Document:

Exhibit 10.4

 

NON-COMPETITION AND NON-SOLICITATION AGREEMENT

 

THIS NON-COMPETITION AND NON-SOLICITATION
AGREEMENT (this “Agreement”) is being executed and delivered as of [__], by the undersigned (the “Subject
Party”) in favor of and for the benefit of Lakeshore Acquisition II Corp., a Cayman Islands exempted company (including
any successor entity thereto, the “Purchaser”), Nature’s Miracle Incorporated, a Delaware corporation
(the “Company”), and each of the Purchaser’s and/or the Company’s respective present and future
Affiliates, successors and direct and indirect subsidiaries (collectively with the Purchaser and the Company, the “Covered
Parties”). Any capitalized term used but not defined in this Agreement will have the meaning ascribed to such term in the
Merger Agreement.

 

WHEREAS, Purchaser and the
Company are parties to that certain Agreement and Plan of Merger, dated as of the date hereof, as amended, modified or supplemented from
time to time (the “Merger Agreement”), pursuant to which, among other things, Purchaser will, upon the terms
and subject to the conditions thereof, purchase all of the issued and outstanding capital stock of the Company (the “Merger”),
with the Company becoming a wholly-owned subsidiary of Purchaser;

 

WHEREAS, the Company, directly
and indirectly through its subsidiaries manufactures and designs equipment, and provides consulting and other services, for the greenhouse
and indoor cultivation industry (collectively, the “Business”);

 

WHEREAS, the Subject Party,
a Key Management Member, has contributed to the value of the Company and its subsidiaries and has obtained extensive and valuable knowledge
and confidential information concerning the Business of the Company and its subsidiaries;

 

WHEREAS, the Subject Party’s
execution of this Agreement is a material inducement to the Purchaser and the Company to consummate the transactions contemplated by the
Merger Agreement (the “Transactions”) and to realize the goodwill of the Company and its subsidiaries, for which
the Subject Party and/or its Affiliates will receive a substantial direct or indirect financial benefit which the Subject Party agrees
constitutes adequate consideration for entering into this Agreement; and

 

WHEREAS, in connection with,
and as a condition to the execution and delivery of the Merger Agreement and the consummation of the Transactions, and to enable the Purchaser
to secure more fully the benefits of the Transactions, including the protection and maintenance of the goodwill and confidential information
of the Company and its subsidiaries, the Purchaser has required that the Subject Party enter into this Agreement.

 

NOW, THEREFORE, in order to
induce the Purchaser to enter into the Merger Agreement and consummate the Transactions, and for other good and valuable consideration,
the receipt and sufficiency of which is hereby acknowledged, the Subject Party hereby agrees as follows:

 

1. Restriction on Competition.

 

(a) Restriction.
The Subject Party hereby agrees that during the period from the Closing until the two (2) year anniversary of the Closing Date (the
 “Restricted Period”) the Subject Party will not, and will cause its Affiliates not to, directly or indirectly,
without the prior written consent of the Purchaser (which may be withheld in its sole discretion), anywhere in the United States or in
any other markets in which the Covered Parties are currently engaged, or are actively contemplating to become engaged, in the Business
as of the Closing Date or during the Restricted Period (the “Territory”), directly or indirectly engage in the
Business (other than through a Covered Party) or own, manage, finance or control, or participate in the ownership, management, financing
or control of, or become engaged or serve as an officer, director, member, partner, employee, agent, consultant, contractor, advisor or
representative of, a business or entity (other than a Covered Party) that engages in the Business (a “Competitor”).
Notwithstanding the foregoing, the Subject Party and its Affiliates may own passive investments of no more than two percent (2%) of any
class of outstanding equity interests in a Competitor, so long as the Subject Party and its Affiliates and immediate family members are
not involved in the management or control of such Competitor (“Permitted Ownership”).

 

     

     

    

 

(b) Acknowledgment.
The Subject Party acknowledges and agrees, based upon the advice of legal counsel which the Subject Party acknowledges has been sought
by and provided to the Subject Party to its satisfaction and the Subject Party’s own education, experience and training, that (i) the
Subject Party possesses knowledge of confidential information of the Company and its subsidiaries and the Business, (ii) the Subject
Party’s execution of this Agreement is a material inducement to the Purchaser and the Company to consummate the Transactions and
to realize the goodwill of the Company and its subsidiaries, for which the Subject Party and/or its Affiliates will receive a substantial
direct or indirect financial benefit which the Subject Party agrees constitutes adequate consideration for entering into this Agreement,
and that the Purchaser and the Company would not have entered into the Merger Agreement or consummated the Transactions but for the Subject
Party’s agreements set forth in this Agreement; (iii) it would impair the goodwill of the Company and its subsidiaries and
reduce the value of the assets of the Company and its subsidiaries and cause serious and irreparable injury if the Subject Party were
to use its ability and knowledge by engaging in the Business in competition with a Covered Party, and/or to otherwise breach the obligations
contained herein and that the Covered Parties would not have an adequate remedy at law because of the unique nature of the Business, (iv) the
Subject Party and its Affiliates have no intention of engaging in the Business (other than through the Covered Parties) during the Restricted
Period other than through Permitted Ownership, (v) the relevant public policy aspects of restrictive covenants, covenants not to
compete and non-solicitation provisions have been discussed, and every effort has been made to limit the restrictions placed upon the
Subject Party to those that are reasonable and necessary to protect the Covered Parties’ legitimate interests, (vi) the Covered
Parties conduct and intend to conduct the Business everywhere in the Territory and compete with other businesses that are or could be
located in any part of the Territory, (vii) the foregoing restrictions on competition are fair and reasonable in type of prohibited
activity, geographic area covered, scope and duration and do not impose an undue hardship on the Subject Party and will not prevent the
Subject Party from earning a living, (viii) the consideration provided to the Subject Party under this Agreement and the Merger Agreement
is not illusory, and (ix) such provisions do not impose a greater restraint than is necessary to protect the goodwill or other business
interests of the Covered Parties.

 

2. No Solicitation; No
Disparagement.

 

(a) No Solicitation
of Employees and Consultants. The Subject Party agrees that, during the Restricted Period, the Subject Party and its Affiliates will
not, without the prior written consent of the Purchaser (which may be withheld in its sole discretion), either on its own behalf or on
behalf of any other Person (other than, if applicable, a Covered Party in the performance of the Subject Party’s duties on behalf
of the Covered Parties), directly or indirectly: (i) hire or engage as an employee, independent contractor, consultant or otherwise
any Covered Personnel (as defined below), provided that with respect to this Section 2(a)(i), the Purchaser’s
consent shall not be unreasonably withheld; solicit, induce, encourage or otherwise knowingly cause (or attempt to do any of the foregoing)
any Covered Personnel to leave the service (whether as an employee, consultant or independent contractor) of any Covered Party; or (iii) in
any way interfere with or attempt to interfere with the relationship between any Covered Personnel and any Covered Party; provided,
however, the Subject Party and its Affiliates will not be deemed to have violated this Section 2(a) if any Covered
Personnel voluntarily and independently solicits an offer of employment from the Subject Party or its Affiliate (or other Person whom
any of them is acting on behalf of) by responding to a general advertisement or solicitation program conducted by or on behalf of the
Subject Party or its Affiliate (or such other Person whom any of them is acting on behalf of) that is not targeted at such Covered Personnel
or Covered Personnel generally, so long as such Covered Personnel is not hired. For purposes of this Agreement, “Covered Personnel”
shall mean any Person who is or was an employee, consultant or independent contractor of the Covered Parties, as of such date of the relevant
act prohibited by this Section 2(a) or during the one (1) year period preceding such date.

 

(b) Non-Solicitation
of Customers and Suppliers. The Subject Party agrees that, during the Restricted Period, the Subject Party and its Affiliates will
not, directly or indirectly, without the prior written consent of the Purchaser (which may be withheld in its sole discretion), individually
or on behalf of any other Person or entity (other than, if applicable, a Covered Party in the performance of the Subject Party’s
duties on behalf of the Covered Parties), directly or indirectly: (i) solicit, induce, encourage or otherwise knowingly cause (or
attempt to do any of the foregoing) any Covered Customer (as defined below) to (A) cease being, or not become, a client or customer
of any Covered Party with respect to the Business or (B) reduce the amount of business of such Covered Customer with any Covered
Party, or otherwise alter such business relationship in a manner adverse to any Covered Party, in either case, with respect to or relating
to the Business; (ii) interfere with or disrupt (or attempt to interfere with or disrupt) the contractual relationship between any
Covered Party and any Covered Customer; (iii) divert any business with any Covered Customer relating to the Business from a Covered
Party; (iv) solicit for business, provide services to, engage in or do business with, any Covered Customer for products or services
that are part of the Business; or (v) interfere with or disrupt (or attempt to interfere with or disrupt), any Person that was a
vendor, supplier, distributor, agent or other service provider of a Covered Party at the time of such interference or disruption, for
a purpose competitive with a Covered Party as it relates to the Business. For purposes of this Agreement, a “Covered Customer”
shall mean any Person or entity who is or was an actual customer, contractor or client (or prospective customer, contractor or client
with whom a Covered Party actively marketed or made or taken specific action to make a proposal) of a Covered Party, as of such date of
the relevant act prohibited by this Section 2(b) or during the one (1) year period preceding such date.

 

     

     

    

 

(c) Non-Disparagement.
The Subject Party agrees that during the Restricted Period, the Subject Party and its Affiliates will not, directly or indirectly engage
in any conduct that involves the making or publishing (including through electronic mail distribution or online social media) of any written
or oral statements or remarks (including the repetition or distribution of derogatory rumors, allegations, negative reports or comments)
that are disparaging, deleterious or damaging to the integrity, reputation or good will of one or more Covered Parties or their respective
management, officers, employees, independent contractors or consultants. Notwithstanding the foregoing, subject to Section 3
below, the provisions of this Section 2(c) shall not restrict the Subject Party or its Affiliates from providing truthful
testimony or information in response to a subpoena or investigation by a Governmental Authority or in connection with any legal action
by the Subject Party or its Affiliate against any Covered Party under this Agreement, the Merger Agreement or any other Ancillary Document
that is asserted by the Subject Party or its Affiliate in good faith.

 

3.
Confidentiality. From and after the Closing Date, the Subject Party will, and will cause its Representatives to, keep confidential
and not (except, if applicable, in the performance of the Subject Party’s duties on behalf of the Covered Parties) directly or indirectly
use, disclose, reveal, publish, transfer or provide access to, any and all Covered Party Information without the prior written consent
of the Purchaser (which may be withheld in its sole discretion). As used in this Agreement, “Covered Party Information”
means all material and information relating to the business, affairs and assets of any Covered Party, including material and information
that concerns or relates to such Covered Party’s bidding and proposal, technical information, computer hardware or software, administrative,
management, operational, data processing, financial, marketing, customers, sales, human resources, employees, vendors, business development,
planning and/or other business activities, regardless of whether such material and information is maintained in physical, electronic,
or other form, that is: (A) gathered, compiled, generated, produced or maintained by such Covered Party through its Representatives,
or provided to such Covered Party by its suppliers, service providers or customers; and (B) intended and maintained by such Covered
Party or its Representatives, suppliers, service providers or customers to be kept in confidence. Covered Party Information also includes
information disclosed to any Covered Party by a third party to the extent that a Covered Party has an obligation of confidentiality in
connection therewith. The obligations set forth in this Section 3 will not apply to any Covered Party Information where the
Subject Party can prove that such material or information: (i) is known or available through other lawful sources not bound by a
confidentiality agreement or other confidentiality obligation with respect to such material or information; (ii) is or becomes publicly
known through no violation of this Agreement or other non-disclosure obligation of the Subject Party or any of its Representatives; (iii) is
already in the possession of the Subject Party at the time of disclosure through lawful sources not bound by a confidentiality agreement
or other confidentiality obligation as evidenced by the Subject Party’s documents and records; or (iv) is required to be disclosed
pursuant to an order of any administrative body or court of competent jurisdiction (provided that (A) the applicable Covered Party
is given reasonable prior written notice, (B) the Subject Party cooperates (and causes its Representatives to cooperate) with any
reasonable request of any Covered Party to seek to prevent or narrow such disclosure and (C) if after compliance with clauses (A) and
(B) such disclosure is still required, the Subject Party and its Representatives only disclose such portion of the Covered Party
Information that is expressly required by such order, as it may be subsequently narrowed).

 

4.
Representations and Warranties. The Subject Party hereby represents and warrants, to and for the benefit of the Covered Parties
as of the date of this Agreement and as of the Closing Date, that: (a) the Subject Party has full power and capacity to execute and
deliver, and to perform all of the Subject Party’s obligations under, this Agreement; and (b) neither the execution and delivery
of this Agreement nor the performance of the Subject Party’s obligations hereunder will result directly or indirectly in a violation
or breach of any agreement or obligation by which the Subject Party is a party or otherwise bound. By entering into this Agreement, the
Subject Party certifies and acknowledges that the Subject Party has carefully read all of the provisions of this Agreement, and that the
Subject Party voluntarily and knowingly enters into this Agreement.

 

     

     

    

 

5.
Remedies. The covenants and undertakings of the Subject Party contained in this Agreement relate to matters which are of a
special, unique and extraordinary character and a violation of any of the terms of this Agreement may cause irreparable injury to the
Covered Parties, the amount of which may be impossible to estimate or determine and which cannot be adequately compensated. The Subject
Party agrees that, in the event of any breach or threatened breach by the Subject Party of any covenant or obligation contained in this
Agreement, each applicable Covered Party will be entitled to obtain the following remedies (in addition to, and not in lieu of, any other
remedy at law or in equity or pursuant to the Merger Agreement or the other Ancillary Documents that may be available to the Covered Parties,
including monetary damages), and a court of competent jurisdiction may award: (i) an injunction, restraining order or other equitable
relief restraining or preventing such breach or threatened breach, without the necessity of proving actual damages or that monetary damages
would be insufficient or posting bond or security, which the Subject Party expressly waives; and (ii) recovery of the Covered Party’s
attorneys’ fees and costs incurred in enforcing the Covered Party’s rights under this Agreement. The Subject Party hereby
consents to the award of any of the above remedies to the applicable Covered Party in connection with any such breach or threatened breach.
The Subject Party hereby acknowledges and agrees that in the event of any breach of this Agreement, any value attributed or allocated
to this Agreement (or any other non-competition agreement with the Subject Party) under or in connection with the Merger Agreement shall
not be considered a measure of, or a limit on, the damages of the Covered Parties.

 

6.
Survival of Obligations. The expiration of the Restricted Period will not relieve the Subject Party of any obligation or liability
arising from any breach by the Subject Party of this Agreement during the Restricted Period. The Subject Party further agrees that the
time period during which the covenants contained in Section 1 and Section 2 of this Agreement will be effective
will be computed by excluding from such computation any time during which the Subject Party is in violation of any provision of such Sections.

 

7. Miscellaneous.

 

(a) Notices. Any
notice, consent or request to be given in connection with any of the terms or provisions of this Agreement shall be in writing and shall
be sent or given in accordance with the terms of Section 10.2 of the Merger Agreement to the applicable party, with respect to the
Company and Purchaser, at the address set forth in Section 10.2 of the Merger Agreement, and, with respect to the Subject Party,
at its address set forth on the signature page to this Agreement.

 

(b) Integration and
Non-Exclusivity. This Agreement, the Merger Agreement and the other Ancillary Documents contain the entire agreement between the Subject
Party and the Covered Parties concerning the subject matter hereof. Notwithstanding the foregoing, the rights and remedies of the Covered
Parties under this Agreement are not exclusive of or limited by any other rights or remedies which they may have, whether at law, in equity,
by contract or otherwise, all of which will be cumulative (and not alternative). Without limiting the generality of the foregoing, the
rights and remedies of the Covered Parties, and the obligations and liabilities of the Subject Party and its Affiliates, under this Agreement,
are in addition to their respective rights, remedies, obligations and liabilities (i) under the laws of unfair competition, misappropriation
of trade secrets, or other requirements of statutory or common law, or any applicable rules and regulations and (ii) otherwise
conferred by contract, including the Merger Agreement and any other written agreement between the Subject Party or its Affiliate and any
of the Covered Parties. Nothing in the Merger Agreement will limit any of the obligations, liabilities, rights or remedies of the Subject
Party or the Covered Parties under this Agreement, nor will any breach of the Merger Agreement or any other agreement between the Subject
Party or its Affiliate and any of the Covered Parties limit or otherwise affect any right or remedy of the Covered Parties under this
Agreement. If any term or condition of any other agreement between the Subject Party or its Affiliate and any of the Covered Parties conflicts
or is inconsistent with the terms and conditions of this Agreement, the more restrictive terms will control as to the Subject Party or
its Affiliate, as applicable.

 

(c) Severability; Reformation.
Each provision of this Agreement is separable from every other provision of this Agreement. If any provision of this Agreement is found
or held to be invalid, illegal or unenforceable, in whole or in part, by a court of competent jurisdiction, then (i) such provision
will be deemed amended to conform to applicable laws so as to be valid, legal and enforceable to the fullest possible extent, (ii) the
invalidity, illegality or unenforceability of such provision will not affect the validity, legality or enforceability of such provision
under any other circumstances or in any other jurisdiction, and (iii) the invalidity, illegality or unenforceability of such provision
will not affect the validity, legality or enforceability of the remainder of such provision or the validity, legality or enforceability
of any other provision of this Agreement. The Subject Party and the Covered Parties will substitute for any invalid, illegal or unenforceable
provision a suitable and equitable provision that carries out, so far as may be valid, legal and enforceable, the intent and purpose of
such invalid, illegal or unenforceable provision. Without limiting the foregoing, if any court of competent jurisdiction determines that
any part hereof is unenforceable because of the duration, geographic area covered, scope of such provision, or otherwise, such court will
have the power to reduce the duration, geographic area covered or scope of such provision, as the case may be, and, in its reduced form,
such provision will then be enforceable. The Subject Party will, at a Covered Party’s request, join such Covered Party in requesting
that such court take such action.

 

     

     

    

 

(d) Amendment; Waiver.
This Agreement may not be amended or modified in any respect, except by a written agreement executed by the Subject Party, the Purchaser
and the Purchaser Representative (or their respective permitted successors or assigns). No waiver will be effective unless it is expressly
set forth in a written instrument executed by the waiving party (and if such waiving party is a Covered Party, the Purchaser Representative)
and any such waiver will have no effect except in the specific instance in which it is given. Any delay or omission by a party in exercising
its rights under this Agreement, or failure to insist upon strict compliance with any term, covenant, or condition of this Agreement will
not be deemed a waiver of such term, covenant, condition or right, nor will any waiver or relinquishment of any right or power under this
Agreement at any time or times be deemed a waiver or relinquishment of such right or power at any other time or times.

 

(e) Governing Law; Jurisdiction;
Jury Trial Waiver. Section 10.5, Section 10.6, and Section 10.7 of the Merger Agreement are incorporated by reference
herein to apply with full force to any disputes arising under this Agreement.

 

(f) Successors and Assigns;
Third Party Beneficiaries. This Agreement will be binding upon the Subject Party and the Subject Party’s estate, successors
and assigns, and will inure to the benefit of the Covered Parties, and their respective successors and assigns. Each Covered Party may
freely assign any or all of its rights under this Agreement, at any time, in whole or in part, to any Person which acquires, in one or
more transactions, at least a majority of the equity securities (whether by equity sale, merger or otherwise) of such Covered Party or
all or substantially all of the assets of such Covered Party and its subsidiaries, taken as a whole, without obtaining the consent or
approval of the Subject Party. The Subject Party agrees that the obligations of the Subject Party under this Agreement are personal and
will not be assigned by the Subject Party. Each of the Covered Parties are express third party beneficiaries of this Agreement and will
be considered parties under and for purposes of this Agreement.

 

(g) Purchaser Representative
Authorized to Act on Behalf of Covered Parties. The parties acknowledge and agree that the Purchaser Representative is authorized
and shall have the sole right to act on behalf of Purchaser and the other Covered Parties under this Agreement, including the right to
enforce the Purchaser’s rights and remedies under this Agreement. Without limiting the foregoing, in the event that the Subject
Party serves as a director, officer, employee or other authorized agent of a Covered Party, the Subject Party shall have no authority,
express or implied, to act or make any determination on behalf of a Covered Party in connection with this Agreement or any dispute or
Action with respect hereto.

 

(h) Construction.
The Subject Party acknowledges that the Subject Party has been represented, or had the opportunity to be represented by, counsel of the
Subject Party’s choice. Any rule of construction to the effect that ambiguities are to be resolved against the drafting party
will not be applied in the construction or interpretation of this Agreement. Neither the drafting history nor the negotiating history
of this Agreement will be used or referred to in connection with the construction or interpretation of this Agreement. The headings and
subheadings contained in this Agreement are for reference purposes only and shall not affect in any way the meaning or interpretation
of this Agreement. In this Agreement: (i) the words “include,” “includes” and “including” when
used herein shall be deemed in each case to be followed by the words “without limitation”; (ii) the definitions contained
herein are applicable to the singular as well as the plural forms of such terms; (iii) whenever required by the context, any pronoun
shall include the corresponding masculine, feminine or neuter forms, and the singular form of nouns, pronouns and verbs shall include
the plural and vice versa; (iv) the words “herein,” “hereto,” and “hereby” and other words of
similar import shall be deemed in each case to refer to this Agreement as a whole and not to any particular Section or other subdivision
of this Agreement; (v) the word “if” and other words of similar import when used herein shall be deemed in each case
to be followed by the phrase “and only if”; (vi) the term “or” means “and/or”; and (vii) any
agreement or instrument defined or referred to herein or in any agreement or instrument that is referred to herein means such agreement
or instrument as from time to time amended, modified or supplemented, including by waiver or consent and references to all attachments
thereto and instruments incorporated therein.

 

     

     

    

 

(i) Counterparts.
This Agreement may be executed in one or more counterparts, and by the different parties hereto in separate counterparts, each of which
when executed shall be deemed to be an original but all of which taken together shall constitute one and the same agreement. A photocopy,
faxed, scanned and/or emailed copy of this Agreement or any signature page to this Agreement, shall have the same validity and enforceability
as an originally signed copy.

 

(j) Effectiveness.
This Agreement shall be binding upon the Subject Party upon the Subject Party’s execution and delivery of this Agreement, but this
Agreement shall only become effective upon the consummation of the Transactions. In the event that the Merger Agreement is validly terminated
in accordance with its terms prior to the consummation of the Transactions, this Agreement shall automatically terminate and become null
and void, and the parties shall have no obligations hereunder.

 

[Remainder of Page Intentionally Left
Blank; Signature Page Follows]

 

     

     

    

 

IN WITNESS WHEREOF, the undersigned has duly executed
and delivered this Non-Competition and Non-Solicitation Agreement as of the date first written above.

 

	 	Subject Party: 
	 	 
	 	 

                                                                                 

	 	Name:

 

	 	Address for
    Notice:
	 	 
	 	Address:	 
	 	 	 
	 	Facsimile No.:	 
	 	Telephone No.:	 
	 	Email:	 

 

Acknowledged and accepted as of the date first written above:

 

The Purchaser:

 

LAKESHORE ACQUISITION II CORP.

 

	By:	 	 
	Name:	Bill Chen	 
	Title:	Chief Executive Officer	 

 

The Company:

 

NATURE’S MIRACLE INCORPORATED,

 

	By:	 	 
	Name:	 	 
	Title:	 	 

 

[Signature Page to Non-Competition and
Non-Solicitation Agreement]Exhibit 10.5

 

VOTING AGREEMENT

 

This Voting Agreement (this
 “Agreement”) is made as of [__], by and among Lakeshore Acquisition II Corp., a Cayman Islands exempted company
(together with its successors, the “Purchaser”), RedOne Investment Limited (the “Sponsor”),
and each of the individuals and entities set forth on the signature page hereto (each a “Voting Party”
and collectively, the “Voting Parties”). For purposes of this Agreement, capitalized terms used and not defined
herein shall have the respective meanings ascribed to them in the Merger Agreement (as defined below). This Agreement shall be effective
as of the Closing Date of the Merger.

 

RECITALS

 

WHEREAS,
Purchaser, Nature’s Miracle Inc., a Delaware corporation (the “Company”), LBBB Merger Sub Inc., a Delaware
corporation and wholly-owned subsidiary of the Purchaser (the “Merger Sub”), the Sponsor and certain stockholders
of the Company have entered into that certain Merger Agreement (as may be amended from time to time, the “Merger Agreement”),
dated as of September 9, 2022;

 

WHEREAS,
each of the Voting Parties, currently owns, or on the closing of the transactions contemplated by the Merger Agreement, will own, shares
of Company’s common stock, and wishes to provide for orderly elections of Purchaser’s Board of Directors after the Closing
Date (the “Post-Closing Board of Directors”) as described herein; and

 

WHEREAS,
as of the Effective Time, one director designated by Sponsor has been elected to the Post-Closing Board of Directors.

 

NOW
THEREFORE, in consideration of the foregoing and of the promises and covenants contained herein, the receipt and sufficiency
of which are hereby acknowledged, the parties hereto agree as follows:

 

AGREEMENT

 

1            Agreement
to Vote. During the term of this Agreement, each Voting Party agrees to vote all shares of capital stock of Purchaser that such Voting
Party owns from time to time and are entitled to vote (hereinafter referred to as the “Voting Shares”) in the
election of the Post-Closing Board of Directors, in accordance with the provisions of this Agreement, whether at a regular or special
meeting of shareholders or by written consent.

 

2.            Election
of Boards of Directors.

 

2.1            Voting;
Initial Designee. During the term of this Agreement, each Voting Party agrees to vote all Voting Shares for the election as a member
of the Post-Closing Board of Directors of the nominee designated by the Sponsor at each regular or special meeting of Parent stockholders
where such nominee stands for such election at such meeting. 

 

     

     

    

 

2.2            Number
of Designees; Notice to Purchaser.

 

(a)            Prior
to the termination of this Agreement, for so long as the Sponsor and/or its Affiliates, either individually or as a group (as such term
is construed in accordance with the Exchange Act), beneficially own at least twenty-five percent (25%) of the Closing Sponsor Shares
(as defined below), Purchaser shall include in the slate of nominees recommended by the Post-Closing Board of Directors for election
as directors at each applicable annual or special meeting of the stockholders of Purchaser at which directors are to be elected, one
individual designated by the Sponsor; provided, however, that from and after the date on which Sponsor and/or its Affiliates
cease to hold at least twenty five percent (25%) of the Closing Sponsor Shares (a “75% Reduction”), Purchaser
shall have no obligation to recommend any nominees designated by Sponsor for election at any subsequent annual or special meeting of
the stockholders of Purchaser at which directors are to be elected.

 

(b)            No
less than five (5) Business Days following the Closing, Sponsor shall provide written notice to Purchaser specifying the number
of shares of capital stock of Purchaser held by Sponsor and/or its Affiliates individually or as a group (as such term is construed in
accordance with the Exchange Act) as of the Effective Time, including any shares of capital stock of Purchaser that Sponsor and/or its
Affiliates are entitled to receive as Merger Consideration in connection with the consummation of the Merger (the “Closing
Sponsor Shares”).

 

(c)            No
less than five (5) Business Days after the occurrence of a 75% Reduction, Sponsor shall provide written notice thereof to Purchaser.

 

2.3            Advance
Resignation Letters. Purchaser may require, prior to or at any time after becoming a member of the Post-Closing Board of Directors,
the designee of Sponsor elected to the Post-Closing Board of Directors (as may be replaced from time to time, a “Sponsor
Designee”) to execute and deliver an undated resignation letter (each, a “Resignation Letter”)
to the Secretary of Purchaser, which Purchaser agrees shall not be dated or become effective until such time as such Sponsor Designee’s
resignation is required pursuant to Section 2.4(a).

 

2.4            Removal
of Directors; Obligations; Vacancies.

 

(a)            Sponsor
hereby acknowledges and agrees that, upon the occurrence of a 75% Reduction, Purchaser may effect the resignation of the Sponsor Designee
pursuant to the dating of the applicable Resignation Letter of such Sponsor Designee as of the date of the 75% Reduction, with such resignation
deemed to have occurred, and being effective as of, such date. In the event Sponsor does not deliver the notice required pursuant to
Section 2.2(c) by the date that is five (5) Business Days after the occurrence of a 75% Reduction, Purchaser has the right,
upon otherwise becoming aware of the occurrence of a 75% Reduction, to take the actions specified in the immediately preceding sentence.

 

(b)            The
obligations of the Voting Parties pursuant to this Section 2 shall include any shareholder vote to amend Purchaser’s amended
and restated memorandum and articles of association as required to effect the intent of this Agreement. Each of Sponsor, the Voting Parties
and Purchaser agree to take all actions required to ensure that the rights given to each Voting Party and Sponsor hereunder are effective
and that each Voting Party and Sponsor enjoys the benefits thereof. Each of Sponsor, the Voting Parties and Purchaser further agree not
to take any actions that would contravene or materially and adversely affect the provisions of this Agreement. The parties acknowledge
that the fiduciary duties of each member of the Post-Closing Board of Directors are to Purchaser’s shareholders as a whole.

 

(c)            In
the event any director elected pursuant to the terms hereof ceases to serve as a member of the Post-Closing Board of Directors, except
for as the result of any 75% Reduction, Purchaser, the Sponsor and the Voting Parties agree to vote the Voting Shares for the election
or appointment of such other person designated by the Sponsor to the Post-Closing Board of Directors in accordance with the terms provided
herein (each such Person, a “Replacement Designee”); provided, however, that any Replacement Designee
must (i) be reasonably acceptable to the Post-Closing Board of Directors (such acceptance not to be unreasonably withheld), (ii) qualify
as “independent” pursuant to NASDAQ listing standards, (iii) have the relevant financial and business experience to
be a director of Purchaser, and (iv) satisfy the publicly disclosed guidelines and policies of Purchaser with respect to service
on the Post-Closing Board of Directors. In the event any Replacement Designee does not satisfy one or more of the requirements set forth
in clauses (i) through (iv) above, Sponsor shall have the right to recommend additional Replacement Designees whose appointment
shall be subject to approval in accordance with the procedures described in this Section 2.5(c).

 

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3.            Representations
and Warranties of the Sponsor and the Voting Parties. Each Voting Party and the Sponsor hereby represents and warrants to Purchaser
as follows:

 

3.1            Organization
and Power. Such Person is duly organized, validly existing, and in good standing under the laws of the jurisdiction of its formation
and has all requisite power and authority to carry on its business as presently conducted and as proposed to be conducted.

 

3.2            Authorization.
Such Person has full power and authority to enter into this Agreement. This Agreement, when executed and delivered by such Person, shall
constitute the valid and legally binding obligation of such Person, enforceable in accordance with its terms, except: (i) as limited
by applicable bankruptcy, insolvency, reorganization, moratorium, fraudulent conveyance and any other laws of general application affecting
enforcement of creditors’ rights generally; or (ii) as limited by laws relating to the availability of specific performance,
injunctive relief or other equitable remedies.

 

3.3            Governmental
Consents and Filings. No consent, approval, order or authorization of, or registration, qualification, designation, declaration or
filing with, any federal, state or local governmental authority is required on the part of such Person in connection with the consummation
of the transactions contemplated by this Agreement.

 

3.4            Compliance
with Other Instruments. The execution, delivery and performance by such Person of this Agreement and the consummation by such Person
of the transactions contemplated by this Agreement will not result in any violation or default: (a) of any provisions of its organizational
documents, if applicable; (b) of any instrument, judgment, order, writ or decree to which it is a party or by which it is bound;
(c) under any note, indenture or mortgage to which it is a party or by which it is bound; (d) under any lease, agreement, contract
or purchase order to which it is a party or by which it is bound; or (e) of any provision of any federal or state statute, rule or
regulation applicable to such Person, in each case (other than clause (a)), which would have a material adverse effect on such Person
or its ability to consummate the transactions contemplated by this Agreement.

 

4.            Successors
in Interest of the Voting Parties and Purchaser. The provisions of this Agreement shall be binding upon the successors in interest
of any Voting Party with respect to any of such Voting Party’s Voting Shares or any voting rights therein, unless the Voting Shares
are sold on Nasdaq or any other national securities exchange. Each Voting Party shall not, and Purchaser shall not, permit the transfer
of any Voting Party’s Voting Shares (except for sales of Voting Shares on Nasdaq or any other national securities exchange), unless
and until the person to whom such securities are to be transferred shall have executed a written agreement pursuant to which such person
agrees to become a party to this Agreement and agrees to be bound by all the provisions hereof as if such person was a Voting Party hereunder.
Notwithstanding the foregoing, the Parties hereto agree and acknowledge that each of the Voting Parties has entered into a Company Stockholders’
Lock-Up Agreement and has agreed not to transfer any of the Voting Party’s Voting Shares except in accordance with the Company
Stockholders’ Lock-Up Agreement.

 

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5.            Public
Listing. During the term of this Agreement, Purchaser shall take all reasonable efforts for Purchaser to remain listed as a public
company on, and for the Purchaser Common Stock to be tradable over, Nasdaq.

 

6.            Grant
of Proxy. The parties agree that this Agreement does not constitute the granting of a proxy to any party or any other person; provided,
however, that should the provisions of this Agreement be construed to constitute the granting of proxies, such proxies shall be
deemed coupled with an interest and are irrevocable for the term of this Agreement.

 

7.            Specific
Enforcement. It is agreed and understood that monetary damages would not adequately compensate an injured party for the breach of
this Agreement by any party hereto, that this Agreement shall be specifically enforceable, and that any breach of this Agreement shall
be the proper subject of a temporary or permanent injunction or restraining order. Further, each party hereto waives any claim or defense
that there is an adequate remedy at Law for such breach or threatened breach and agrees that a party’s rights would be materially
and adversely affected if the obligations of the other parties under this Agreement were not carried out in accordance with the terms
and conditions hereof.

 

8.            Manner
of Voting. The voting of the Voting Shares pursuant to this Agreement may be effected in person, by proxy, by written consent or
in any other manner permitted by applicable Law.

 

9.            Termination.
This Agreement shall terminate automatically (without any action by any party) upon the earlier to occur of (a) the date that is
the third (3rd) anniversary of the date hereof and (b) the occurrence of a 75% Reduction, and thereafter shall immediately become
void and have no further force or effect, and no party hereto will have any further obligation or liability to any other party; provided,
however, that no such termination will relieve either party from liability for any breach of this Agreement by such party prior
to such termination.

 

10.            Amendments
and Waivers. Except as otherwise provided herein, any provision of this Agreement may be amended or the observance thereof may be
waived (either generally or in a particular instance and either retroactively or prospectively) only with the unanimous written consent
of (a) Purchaser, and (b) the holders of a majority of Voting Shares then held by the Voting Parties.

 

11.            Stock
Splits, Stock Dividends, etc. In the event of any stock split, stock dividend, recapitalization, reorganization or the like,
(a) any securities issued with respect to Voting Shares held by Voting Parties shall become Voting Shares for purposes of this Agreement
and (b) the Closing Sponsor Shares shall be appropriately adjusted on a pro rata basis and consistent with the terms of this Agreement.

 

12.            Severability.
A determination by a court or other legal authority that any provision that is not of the essence of this Agreement is legally invalid
shall not affect the validity or enforceability of any other provision hereof. The parties shall cooperate in good faith to substitute
(or cause such court or other legal authority to substitute) for any provision so held to be invalid a valid provision, as alike in substance
to such invalid provision as is lawful.

 

13.            Governing
Law. This Agreement and all disputes or controversies arising out of or relating to this Agreement, including the applicable statute
of limitations, shall be governed by and interpreted in accordance with the Laws of the State of Delaware, without giving effect to any
choice of law or conflict of law provision or rule (whether of the State of Delaware or any other jurisdiction) that would cause
the application of the Law of any jurisdiction other than the State of Delaware.

 

14.            Counterparts;
Electronic Signatures. This Agreement may be executed in counterparts, each of which shall constitute an original, but all of which
shall constitute one agreement. This Agreement shall become effective upon delivery to each party of an executed counterpart or the earlier
delivery to each party of original, photocopied, or electronically transmitted signature pages that together (but need not individually)
bear the signatures of all other parties.

 

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15.            Successors
and Assigns. Except as otherwise expressly provided in this Agreement, the provisions hereof shall inure to the benefit of, and be
binding upon, the successors and assigns of the parties hereto.

 

16.            Entire
Agreement. This Agreement constitutes the full and entire understanding and agreement among the parties, and supersedes any prior
agreement or understanding among the parties, with regard to the subjects hereof and thereof, and no party shall be liable or bound to
any other party in any manner by any warranties, representations or covenants except as specifically set forth herein or therein.

 

[Remainder of page intentionally left
blank; signature page follows]

 

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This Agreement is hereby executed effective as
of the date first set forth above.

 

	 	Purchaser:
	 	 
	 	LAKESHORE ACQUISITION II CORP.
	 	 
	 	By:	 
	 	Name: 	Bill Chen
	 	Title: 	Chief Executive Officer

 

[Signature Page to Voting Agreement]

 

     

     

    

 

	 	Sponsor:
	 	 
	 	REDONE INVESTMENT LIMITED
	 	 
	 	By:	 
	 	Name:	Bill Chen
	 	Title:	Manager

 

[Signature Page to Voting Agreement]

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