Document:

EX-10.26

 Exhibit 10.26 

Letter of Undertakings 
 To: the Board of
Directors of Lufax Holding Ltd. (hereinafter referred to as the “Proposed Listed Company”) 
 CC: 

Shenzhen Lukong Enterprise Management Co., Ltd. (hereinafter referred to as “Shenzhen Lukong”) 

I, [name of indirect individual shareholder], (i) hold [percentage]% equity interest in [name of an entity] (hereinafter referred to as “[Entity
1]”)[, and am the [general / limited] partner of [name of an entity] (hereinafter referred to as “[Entity 2]”) and hold [percentage]% property interest in [Entity 2]]. [Entity 1] directly holds [percentage]% equity interest
in Shenzhen Lukong [and [Entity 2] directly holds [percentage]% equity interest in Shenzhen Lukong]; and (ii) On November 21, 2018, I signed the Voting Proxy Agreement, the Exclusive Equity Interest Option Agreement, the Exclusive Asset
Option Agreement, and the Share Pledge Agreement (together with any written amendment, supplement or confirmation thereto made thereafter by the parties thereto (if any), collectively, “Relevant Shenzhen Lukong VIE Agreements”) with
Lukong (Shenzhen) Technology Service Co., Ltd. and other direct and indirect shareholders of Shenzhen Lukong. 
 In order to facilitate and complete the
listing of shares of the Proposed Listed Company on the Main Board of the Stock Exchange of Hong Kong Limited, I hereby confirm and irrevocably undertake that: 

1. Undertakings as to Death or Other Accidents 
 With
regard to the equity interest in Shenzhen Lukong indirectly held by me through [Entity 1] [and [Entity 2]] and all interests attached thereto (hereinafter referred to as “Relevant Equity Interest”), if I am deceased, lose the
capacity for civil conduct or otherwise, depriving me of the ability to perform my obligations under the Relevant Shenzhen Lukong VIE Agreements, the aforesaid Relevant Equity Interest held by me will be transferred, free of charge and
unconditionally, to the natural or legal person designated by Lukong (Shenzhen) Technology Service Co., Ltd. to the extent permitted by the PRC laws, meanwhile, the natural or legal person will succeed to all rights and obligations that I directly
or indirectly have and assume in Shenzhen Lukong. 
 2. Confirmation and Undertakings as to Divorce 

 

	(1)	 I confirm that the aforesaid Relevant Equity Interest is not the marital property, or owned by or at the
disposal of my spouse; 

  

	(2)	 My direct or indirect management of the operation of Shenzhen Lukong and other matters of Shenzhen Lukong
subject to voting (if I am involved) are not affected by my spouse; and 

  

	(3)	 If I divorce my spouse, I will take any action to procure the performance of the Relevant Shenzhen Lukong VIE
Agreements. I undertake that I shall not in any case take or commit any action, measure, or act that is contrary to the purpose or intention of the Relevant Shenzhen Lukong VIE Agreements. 

  
 1 

 3. Confirmation and Undertakings as to Conflicts of Interest 

 

	(1)	 I shall not in any case take or commit any action, measure, or act or omission that is contrary to the purpose
or intention of the Relevant Shenzhen Lukong VIE Agreements, which results in or may result in conflicts of interest between Shenzhen Lukong and the Proposed Listed Company, and its subsidiaries. 

 

	(2)	 If I have a conflict of interest with the Proposed Listed Company or its subsidiaries in performing the
Relevant Shenzhen Lukong VIE Agreements, I will safeguard legitimate rights and interests of Lukong (Shenzhen) Technology Service Co., Ltd. under the Relevant Shenzhen Lukong VIE Agreements and follow the instruction of the Proposed Listed Company.

 This letter of undertaking comes into force upon execution by me and shall remain valid. 

It is hereby undertaken as above. 
 (The
remainder of this page intentionally left blank) 

  
 2 

 Signature Page to the Letter of Undertakings 

Signature: /s/ [name of indirect individual shareholder] 

[name of indirect individual shareholder] 

Date: November 21, 2018EX-10.27

 Exhibit 10.27 

Spousal Consent Letter 
 To: the Board of
Directors of Lufax Holding Ltd. (hereinafter referred to as the “Proposed Listed Company”) 
 CC: 

Shenzhen Lukong Enterprise Management Co., Ltd. (hereinafter referred to as “Shenzhen Lukong”) 

I, [name of spouse], Chinese ID Card No.: [***], am the lawful spouse of [name of indirect individual shareholder]. 

I acknowledge that: (i) [name of indirect individual shareholder] indirectly holds [percentage]% equity interest in Shenzhen Lukong through [name of an
entity] (hereinafter referred to as “[Entity 1]”) [and [name of an entity] (hereinafter referred to as “[Entity 2]”)]; and (ii) On November 21, 2018, [name of indirect individual shareholder] signed the
Voting Proxy Agreement, the Exclusive Equity Interest Option Agreement, the Exclusive Asset Option Agreement, and the Share Pledge Agreement (together with any written amendment, supplement or confirmation thereto made thereafter by the parties
thereto (if any), collectively, “Relevant Shenzhen Lukong VIE Agreements”) with Lukong (Shenzhen) Technology Service Co., Ltd. and other direct and indirect shareholders of Shenzhen Lukong. 

I hereby confirm and irrevocably undertake that: 
  

	1.	 Any equity interest indirectly held by [name of indirect individual shareholder] through [Entity 1] [and
[Entity 2]] in Shenzhen Lukong and all interests attached thereto (hereinafter referred to as “Relevant Equity Interest”) is the personal property of [name of indirect individual shareholder], but not marital property; I have no
rights or interests in the aforesaid Relevant Equity Interest, nor will I claim or file a lawsuit for the aforesaid Relevant Equity Interest; 

  

	2.	 The aforesaid Relevant Equity Interest shall be disposed of in accordance with Relevant Shenzhen Lukong VIE
Agreements signed by [name of indirect individual shareholder]. I confirm that I will fully support the performance of Relevant Shenzhen Lukong VIE Agreements at any time; 

 

	3.	 I undertake that I have not actually participated and will have no intention to participate in the operation
management of Shenzhen Lukong and other matters of Shenzhen Lukong subject to voting; 

  

	4.	 I further undertake and warrant that I shall not in any case take or commit any action, measure, or act or
omission that may be contrary to the purpose or intention of the Relevant Shenzhen Lukong VIE Agreements, whether directly or indirectly, actively or passively. 

This letter of undertaking comes into force upon execution by me and shall remain valid. 

It is hereby undertaken as above. 
 (The
remainder of this page intentionally left blank) 

  
 1 

 Signature Page to the Spousal Consent Letter 

Signature: /s/ [name of spouse] 

[name of spouse] 
 Date: [December 6 /
November 21], 2018Exhibit
10.1

 

	[*]
    Certain information in this document has been omitted from this exhibit because it is both (i) not material and (ii) would
    be competitively harmful if publicly disclosed.
	 	 
		Seyfarth
        Shaw LLP

        975
        F Street, N.W.

        Washington, DC 20004-1454

        T
        (202) 463-2400

        F
        (202) 828-5393

         

        jshire@seyfarth.com

        T
        (202) 828-5389

         

        www.seyfarth.com

        

 

October
5, 2020

 

Via
E-Mail

 

Mr.
Ronald Ian Bilang, CEO

ZC Top Apparel Manufacturing, Inc.

Philippines

ronaldianbilang92@gmail.com

 

	 	Re:	Demand
    for Repayment and Notice of Rescission of Transaction

 

 

Dear
Mr. Bilang:

 

We
are counsel to Verus International Inc. (“Verus”). As you know, on April 3, 2020, Verus entered into a binding Term
Sheet with ZC Top Apparel Manufacturing, Inc. (“TAM”), in which it agreed to acquire 51% of TAM for $100,000. Verus
paid TAM the agreed $100,000 by sending the amount to a TAM supplier to cover TAM’s obligation to that supplier in the same
amount. This letter is a demand for repayment by TAM to Verus in the amount of One Hundred Thousand Dollars U.S. ($100,000 U.S.)
and Verus’ notice of rescission of the April 3, 2020 transaction between the two parties.

 

Specifically,
your refusal to issue stock to Verus as agreed upon on April 3, 2020, even after payment of consideration in the amount of One
Hundred Thousand Dollars U.S. ($100,000), has left Verus no choice but to rescind the transaction. While this transaction was
consummated in April 2020 (together with a confirming securities purchase agreement in May 2020), you have failed to issue the
stock to Verus more than five months after the closing of this transaction.

 

On
April 3, 2020, you signed a Binding Term Sheet with Verus that obligated you to perform, including specifically the issuance of
stock to Verus. Both TAM and Verus intended that this instrument be legally binding. In the days following the execution of this
Binding Term Sheet, Verus and TAM worked to quickly consolidate TAM operations with Verus. TAM acted to transfer its main intellectual
property assets, which included specifications and designs for its N95 masks, to Verus. Verus created a division, called Verus
Cares, to operate this new healthcare related business. And, further, Verus hired TAM’s (previously) majority stockholder,
Anders Gratte, as President of Verus Cares. Verus also researched potential suppliers of materials for masks and gowns in China,
Malaysia, Turkey, Romania, India, Pakistan and Vietnam, among other countries. By the third week of April, Verus had entered into
contracts for manufacture of N95 masks and manufacture and provision of medical gown.

 

    	 

    	 

    

 

	[*]
    Certain information in this document has been omitted from this exhibit because it is both (i) not material and (ii) would
    be competitively harmful if publicly disclosed.
	 	 
		October
        5, 2020

        Page
        2

         

 

Critically,
after a series of COVID-19 banking delays, on April 24, 2020, at TAM’s request, Verus wired $100,000 U.S. on behalf of TAM
to satisfy the purchase order obligation with the Vietnamese manufacturer [*], which payment, per TAM’s request, satisfied
the cash consideration of the Binding Term Sheet. In exchange, TAM was required to issue 51% of the capital stock of TAM to Verus,
as evidence by filings and registration in the Philippines.

 

On
the date of this writing, which is five months after the exchange of signatures and payment of consideration by Verus of $100,000,
you have still not registered the controlling interest of 51% in the name of Verus. For this reason, there has been a failure
of contractual performance by TAM and breach of contract. Accordingly, by this letter, Verus hereby rescinds all obligations under
the Binding Letter Agreement and demands immediate return of the cash consideration of $100,000, plus fees and costs to be determined.

 

On
behalf of Verus, we ask that you make arrangements for payment of the cash consideration immediately, and in no event less than
ten (10) days from the date of this letter.

 

	 	Sincerely,
	 	 
	 	SEYFARTH
    SHAW LLP
	 	 
	 	/s/
    John Shire
	 	John
    D. Shire

 

		JDS/emq	

 

	CC:	Mr.
    Anshu Bhatnagar - Verus International
	 	William
    Pricket, Esq. - Seyfarth Shaw

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00315-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00315-of-00352.parquet"}], [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00315-of-00352.parquet"}]]