Company may by Ordinary Resolution of the holders
 of the Class B Shares appoint any person to be a director or may by Ordinary Resolution of
 the holders of the Class B Shares remove any director. For the avoidance of doubt, prior
 to the closing of a Business Combination holders of Class A Shares shall have no right to
 vote on the appointment or removal of any director. Prior to the closing of a Business Combination,
 this Article may only be amended by a Special Resolution passed by holders representing at
 least 90% of the outstanding Class B Shares.

15.6 Subject
 to Article 15.4 and 15.5, the Company may by Ordinary Resolution appoint any person to be
 a director.

15.7 Subject
 to death, resignation or removal, and with the exception of those directors appointed prior
 to the first annual general meeting of the Company, each director shall serve a term of office
 that will expire at the third succeeding annual general meeting after their appointment or
 election.

15.8 A
 director may be removed from office with or without cause by:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) (following
 the consummation of the Business Combination but not at any time before) an Ordinary Resolution
 passed at a meeting of Members called for the purposes of removing the director or for purposes
 including the removal of the director; or

(b) subject
 to Article 15.4 and 15.5, a resolution of directors passed at a meeting of directors.

15.9 The
 directors shall have power at any time to appoint any person to be a director who:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) is
 recommended as a director nominee by a majority of the Independent Directors; and

(b) is
 willing to act as a director,

either to fill a vacancy or as an additional director. A director elected to fill a vacancy resulting from the death, resignation or removal of a director shall serve for the remainder of the full term of the director whose death, resignation or removal shall have created such vacancy and until his successor shall have been elected and qualified. For the avoidance of doubt, prior to the closing of a Business Combination, holders of Class A Shares shall have no right to vote on the appointment or removal of any director. After the closing of a Business Combination, the Company may by Ordinary Resolution appoint any person to be a director or may by Ordinary Resolution remove any director.

15.10 Notwithstanding
 the other provisions of these Articles, in any case where, as a result of death, the Company
 has no directors and no shareholders, the personal representatives of the last shareholder
 to have died have the power, by notice in writing to the Company, to appoint a person to
 be a director. For the purpose of this Article:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) where
 two or more shareholders die in circumstances rendering it uncertain who was the last to
 die, a younger shareholder is deemed to have survived an older shareholder;

(b) if
 the last shareholder died leaving a will which disposes of that shareholder's shares
 in the Company (whether by way of specific gift, as part of the residuary estate, or otherwise):

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) the
 expression personal representatives of the last shareholder means:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(A) until
 a grant of probate in respect of that will has been obtained from the Grand Court of the
 Cayman Islands, all of the executors named in that will who are living at the time the power
 of appointment under this Article is exercised; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(B) after
 such grant of probate has been obtained, only such of those executors who have proved that
 will;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) without
 derogating from section 3(1) of the Succession Act (Revised), the executors named in that
 will may exercise the power of appointment under this Article without first obtaining a grant
 of probate.

15.11 A
 remaining director may appoint a director even though there is not a quorum of directors.

15.12 No
 appointment can cause the number of directors to exceed the maximum; and any such appointment
 shall be invalid.

15.13 For
 so long as Shares are listed on a Designated Stock Exchange, the directors shall include
 at least such number of Independent Directors as Applicable Law or the rules and regulations
 of the Designated Stock Exchange require, subject to applicable phase-in rules of the Designated
 Stock Exchange.

**Resignation of directors**

15.14 A
 director may at any time resign office by giving to the Company notice in writing or, if
 permitted pursuant to the notice provisions, in an Electronic Record delivered in either
 case in accordance with those provisions.

15.15 Unless
 the notice specifies a different date, the director shall be deemed to have resigned on the
 date that the notice is delivered to the Company.

**Termination of the office of director**

15.16 A
 director's office shall be terminated forthwith if:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) he
 is prohibited by the law of the Cayman Islands from acting as a director; or

(b) he
 is made bankrupt or makes an arrangement or composition with his creditors generally; or

(c) in
 the opinion of a registered medical practitioner by whom he is being treated he becomes physically
 or mentally incapable of acting as a director; or

(d) he
 is made subject to any law relating to mental health or incompetence, whether by court order
 or otherwise;

(e) without
 the consent of the other directors, he is absent from meetings of directors for a continuous
 period of six months; or

(f) all
 of the other directors (being not less than two in number) determine that he should be removed
 as a director, either by a resolution passed by all of the other directors at a meeting of
 the directors duly convened and held in accordance with the Articles or by a resolution in
 writing signed by all of the other directors.

---

| | |
|:---|:---|
| **16** | **Alternate directors** |

---

**Appointment and removal**

Until the consummation of a Business Combination, a director may not appoint an alternate. Following the consummation of a Business Combination, Articles 16.2 to 16.5 inclusive shall apply.

Subject to Article 16.1, any director may appoint any other person, including another director, to act in his place as an alternate director. No appointment shall take effect until the director has given notice of the appointment to the other directors. Such notice must be given to each other director by either of the following methods:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) by
 notice in writing in accordance with the notice provisions;

(b) if
 the other director has an email address, by emailing to that address a scanned copy of the
 notice as a PDF attachment (the PDF version being deemed to be the notice unless Article
 31.7 applies), in which event notice shall be taken to be given on the date of receipt by
 the recipient in readable form. For the avoidance of doubt, the same email may be sent to
 the email address of more than one director (and to the email address of the Company pursuant
 to Article 16.4(c)).

16.1 Without
 limitation to the preceding Article, a director may appoint an alternate for a particular
 meeting by sending an email to his fellow directors informing them that they are to take
 such email as notice of such appointment for such meeting. Such appointment shall be effective
 without the need for a signed notice of appointment or the giving of notice to the Company
 in accordance with Article 16.4.

16.2 A
 director may revoke his appointment of an alternate at any time. No revocation shall take
 effect until the director has given notice of the revocation to the other directors. Such
 notice must be given by either of the methods specified in Article 16.2.

16.3 A
 notice of appointment or removal of an alternate director must also be given to the Company
 by any of the following methods:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) by
 notice in writing in accordance with the notice provisions;

(b) if
 the Company has a facsimile address for the time being, by sending by facsimile transmission
 to that facsimile address a facsimile copy or, otherwise, by sending by facsimile transmission
 to the facsimile address of the Company's registered office a facsimile copy (in either
 case, the facsimile copy being deemed to be the notice unless Article 31.7 applies), in which
 event notice shall be taken to be given on the date of an error-free transmission report
 from the sender's fax machine;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) if
 the Company has an email address for the time being, by emailing to that email address a
 scanned copy of the notice as a PDF attachment or, otherwise, by emailing to the email address
 provided by the Company's registered office a scanned copy of the notice as a PDF attachment
 (in either case, the PDF version being deemed to be the notice unless Article 31.7 applies),
 in which event notice shall be taken to be given on the date of receipt by the Company or
 the Company's registered office (as appropriate) in readable form; or

(d) if
 permitted pursuant to the notice provisions, in some other form of approved Electronic Record
 delivered in accordance with those provisions in writing.

**Notices**

16.4 All
 notices of meetings of directors shall continue to be given to the appointing director and
 not to the alternate.

**Rights of alternate director**

16.5 An
 alternate director shall be entitled to attend and vote at any board meeting or meeting of
 a committee of the directors at which the appointing director is not personally present,
 and generally to perform all the functions of the appointing director in his absence.

16.6 For
 the avoidance of doubt:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) if
 another director has been appointed an alternate director for one or more directors, he shall
 be entitled to a separate vote in his own right as a director and in right of each other
 director for whom he has been appointed an alternate; and

(b) if
 a person other than a director has been appointed an alternate director for more than one
 director, he shall be entitled to a separate vote in right of each director for whom he has
 been appointed an alternate.

16.7 An
 alternate director, however, is not entitled to receive any remuneration from the Company
 for services rendered as an alternate director.

**Appointment ceases when the appointer ceases to be a director**

16.8 An
 alternate director shall cease to be an alternate director if the director who appointed
 him ceases to be a director.

**Status of alternate director**

16.9 An
 alternate director shall carry out all functions of the director who made the appointment.

16.10 Save
 where otherwise expressed, an alternate director shall be treated as a director under these
 Articles.

16.11 An
 alternate director is not the agent of the director appointing him.

16.12 An
 alternate director is not entitled to any remuneration for acting as alternate director.

**Status of the director making the appointment**

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| | |
|:---|:---|
| 16.13 | A director who has appointed an alternate is not thereby relieved from the duties which he owes the Company. |
| **17** | **Powers of directors** |

---

**Powers of directors**

17.1 Subject
 to the provisions of the Act, the Memorandum and these Articles, the business of the Company
 shall be managed by the directors who may for that purpose exercise all the powers of the
 Company.

17.2 No
 prior act of the directors shall be invalidated by any subsequent alteration of the Memorandum
 or these Articles. However, to the extent allowed by the Act, following the consummation
 of the IPO Members may by Special Resolution validate any prior or future act of the directors
 which would otherwise be in breach of their duties.

**Appointments to office**

17.3 The
 directors may appoint a director:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) as
 chairman of the board of directors;

(b) as
 vice-chairman of the board of directors;

(c) as
 managing director;

(d) to
 any other executive office

for such period and on such terms, including as to remuneration, as they think fit.

17.4 The
 appointee must consent in writing to holding that office.

17.5 Where
 a chairman is appointed he shall, unless unable to do so, preside at every meeting of directors.

17.6 If
 there is no chairman, or if the chairman is unable to preside at a meeting, that meeting
 may select its own chairman; or the directors may nominate one of their number to act in
 place of the chairman should he ever not be available.

17.7 Subject
 to the provisions of the Act, the directors may also appoint any person, who need not be
 a director:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) as
 Secretary; and

(b) to
 any office that may be required (including, for the avoidance of doubt, one or more chief
 executive officers, presidents, a chief financial officer, a treasurer, vice-presidents,
 one or more assistant vice-presidents, one or more assistant treasurers and one or more assistant
 secretaries),

for such period and on such terms, including as to remuneration, as they think fit. In the case of an Officer, that Officer may be given any title the directors decide.

17.8 The
 Secretary or Officer must consent in writing to holding that office.

17.9 A
 director, Secretary or other Officer of the Company may not hold the office, or perform the
 services, of Auditor.

**Remuneration**

17.10 The
 remuneration to be paid to the directors, if any, shall be such remuneration as the directors
 shall determine, provided that no cash remuneration shall be paid to any director prior to
 the consummation of a Business Combination. The directors shall also, whether prior to or
 after the consummation of a Business Combination, be entitled to be paid all out of pocket
 expenses properly incurred by them in connection with activities on behalf of the Company,
 including identifying and consummating a Business Combination.

17.11 Remuneration
 may take any form and may include arrangements to pay pensions, health insurance, death or
 sickness benefits, whether to the director or to any other person connected to or related
 to him.

17.12 Unless
 his fellow directors determine otherwise, a director is not accountable to the Company for
 remuneration or other benefits received from any other company which is in the same group
 as the Company or which has common shareholdings.

**Disclosure of information**

17.13 The
 directors may release or disclose to a third party any information regarding the affairs
 of the Company, including any information contained in the Register of Members relating to
 a Member, (and they may authorise any director, Officer or other authorised agent of the
 Company to release or disclose to a third party any such information in his possession) if:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) the
 Company or that person, as the case may be, is lawfully required to do so under the laws
 of any jurisdiction to which the Company is subject; or

(b) such
 disclosure is in compliance with the rules of any stock exchange upon which the Company's
 shares are listed; or

(c) such
 disclosure is in accordance with any contract entered into by the Company; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) the
 directors are of the opinion such disclosure would assist or facilitate the Company's
 operations.

---

| | |
|:---|:---|
| **18** | **Delegation of powers** |

---

**Power to delegate any of the directors' powers to a committee**

18.1 The
 directors may delegate any of their powers to any committee consisting of one or more persons
 who need not be Members. Persons on the committee may include non-directors so long as the
 majority of those persons are directors.

18.2 The
 delegation may be collateral with, or to the exclusion of, the directors' own powers.

18.3 The
 delegation may be on such terms as the directors think fit, including provision for the committee
 itself to delegate to a sub-committee; save that any delegation must be capable of being
 revoked or altered by the directors at will.

18.4 Unless
 otherwise permitted by the directors, a committee must follow the procedures prescribed for
 the taking of decisions by directors.

**Power to appoint an agent of the Company**

18.5 The
 directors may appoint any person, either generally or in respect of any specific matter,
 to be the agent of the Company with or without authority for that person to delegate all
 or any of that person's powers. The directors may make that appointment:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) by
 causing the Company to enter into a power of attorney or agreement; or

(b) in
 any other manner they determine.

**Power to appoint an attorney or authorised signatory of the Company**

18.6 The
 directors may appoint any person, whether nominated directly or indirectly by the directors,
 to be the attorney or the authorised signatory of the Company. The appointment may be:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) for
 any purpose;

(b) with
 the powers, authorities and discretions;

(c) for
 the period; and

(d) subject
 to such conditions

as they think fit. The powers, authorities and discretions, however, must not exceed those vested in, or exercisable, by the directors under these Articles. The directors may do so by power of attorney or any other manner they think fit.

18.7 Any
 power of attorney or other appointment may contain such provision for the protection and
 convenience for persons dealing with the attorney or authorised signatory as the directors
 think fit. Any power of attorney or other appointment may also authorise the attorney or
 authorised signatory to delegate all or any of the powers, authorities and discretions vested
 in that person.

**Power to appoint a proxy**

---

| | |
|:---|:---|
| 18.8 | Any director may appoint any other person, including another director, to represent him at any meeting of the directors. If a director appoints a proxy, then for all purposes the presence or vote of the proxy shall be deemed to be that of the appointing director. |
| 18.9 | Articles 16.1 to 16.5 inclusive (relating to the appointment by directors of alternate directors) apply, *mutatis mutandis*, to the appointment of proxies by directors. |
| 18.10 | A proxy is an agent of the director appointing him and is not an officer of the Company. |
| **19** | **Meetings of directors** |

---

**Regulation of directors' meetings**

19.1 Subject
 to the provisions of these Articles, the directors may regulate their proceedings as they
 think fit.

**Calling meetings**

19.2 Any
 director may call a meeting of directors at any time. The Secretary, if any, must call a
 meeting of the directors if requested to do so by a director.

**Notice of meetings**

19.3 Every
 director shall be given notice of a meeting, although a director may waive retrospectively
 the requirement to be given notice. Notice may be oral. Attendance at a meeting without written
 objection shall be deemed to be a waiver of such notice requirement.

**Period of notice**

19.4 At
 least five Clear Days' notice of a meeting of directors must be given to directors.
 A meeting may be convened on shorter notice with the consent of all directors.

**Use of technology**

19.5 A
 director may participate in a meeting of directors through the medium of conference telephone,
 video or any other form of communications equipment providing all persons participating in
 the meeting are able to hear and speak to each other throughout the meeting.

19.6 A
 director participating in this way is deemed to be present in person at the meeting.

**Place of meetings**

19.7 If
 all the directors participating in a meeting are not in the same place, they may decide that
 the meeting is to be treated as taking place wherever any of them is.

**Quorum**

19.8 The
 quorum for the transaction of business at a meeting of directors shall be two unless the
 directors fix some other number or unless the Company has only one director.

**Voting**

19.9 A
 question which arises at a board meeting shall be decided by a majority of votes. If votes
 are equal the chairman may, if he wishes, exercise a casting vote.

**Validity**

19.10 Anything
 done at a meeting of directors is unaffected by the fact that it is later discovered that
 any person was not properly appointed, or had ceased to be a director, or was otherwise not
 entitled to vote.

**Recording of dissent**

19.11 A
 director present at a meeting of directors shall be presumed to have assented to any action
 taken at that meeting unless:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) his
 dissent is entered in the minutes of the meeting; or

(b) he
 has filed with the meeting before it is concluded signed dissent from that action; or

(c) he
 has forwarded to the Company as soon as practical following the conclusion of that meeting
 signed dissent.

A director who votes in favour of an action is not entitled to record his dissent to it.

**Written resolutions**

19.12 The
 directors may pass a resolution in writing without holding a meeting if all directors sign
 a document or sign several documents in the like form each signed by one or more of those
 directors.

19.13 Despite
 the foregoing, a resolution in writing signed by a validly appointed alternate director or
 by a validly appointed proxy need not also be signed by the appointing director. If a written
 resolution is signed personally by the appointing director, it need not also be signed by
 his alternate or proxy.

19.14 Such
 written resolution shall be as effective as if it had been passed at a meeting of the directors
 duly convened and held; and it shall be treated as having been passed on the day and at the
 time that the last director signs.

**Sole director's minute**

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| | |
|:---|:---|
| 19.15 | Where a sole director signs a minute recording his decision on a question, that record shall constitute the passing of a resolution in those terms. |
| **20** | **Permissible directors' interests and disclosure** |

---

**Permissible interests subject to disclosure**

20.1 Save
 as expressly permitted by these Articles or as set out below, a director may not have a direct
 or indirect interest or duty which conflicts or may possibly conflict with the interests
 of the Company.

20.2 If,
 notwithstanding the prohibition in the preceding Article, a director discloses to his fellow
 directors the nature and extent of any material interest or duty in accordance with the next
 Article, he may:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) be
 a party to, or otherwise interested in, any transaction or arrangement with the Company or
 in which the Company is or may otherwise be interested; or

(b) be
 interested in another body corporate promoted by the Company or in which the Company is otherwise
 interested. In particular, the director may be a director, secretary or officer of, or employed
 by, or be a party to any transaction or arrangement with, or otherwise interested in, that
 other body corporate.

20.3 Such
 disclosure may be made at a meeting of the board or otherwise (and, if otherwise, it must
 be made in writing). The director must disclose the nature and extent of his direct or indirect
 interest in or duty in relation to a transaction or arrangement or series of transactions
 or arrangements with the Company or in which the Company has any material interest.

20.4 If
 a director has made disclosure in accordance with the preceding Article, then he shall not,
 by reason only of his office, be accountable to the Company for any benefit that he derives
 from any such transaction or arrangement or from any such office or employment or from any
 interest in any such body corporate, and no such transaction or arrangement shall be liable
 to be avoided on the ground of any such interest or benefit.

**Notification of interests**

20.5 For
 the purposes of the preceding Articles:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) a
 general notice that a director gives to the other directors that he is to be regarded as
 having an interest of the nature and extent specified in the notice in any transaction or
 arrangement in which a specified person or class of persons is interested shall be deemed
 to be a disclosure that he has an interest in or duty in relation to any such transaction
 of the nature and extent so specified; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) an
 interest of which a director has no knowledge and of which it is unreasonable to expect him
 to have knowledge shall not be treated as an interest of his.

**Voting where a director is interested in a matter**

---

| | |
|:---|:---|
| 20.6 | A director may vote at a meeting of directors on any resolution concerning a matter in which that director has an interest or duty, whether directly or indirectly, so long as that director discloses any material interest pursuant to these Articles. The director shall be counted towards a quorum of those present at the meeting. If the director votes on the resolution, his vote shall be counted. |
| 20.7 | Where proposals are under consideration concerning the appointment of two or more directors to offices or employment with the Company or any body corporate in which the Company is interested, the proposals may be divided and considered in relation to each director separately and each of the directors concerned shall be entitled to vote and be counted in the quorum in respect of each resolution except that concerning his or her own appointment. |
| **21** | **Minutes** |

---

The Company shall cause minutes to be made in books kept for the purpose in accordance with the Act.

---

| | |
|:---|:---|
| **22** | **Accounts and audit** |

---

**Accounting and other records**

22.1 The
 directors must ensure that proper accounting and other records are kept, and that accounts
 and associated reports are distributed in accordance with the requirements of the Act.

**No automatic right of inspection**

22.2 Members
 are only entitled to inspect the Company's records if they are expressly entitled to
 do so by law, or by resolution made by the directors or passed by Ordinary Resolution.

**Sending of accounts and reports**

22.3 The
 Company's accounts and associated directors' report or auditor's report
 that are required or permitted to be sent to any person pursuant to any law shall be treated
 as properly sent to that person if:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) they
 are sent to that person in accordance with the notice provisions: or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) they
 are published on a website providing that person is given separate notice of:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) the
 fact that publication of the documents has been published on the website;

(ii) the
 address of the website; and

(iii) the
 place on the website where the documents may be accessed; and

(iv) how
 they may be accessed.

22.4 If,
 for any reason, a person notifies the Company that he is unable to access the website, the
 Company must, as soon as practicable, send the documents to that person by any other means
 permitted by these Articles. This, however, will not affect when that person is taken to
 have received the documents under the next Article.

**Time of receipt if documents are published on a website**

22.5 Documents
 sent by being published on a website in accordance with the preceding two Articles are only
 treated as sent at least five Clear Days before the date of the meeting at which they are
 to be laid if:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) the
 documents are published on the website throughout a period beginning at least five Clear
 Days before the date of the meeting and ending with the conclusion of the meeting; and

(b) the
 person is given at least five Clear Days' notice of the hearing.

**Validity despite accidental error in publication on website**

22.6 If,
 for the purpose of a meeting, documents are sent by being published on a website in accordance
 with the preceding Articles, the proceedings at that meeting are not invalidated merely because:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) those
 documents are, by accident, published in a different place on the website to the place notified;
 or

(b) they
 are published for part only of the period from the date of notification until the conclusion
 of that meeting.

**Audit**

22.7 The
 directors may appoint an Auditor of the Company who shall hold office on such terms as the
 directors determine.

22.8 The
 directors may delegate any of their powers, authorities and discretions, including the power
 to sub-delegate, to any committee consisting of one or more Directors (including, without
 limitation, the Audit Committee, the Compensation Committee and the Nominating and Corporate
 Governance Committee). Any such delegation may be made subject to any conditions the directors
 may impose and either collaterally with or to the exclusion of their own powers and any such
 delegation may be revoked or altered by the directors. Subject to any such conditions, the
 proceedings of a committee of directors shall be governed by the Articles regulating the
 proceedings of directors, so far as they are capable of applying. The composition and responsibilities
 of each of the Audit Committee, the Compensation Committee and the Nominating and Corporate
 Governance Committee shall comply with the rules and regulations of the SEC and the Designated
 Stock Exchange and the directors may adopt formal written charters for such committees. Each
 of these committees shall be empowered to do all things necessary to exercise the rights
 of such committee set forth in the Articles and shall have such powers as the directors may
 delegate pursuant to the Articles and as required by the rules and regulations of the Designated
 Stock Exchange, the SEC and/or any other competent regulatory authority or otherwise under
 Applicable Law. The Audit Committee shall meet at least once every financial quarter, or
 more frequently as circumstances dictate.

22.9 The
 Audit Committee shall monitor compliance with the terms of the IPO and, if any non-compliance
 is identified, the Audit Committee shall be charged with the responsibility to take all action
 necessary to rectify such non-compliance or otherwise cause compliance with the terms of
 the IPO.

22.10 At
 least one member of the Audit Committee shall be an "audit committee financial expert"
 as determined by the rules and regulations of the Designated Stock Exchange, the SEC and/or
 any other competent regulatory authority or otherwise under Applicable Law. The "audit
 committee financial expert" shall have such past employment experience in finance or
 accounting, requisite professional certification in accounting, or any other comparable experience
 or background which results in the individual's financial sophistication.

22.11 If
 the Shares are listed or quoted on the Designated Stock Exchange, the Company shall conduct
 an appropriate review of all related party transactions on an ongoing basis and shall utilise
 the Audit Committee for the review and approval of potential conflicts of interest.

22.12 The
 remuneration of the Auditor shall be fixed by the Audit Committee (if one exists).

22.13 If
 the office of Auditor becomes vacant by resignation or death of the Auditor, or by his becoming
 incapable of acting by reason of illness or other disability at a time when his services
 are required, the directors shall fill the vacancy and determine the remuneration of such
 Auditor.

22.14 Every
 Auditor of the Company shall have a right of access at all times to the books and accounts
 and vouchers of the Company and shall be entitled to require from the directors and officers
 of the Company such information and explanation as may be necessary for the performance of
 the duties of the Auditor.

22.15 Auditors
 shall, if so required by the directors, make a report on the accounts of the Company during
 their tenure of office at the next annual general meeting following their appointment in
 the case of a company which is registered with the Registrar of Companies as an ordinary
 company, and at the next extraordinary general meeting following their appointment in the
 case of a company which is registered with the Registrar of Companies as an exempted company,
 and at any other time during their term of office, upon request of the directors or any general
 meeting of the Members.

---

| | |
|:---|:---|
| **23** | **Financial year** |

---

Unless the directors otherwise specify, the financial year of the Company:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) shall
 end on 31st December in the year of its incorporation and each following year; and

(b) shall
 begin when it was incorporated and on 1st January each following year.

---

| | |
|:---|:---|
| **24** | **Record dates** |

---

Except to the extent of any conflicting rights attached to Shares, the directors may fix any time and date as the record date for:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) calling
 a general meeting;

(b) declaring
 or paying a dividend;

(c) making
 or issuing an allotment of Shares; or

(d) conducting
 any other business required pursuant to these Articles.

(e) The record date may be
 before or after the date on which a dividend, allotment or issue is declared, paid or made.

---

| | |
|:---|:---|
| **25** | **Dividends** |

---

**Declaration of dividends by Members**

25.1 Subject
 to the provisions of the Act, the Company may by Ordinary Resolution declare dividends in
 accordance with the respective rights of the Members but no dividend shall exceed the amount
 recommended by the directors.

**Payment of interim dividends and declaration of final dividends by directors**

25.2 The
 directors may pay interim dividends or declare final dividends in accordance with the respective
 rights of the Members if it appears to them that they are justified by the financial position
 of the Company and that such dividends may lawfully be paid.

25.3 Subject
 to the provisions of the Act, in relation to the distinction between interim dividends and
 final dividends, the following applies:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) Upon
 determination to pay a dividend or dividends described as interim by the directors in the

 is made.

(b) Upon
 declaration of a dividend or dividends described as final by the directors in the dividend
 resolution, a debt shall be created immediately following the declaration, the due date to
 be the date the dividend is stated to be payable in the resolution.

If the resolution fails to specify whether a dividend is final or interim, it shall be assumed to be interim.

25.4 In
 relation to Shares carrying differing rights to dividends or rights to dividends at a fixed
 rate, the following applies:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) If
 the share capital is divided into different classes, the directors may pay dividends on Shares
 which confer deferred or non-preferred rights with regard to dividends as well as on Shares
 which confer preferential rights with regard to dividends but no dividend shall be paid on
 Shares carrying deferred or non-preferred rights if, at the time of payment, any preferential
 dividend is in arrears.

(b) The
 directors may also pay, at intervals settled by them, any dividend payable at a fixed rate
 if it appears to them that there are sufficient funds of the Company lawfully available for
 distribution to justify the payment.

(c) If
 the directors act in good faith, they shall not incur any liability to the Members holding
 Shares conferring preferred rights for any loss those Members may suffer by the lawful payment
 of the dividend on any Shares having deferred or non-preferred rights.

**Apportionment of dividends**

25.5 Except
 as otherwise provided by the rights attached to Shares, all dividends shall be declared and
 paid according to the amounts paid up on the Shares on which the dividend is paid. All dividends
 shall be apportioned and paid proportionately to the amount paid up on the Shares during
 the time or part of the time in respect of which the dividend is paid. If a Share is issued
 on terms providing that it shall rank for dividend as from a particular date, that Share
 shall rank for dividend accordingly.

**Right of set off**

25.6 The
 directors may deduct from a dividend or any other amount payable to a person in respect of
 a Share any amount due by that person to the Company on a call or otherwise in relation to
 a Share.

**Power to pay other than in cash**

25.7 If
 the directors so determine, any resolution declaring a dividend may direct that it shall
 be satisfied wholly or partly by the distribution of assets. If a difficulty arises in relation
 to the distribution, the directors may settle that difficulty in any way they consider appropriate.
 For example, they may do any one or more of the following:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) issue
 fractional Shares;

(b) fix
 the value of assets for distribution and make cash payments to some Members on the footing
 of the value so fixed in order to adjust the rights of Members; and

(c) vest
 some assets in trustees.

**How payments may be made**

25.8 A
 dividend or other monies payable on or in respect of a Share may be paid in any of the following
 ways:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) if
 the Member holding that Share or other person entitled to that Share nominates a bank account
 for that purpose - by wire transfer to that bank account; or

(b) by
 cheque or warrant sent by post to the registered address of the Member holding that Share
 or other person entitled to that Share.

25.9 For
 the purpose of paragraph (a) of the preceding Article, the nomination may be in writing or
 in an Electronic Record and the bank account nominated may be the bank account of another
 person. For the purpose of paragraph (b) of the preceding Article, subject to any applicable
 law or regulation, the cheque or warrant shall be made to the order of the Member holding
 that Share or other person entitled to the Share or to his nominee, whether nominated in
 writing or in an Electronic Record, and payment of the cheque or warrant shall be a good
 discharge to the Company.

25.10 If
 two or more persons are registered as the holders of the Share or are jointly entitled to
 it by reason of the death or bankruptcy of the registered holder (Joint Holders), a dividend
 (or other amount) payable on or in respect of that Share may be paid as follows:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) to
 the registered address of the Joint Holder of the Share who is named first on the Register
 of Members or to the registered address of the deceased or bankrupt holder, as the case may
 be; or

(b) to
 the address or bank account of another person nominated by the Joint Holders, whether that
 nomination is in writing or in an Electronic Record.

25.11 Any
 Joint Holder of a Share may give a valid receipt for a dividend (or other amount) payable
 in respect of that Share.

**Dividends or other moneys not to bear interest in absence of special rights**

25.12 Unless
 provided for by the rights attached to a Share, no dividend or other monies payable by the
 Company in respect of a Share shall bear interest.

**Dividends unable to be paid or unclaimed**

25.13 If
 a dividend cannot be paid to a Member or remains unclaimed within six weeks after it was
 declared or both, the directors may pay it into a separate account in the Company's
 name. If a dividend is paid into a separate account, the Company shall not be constituted
 trustee in respect of that account and the dividend shall remain a debt due to the Member.

---

| | |
|:---|:---|
| 25.14 | A dividend that remains unclaimed for a period of six years after it became due for payment shall be forfeited to, and shall cease to remain owing by, the Company. |
| **26** | **Capitalisation of profits** |

---

**Capitalisation of profits or of any share premium account or capital redemption reserve**

26.1 The
 directors may resolve to capitalise:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) any
 part of the Company's profits not required for paying any preferential dividend (whether
 or not those profits are available for distribution); or

(b) any
 sum standing to the credit of the Company's share premium account or capital redemption
 reserve, if any.

The amount resolved to be capitalised must be appropriated to the Members who would have been entitled to it had it been distributed by way of dividend and in the same proportions. The benefit to each Member so entitled must be given in either or both of the following ways:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) by
 paying up the amounts unpaid on that Member's Shares;

(b) by
 issuing Fully Paid Shares, debentures or other securities of the Company to that Member or
 as that Member directs. The directors may resolve that any Shares issued to the Member in
 respect of partly paid Shares (Original Shares) rank for dividend only to the extent that
 the Original Shares rank for dividend while those Original Shares remain partly paid.

**Applying an amount for the benefit of members**

26.2 The
 amount capitalised must be applied to the benefit of Members in the proportions to which
 the Members would have been entitled to dividends if the amount capitalised had been distributed
 as a dividend.

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| | |
|:---|:---|
| 26.3 | Subject to the Act, if a fraction of a Share, a debenture, or other security is allocated to a Member, the directors may issue a fractional certificate to that Member or pay him the cash equivalent of the fraction. |
| **27** | **Share premium account** |

---

**Directors to maintain share premium account**

27.1 The
 directors shall establish a share premium account in accordance with the Act. They shall
 carry to the credit of that account from time to time an amount equal to the amount or value
 of the premium paid on the issue of any Share or capital contributed or such other amounts
 required by the Act.

**Debits to share premium account**

27.2 The
 following amounts shall be debited to any share premium account:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) on
 the redemption or purchase of a Share, the difference between the nominal value of that Share
 and the redemption or purchase price; and

(b) any
 other amount paid out of a share premium account as permitted by the Act.

---

| | |
|:---|:---|
| 27.3 | Notwithstanding the preceding Article, on the redemption or purchase of a Share, the directors may pay the difference between the nominal value of that Share and the redemption purchase price out of the profits of the Company or, as permitted by the Act, out of capital. |
| **28** | **Seal** |

---

**Company seal**

28.1 The
 Company may have a seal if the directors so determine.

**Duplicate seal**

28.2 Subject
 to the provisions of the Act, the Company may also have a duplicate seal or seals for use
 in any place or places outside the Cayman Islands. Each duplicate seal shall be a facsimile
 of the original seal of the Company. However, if the directors so determine, a duplicate
 seal shall have added on its face the name of the place where it is to be used.

**When and how seal is to be used**

28.3 A
 seal may only be used by the authority of the directors. Unless the directors otherwise determine,
 a document to which a seal is affixed must be signed in one of the following ways:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) by
 a director (or his alternate) and the Secretary; or

(b) by
 a single director (or his alternate).

**If no seal is adopted or used**

28.4 If
 the directors do not adopt a seal, or a seal is not used, a document may be executed in the
 following manner:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) by
 a director (or his alternate) or any Officer to which authority has been delegated by resolution
 duly adopted by the directors; or

(b) by
 a single director (or his alternate); or

(c) in
 any other manner permitted by the Act.

**Power to allow non-manual signatures and facsimile printing of seal**

28.5 The
 directors may determine that either or both of the following applies:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) that
 the seal or a duplicate seal need not be affixed manually but may be affixed by some other
 method or system of reproduction;

(b) that
 a signature required by these Articles need not be manual but may be a mechanical or Electronic
 Signature.

**Validity of execution**

---

| | |
|:---|:---|
| 28.6 | If a document is duly executed and delivered by or on behalf of the Company, it shall not be regarded as invalid merely because, at the date of the delivery, the Secretary, or the director, or other Officer or person who signed the document or affixed the seal for and on behalf of the Company ceased to be the Secretary or hold that office and authority on behalf of the Company. |
| **29** | **Indemnity** |

---

**Indemnity**

29.1 To
 the maximum extent permitted by Applicable Law, the Company shall indemnify each existing
 or former Secretary, director (including alternate director), and other Officer of the Company
 (including an investment adviser or an administrator or liquidator) and their personal representatives
 against:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) all
 actions, proceedings, costs, charges, expenses, losses, damages or liabilities incurred or
 sustained by the existing or former Secretary or Officer in or about the conduct of the Company's
 business or affairs or in the execution or discharge of the existing or former Secretary's
 or Officer's duties, powers, authorities or discretions; and

(b) without
 limitation to paragraph (a), all costs, expenses, losses or liabilities incurred by the existing
 or former Secretary or Officer in defending (whether successfully or otherwise) any civil,
 criminal, administrative or investigative proceedings (whether threatened, pending or completed)
 concerning the Company or its affairs in any court or tribunal, whether in the Cayman Islands
 or elsewhere.

No such existing or former Secretary or Officer, however, shall be indemnified in respect of any matter arising out of his own actual fraud, wilful default or wilful neglect.

29.2 To
 the extent permitted by Applicable Law, the Company may make a payment, or agree to make
 a payment, whether by way of advance, loan or otherwise, for any legal costs incurred by
 an existing or former Secretary or Officer of the Company in respect of any matter identified
 in paragraph (a) or paragraph (b) of the preceding Article on condition that the Secretary
 or Officer must repay the amount paid by the Company to the extent that it is ultimately
 found not liable to indemnify the Secretary or that Officer for those legal costs.

**Release**

29.3 To
 the extent permitted by Applicable Law, the Company may by Special Resolution release any
 existing or former director (including alternate director), Secretary or other Officer of
 the Company from liability for any loss or damage or right to compensation which may arise
 out of or in connection with the execution or discharge of the duties, powers, authorities
 or discretions of his office; but there may be no release from liability arising out of or
 in connection with that person's own actual fraud, wilful default or wilful neglect.

**Insurance**

29.4 To
 the extent permitted by Applicable Law, the Company may pay, or agree to pay, a premium in
 respect of a contract insuring each of the following persons against risks determined by
 the directors, other than liability arising out of that person's own dishonesty:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) an
 existing or former director (including alternate director), Secretary or Officer or auditor
 of:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) the
 Company;

(ii) a
 company which is or was a subsidiary of the Company;

(iii) a
 company in which the Company has or had an interest (whether direct or indirect); and

29.5 a
 trustee of an employee or retirement benefits scheme or other trust in which any of the persons
 referred to in paragraph (a) is or was interested.

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| | |
|:---|:---|
| **30** | **Notices** |

---

**Form of notices**

30.1 Save
 where these Articles provide otherwise, any notice to be given to or by any person pursuant
 to these Articles shall be:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) in
 writing signed by or on behalf of the giver in the manner set out below for written notices;
 or

(b) subject
 to the next Article, in an Electronic Record signed by or on behalf of the giver by Electronic
 Signature and authenticated in accordance with Articles about authentication of Electronic
 Records; or

(c) where
 these Articles expressly permit, by the Company by means of a website.

**Electronic communications**

30.2 Without
 limitation to Articles 16.2 to 16.5 inclusive (relating to the appointment and removal by
 directors of alternate directors) and to Articles 18.8 to 18.10 inclusive (relating to the
 appointment by directors of proxies), a notice may only be given to the Company in an Electronic
 Record if:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) the
 directors so resolve;

(b) the
 resolution states how an Electronic Record may be given and, if applicable, specifies an
 email address for the Company; and

(c) the
 terms of that resolution are notified to the Members for the time being and, if applicable,
 to those directors who were absent from the meeting at which the resolution was passed.

If the resolution is revoked or varied, the revocation or variation shall only become effective when its terms have been similarly notified.

30.3 A
 notice may not be given by Electronic Record to a person other than the Company unless the
 recipient has notified the giver of an Electronic address to which notice may be sent.

**Persons authorised to give notices**

30.4 A
 notice by either the Company or a Member pursuant to these Articles may be given on behalf
 of the Company or a Member by a director or company secretary of the Company or a Member.

**Delivery of written notices**

30.5 Save
 where these Articles provide otherwise, a notice in writing may be given personally to the
 recipient, or left at (as appropriate) the Member's or director's registered
 address or the Company's registered office, or posted to that registered address or
 registered office.

**Joint holders**

30.6 Where
 Members are joint holders of a Share, all notices shall be given to the Member whose name
 first appears in the Register of Members.

**Signatures**

30.7 A
 written notice shall be signed when it is autographed by or on behalf of the giver, or is
 marked in such a way as to indicate its execution or adoption by the giver.

30.8 An
 Electronic Record may be signed by an Electronic Signature.

**Evidence of transmission**

30.9 A
 notice given by Electronic Record shall be deemed sent if an Electronic Record is kept demonstrating
 the time, date and content of the transmission, and if no notification of failure to transmit
 is received by the giver.

30.10 A
 notice given in writing shall be deemed sent if the giver can provide proof that the envelope
 containing the notice was properly addressed, pre-paid and posted, or that the written notice
 was otherwise properly transmitted to the recipient.

**Giving notice to a deceased or bankrupt Member**

30.11 A
 notice may be given by the Company to the persons entitled to a Share in consequence of the
 death or bankruptcy of a Member by sending or delivering it, in any manner authorised by
 these Articles for the giving of notice to a Member, addressed to them by name, or by the
 title of representatives of the deceased, or trustee of the bankrupt or by any like description,
 at the address, if any, supplied for that purpose by the persons claiming to be so entitled.

30.12 Until
 such an address has been supplied, a notice may be given in any manner in which it might
 have been given if the death or bankruptcy had not occurred.

**Date of giving notices**

30.13 A
 notice is given on the date identified in the following table.

---

| | |
|:---|:---|
| **Method for giving notices** | **When taken to be given** |
| Personally | At the time and date of delivery |
| By leaving it at the member's registered address | At the time and date it was left |
| If the recipient has an address within the Cayman Islands, by posting it by prepaid post to the street or postal address of that recipient | 48 hours after it was posted |
| If the recipient has an address outside the Cayman Islands, by posting it by prepaid airmail to the street or postal address of that recipient | 3 Clear Days after posting |
| By Electronic Record (other than publication on a website), to recipient's Electronic address | Within 24 hours after it was sent |
| By publication on a website | See the Articles about the time when notice of a meeting of Members or accounts and reports, as the case may be, are published on a website |

---

**Saving provision**

---

| | |
|:---|:---|
| 30.14 | None of the preceding notice provisions shall derogate from the Articles about the delivery of written resolutions of directors and written resolutions of Members. |
| **31** | **Authentication of Electronic Records** |

---

**Application of Articles**

31.1 Without
 limitation to any other provision of these Articles, any notice, written resolution or other
 document under these Articles that is sent by Electronic means by a Member, or by the Secretary,
 or by a director or other Officer of the Company, shall be deemed to be authentic if either
 Article 31.2 or Article 31.4 applies.

**Authentication of documents sent by Members by Electronic means**

31.2 An
 Electronic Record of a notice, written resolution or other document sent by Electronic means
 by or on behalf of one or more Members shall be deemed to be authentic if the following conditions
 are satisfied:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) the
 Member or each Member, as the case may be, signed the original document, and for this purpose
 Original Document includes several documents in like form signed by one or more of those
 Members; and

(b) the
 Electronic Record of the Original Document was sent by Electronic means by, or at the direction
 of, that Member to an address specified in accordance with these Articles for the purpose
 for which it was sent; and

(c) Article
 31.7 does not apply.

31.3 For
 example, where a sole Member signs a resolution and sends the Electronic Record of the original
 resolution, or causes it to be sent, by facsimile transmission to the address in these Articles
 specified for that purpose, the facsimile copy shall be deemed to be the written resolution
 of that Member unless Article 31.7 applies.

**Authentication of document sent by the Secretary or Officers of the Company by Electronic means**

31.4 An
 Electronic Record of a notice, written resolution or other document sent by or on behalf
 of the Secretary or an Officer or Officers of the Company shall be deemed to be authentic
 if the following conditions are satisfied:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) the
 Secretary or the Officer or each Officer, as the case may be, signed the original document,
 and for this purpose Original Document includes several documents in like form signed by
 the Secretary or one or more of those Officers; and

(b) the
 Electronic Record of the Original Document was sent by Electronic means by, or at the direction
 of, the Secretary or that Officer to an address specified in accordance with these Articles
 for the purpose for which it was sent; and

(c) Article
 31.7 does not apply.

This Article applies whether the document is sent by or on behalf of the Secretary or Officer in his own right or as a representative of the Company.

31.5 For
 example, where a sole director signs a resolution and scans the resolution, or causes it
 to be scanned, as a PDF version which is attached to an email sent to the address in these
 Articles specified for that purpose, the PDF version shall be deemed to be the written resolution
 of that director unless Article 31.7 applies.

**Manner of signing**

31.6 For
 the purposes of these Articles about the authentication of Electronic Records, a document
 will be taken to be signed if it is signed manually or in any other manner permitted by these
 Articles.

**Saving provision**

31.7 A
 notice, written resolution or other document under these Articles will not be deemed to be
 authentic if the recipient, acting reasonably:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) believes
 that the signature of the signatory has been altered after the signatory had signed the original
 document; or

(b) believes
 that the original document, or the Electronic Record of it, was altered, without the approval
 of the signatory, after the signatory signed the original document; or

(c) otherwise
 doubts the authenticity of the Electronic Record of the document

and the recipient promptly gives notice to the sender setting the grounds of its objection. If the recipient invokes this Article, the sender may seek to establish the authenticity of the Electronic Record in any way the sender thinks fit.

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| | |
|:---|:---|
| **32** | **Transfer by way of continuation** |
| 32.1 | The Company may, by Special Resolution, resolve to be registered by way of continuation in a jurisdiction outside: |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) the
 Cayman Islands; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) such
 other jurisdiction in which it is, for the time being, incorporated, registered or existing.

32.2 To
 give effect to any resolution made pursuant to the preceding Article, the directors may cause
 the following:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) an
 application be made to the Registrar of Companies to deregister the Company in the Cayman
 Islands or in the other jurisdiction in which it is for the time being incorporated, registered
 or existing; and

(b) all
 such further steps as they consider appropriate to be taken to effect the transfer by way
 of continuation of the Company.

---

| | |
|:---|:---|
| **33** | **Winding up** |

---

**Distribution of assets in specie**

33.1 If
 the Company is wound up, the Members may, subject to these Articles and any other sanction
 required by the Act, pass a Special Resolution allowing the liquidator to do either or both
 of the following:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) to
 divide in specie among the Members the whole or any part of the assets of the Company and,
 for that purpose, to value any assets and to determine how the division shall be carried
 out as between the Members or different classes of Members;

(b) to
 vest the whole or any part of the assets in trustees for the benefit of Members and those
 liable to contribute to the winding up.

**No obligation to accept liability**

33.2 No
 Member shall be compelled to accept any assets if an obligation attaches to them.

**The directors are authorised to present a winding up petition**

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| | |
|:---|:---|
| 33.3 | The directors have the authority to present a petition for the winding up of the Company to the Grand Court of the Cayman Islands on behalf of the Company without the sanction of a resolution passed at a general meeting. |
| **34** | **Amendment of Memorandum and Articles** |

---

**Power to change name or amend Memorandum**

34.1 Subject
 to the Act and Article 34.2, the Company may, by Special Resolution:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) change
 its name; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) change
 the provisions of its Memorandum with respect to its objects, powers or any other matter
 specified in the Memorandum.

**Power to amend these Articles**

34.2 Subject
 to the Act and as provided in these Articles, the Company may, by Special Resolution, amend
 these Articles in whole or in part save that no amendment may be made to the Memorandum or
 Articles to amend:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) Article
 37 prior to the Business Combination unless the holders of the Public Shares are provided
 with the opportunity to redeem their Public Shares upon the approval of any such amendment
 in the manner and for the price as set out in Article 37.11; or

(b) this
 Article 34.2 during the Target Business Acquisition Period; and

(c) Article
 15.5 unless in accordance with the terms thereof.

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| | |
|:---|:---|
| **35** | **Mergers and Consolidations** |

---

The Company shall have the power to merge or consolidate with one or more constituent companies (as defined in the Act) upon such terms as the directors may determine and (to the extent required by the Act) with the approval of a Special Resolution.

---

| | |
|:---|:---|
| **36** | **Class B Share Conversion** |
| 36.1 | Save and except for the conversion rights referred to in this Article 36 and as otherwise set out in these Articles, subject to Article 2.10, the rights attaching to all Shares shall rank *pari passu* in all respects, and the Class A Shares and Class B Shares shall vote together as a single class on all matters. |
| 36.2 | Class B Shares shall automatically convert into Class A Shares on a one for one basis (the **Conversion Ratio**) automatically on the day of the closing of a Business Combination. |
| 36.3 | In order to give effect to the Conversion Ratio, in the case that additional Class A Shares or any other Equity-linked Securities, are issued, or deemed issued, by the Company in excess of the amounts offered in the IPO and related to the closing of a Business Combination, all Class B Shares in issue shall automatically convert into Class A Shares at the time of the closing of a Business Combination at the Conversion Ratio (unless the holders of a majority of the Class B Shares in issue agree to waive such anti-dilution adjustment with respect to any such issuance or deemed issuance) so that the number of Class A Shares issuable upon conversion of all Class B Shares will equal, on an as-converted basis, in the aggregate, 20 per cent of the sum of all Class A Shares and Class B Shares in issue upon completion of the IPO plus all Class A Shares and Equity-linked Securities issued or deemed issued in connection with a Business Combination, excluding any Shares or Equity-linked Securities issued, or to be issued, to any seller in a Business Combination and any private placement warrants issued to the Sponsor or its Affiliates upon conversion of working capital loans made to the Company. |

---

---

| | |
|:---|:---|
| 36.4 | Notwithstanding anything to the contrary contained herein, the Conversion Ratio may be waived as to any particular issuance or deemed issuance of additional Class A Shares or Equity-linked Securities by the written consent or agreement of holders of a majority of the Class B Shares then in issue consenting or agreeing separately as a separate class in the manner provided in Article 2.10 hereof. |
| 36.5 | The Conversion Ratio shall also take into account any subdivision (by share split, subdivision, exchange, capitalisation, rights issue, reclassification, recapitalisation or otherwise) or combination (by reverse share split, share consolidation, exchange, reclassification, recapitalisation or otherwise) or similar reclassification or recapitalisation of the Class A Shares in issue into a greater or lesser number of shares occurring after the original filing of the Articles without a proportionate and corresponding subdivision, combination or similar reclassification or recapitalisation of the Class B Shares in issue. |
| 36.6 | Each Class B Share shall convert into its *pro rata* number of Class A Shares pursuant to this Article. The *pro rata* share for each holder of Class B Shares will be determined as follows: each Class B Share shall convert into such number of Class A Shares as is equal to the product of 1 multiplied by a fraction, the numerator of which shall be the total number of Class A Shares into which all of the Class B Shares in issue shall be converted pursuant to this Article and the denominator of which shall be the total number of Class B Shares in issue at the time of conversion. |
| 36.7 | References in this Article to "converted", "conversion" or "exchange" shall mean the compulsory redemption without notice of Class B Shares of any Member and, on behalf of such Members, automatic application of such redemption proceeds in paying for such new Class A Shares into which the Class B Shares have been converted or exchanged at a price per Class B Share necessary to give effect to a conversion or exchange calculated on the basis that the Class A Shares to be issued as part of the conversion or exchange will be issued at par. The Class A Shares to be issued on an exchange or conversion shall be registered in the name of such Member or in such name as the Member may direct. |
| 36.8 | Notwithstanding anything to the contrary in this Article, in no event may any Class B Share convert into Class A Shares at a ratio that is less than the Conversion Ratio. |
| **37** | **Business Combination** |
| 37.1 | Articles 37.1 to 37.11 shall terminate upon consummation of any Business Combination. |

---

37.2 The
 Company has until 12 months from the closing of the IPO to consummate a Business Combination,
 provided however that if the board of directors anticipates that the Company may not be able
 to consummate a Business Combination within 12 months of the closing of the IPO, the Company
 may, by resolution of directors, if requested by the Sponsor, extend the period of time to
 consummate a Business Combination up to six times, each by an additional one month extension
 (for a total of up to 18 months to complete a Business Combination), subject to the Sponsor
 depositing additional funds into the Trust Account in accordance with the terms as set out
 in the trust agreement governing the Trust Account. In the event that the Company does not
 consummate a Business Combination within 12 months from the closing of the IPO or within
 up to 18 months from the closing of the IPO (subject in the latter case to valid 1 month
 extensions having been made in each case (such date falling 12 months or up to 18 months,
 as applicable, after the closing of the IPO being referred to as the **Termination Date**)),
 such failure shall trigger an automatic redemption of the Public Shares (an **Automatic Redemption Event**) and the directors of the Company shall take all such action necessary
 to (i) cease all operations except for the purpose of winding up (ii) as promptly as reasonably
 possible but no more than ten (10) Business Days thereafter to redeem the Public Shares to
 the holders of Public Shares, on a *pro rata* basis, in cash at a per-share amount equal
 to the applicable Per-Share Redemption Price; and (iii) as promptly as reasonably possible
 following such Automatic Redemption Event, subject to the approval of our remaining Members
 and our directors, liquidate and dissolve the Company, subject to the Company's obligations
 under the Act to provide for claims of creditors and the requirements of other applicable
 law. In the event of an Automatic Redemption Event, only the holders of Public Shares shall
 be entitled to receive *pro rata* redeeming distributions from the Trust Account with
 respect to their Public Shares.

37.3 Unless
 a shareholder vote is required by law or the rules of the Designated Stock Exchange, or,
 at the sole discretion of the directors, the directors determine to hold a shareholder vote
 for business or other reasons, the Company may enter into a Business Combination without
 submitting such Business Combination to its Members for approval.

37.4 Although
 not required, in the event that a shareholder vote is held, and a majority of the votes of
 the Shares entitled to vote thereon which were present at the meeting to approve the Business
 Combination are voted for the approval of such Business Combination, the Company shall be
 authorised to consummate the Business Combination.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) In
 the event that a Business Combination is consummated by the Company other than in connection
 with a shareholder vote under Article 37.4, the Company will, subject to as provided below,
 offer to redeem the Public Shares for cash in accordance with Rule 13e-4 and Regulation 14E
 of the Exchange Act and subject to any limitations (including but not limited to cash requirements)
 set forth in the definitive transaction agreements related to the initial Business Combination
 (the **Tender Redemption Offer**), provided however that the Company shall not redeem
 those Shares held by the Initial Shareholders or their Affiliates or the directors or officers
 of the Company pursuant to such Tender Redemption Offer, whether or not such holders accept
 such Tender Redemption Offer. The Company will file tender offer documents with the SEC prior
 to consummating the Business Combination which contain substantially the same financial and
 other information about the Business Combination and the redemption rights as would be required
 in a proxy solicitation pursuant to Regulation 14A of the Exchange Act. In accordance with
 the Exchange Act, the Tender Redemption Offer will remain open for a minimum of 20 Business
 Days and the Company will not be permitted to consummate its Business Combination until the
 expiry of such period. If in the event a Member holding Public Shares accepts the Tender
 Redemption Offer and the Company has not otherwise withdrawn the tender offer, the Company
 shall, promptly after the consummation of the Business Combination, pay such redeeming Member,
 on a *pro rata* basis, cash equal to the applicable Per-Share Redemption Price.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) In
 the event that a Business Combination is consummated by the Company in connection with a
 shareholder vote held pursuant to Article 37.4 in accordance with a proxy solicitation pursuant
 to Regulation 14A of the Exchange Act (the **Redemption Offer**), the Company will, subject
 as provided below, offer to redeem the Public Shares, other than those Shares held by the
 Initial Shareholders or their Affiliates or the directors or officers of the Company, regardless
 of whether such shares are voted for or against the Business Combination, for cash, on a *pro rata* basis, at a per-share amount equal to the applicable Per-Share Redemption
 Price, provided however that: (i) the Company shall not redeem those Shares held by the Initial
 Shareholders or their affiliates or the directors or officers of the Company pursuant to
 such Redemption Offer, whether or not such holders accept such Redemption Offer; and (ii)
 any other redeeming Member who either individually or together with any Affiliate of his
 or any other person with whom he is acting in concert or as a "group" (as such
 term is defined under Section 13 of the Exchange Act) shall not be permitted to redeem, without
 the consent of the directors, more than fifteen percent (15%) of the total Public Shares
 sold in the IPO.

(c) The
 Company will not consummate any Business Combination unless it (or any successor) (i) has
 net tangible assets of at least $5,000,001 upon consummation of such Business Combination,
 or (ii) is otherwise exempt from the provisions of Rule 419 promulgated under the Securities
 Act of 1933, as amended.

37.6 A
 holder of Public Shares shall be entitled to receive distributions from the Trust Account
 only in the event of an Automatic Redemption Event, an Amendment Redemption Event or in the
 event he accepts a Tender Redemption Offer or a Redemption Offer where the Business Combination
 is consummated. In no other circumstances shall a holder of Public Shares have any right
 or interest of any kind in or to the Trust Account.

37.7 Prior
 to a Business Combination, the Company will not issue any securities (other than Public Shares)
 that would entitle the holder thereof to (i) receive funds from the Trust Account; or (ii)
 vote on any Business Combination.

37.8 In
 the event the Company enters into a Business Combination with a company that is Affiliated
 with the Sponsor or any of the directors or officers of the Company, the Company will obtain
 an opinion from an independent investment banking firm or independent accounting firm that
 such a Business Combination is fair to the holders of the Public Shares from a financial
 point of view.

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| 37.9 | The Company will not effectuate a Business Combination with another "blank cheque" company or a similar company with nominal operations. |
| 37.10 | Immediately after the Company's IPO, that amount of the proceeds received by the Company in or in connection with the IPO (including proceeds of any exercise of the underwriter's over-allotment option and any proceeds from the simultaneous private placement of like units comprising like securities to those included in the IPO by the Company) as is described in the Company's registration statement on Form S-1 filed with the SEC (the **Registration Statement**) at the time it goes effective as shall be deposited in the Trust Account shall be so deposited and thereafter held in the Trust Account until released in the event of a Business Combination or otherwise in accordance with this Article 37. Neither the Company nor any officer, director or employee of the Company will disburse any of the proceeds held in the Trust Account until the earlier of (i) a Business Combination, or (ii) an Automatic Redemption Event or in payment of the acquisition price for any shares which the Company elects to purchase, redeem or otherwise acquire in accordance with this Article 37, in each case in accordance with the trust agreement governing the Trust Account; provided that interest earned on the Trust Account (as described in the Registration Statement) may be released from time to time to the Company to pay the Company's tax obligations. |
| 37.11 | In the event the directors of the Company propose any amendment to Article 37 or to any of the other rights of the Shares as set out at Article 2.5 prior to, but not for the purposes of approving or in conjunction with the consummation of, a Business Combination that would affect the substance or timing of the Company's obligations as described in this Article 37 to pay or to offer to pay the Per-Share Redemption Price to any holder of the Public Shares (an **Amendment**) and such Amendment is duly approved by a Special Resolution of the Members (an **Approved Amendment**), the Company will offer to redeem the Public Shares of any Member for cash, on a *pro rata* basis, at a per-share amount equal to the applicable Per-Share Redemption Price (an **Amendment Redemption Event**), provided however that the Company shall not redeem those Shares held by the Initial Shareholders or their Affiliates or the directors or officers of the Company pursuant to such offer, whether or not such holders accept such offer. |
| **38** | **Certain Tax Filings** |
| 38.1 | Each Tax Filing Authorised Person and any such other person, acting alone, as any director shall designate from time to time, are authorised to file tax forms SS-4, W-8 BEN, W-8 IMY, W-9, 8832 and 2553 and such other similar tax forms as are customary to file with any US state or federal governmental authorities or foreign governmental authorities in connection with the formation, activities and/or elections of the Company and such other tax forms as may be approved from time to time by any director or officer of the Company. The Company further ratifies and approves any such filing made by any Tax Filing Authorised Person or such other person prior to the date of the Articles. |

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| **39** | **Business Opportunities** |
| 39.1 | In recognition and anticipation of the facts that: (a) directors and Officers of the Company may serve as directors and/or officers of other entities which engage in the same or similar activities or related lines of business as those in which the Company engages; (b) directors, managers, officers, members, partners, managing members, employees and/or agents of one or more members of the Sponsor Group (each of the foregoing, a **Sponsor Group Related Person**) may serve as directors and/or officers of the Company; and (c) the Sponsor Group engages, and may continue to engage in the same or similar activities or related lines of business as those in which the Company, directly or indirectly, may engage and/or other business activities that overlap with or compete with those in which the Company, directly or indirectly, may engage, the provisions under this heading "Business Opportunities" are set forth to regulate and define the conduct of certain affairs of the Company as they may involve the Sponsor Group and the Sponsor Group Related Persons, and the powers, rights, duties and liabilities of the Company and its directors, Officers and Members in connection therewith. |
| 39.2 | To the fullest extent permitted by Applicable Law, the directors and Officers of the Company, the Sponsor Group and the Sponsor Group Related Persons (each of the foregoing, a **Relevant Person**) shall have no duty, except and to the extent expressly assumed by contract, to refrain from engaging directly or indirectly in the same or similar business activities or lines of business as the Company. To the fullest extent permitted by Applicable Law, the Company renounces any interest or expectancy of the Company in, or in being offered an opportunity to participate in, any potential transaction or matter which may be a corporate opportunity for either a Relevant Person, on the one hand, and the Company, on the other. Except to the extent expressly assumed by contract, to the fullest extent permitted by Applicable Law, a Relevant Person shall have no duty to communicate or offer any such corporate opportunity to the Company and shall not be liable to the Company or its Members for breach of any fiduciary duty as a Member, director and/or Officer of the Company solely by reason of the fact that such Relevant Person pursues or acquires such corporate opportunity for itself, himself or herself, directs such corporate opportunity to another person, or does not communicate information regarding such corporate opportunity to the Company, unless such opportunity is expressly offered to such Relevant Person solely in their capacity as a director or Officer of the Company and the opportunity is one the Company is permitted to complete on a reasonable basis. |
| 39.3 | Except as provided elsewhere in the Articles, the Company hereby renounces any interest or expectancy of the Company in, or in being offered an opportunity to participate in, any potential transaction or matter which may be a corporate opportunity for both the Company and a Relevant Person, about which a director and/or officer of the Company who is also a Relevant Person acquires knowledge unless such opportunity is expressly offered to such person solely in his or her capacity as a director or officer of the Company and such opportunity is one that the Company are legally and contractually permitted to undertake and would otherwise be reasonable for the Company to pursue. |
| 39.4 | To the extent a court might hold that the conduct of any activity related to a corporate opportunity that is renounced in this Article to be a breach of duty to the Company or its Members, the Company hereby waives, to the fullest extent permitted by Applicable Law, any and all claims and causes of action that the Company may have for such activities. To the fullest extent permitted by Applicable Law, the provisions of this Article apply equally to activities conducted in the future and that have been conducted in the past. |

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