Document:

EX-10.27

 Exhibit 10.27 

Execution Version 
 Dated
23 November 2018 
 IMPORT IT CORP. 

as Chargor 
 and 

TAIPEI FUBON COMMERCIAL BANK CO., LTD. 

HONG KONG BRANCH 
 as Chargee 

CHARGE OVER BANK ACCOUNT 

 Table of Contents 
  

							
	 1
	 	 Definitions and interpretation
	  	 	1	 
			
	 2
	 	 Covenant to pay
	  	 	6	 
			
	 3
	 	 Charges and Assignments
	  	 	6	 
			
	 4
	 	 Set-off
	  	 	7	 
			
	 5
	 	 Restrictions
	  	 	7	 
			
	 6
	 	 Perfection
	  	 	7	 
			
	 7
	 	 Enforcement
	  	 	8	 
			
	 8
	 	 Application of proceeds
	  	 	12	 
			
	 9
	 	 Representations and warranties
	  	 	13	 
			
	 10
	 	 Bank Accounts
	  	 	15	 
			
	 11
	 	 General undertakings
	  	 	16	 
			
	 12
	 	 Duration of the security
	  	 	17	 
			
	 13
	 	 Expenses, liability and indemnity
	  	 	18	 
			
	 14
	 	 Payments
	  	 	18	 
			
	 15
	 	 Remedies
	  	 	19	 
			
	 16
	 	 Power of attorney
	  	 	19	 
			
	 17
	 	 Notices
	  	 	20	 
			
	 18
	 	 Counterparts
	  	 	20	 
			
	 19
	 	 Law and jurisdiction
	  	 	20	 
			
	 20    
	 	 Other matters
	  	 	21	 
		
	 Schedule 1 Initial administrative details of the parties
	  	 	23	 
		
	 Schedule 2 Bank accounts
	  	 	24	 
		
	 Schedule 3 Permitted Security
	  	 	25	 
		
	 Schedule 4 Notice and acknowledgement of charge
	  	 	26	 
		
	 Schedule 5 Powers of Chargee and Receiver
	  	 	28	 
		
	 EXECUTION PAGE
	  	 	30	 

 CHARGE OVER BANK ACCOUNT 
  

							
	Date:	  		  		  	23 November 2018
			
	PARTIES	  		  	
			
	 (1)   Chargor
	  	:	  	IMPORT IT CORP., a company incorporated under the laws of the British Virgin Islands whose registered office is situated at Intershore Consult (BVI) Limited of Intershore Chamber, Wickham Cay 1, P.O. Box 4342, Road Town, Tortola,
British Virgin Islands
			
	 (2)   Chargee
	  	:	  	TAIPEI FUBON COMMERCIAL BANK CO., LTD, whose principal place of business in Hong Kong is situated at 16/F, K11 Atelier, Victoria Dockside, 18 Salisbury Road, Tsim Sha Tsui, Kowloon, Hong Kong

 IT IS AGREED as follows: 
  

	(A)	 By a facility letter (“Facility Agreement”) dated 18 October 2018 issued by the Chargee to the
Chargor and ECMOHO (Hong Kong) Limited (collectively “the Borrowers”) and duly executed by them, the Chargee agreed to provide to the Borrowers revolving credit facility to the extent of USD25,000,000.00. 

 

	(B)	 It is a condition (amongst others) of the Facility Agreement that a charge of the Bank Account (as hereinafter
defined) be provided by the Chargor in favour of the Chargee as security for Secured Indebtedness (as hereinafter defined). 

INTERPRETATION 
  

	1	 Definitions and interpretation 

 

	1.1	 Definitions    In this Deed: 

“Account Bank” means a bank or other financial institution with which a Bank Account is held. 

“Authorisation” means a consent, permit, licence, approval or authorization of any governmental, judicial,
regulatory or other authority of any Relevant Jurisdiction. 
 “Bank Account” means: 

 

	 	(a)	 an account, if any, described in Schedule 2 (Bank Accounts); 

 

	 	(b)	 any account that replaces an account described in Schedule 2 (Bank Accounts);

  

	 	(c)	 any account established after the date of this Deed which is designated as a Bank Account by the Chargor and
the Chargee; and 

  

	 	(d)	 any other account with a bank or financial institution which cannot be drawn on by the account holder in the
ordinary course of its trading without the consent of the Chargee; 

 and “Bank Accounts”
shall be construed accordingly. 

  
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 “Borrowers” means the Chargor and ECMOHO (Hong Kong) Limited
collectively and “Borrower” means any of them and where the context requires includes their respective successors and assigns. 

“Charge of Inventories” means (i) a first legal floating charge of Inventories (as therein defined) to be
provided by the Chargor in favour of the Chargee as security for Secured Indebtedness and (ii) a first legal floating charge of Inventories (as therein defined) to be provided by ECMOHO (Hong Kong) Limited in favour of the Chargee as security
for Secured Indebtedness. 
 “Charge over Bank Account (1)” means a first legal fixed and floating charge over
Bank Account (as defined therein) to be provided by ECMOHO (Hong Kong) Limited in favour of the Chargee as security for Secured Indebtedness. 

“Charge over Receivables” means (i) a first legal fixed and floating charge over the Receivables (as
defined therein) to be provided by the Chargor in favour of the Chargee as security for Secured Indebtedness and (ii) a first legal fixed and floating charge over the Receivables (as defined therein) to be provided by ECMOHO (Hong Kong) Limited
in favour of the Chargee as security for Secured Indebtedness. 
 “Chargee Security” means the Security
created by this Deed and any other existing or future Security granted by the Chargor to the Chargee to secure the payment or other discharge of the Secured Indebtedness. 

“Chargee Security Document” means a document creating or evidencing Chargee Security. 

“Charged Assets” means the Fixed Charge Assets and the Floating Charge Assets. 

“Credit Facility” means the revolving credit facility to the extent of USD25,000,000.00 to be provided by the
Chargee to the Borrowers under the Facility Agreement.“Companies Ordinance” means the Companies Ordinance (Cap.622). 

“CPO” means the Conveyancing and Property Ordinance (Cap.219). 

“Deed” means this deed of charge over Bank Account including its amendments, supplements and replacements. 

“Disposal” means any transfer or other disposal of an asset or of an interest in an asset, or the creation of
any Right over an asset in favour of another person, but not the creation of Security. 
 “Enforcement Time”
means any time at which an Event of Default has occurred and is continuing. 
 “Encumbrance” means: 

 

	 	(i)	 any mortgage, charge, pledge, lien, encumbrance, hypothecation or other security interest or security
arrangement of any kind; 

  

	 	(ii)	 any arrangement whereby any rights are subordinated to any rights of any third party; and

  

	 	(iii)	 any contractual right of set-off. 

“Event of Default” means any event specified as such in Clause 7.1 and “prospective Event
of Default” means any event which with the giving of notice and/or the passage of time and/or the fulfillment of any other condition would be an Event of Default. 

  
 2 

 “Facility Agreement” means the facility letter dated 18 October 2018
issued by the Chargee to the Borrowers relating to the Credit Facility and including its amendments, supplements and replacements; 

“Finance Documents” means the Facility Agreement, this Deed, the Guarantees, the Charge Over Bank Account (1), the
Charge of Inventories, the Charge over Receivables, Share Charges and all other securities and documents relating to the Credit Facility and “Finance Document” means any of them. 

“Fixed Charge Assets” means those assets which are from time to time the subject of Clauses 3.2 (Fixed
charge) or 3.4 (Conversion of floating charge). 
 “Floating Charge Assets” means those assets
which are from time to time the subject of Clause 3.3 (Floating charge). 
 “Government” means the
Government of Hong Kong. 
 “Guarantees” means collectively (i) the guarantee to be provided by ECMOHO (Hong Kong)
Health Limited in favour of the Chargee as security for all liabilities due by the Borrowers to the Chargee to the extent of USD25,000,000.00 and interest, costs and expenses; and (ii) the guarantee to be provided by ECMOHO Limited in favour of
the Chargee as security for all liabilities due by the Borrowers to the Chargee to the extent of USD25,000,000.00 and interest, costs and expenses. 

“Hong Kong” means Hong Kong Special Administrative Region of the People’s Republic of China. 

“Insolvency Event”, in relation to a person, means: 
  

	 	(a)	 the dissolution, liquidation, provisional liquidation or receivership of that person or the entering into by
that person of a voluntary arrangement or scheme of arrangement with creditors; 

  

	 	(b)	 any analogous or similar procedure in any jurisdiction other than Hong Kong; or 

 

	 	(c)	 any other form of procedure relating to insolvency, reorganization or dissolution in any jurisdiction.

 “Obligations”, in relation to a person, means all obligations or liabilities of any kind of that person
from time to time, whether they are: 
  

	 	(a)	 to pay money or to perform (or not to perform) any other act; 

 

	 	(b)	 express or implied; 

  

	 	(c)	 present, future or contingent; 

 

	 	(d)	 joint or several; 

  

	 	(e)	 incurred as a principal or surety or in any other manner; or 

 

	 	(f)	 originally owing to the person claiming performance or acquired by that person from someone else.

 “Obligors” means all parties to the Finance Documents other than the Chargee and
“Obligor” means any one of them. 

  
 3 

 “Officer”, in relation to a person, means any officer, employee or agent of
that person. 
 “Permitted Security” means any Security, if any, described in Schedule 3 (Permitted
Security). 
 “Proceeds Account” means the Chargor’s account number [*] with the Chargee (which is
one of the Bank Accounts) or such other account as the Chargee may from time to time specify. 
 “Receivables” means
(1) all present and future book and other debts, revenues and other moneys due, owing, payable or incurred to, and claims of, the Chargor (whether actual or contingent), (2) benefit of any guarantees, indemnities or other assurances against
financial loss or security and the proceeds of all policies of insurances affecting the same, (3) all things in action which may give rise to debts, revenues or claims and any related rights, including (without limitation) reservation of
proprietary rights, rights of tracing and unpaid vendor’s liens and associated rights and (4) the benefit of all Rights relating to any of the foregoing. 

“Receiver” means one or more receivers or managers appointed, or to be appointed, under this Deed. 

“Registration Requirement” means a requirement of any Relevant Jurisdiction that this Deed be registered in order to ensure
its validity, enforceability or admissibility in evidence. 
 “Relevant Jurisdiction” means any jurisdiction in which the
Chargor is incorporated, registered, carries on business or owns any asset or whose laws apply in any way to the Chargor, its assets or its business. 

“Right” means any right, privilege, power or immunity, or any interest or remedy, of any kind, whether it is personal or
proprietary. 
 “Secured Indebtedness” means all moneys, obligations and liabilities whether actual or contingent now or
hereafter due owing or incurred to the Chargee by any of the Obligors under Finance Documents in whatever currency denominated and whether alone or jointly and whether as principal or surely when the same are due and including all costs and expenses
incurred by the Chargee relating thereto on a full indemnity basis. 
 “Security” means: 

 

	 	(a)	 any mortgage, charge, pledge, lien, hypothecation, assignment by way of security, trust arrangement for the
purpose of providing security or other security interest of any kind in any jurisdiction; 

  

	 	(b)	 any proprietary interest over an asset, or any contractual arrangement in relation to an asset, in each case
created in relation to any indebtedness and which has the same commercial effect as if security had been created over it; and 

  

	 	(c)	 any right of set-off created by agreement. 

“Share Charges” means (i) the first fixed legal charge of 9,393,800 Class B Ordinary Shares of ECMOHO Limited by
Behealth Limited in favour of the Bank as security for Secured Indebtedness; and (ii) the first fixed legal charge of 9,393,800 Class B Ordinary Shares of ECMOHO Limited by Uhealth Limited in favour of the Bank as security for Secured
Indebtedness. 

  
 4 

 “Tax” means any form of taxation, levy, duty, charge,
contribution or impost of whatever nature (including any applicable fine, penalty, surcharge or interest) imposed by any local, municipal, governmental, state, federal or other fiscal, revenue, customs and/or excise authority, body or official
competent to impose the same. 
 “USD” means United States Dollar, the lawful currency of the United States of
America. 
  

	1.2	 Interpretation In this Deed: 

 

	 	(a)	 the table of contents, the summary and the headings are inserted for convenience only and do not affect the
interpretation of this Deed; 

  

	 	(b)	 references to clauses and schedules are to clauses of, and schedules to, this Deed; 

 

	 	(c)	 references to any document are to that document as from time to time amended, supplemented, restated, novated
or replaced, however fundamentally; 

  

	 	(d)	 references to a person include an individual, firm, company, corporation, unincorporated body of persons and
any government entity; 

  

	 	(e)	 references to a person include its successors in title, permitted assignees and permitted transferees;

  

	 	(f)	 words importing the plural include the singular and vice versa; and 

 

	 	(g)	 references to any enactment include that enactment as amended or
re-enacted; and, if an enactment is amended, any provision of this Deed which refers to that enactment will be amended in such manner as the Chargee, after consultation with the Chargor, determines to be
necessary in order to preserve the intended effect of this Deed. 

  
 5 

	1.3	 Where this Deed imposes an obligation on the Chargor to do something if required or requested by the Chargee,
it will do so as soon as practicable after it becomes aware of the requirement or request. 

  

	1.4	 It is intended that this document takes effect as a deed even though the Chargee may only execute it under
hand. 

  

	1.5	 The provisions of any other document relating to any obligation of the Chargee to make further advances are
deemed to be incorporated in this Deed. 

  

	1.6	 Where a definition of a type of asset in Clause 1.1 (Definitions) contains a number
of categories, each category will be construed as separate from each other category. 

  

	1.7	 The expression “Chargor” and “Chargee” shall where the context permits include the
respective successors and permitted assigns and any person deriving title under them. 

 SECURITY 

 

	2	 Covenant to pay 

The Chargor hereby covenants that it will on demand pay to the Chargee the Secured Indebtedness and discharge all moneys obligations and
liabilities whether actual or contingent now or hereinafter due owing or incurred to the Chargee by the Obligors under the Finance Documents in whatever currency denominated and whether alone or jointly and in whatever style name or form and whether
as principal or surety when the same are due including all costs and expenses incurred by the Chargee relating thereto on a full indemnify basis. 
  

	3	 Charges and Assignments 

 

	3.1	 Security for Secured Indebtedness

The charges and assignments contained in this Clause 3 are provided as security for the payment or other discharge of the Secured Indebtedness.

  

	3.2	 Fixed charge

The Chargor, as beneficial owner, charges to the Chargee, by way of first fixed charge, all of the Rights which it now has and all of the
Rights which it obtains at any time in the future in the Bank Accounts and in any Rights accruing to, derived from or otherwise connected with them (including insurances and proceeds of Disposal and of insurances). 

 

	3.3	 Floating charge  

The Chargor, as beneficial owner, charges to the Chargee, by way of first floating charge, the assets which are from time to time the subject
of Clause 3.2 (Fixed Charge) to the extent that they are not effectively charged by way of fixed charge under Clause 3.2 (Fixed charge). 
  

	3.4	 Conversion of floating charge

The Chargee may convert all or part of the floating charge created by the Chargor under Clause 3.3 (Floating
charge) into a fixed charge by giving notice to that effect to the Chargor and specifying the identity of the assets concerned. This may be done on one or more occasion, but only (a) during an Enforcement Time or (b) if the
Chargee reasonably considers that its security over the assets concerned is in jeopardy and that it is necessary to do so to protect or preserve its security. 

  
 6 

	3.5	 Assignments  

If requested by the Chargee to do so, the Chargor will execute an assignment of the Bank Accounts in such form as the Chargee may require and,
without prejudice to Clause 6 (Perfection), take such steps as the Chargee may require to perfect such assignment. 
  

	4	 Set-off 

 

	4.1	 Set-off of matured Secured Obligation  

 

	 	(a)	 The Chargee may set off any matured Secured Indebtedness due from the Chargor (to the extent beneficially owned
by the Chargee) against any matured obligation owed by the Chargee to the Chargor, regardless of the place of payment, booking branch or currency of either obligation. 

 

	 	(b)	 If the obligations are in different currencies, the Chargee may convert either obligation at a market rate of
exchange in its usual course of trading for the purpose of the set-off. 

  

	4.2	 Rights additional  

The Rights created by Clause 4.1 (set-off of matured Secured Indebtedness) are in
addition to the security conferred on the Chargee under this Deed. 
  

	5	 Restrictions 

  

	5.1	 Comply with restrictions  

The Chargor will ensure that the restrictions contained in this Clause 5 are complied with unless the Chargee agrees to the contrary. 

 

	5.2	 Negative pledge  

No Security will exist over, or in relation to, any Charged Asset other than Permitted Security. 

 

	5.3	 Restriction on disposal - Fixed Charge Assets 

There will be no Disposal of any Fixed Charge Asset. 
  

	5.4	 Restrictions on disposal - Floating Charge Assets  

There will be no Disposal of any Floating Charge Asset otherwise than for market value in the ordinary course of trading of the Chargor. 

 

	6	 Perfection 

  

	6.1	 General action 

 

	 	(a)	 The Chargor will, at its own expense, create all such Security, execute all such documents, give all such
notices, effect all such registrations (whether at the Hong Kong Companies Registry, an asset registry or otherwise), deposit all such documents and do all such other things as the Chargee may require from time to time in order to:

  
 7 

	 	(i)	 ensure that it has an effective first-ranking fixed charge over, or as the case may be assignment of, the Fixed
Charge Assets, subject only to such Permitted Security as the Chargee has agreed should rank in priority; 

  

	 	(ii)	 ensure that it has an effective first-ranking floating charge over the Floating Charge Assets, subject only to
such Permitted Security as the Chargee has agreed should rank in priority; and 

  

	 	(iii)	 facilitate the enforcement of the Chargee Security, the realisation of the Charged Assets or the exercise of
any Rights held by the Chargee or any Receiver under or in connection with the Chargee Security. 

  

	 	(b)	 The scope of Clause 6.1(a) (General Action) is not limited by the specific provisions of the rest
of this Clause 6 or by any other provision of the Chargee Security Documents. 

  

	6.2	 Bank Accounts  

If, at any time, the Chargor has a Right in respect of a Bank Account, it will, on the date of this Deed (or, if it acquires the Right later,
as soon as practicable after it does so): 
  

	 	(a)	 deliver a notice of this Deed to the Account Bank in respect of such Bank Account substantially in the form set
out in Schedule 4 (Notice and acknowledgement of charge) and 

  

	 	(b)	 use its best endeavours to procure that such Account Bank delivers an acknowledgement of the notice to the
Chargee substantially in the form set out in that Schedule as soon as reasonably practicable. 

  

	6.3	 Subsequent security  

If the Chargee receives notice that any Security has been created over the Charged Assets which the Finance Documents do not permit to rank in
priority to the Chargee Security, the Chargee will be treated as if it had immediately opened a new account for the Chargor, and all payments received by the Chargee from the Chargor will be treated as if they had been credited to the new account
and will not reduce the amount then due from the Chargor to the Chargee. 
 ENFORCEMENT 

 

	7	 Enforcement 

  

	7.1	 Each of the following events shall be an Event of Default:  

 

	 	(a)	 any of the Borrowers makes default in the payment on the due date and in accordance with the terms and
conditions under Facility Agreement of any principal or interest or other moneys outstanding and payable by any of them to the Chargee (whether demanded or not); 

 

	 	(b)	 any of the Obligors make default in the payment on the due date and in accordance with the terms and conditions
relating thereto under any Finance Documents in respect of money and other liabilities; 

  

	 	(c)	 any representation, warranty or undertaking by the Chargor is not complied with or proves to have been or to be
untrue or incorrect in any material respect when made or deemed to be made; 

  
 8 

	 	(d)	 any representation, warranty or undertaking by any of the Obligors under any Finance Documents is not complied
with or proves to have been or to be untrue or incorrect in any material respect when made or deemed to be made; 

  

	 	(e)	 any of the Borrowers does not comply with any of its covenants or obligations under the Facility Agreement in
any material respect; 

  

	 	(f)	 any of the Obligors does not comply with any of its covenants and obligation under any Finance Documents in any
material respect; 

  

	 	(g)	 a petition is presented or an order is made or an effective resolution is passed or analogous proceedings are
taken for the winding up of any of the Borrowers or any Obligor, save for the purposes of an amalgamation, merger or reconstruction the terms whereof have previously been approved by the Chargee; 

 

	 	(h)	 any of the Borrowers or any of the Obligors shall without the consent in writing of the Chargee stop payment to
creditors when due nor within any originally applicable grace period or (if applicable) the Company or any of the Obligors shall (otherwise than for the purpose of such an amalgamation, merger or reconstruction as is referred to in Sub-Clause 7.1(g)) cease or threaten to cease to carry on its business or any substantial part thereof or shall be unable to pay its debts or disposes of the whole or a substantial part of its undertaking or assets;

  

	 	(i)	 there occurs a material adverse change in any of the Borrowers’ or any Obligor’s financial condition
which would, in the reasonable opinion of the Chargee, prevent the Borrowers or any Obligor from performing in any material respect its obligations under this Deed or under any Finance Documents; 

 

	 	(j)	 the Chargor purports or attempts to create any Encumbrance over all or any part of the Charged Assets or any
third party asserts a reasonable and substantial claim in respect thereof (except as permitted under this Deed); 

  

	 	(k)	 the security hereby created or under any Finance Documents or any part thereof fails or ceases for any reason
to be in full force and effect or is terminated or jeopardised or becomes invalid or unenforceable or if there is any dispute regarding the same or if there is any purported termination of the same or it becomes impossible or unlawful for any of the
Borrowers or any Obligor to perform any of its obligations hereunder or under any Finance Documents or for the Chargee to exercise all or any of its rights, powers and remedies hereunder or under any Finance Documents; and 

 

	 	(l)	 a creditor takes possession of all or any part of the business or assets of any of the Borrowers or any Obligor
or any execution or other legal process is enforced against the business or any asset of any of the Borrowers or any Obligor and is not discharged within fourteen (14) days. 

 

  
 9 

	7.2	 If an Event of Default has occurred and is continuing, the Chargee may:  

 

	 	(a)	 declare the Secured Indebtedness, all loans and other moneys, obligations and liabilities hereby secured to be,
whereupon they shall become, immediately due and payable without further demand, notice or other legal formality of any kind; 

  

	 	(b)	 declare the Credit Facility to be terminated whereupon all obligations of the Chargee to make further advances
to the Borrowers shall immediately cease; 

  

	 	(c)	 demand that the Chargor to provide cash cover to the Chargee for all liabilities of the Borrowers to the
Chargee, whereupon the Borrowers shall be under an immediate obligation to provide such cash cover; and 

  

	 	(d)	 in its absolute discretion enforce all or any part of this security in any manner it sees fit or as the Chargee
direct including but limited to the sale and disposal of the Inventories at any price which the Chargee may deem fit. The Company shall not have any right to claim against the Chargee in respect of any loss arising out of any sale pursuant to this
Charge of Inventories in the absence of fraud, gross negligence or willful misconduct by the Chargee, however such loss may have been caused and whether or not a better price could or might have been obtained on the sale of any of the Inventories by
either deferring or advancing the date of such sale or otherwise howsoever. 

  

  
 10 

	7.3	 Time for enforcement  

The Chargee may enforce the Chargee Security at any time which is an Enforcement Time or if the Chargor requests it to do so. 

 

	7.4	 Methods of enforcement  

 

	 	(a)	 The Chargee may enforce the Chargee Security by: 

 

	 	(i)	 appointing a Receiver of any asset of the Chargor; 

 

	 	(ii)	 appropriating, going into possession of, receiving the benefit of or selling assets of the Chargor, giving
notice to the Chargor or any other person in relation to any assets of the Chargor, exercising a right of set-off or in any other way it may decide; 

 

	 	(iii)	 whether or not it has appointed a Receiver, exercising all or any of the powers, authorities and discretions
given to mortgagees and receivers by the CPO as varied or extended by this Deed or otherwise conferred by law; or 

  

	 	(iv)	 taking any other action it may decide in any jurisdiction other than Hong Kong. 

 

	 	(b)	 A Receiver may be appointed by an instrument in writing executed as a deed or under hand by any Officer of the
Chargee. 

  

	 	(c)	 The appointment of a Receiver may be made subject to such limitations as are specified by the Chargee in the
appointment. 

  

	 	(d)	 If more than one person is appointed as a Receiver, each person will have power to act independently of any
other, except to the extent that the Chargee may specify to the contrary in the appointment. 

  

	 	(e)	 The Chargee may remove or replace any Receiver. 

 

	 	(f)	 Any Receiver may be appointed Receiver of all of the Charged Assets or Receiver of a part of the Charged Assets
specified in the appointment. In the latter case, the Rights conferred on a Receiver as set out in Schedule 5 (Powers of Chargee and Receiver) shall have effect as though every reference in that schedule to any Charged
Assets were a reference to the part of those assets so specified or any part of those assets. 

  

	7.5	 Powers on enforcement  

 

	 	(a)	 A Receiver of the Chargor will have the following powers in respect of the Charged Assets:

  

	 	(i)	 the powers, rights, discretions, privileges and immunities given to a mortgagee or a receiver by any statute or
ordinance (including the CPO to the extent applicable, but without any restrictions imposed on the power of sale or consolidation of mortgages, charges or other securities); 

 

	 	(ii)	 the powers and rights set out in Schedule 5 (Powers of Chargee and Receiver);

  
 11 

	 	(iii)	 the power to do, or omit to do, on behalf of the Chargor, anything which the Chargor itself could have done, or
omitted to do, if the Charged Assets were not the subject of Security and the Chargor were not in insolvency proceedings; and 

  

	 	(iv)	 all other powers (if any) conferred on receivers by law or otherwise, 

and all of such powers and rights are exercisable without further notice. 

 

	 	(b)	 The Chargee is not required to give any prior notice of non-payment or
default to the Chargor before enforcing this Deed. There is no minimum period for which the Secured Indebtedness must remain due and unpaid before this Deed can be enforced and paragraph 11 of the Fourth Schedule to the CPO (and any similar
provision under other laws) does not apply to this Deed. 

  

	 	(c)	 Nothing done by or on behalf of the Chargee pursuant to this Deed shall render it liable to account as a
mortgagee in possession for any sums other than actual receipts. 

  

	 	(d)	 The Chargee will, if it enforces the Chargee Security itself, have the same powers as a Receiver in respect of
the assets which are the subject of the enforcement. 

  

	 	(e)	 Except to the extent provided by law, none of the powers described in this Clause 7 will be affected by an
Insolvency Event in relation to the Chargor. 

  

	7.6	 Status and remuneration of Receiver  

 

	 	(a)	 A Receiver will be the agent of the Chargor until the Chargor goes into liquidation. A Receiver will have no
authority to act as agent for the Chargee, even in the liquidation of the Chargor. 

  

	 	(b)	 The Chargee may from time to time determine the remuneration of any Receiver. 

 

	7.7	 Third parties  

A person dealing with the Chargee or with a Receiver is entitled to assume, unless it has actual knowledge to the contrary, that: 

 

	 	(a)	 those persons have the power to do those things which they are purporting to do; and 

 

	 	(b)	 they are exercising their powers properly. 

 

	8	 Application of proceeds 

All money received by the Chargee or a Receiver under or in connection with the Finance Documents (whether during, or before, enforcement of
the Chargee Security) will, subject to the rights of any persons having priority, be applied in the following order of priority: 

  
 12 

	 	(a)	 first, in or towards payment of all amounts payable to the Chargee, any Receiver or their Officers under
Clause 13 (Expenses, liability and indemnity) and all remuneration due to any Receiver under or in connection with the Chargee Security; 

 

	 	(b)	 secondly, in or towards payment of the Secured Indebtedness in such order as is required by the Finance
Documents or, if there is no such requirement, as decided by the Chargee (and, if any of the Secured Indebtedness are not then payable, by payment into a suspense account until they become payable); and 

 

	 	(c)	 thirdly, in payment of any surplus to the Chargor or other person entitled to it. 

REPRESENTATIONS AND UNDERTAKINGS 
  

	9	 Representations and warranties 

 

	9.1	 Representations and warranties 

The Chargor makes the representations and warranties set out in this Clause 9 to the Chargee on the date of this Deed. 

 

	 	(a)	 Status: The Chargor is a corporation, duly incorporated and validly existing under the laws of its
jurisdiction of incorporation. The Chargor has the power to own its assets and carry on its business as it is being conducted. 

  

	 	(b)	 Binding obligations: The obligations expressed to be assumed by the Chargor in this Deed are legal,
valid, binding and enforceable obligations and this Deed creates the security interests which it purports to create and those security interests are valid and effective. 

 

	 	(c)	 Non-conflict with other obligations: The entry into and
performance by the Chargor of, and the transactions contemplated by, this Deed and the granting of the Chargee Security do not and will not conflict with: 

  

	 	(i)	 any law or regulation applicable to it; 

 

	 	(ii)	 its constitutional documents; or 

 

	 	(iii)	 any agreement or instrument binding upon it or any of its assets or constitute a default or termination event
(however described) under any such agreement or instrument, 

 nor (except as provided in the Finance Documents) result in
the existence of, or oblige the Chargor to create, any Security over any of its assets. 

  
 13 

	 	(d)	 Power and authority: The Chargor has the power to enter into, perform and deliver, and has taken all
necessary action to authorise its entry into, performance and delivery of, this Deed and the transactions contemplated by this Deed. No limit on its powers will be exceeded as a result of the grant of Security contemplated by this Deed.

  

	 	(e)	 Validity and admissibility in evidence: All Authorisations required or desirable: 

 

	 	(i)	 to enable the Chargor lawfully to enter into, exercise its rights and comply with its obligations in this Deed;

  

	 	(ii)	 to make this Deed admissible in evidence in the Relevant Jurisdictions; and 

 

	 	(iii)	 to enable the Chargor to create the Security to be created by it pursuant to this Deed and to ensure that such
Security has the priority and ranking contemplated by this Deed, 

 have been obtained or effected and are in full force
and effect. 
  

	 	(f)	 Registration requirements: Except for registration of particulars of this Deed at the Companies Registry
in Hong Kong, it is not necessary to file, register or record this Deed in any public place or elsewhere. 

  

	 	(g)	 Governing law and enforcement: The choice of Hong Kong law as the governing law of this Deed will
be recognised and enforced in the Relevant Jurisdictions. Any judgment obtained in Hong Kong in relation to this Deed will be recognised and enforced in the Relevant Jurisdictions. 

 

	 	(h)	 Deduction of Tax: It is not required under the law applicable where the Chargor is incorporated or
resident or at the address specified in this Deed to make any deduction for or on account of Tax from any payment the Chargor may make under this Deed. 

  

	 	(i)	 No filing or stamp taxes: Except for registration fees associated with the registration of this Deed in
accordance with Clause 9.1(f) (Registration requirements), it is not necessary under the laws of any Relevant Jurisdiction that any stamp, registration, notarial or similar Taxes or fees be paid on or in relation to this Deed or the
transactions contemplated by this Deed. 

  

	 	(j)	 Ranking of Security. The Chargee Security has or will have first ranking priority and it is not subject
to any prior ranking or pari passu ranking Security. 

  

	 	(k)	 Legal and beneficial ownership: 

 

	 	(i)	 The Chargor is the sole legal and beneficial owner of the Rights under the Bank Accounts;

  

	 	(ii)	 all the Charged Assets are beneficially owned by the Chargor. 

 

	 	(l)	 Title to Charged Assets: The Chargor has good, valid and marketable title to, and all
appropriate Authorisations to use, the Charged Assets and has full power and authority to grant the Chargee the Security over the Charged Assets created pursuant to this Deed and to execute, deliver and perform its obligations in accordance with the
terms of this Deed without the consent or approval of any other person other than any consent or approval which has been obtained. 

  
 14 

	 	(m)	 Charged Assets: Each schedule which describes Charged Assets beneficially owned by the Chargor is a
true, accurate and complete list of such assets so owned by the Chargor at the date of this Deed. 

  

	 	(n)	 No Security: No Security exists over all or any of the Charged Assets other than a Permitted Security.

  

	 	(o)	 No disposal: The Chargor has not sold, transferred or otherwise disposed of, or agreed to sell, transfer
or otherwise dispose of, all or any of its rights, title and interest in the Charged Assets or any part thereof. 

  

	9.2	 Repetition  

The representations and warranties in Clause 9.1 (Representations and warranties) shall be deemed to be repeated by
the Chargor on each day until all the Secured Indebtedness have been paid or discharged in full, as if made with reference to the facts and circumstances existing on each such day. 

 

	10	 Bank Accounts 

 

	10.1	 Restrictions on alteration or waiver 

 

	 	(a)	 The Chargor will not: 

 

	 	(i)	 agree to close any Bank Account or agree to alter the terms applicable to any Bank Account; or

  

	 	(ii)	 waive its rights under a Bank Account, 

without the consent of the Chargee. 
  

	 	(b)	 The Chargee will give its consent under Clause 10.1(a) (Restrictions on alteration or
waiver) if, in its reasonable opinion, any such alteration or waiver will not materially affect the effectiveness or value of its security over the Bank Account concerned. 

 

	10.2	 Restriction on withdrawal from Bank Account 

 

	 	(a)	 The Chargor will not make any withdrawal from any Bank Account except with the prior consent of the Chargee.

  

	 	(b)	 The Chargee will give its consent under Clause 10.2(a) (Restriction on withdrawal from Bank
Account) if the withdrawal is permitted under any agreement binding the Chargee. 

  
 15 

	11	 General undertakings 

 

	11.1	 Authorisations 

 

	 	(a)	 The Chargor shall promptly: 

 

	 	(i)	 obtain, comply with and do all that is necessary to maintain in full force and effect; and

  

	 	(ii)	 supply a certified copy to the Chargee of any Authorisation required under any law or regulation of a Relevant
Jurisdiction to (A) enable it to perform its obligations under the this Deed, (B) ensure the legality, validity, enforceability or admissibility in evidence of this Deed or (C) carry on its business. 

 

	 	(b)	 The Chargor shall promptly make the registrations and comply with the other requirements specified in Clause
9.1(f) (Registration requirements). 

  

	11.2	 Maintain Charged Assets  

The Chargor will take all steps as are necessary to preserve the value and marketability of its Charged Assets. 

 

	11.3	 Notification of adverse effect  

The Chargor will notify the Chargee as soon as it becomes aware of any matter which might reasonably be expected to have an adverse effect on
the Rights of the Chargee under the Chargee Security. Those matters include a claim by any person to an interest in a Charged Asset. 
  

	11.4	 Request for information  

The Chargor will provide to the Chargee: 
  

	 	(a)	 such information about the Charged Assets; 

 

	 	(b)	 such information about the extent to which it has complied with its obligations under this Deed; and

  

	 	(c)	 copies of such documents which create, evidence or relate to its Charged Assets, 

as the Chargee may from time to time reasonably request. 
  

	11.5	 Receivables  

The Chargor shall ensure all Receivables shall be paid into Proceeds Account. 

 

	11.6	 Failure to comply with obligation 

If the Chargor does not comply with its obligations under this Deed, the Chargee may do so on the Chargor’s behalf on such basis as the
Chargee may reasonably decide. The Chargor will on demand indemnify the Chargee against the amount certified by the Chargee to be the cost, loss or liability suffered by it as a result of doing so. 

  
 16 

 MISCELLANEOUS  

 

	12	 Duration of the security 

 

	12.1	 Continuing security 

The Obligations of the Chargor under the Finance Documents and the security created by the Chargee Security will continue until the Secured
Indebtedness have been irrevocably and unconditionally paid or discharged in full, regardless of any intermediate payment or discharge in whole or in part. 
  

	12.2	 Reinstatement  

If any discharge, release or arrangement (whether in respect of the obligations of the Chargor or any security for those obligations or
otherwise) is made by the Chargee in whole or in part on the basis of any payment, security or other disposition which is avoided or must be restored in insolvency, liquidation, administration or otherwise, without limitation, then the liability of
the Chargor under this Deed will continue or be reinstated as if the discharge, release or arrangement had not occurred. 
  

	12.3	 Avoidance of payments 

If the Chargee reasonably determines that there exists a reasonable possibility of the avoidance or invalidation of any payment or repayment of
the Secured Indebtedness: 
  

	 	(a)	 the Chargee shall be entitled to retain this Deed and not to release any of the Charged Assets from the Chargee
Security; and 

  

	 	(b)	 if so required by the Chargee (acting reasonably), the Chargor shall promptly provide the Chargee with any
evidence (including, if required by the Chargee, a solvency report from the auditors of the Chargor in form and substance reasonably satisfactory to the Chargee) requested by the Chargee in order that it may determine whether or not at such time
there exists such a possibility. 

  

	12.4	 Retention of documents  

If the Chargee does determine that there exists such a reasonable possibility it shall be entitled to retain this Deed and not release the
Charged Assets for a period of one month plus the relevant statutory period after the Secured Indebtedness of the Chargor shall have been discharged in full. If at any time within such period an Insolvency Event occurs in relation to the Chargor or
of any other person that has given or made any relevant assurance, security, guarantee or payment in respect of the discharge of those Secured Indebtedness the Chargee may continue to retain this Deed and not release the Charged Assets for and
during such other period as the Chargee in its absolute discretion shall determine. 
  

	12.5	 Final redemption 

Subject, and without prejudice, to Clause 12.3 (Avoidance of payments), once the Chargee is satisfied that all the Secured
Indebtedness have been discharged in full and that all facilities which might give rise to Secured Indebtedness have terminated, the Chargee shall at the request and cost of the Chargor execute and do all such deeds, acts and things as may be
necessary to release or (as appropriate) re-assign the Charged Assets from the Chargee Security within fourteen (14) Business Days upon the request and at the cost of the Chargor. For the avoidance of
doubt, the Facility Agreement shall be terminated upon the above release. 

  
 17 

	13	 Expenses, liability and indemnity 

 

	13.1	 Costs and expenses  

The Chargor will, on demand, pay all legal and other costs and expenses (including any stamp duty, registration or other similar taxes)
incurred by the Chargee or by any Receiver in connection with the Chargee Security. This includes any costs and expenses relating to the enforcement or preservation of the Chargee Security or the Charged Assets and to any amendment, waiver, consent
or release required in connection with the Chargee Security. 
  

	13.2	 No liability or costs  

Neither the Chargee nor a Receiver nor any of their Officers will be in any way liable or responsible to the Chargor for any loss or liability
of any kind arising from any act or omission by it of any kind (whether as mortgagee in possession or otherwise) in relation to the Charged Assets or the Chargee Security, except to the extent caused by its gross negligence or wilful misconduct.

  

	13.3	 Indemnity to the Chargee 

The Chargor will, on demand, indemnify each of the Chargee, a Receiver and their Officers in respect of all costs, expenses, losses or
liabilities of any kind which it incurs or suffers in connection with: 
  

	 	(a)	 the taking, holding, protection or enforcement of the Chargee Security, 

 

	 	(b)	 any matter or thing done or omitted in any way in accordance with the terms of this Deed relating to the
Charged Assets; 

  

	 	(c)	 the exercise or purported exercise of any of the rights, powers, authorities, discretions and remedies
conferred on it under the Chargee Security or by law; 

  

	 	(d)	 a claim of any kind (whether relating to the environment or otherwise) made or asserted against it which would
not have arisen but for the execution or enforcement of this Deed or if the Chargee Security had not been granted; or 

  

	 	(e)	 any breach by any Obligor of the Finance Documents. 

 

	14	 Payments 

  

	14.1	 Payments in full  

All payments by the Chargor under the Chargee Security Documents will be made in full, without any
set-off or other deduction. 
  

	14.2	 Gross up  

If any Tax or other sum must be deducted from any amount payable by the Chargor under the Chargee Security Documents, the Chargor will pay such
additional amounts as are necessary to ensure that the recipient receives a net amount equal to the full amount it would have received before such deductions. 
  

	14.3	 Default interest  

If the Chargor fails to make a payment under the Chargee Security Documents, it will pay interest to that person on the amount concerned at the
Default Rate from the date it should have made the payment until the date of payment (after, as well as before, judgment). 

  
 18 

	14.4	 Currency indemnity  

No payment by the Chargor (whether under a court order or otherwise) will discharge any Obligation of the Chargor unless and until the Chargee
has received payment in full in the currency in which the Obligation is denominated. If, on conversion into that currency, the amount of the payment falls short of the amount of the Obligation concerned, the Chargee will have a separate cause of
action against the Chargor for the shortfall. 
  

	14.5	 Certificates and determinations  

Any certification or determination by the Chargee of an amount payable by the Chargor under this Deed is, in the absence of manifest error,
conclusive evidence of that amount. 
  

	15	 Remedies 

  

	15.1	 Rights additional  

The Rights created by this Deed are in addition to any other Rights of the Chargee against the Chargor or any other security provider under any
other documentation, the general law or otherwise. They will not merge with or limit those other Rights, and are not limited by them. 
  

	15.2	 No waiver  

No failure by the Chargee to exercise any Right under this Deed will operate as a waiver of that Right. Nor will a single or partial exercise
of a Right by the Chargee preclude its further exercise. 
  

	15.3	 Partial invalidity  

If, at any time, any provision of this Deed is or becomes illegal, invalid or unenforceable in any respect under any law of any jurisdiction,
neither the legality, validity or enforceability of the remaining provisions nor the legality, validity or enforceability of that provision in any other respect or under the law of any other jurisdiction will be affected or impaired in any way. 

 

	16	 Power of attorney 

The Chargor, by way of security, irrevocably appoints each of the Chargee and any Receiver severally to be its attorney: 

 

	 	(a)	 to do anything which the Chargor is obliged to do under the Chargee Security Documents; and

  

	 	(b)	 to exercise any of the Rights conferred on the attorney by the Chargee Security Documents or by law.

  
 19 

	17	 Notices 

  

	17.1	 Service of Proceedings  

 

	 	(a)	 Any notice, request, certificate, demand or other communication required to be given by any party hereto to the
other parties hereto shall be in writing and shall be deemed to have been so given if addressed to the addressee at its address in Hong Kong herein mentioned or to such other address in Hong Kong as may have been notified in writing by such party to
the other parties hereto in accordance with this Clause 17.1. 

  

	 	(b)	 Any notice, request, certificate, demand or other communication delivered personally shall be deemed to have
been given at the time of such delivery. Any notice, request, certificate, demand or other communication dispatched by letter postage prepaid shall be deemed to have been given forty eight (48) hours after posting. Any notice, request,
certificate, demand or other communication sent by telex or facsimile transmission shall be deemed to have been given at the time of dispatch and any notice, request, certificate, demand or other communication sent by cable shall be deemed to have
been given twenty four (24) hours after dispatch. Provided always that any notice, request, certificate, demand or other communication to be given by the Chargor to the Chargee shall only be effective upon actual receipt thereof by the Chargee
(as the case may be). 

  

	 	(c)	 Any legal process including any writ or originating summons or otherwise and any other summons or notice to be
served on a party by the other party hereto in any legal proceeding or action in any court or tribunal shall be deemed to be sufficiently and duly served forty-eight (48) hours after having been left or sent by ordinary pre-paid post to the addressee’s registered office or usual place of business in Hong Kong and in proving service it shall be sufficient to prove that the legal process or summons or notice was properly
addressed and posted or properly left (as the case may be) irrespective of whether the same is returned through the post undelivered to the addressee.  

 

	17.2	 Administrative details 

The initial administrative details of the parties are contained in Schedule 1 (Initial administrative details of the
parties) but a party may amend its own details at any time by notice to the other party. 
  

	17.3	 Delivery to registered office  

Any notice to the Chargor may alternatively be sent to its registered office or to any of its places of business or to any of its directors or
its company secretary; and it will be deemed to have been received when delivered to any such places or persons. 
  

	18	 Counterparts 

This Deed may be executed in any number of counterparts, and this has the same effect as if the signatures on the counterparts were on a single
copy of this Deed. 
  

	19	 Law and jurisdiction 

 

	19.1	 Governing law 

This Deed is governed by Hong Kong law. 

  
 20 

	19.2	 Jurisdiction of Hong Kong courts 

 

	 	(a)	 The courts of Hong Kong have exclusive jurisdiction to settle any dispute arising out of or in connection with
this Deed (including a dispute regarding the existence, validity or termination of this Deed) (a Dispute). 

  

	 	(b)	 The parties agree that the courts of Hong Kong are the most appropriate and convenient courts to settle
Disputes and, accordingly, that they will not argue to the contrary. 

  

	 	(c)	 Clause 19.2(a)(Jurisdiction of Hong Kong counts) is for the benefit of the Chargee only. As a result,
the Chargee will not be prevented from taking proceedings relating to a Dispute in any other courts with jurisdiction. To the extent allowed by law, the Chargee may take concurrent proceedings in any number of jurisdictions. 

 

	19.3	 Service of process  

 

	 	(a)	 The Chargor irrevocably appoints any Hong Kong process agent identified as such on the execution page at its
registered office from time to time to receive on the Chargor’s behalf process issued out of the Hong Kong courts in connection with this Deed. 

  

	 	(b)	 Failure by the process agent to notify the Chargor of the process will not invalidate the proceedings.

  

	 	(c)	 If this appointment is terminated for any reason, the Chargor will appoint a replacement agent and will ensure
that the new agent notifies the Chargee of its acceptance of appointment. 

  

	19.4	 Waiver of immunities 

The Chargor irrevocably waives, to the extent permitted by applicable law, with respect to itself and its revenues and assets (irrespective of
their use or intended use), all immunity on the grounds of sovereignty or other similar grounds from: 
  

	 	(a)	 suit; 

  

	 	(b)	 jurisdiction of any court; 

 

	 	(c)	 relief by way of injunction or order for specific performance or recovery of property; 

 

	 	(d)	 attachment of its assets (whether before or after judgment); and 

 

	 	(e)	 execution or enforcement of any judgment to which it or its revenues or assets might otherwise be entitled in
any proceedings in the courts of any jurisdiction (and irrevocably agrees, to the extent permitted by applicable law, that it will not claim any immunity in any such proceedings). 

 

	20	 Other matters 

 

	20.1	 Legal Representation: The Parties acknowledge that Messrs. Li, Wong, Lam & W.I. Cheung acts as
legal counsel of the Chargee only relating to this Deed. The Chargor will take separate legal advice as it sees fit.  

  
 21 

	20.2	 Third Party Rights: Nothing contained herein is intended to grant to any third party any right to
enforce any term hereof or to confer on any third party any right or benefit hereunder for the purposes of the Contracts (Rights of Third Parties) Ordinance and any enactment thereof and the application of the said Ordinance is expressly
excluded.  

 This Deed has been executed as a deed, and it has been delivered on the date stated at the beginning of this Deed.

  

  
 22 

 Schedule 1 

Initial administrative details of the parties 
  

							
	 Party
	  	 Address
	  	 Fax number
	  	 Attention

	 Chargor
	  	Intershore Consult (BVI)
Limited of Intershore
Chamber, Wickham Cay 1,
P.O. Box 4342, Road Town,
Tortola, British Virgin Islands	  	 ***
	  	Richard Wei
				
	 Chargee
	  	16/F, K11 Atelier, Victoria
Dockside, 18 Salisbury Road,
Tsim Sha Tsui, Kowloon,
Hong Kong	  	 ***
	  	Nicolus Tseng

  
 23 

 Schedule 2 

Bank accounts 
  

							
	 Bank
	  	 Account Holder
	  	 Account Name
	  	 Account Number

	Taipei Fubon Commercial Bank Co., Ltd. HK Branch	  		  	Import It Corp.	  	 ***

				
	Taipei Fubon Commercial Bank Co., Ltd. HK Branch	  		  	Import It Corp.	  	 ***

  
 24 

 Schedule 3 

Permitted Security 
  

	1	 Chargee Security. 

  
 25 

 Schedule 4 

Notice and acknowledgement of charge 

Form of notice and acknowledgement of charge of Bank Accounts 

To: [Account Bank] 
 Date: ● 

Dear Sirs 
 Notice of Charge 

 

	1	 We give you notice that, under a deed dated [*] entered into by us in favour of Taipei Fubon Commercial Bank
Co., Ltd. (the Chargee), we have charged to the Chargee by way of first fixed charge all of our rights in our [reserve/ Current] account with you (no. [*]) (the Account). 

 

	2	 We have agreed with the Chargee not to close the Account or to amend any of the terms applicable to the Account
or waive any of our rights under the Account without the consent of the Chargee. 

  

	3	 We instruct you: 

  

	 	(a)	 to honour withdrawals from the Account if requested by the Chargee; 

 

	 	(b)	 not to honour any withdrawals from the Account if requested by us, unless our instructions are countersigned by
the Chargee; and 

  

	 	(c)	 to disclose to the Chargee, without further approval from us, such information regarding the Account as the
Chargee may from time to time request and to send it copies of all statements and other notices issued by you in connection with the Bank Account. 

  

	4	 These instructions cannot be varied or terminated without the consent of the Chargee. 

 

	5	 Please sign the enclosed acknowledgement and return it to the Chargee at [address] marked for the
attention of [*]. 

  

	
	 Yours faithfully

	
	 [Name of Chargor]

	
	 By:
                                         
   

  

  
 26 

 Acknowledgement of Charge 

To: Taipei Fubon Commercial Bank Co., Ltd. 
 Date: [*] 

Dear Sirs 
  

	1	 We acknowledge receipt of the above notice. 

 

	2	 We have not received notice that any other person has an interest in the Account. 

 

	3	 We will comply with the instructions in the notice. 

 

	4	 We will not, without the Chargee’s consent, permit any amount to be withdrawn from the Account.

  

	5	 We will not, without the Chargee’s consent, exercise any right of combination, consolidation or set-off which we may have in respect of the Account. 

  

	
	Yours faithfully
	
	[Name of Account Bank]

			
		
	By :	 	  

			
		
	Date :	 	  

  

  
 27 

 Schedule 5 

Powers of Chargee and Receiver 
 The
Chargee or any Receiver appointed pursuant to Clause 7 (Enforcement) shall have the right and power, either in his own name or in the name of the Chargor or otherwise and in such manner and upon such terms and conditions as the Chargee or the
Receiver thinks fit, and either alone or jointly with any other person to: 
  

	1	 Take possession: take possession of, and get in all or any of, the Charged Assets;

  

	2	 Borrow money: raise or borrow any money from or incur any other liability to the Chargee or others on
such terms with or without security as the Chargee or the Receiver may think fit and so that any such security may be or include a charge on the whole or any part of the Charged Assets ranking in priority to this Deed or otherwise;

  

	3	 Dispose of assets: appropriate, sell by public auction or private contract, transfer, assign, exchange,
hire out, lend or otherwise dispose of or deal with all or any of the Charged Assets (including any fixtures, which may be sold separately from any Land) or concur in so doing in such manner for such consideration and generally on such terms and
conditions as the Chargee or the Receiver may think fit with full power to convey, sell, transfer, assign, exchange, hire out, lend or otherwise dispose of and so that covenants and contractual obligations may be granted and assumed in the name of
and so as to bind the Chargor if the Chargee or the Receiver shall consider it necessary or expedient so to do; any such sale, transfer, assignment, exchange, hiring out, lending or disposition may be for cash, debentures or other obligations,
shares, stock, securities or other valuable consideration and be payable immediately or by instalments spread over such period as the Chargee or the Receiver shall think fit and so that any consideration received or receivable shall ipso facto
forthwith be and become charged with the payment of all the Secured Indebtedness; 

  

	4	 Contracts: enter into any contract or arrangement in relation to the Charged Assets and perform,
repudiate, rescind or vary any contract or arrangement to which the Chargor is a party in relation to the Charged Assets; 

  

	5	 Legal proceedings: institute, continue, enforce, defend, settle or discontinue any actions, suits or
proceedings in relation to the Charged Assets or any part thereof or submit to arbitration as the Chargee or the Receiver may think fit; 

  

	6	 Right of ownership: exercise and do (or permit the Chargor or any nominee of it to exercise and do) all
such rights and things as the Chargee or the Receiver would be capable of exercising or doing if it were the absolute beneficial owner of the Charged Assets and in particular, without limitation, exercise any rights of enforcing any Security by
appropriation, entry into possession, foreclosure, sale or otherwise and to arrange for or provide all services which the Chargee or the Receiver may deem proper for the efficient management or use of the Charged Assets or the exercise of such
rights; 

  

	7	 Redemption of Security: redeem any Security (whether or not having priority to this Deed) over the
Charged Assets and to settle the accounts of any person with an interest in the Charged Asset; 

  

	8	 Spend Money: spend such sums as the Chargee or the Receiver may think fit in the exercise of any of the
powers set out herein and the Chargor shall forthwith on demand repay the Chargee or the Receiver (as the case may be) all sums so spent together with interest on those sums at such rates as the Chargee or the Receiver may from time to time
determine from the time they are paid or incurred and until repayment those sums (together with such interest) shall be secured by this Deed; and 

  
 28 

	9	 Execute documents: sign any document, execute any deed (with authorisation to use the common seal for
such purpose) and do all such other acts and things as may be considered by the Chargee or the Receiver to be incidental or conducive to any of the matters or powers aforesaid or to the realisation of the security created by or pursuant to this Deed
and to use the name of the Chargor for all the purposes aforesaid. 

  

  
 29 

							
		  	EXECUTION PAGE	 	
				
	 Chargor
  
	  		  		 	
				
	 IMPORT IT CORP. (seal)
  
	  		  		 	
				
	 The common seal of
  
	  	 ) 
	  		 	
				
	 the Chargor was affixed
  
	  	 ) 
	  		 	
		  		  		 	
	in the presence of:	  	)	  		 	
		  		  		 	
		  		  		 	
		  		  		 	
	 Director
:                                         
                    
  
	 	
		
	Name
:                                         
                        	 	

							
		 		  		 	
		 		  		 	
		 		  		 	
		 		  		 	
	
Director/Authorised Signatory :  /s/ Qingchun Zeng        

 
	 	
				
	Name :                                    
   	 		  		 	
				
		 		  		 	
				
		 		  		 	
				
		 		  		 	
		 		  		 	

	
	 Process agent appointed under Clause 19.3
  

	
	 Name of
Company:                                       
                                         
     
  

	
	 Place of Incorporation: Hong Kong
  

	
	 Registered
office:                                        
                                         
                                    

 

	
	Chargee
	
	TAIPEI FUBON COMMERCIAL BANK, CO. LTD.
	
	By:                                     
                                
	
	Name
:                                         
                      
	
	

 [Execution Page] 

							
		  	EXECUTION PAGE	 	
				
	 Chargor
  
	  		  		 	
				
	 IMPORT IT CORP. (seal)
  
	  		  		 	
				
	 The common seal of
  
	  	 ) 
	  		 	
				
	 the Chargor was affixed
  
	  	 ) 
	  		 	
		  		  		 	
	in the presence of:	  	)	  		 	
		  		  		 	
		  		  		 	
		  		  		 	
	
Director:                        
                                     

 
	 	
		
	Name:                                   
                              	 	

							
		 		  		 	
		 		  		 	
		 		  		 	
		 		  		 	
	 Director/Authorised Signatory:  /s/ Qingchun Zeng        

 
	 		  		 	
				
	Name:                                     
  	 		  		 	
				
		 		  		 	
				
		 		  		 	
				
		 		  		 	
		 		  		 	

	
	 Process agent appointed under Clause 19.3
  

	
	 Name of
Company:                                       
                                         
     
  

	
	 Place of Incorporation: Hong Kong
  

	
	 Registered
office:                                        
                                         
                                    

 

	
	Chargee
	
	TAIPEI FUBON COMMERCIAL BANK, CO. LTD.
	
	By:  /s/ T. L.
Peng                                         
    
	
	Name:                                     
                          
	
	

  
 30 

 Dated 25 OCT 2018 

ECMOHO (HONG KONG) LIMITED 
 as
Chargor 
 and 
 TAIPEI FUBON
COMMERCIAL BANK CO., LTD. 
 HONG KONG BRANCH 

as Chargee 
 CHARGE OVER BANK
ACCOUNT 

 Table of Contents 

 

							
	1	  	 Definitions and interpretation
	  	 	1	 
			
	2	  	 Covenant to pay
	  	 	6	 
			
	3	  	 Charges and Assignments
	  	 	6	 
			
	4	  	 Set-off
	  	 	7	 
			
	5	  	 Restrictions
	  	 	7	 
			
	6	  	 Perfection
	  	 	8	 
			
	7	  	 Enforcement
	  	 	9	 
			
	8	  	 Application of proceeds
	  	 	13	 
			
	9	  	 Representations and warranties
	  	 	13	 
			
	10	  	 Bank Accounts
	  	 	15	 
			
	11	  	 General undertakings
	  	 	l6	 
			
	12	  	 Duration of the security
	  	 	17	 
			
	13	  	 Expenses, liability and indemnity
	  	 	18	 
			
	14	  	 Payments
	  	 	18	 
			
	15	  	 Remedies
	  	 	19	 
			
	16	  	 Power of attorney
	  	 	20	 
			
	17	  	 Notices
	  	 	20	 
			
	18	  	 Counterparts
	  	 	20	 
			
	19	  	 Law and jurisdiction
	  	 	21	 
			
	20	  	 Other matters
	  	 	22	 
		
	 Schedule 1 Initial administrative details of the parties
	  	 	23	 
		
	 Schedule 2 Bank accounts
	  	 	24	 
		
	 Schedule 3 Permitted Security
	  	 	25	 
		
	 Schedule 4 Notice and acknowledgement of charge
	  	 	26	 
		
	 Schedule 5 Powers of Chargee and Receiver
	  	 	28	 
		
	 EXECUTION PAGE
	  	 	30	 

  

 CHARGE OVER BANK ACCOUNT 

Date: 25 OCT 2018 
 PARTIES 

 

					
	(1)	  	Chargor        :	  	ECMOHO (HONG KONG) LIMITED, registration no.: 2218839, a company incorporated under the laws of Hong Kong whose registered office is situated at Flat 9, 4/F, Beverley Commercial Centre, 87-105
Chatham Road South, Tsimshatsui, Kowloon, Hong Kong
			
	(2)	  	Chargee        :	  	TAIPEI FUBON COMMERCIAL BANK CO., LTD, whose principal place of business in Hong Kong is situated at 16/F, K11 Atelier, Victoria Dockside, 18 Salisbury Road, Tsim Sha Tsui, Kowloon, Hong Kong

 IT IS AGREED as follows: 
  

	(A)	 By a facility letter (“Facility Agreement”) dated 18 Oct 2018 issued by the Chargee to the Chargor
and Import It Corp (collectively “the Borrowers”) and duly executed by them, the Chargee agreed to provide to the Borrowers revolving credit facility to the extent of
 USD 25,000,000.00. 

 

	(B)	 It is a condition (amongst others) of the Facility Agreement that a charge of the Bank Account (as hereinafter
defined) be provided by the Chargor in favour of the Chargee as security for Secured Indebtedness (as hereinafter defined). 

INTERPRETATION 
  

	1	 Definitions and interpretation 

 

	1.1	 Definitions In this Deed: 

“Account Bank” means a bank or other financial institution with which a Bank Account is held. 

“Authorisation” means a consent, permit, licence, approval or authorization of any governmental, judicial, regulatory or other
authority of any Relevant Jurisdiction. 
 “Bank Account” means: 

 

	 	(a)	 an account, if any, described in Schedule 2 (Bank Accounts); 

 

	 	(b)	 any account that replaces an account described in Schedule 2 (Bank Accounts); 

 

	 	(c)	 any account established after the date of this Deed which is designated as a Bank Account by the Chargor and
the Chargee; and 

  

	 	(d)	 any other account with a bank or financial institution which cannot be drawn on by the account holder in the
ordinary course of its trading without the consent of the Chargee; 

 and “Bank Accounts” shall be
construed accordingly. 

  
 1 

 “Borrowers” means the Chargor and Import It Corp collectively and
“Borrower” means any of them and where the context requires includes their respective successors and assigns. 

“Charge of Inventories” means (i) a first legal floating charge of Inventories (as therein defined) to be provided by the
Chargor in favour of the Chargee as security for Secured Indebtedness and (ii) a first legal floating charge of Inventories (as therein defined) to be provided by Import It Corp in favour of the Chargee as security for Secured Indebtedness.

 “Charge over Bank Account (2)” means a first legal fixed and floating charge over Bank Account (as defined therein) to be
provided by Import It Corp in favour of the Chargee as security for Secured Indebtedness. 
 “Charge over Receivables” means
(i) a first legal fixed and floating charge over the Receivables (as defined therein) to be provided by the Chargor in favour of the Chargee as security for Secured Indebtedness and (ii) a first legal fixed and floating charge over the
Receivables (as defined therein) to be provided by Import It Corp in favour of the Chargee as security for Secured Indebtedness. 

“Chargee Security” means the Security created by this Deed and any other existing or future Security granted by the Chargor to
the Chargee to secure the payment or other discharge of the Secured Indebtedness. 
 “Chargee Security Document” means a
document creating or evidencing Chargee Security. 
 “Charged Assets” means the Fixed Charge Assets and the Floating Charge
Assets. 
 “Credit Facility” means the revolving credit facility to the extent of USD25,000,000.00 to be provided by the
Chargee to the Borrowers under the Facility Agreement. “Companies Ordinance” means the Companies Ordinance (Cap.622). 

“CPO” means the Conveyancing and Property Ordinance (Cap.219). 

“Deed” means this deed of charge over Bank Account including its amendments, supplements and replacements.
“Disposal” means any transfer or other disposal of an asset or of an interest in an asset, or the creation of any Right over an asset in favour of another person, but not the creation of Security. 

“Enforcement Time” means any time at which an Event of Default has occurred and is continuing. 

“Encumbrance” means: 
  

	(i)	 any mortgage, charge, pledge, lien, encumbrance, hypothecation or other security interest or security
arrangement of any kind; 

  

	(ii)	 any arrangement whereby any rights are subordinated to any rights of any third party; and

  

	(iii)	 any contractual right of set-off. 

“Event of Default” means any event specified as such in Clause 7.1 and “prospective Event of Default” means
any event which with the giving of notice and/or the passage of time and/or the fulfillment of any other condition would be an Event of Default. 

  
 2 

 “Facility Agreement” means the facility letter dated 25 OCT 2018 issued by
the Chargee to the Borrowers relating to the Credit Facility and including its amendments, supplements and replacements; 
 “Finance
Documents” means the Facility Agreement, this Deed, the Guarantees, the Charge Over Bank Account (2), the Charge of Inventories, the Charge over Receivables, Share Charges and all other securities and documents relating to the Credit
Facility and “Finance Document” means any of them. 
 “Fixed Charge Assets” means those assets which are
from time to time the subject of Clauses 3.2 (Fixed charge) or 3.4 (Conversion of floating charge). 
 “Floating Charge
Assets” means those assets which are from time to time the subject of Clause 3.3 (Floating charge). 

“Government” means the Government of Hong Kong. 

“Guarantees” means collectively (i) the guarantee to be provided by ECMOHO (Hong Kong) Health Technology Limited in
favour of the Chargee as security for all liabilities due by the Borrowers to the Chargee to the extent of USD25,000,000.00 and interest, costs and expenses; and (ii) the guarantee to be provided by ECMOHO Limited in favour of the Chargee as
security for all liabilities due by the Borrowers to the Chargee to the extent of USD25,000,000.00 and interest, costs and expenses. 

“Hong Kong” means Hong Kong Special Administrative Region of the People’s Republic of China. 

“Insolvency Event”, in relation to a person, means: 
  

	 	(a)	 the dissolution, liquidation, provisional liquidation or receivership of that person or the entering into by
that person of a voluntary arrangement or scheme of arrangement with creditors; 

  

	 	(b)	 any analogous or similar procedure in any jurisdiction other than Hong Kong; or 

 

	 	(c)	 any other form of procedure relating to insolvency, reorganization or dissolution in any jurisdiction.

 “Obligations”, in relation to a person, means all obligations or liabilities of any kind of that
person from time to time, whether they are: 
  

	 	(a)	 to pay money or to perform (or not to perform) any other act; 

 

	 	(b)	 express or implied; 

  

	 	(c)	 present, future or contingent; 

 

	 	(d)	 joint or several; 

  

	 	(e)	 incurred as a principal or surety or in any other manner; or 

 

	 	(f)	 originally owing to the person claiming performance or acquired by that person from someone else.

 “Obligors” means all parties to the Finance Documents other than the Chargee and
“Obligor” means any one of them. 

  
 3 

 “Officer”, in relation to a person, means any officer, employee or agent of
that person. 
 “Permitted Security” means any Security, if any, described in Schedule 3 (Permitted Security). 

“Proceeds Account” means the Chargor’s account number [*] with the Chargee (which is one of the Bank Accounts) or such
other account as the Chargee may from time to time specify. 
 “Receivables” means (1) all present and future book and
other debts, revenues and other moneys due, owing, payable or incurred to, and claims of, the Chargor (whether actual or contingent), (2) benefit of any guarantees, indemnities or other assurances against financial loss or security and the proceeds
of all policies of insurances affecting the same, (3) all things in action which may give rise to debts, revenues or claims and any related rights, including (without limitation) reservation of proprietary rights, rights of tracing and unpaid
vendor’s liens and associated rights and (4) the benefit of all Rights relating to any of the foregoing. 
 “Receiver”
means one or more receivers or managers appointed, or to be appointed, under this Deed. 
 “Registration Requirement”
means a requirement of any Relevant Jurisdiction that this Deed be registered in order to ensure its validity, enforceability or admissibility in evidence. 

“Relevant Jurisdiction” means any jurisdiction in which the Chargor is incorporated, registered, carries on business or owns
any asset or whose laws apply in any way to the Chargor, its assets or its business. 
 “Right” means any right, privilege,
power or immunity, or any interest or remedy, of any kind, whether it is personal or proprietary. 
 “Secured Indebtedness”
means all moneys, obligations and liabilities whether actual or contingent now or hereafter due owing or incurred to the Chargee by any of the Obligors under Finance Documents in whatever currency denominated and whether alone or jointly and
whether as principal or surely when the same are due and including all costs and expenses incurred by the Chargee relating thereto on a full indemnity basis. 

“Security” means: 
  

	 	(a)	 any mortgage, charge, pledge, lien, hypothecation, assignment by way of security, trust arrangement for the
purpose of providing security or other security interest of any kind in any jurisdiction; 

  

	 	(b)	 any proprietary interest over an asset, or any contractual arrangement in relation to an asset, in each case
created in relation to any indebtedness and which has the same commercial effect as if security had been created over it; and 

  

	 	(c)	 any right of set-off created by agreement. 

“Share Charges” means (i) the first fixed legal charge of 18,787,600 Class B Ordinary Shares of ECMOHO Limited held
by Behealth Limited in favour of the Bank as security for Secured Indebtedness; and (ii) the first fixed legal charge of 18,787,600 Class B Ordinary Shares of ECMOHO Limited held by Uhealth Limited in favour of the Bank as security for
Secured Indebtedness. 

  
 4 

 “Tax” means any form of taxation, levy, duty, charge, contribution or
impost of whatever nature (including any applicable fine, penalty, surcharge or interest) imposed by any local, municipal, governmental, state, federal or other fiscal, revenue, customs and/or excise authority, body or official competent to impose
the same. 
 “USD” means United States Dollar, the lawful currency of the United States of America. 

 

	1.2	 Interpretation In this Deed: 

 

	 	(a)	 the table of contents, the summary and the headings are inserted for convenience only and do not affect the
interpretation of this Deed; 

  

	 	(b)	 references to clauses and schedules are to clauses of, and schedules to, this Deed; 

 

	 	(c)	 references to any document are to that document as from time to time amended, supplemented, restated, novated
or replaced, however fundamentally; 

  

	 	(d)	 references to a person include an individual, firm, company, corporation, unincorporated body of persons and
any government entity; 

  

	 	(e)	 references to a person include its successors in title, permitted assignees and permitted transferees;

  

	 	(f)	 words importing the plural include the singular and vice versa; and 

 

	 	(g)	 references to any enactment include that enactment as amended or
re-enacted; and, if an enactment is amended, any provision of this Deed which refers to that enactment will be amended in such manner as the Chargee, after consultation with the Chargor, determines to be
necessary in order to preserve the intended effect of this Deed. 

  
 5 

	1.3	 Where this Deed imposes an obligation on the Chargor to do something if required or requested by the Chargee,
it will do so as soon as practicable after it becomes aware of the requirement or request. 

  

	1.4	 It is intended that this document takes effect as a deed even though the Chargee may only execute it under
hand. 

  

	1.5	 The provisions of any other document relating to any obligation of the Chargee to make further advances are
deemed to be incorporated in this Deed. 

  

	1.6	 Where a definition of a type of asset in Clause 1.1 (Definitions) contains a number of categories, each
category will be construed as separate from each other category. 

  

	1.7	 The expression “Chargor” and “Chargee” shall where the context permits include the
respective successors and permitted assigns and any person deriving title under them. 

 SECURITY 

 

	2	 Covenant to pay 

The Chargor hereby covenants that it will on demand pay to the Chargee the Secured Indebtedness and discharge all moneys obligations and
liabilities whether actual or contingent now or hereinafter due owing or incurred to the Chargee by the Obligors under the Finance Documents in whatever currency denominated and whether alone or jointly and in whatever style name or form and whether
as principal or surety when the same are due including all costs and expenses incurred by the Chargee relating thereto on a full indemnify basis. 
  

	3	 Charges and Assignments 

 

	3.1	 Security for Secured Indebtedness  

The charges and assignments contained in this Clause 3 are provided as security for the payment or other discharge of the Secured Indebtedness.

  

	3.2	 Fixed charge 

The Chargor, as beneficial owner, charges to the Chargee, by way of first fixed charge, all of the Rights which it now has and all of the
Rights which it obtains at any time in the future in the Bank Accounts and in any Rights accruing to, derived from or otherwise connected with them (including insurances and proceeds of Disposal and of insurances). 

  
 6 

	3.3	 Floating charge  

The Chargor, as beneficial owner, charges to the Chargee, by way of first floating charge, the assets which are from time to time the subject
of Clause 3.2 (Fixed Charge) to the extent that they are not effectively charged by way of fixed charge under Clause 3.2 (Fixed charge). 
  

	3.4	 Conversion of floating charge 

The Chargee may convert all or part of the floating charge created by the Chargor under Clause 3.3 (Floating charge) into a fixed charge
by giving notice to that effect to the Chargor and specifying the identity of the assets concerned. This may be done on one or more occasion, but only (a) during an Enforcement Time or (b) if the Chargee reasonably considers that its
security over the assets concerned is in jeopardy and that it is necessary to do so to protect or preserve its security. 
  

	3.5	 Assignments  

If requested by the Chargee to do so, the Chargor will execute an assignment of the Bank Accounts in such form as the Chargee may require and,
without prejudice to Clause 6 (Perfection), take such steps as the Chargee may require to perfect such assignment. 
  

	4	 Set-off  

 

	4.1	 Set-off of matured Secured Obligation  

 

	 	(a)	 The Chargee may set off any matured Secured Indebtedness due from the Chargor (to the extent beneficially owned
by the Chargee) against any matured obligation owed by the Chargee to the Chargor, regardless of the place of payment, booking branch or currency of either obligation. 

 

	 	(b)	 If the obligations are in different currencies, the Chargee may convert either obligation at a market rate of
exchange in its usual course of trading for the purpose of the set-off. 

  

	4.2	 Rights additional  

The Rights created by Clause 4.1 (set-off of matured Secured Indebtedness) are in addition to
the security conferred on the Chargee under this Deed. 
  

	5	 Restrictions 

  

	5.1	 Comply with restrictions  

The Chargor will ensure that the restrictions contained in this Clause 5 are complied with unless the Chargee agrees to the contrary. 

 

	5.2	 Negative pledge  

No Security will exist over, or in relation to, any Charged Asset other than Permitted Security. 

 

	5.3	 Restriction on disposal - Fixed Charge Assets  

There will be no Disposal of any Fixed Charge Asset. 

  
 7 

	5.4	 Restrictions on disposal - Floating Charge Assets  

There will be no Disposal of any Floating Charge Asset otherwise than for market value in the ordinary course of trading of the Chargor. 

 

	6	 Perfection  

  

	6.1	 General action  

 

	 	(a)	 The Chargor will, at its own expense, create all such Security, execute all such documents, give all such
notices, effect all such registrations (whether at the Hong Kong Companies Registry, an asset registry or otherwise), deposit all such documents and do all such other things as the Chargee may require from time to time in order to:

  

	 	(i)	 ensure that it has an effective first-ranking fixed charge over, or as the case may be assignment of, the Fixed
Charge Assets, subject only to such Permitted Security as the Chargee has agreed should rank in priority; 

  

	 	(ii)	 ensure that it has an effective first-ranking floating charge over the Floating Charge Assets, subject only to
such Permitted Security as the Chargee has agreed should rank in priority; and 

  

	 	(iii)	 facilitate the enforcement of the Chargee Security, the realisation of the Charged Assets or the exercise of
any Rights held by the Chargee or any Receiver under or in connection with the Chargee Security. 

  

	 	(b)	 The scope of Clause 6.1(a) (General Action) is not limited by the specific provisions of the rest of
this Clause 6 or by any other provision of the Chargee Security Documents. 

  

	6.2	 Bank Accounts  

If, at any time, the Chargor has a Right in respect of a Bank Account, it will, on the date of this Deed (or, if it acquires the Right later,
as soon as practicable after it does so): 
  

	 	(a)	 deliver a notice of this Deed to the Account Bank in respect of such Bank Account substantially in the form set
out in Schedule 4 (Notice and acknowledgement of charge) and 

  

	 	(b)	 use its best endeavours to procure that such Account Bank delivers an acknowledgement of the notice to the
Chargee substantially in the form set out in that Schedule as soon as reasonably practicable. 

  

	6.3	 Subsequent security  

If the Chargee receives notice that any Security has been created over the Charged Assets which the Finance Documents do not permit to rank in
priority to the Chargee Security, the Chargee will be treated as if it had immediately opened a new account for the Chargor, and all payments received by the Chargee from the Chargor will be treated as if they had been credited to the new account
and will not reduce the amount then due from the Chargor to the Chargee. 

  
 8 

 ENFORCEMENT 
  

	7	 Enforcement 

  

	7.1	 Each of the following events shall be an Event of Default: 

 

	 	(a)	 any of the Borrowers makes default in the payment on the due date and in accordance with the terms and
conditions under Facility Agreement of any principal or interest or other moneys outstanding and payable by any of them to the Chargee (whether demanded or not); or 

 

	 	(b)	 any of the Obligors make default in the payment on the due date and in accordance with the terms and conditions
relating thereto under any Finance Documents in respect of money and other liabilities; 

  

	 	(c)	 any representation, warranty or undertaking by the Chargor is not complied with or proves to have been or to be
untrue or incorrect; 

  

	 	(d)	 any representation, warranty or undertaking by any of the Obligors under any Finance Documents is not complied
with or proves to have been or to be untrue or incorrect; 

  

	 	(e)	 any of the Borrowers does not comply with any of its covenants or obligations under the Facility Agreement;

  

	 	(f)	 any of the Obligors does not comply with any of its covenants and obligation under any Finance Documents;

  

	 	(g)	 a petition is presented or an order is made or an effective resolution is passed or analogous proceedings are
taken for the winding up of any of the Borrowers or any Obligor, save for the purposes of an amalgamation, merger or reconstruction the terms whereof have previously been approved by the Chargee; 

 

	 	(h)	 any of the Borrowers or any of the Obligors shall without the consent in writing of the Chargee stop payment to
creditors generally or (if applicable) the Company or any of the Obligors shall (otherwise than for the purpose of such an amalgamation, merger or reconstruction as is referred to in Sub-Clause 7.1(g)) cease
or threaten to cease to carry on its business or any substantial part thereof or shall be unable to pay its debts or disposes the whole or a substantial part of its undertaking or assets; 

 

	 	(i)	 there occurs a material adverse change in any of the Borrowers’ or any Obligor’s financial condition
which would, in the reasonable opinion of the Chargee, prevent the Borrowers or any Obligor from performing in any material respect its obligations under this Deed or under any Finance Documents; 

 

	 	(j)	 the Chargor purports or attempts to create any Encumbrance over all or any part of the Charged Assets or any
third party asserts a reasonable and substantial claim in respect thereof (except as permitted under this Deed); 

  

	 	(k)	 the security hereby created or under any Finance Documents or any part thereof fails or ceases for any reason
to be in full force and effect or is terminated or jeopardised or becomes invalid or unenforceable or if there is any dispute regarding the same or if there is any purported termination of the same or it becomes impossible or unlawful for any of the
Borrowers or any Obligor to perform any of its obligations hereunder or under any Finance Documents or for the Chargee to exercise all or any of its rights, powers and remedies hereunder or under any Finance Documents; and 

  
 9 

	 	(I)	 a creditor takes possession of all or any part of the business or assets of any of the Borrowers or any Obligor
or any execution or other legal process is enforced against the business or any asset of any of the Borrowers or any Obligor and is not discharged within seven (7) days. 

  
 10 

	7.2	 If an Event of Default has occurred, the Chargee may: 

 

	 	(a)	 declare the Secured Indebtedness, all loans and other moneys, obligations and liabilities hereby secured to be,
whereupon they shall become, immediately due and payable without further demand, notice or other legal formality of any kind; 

  

	 	(b)	 declare the Credit Facility to be terminated whereupon all obligations of the Chargee to make further advances
to the Borrowers shall immediately cease; and 

  

	 	(c)	 demand that the Company to provide cash cover to the Chargee for all liabilities of the Borrowers to the
Chargee, whereupon the Borrowers shall be under an immediate obligation to provide such cash cover. 

  

	7.3	 Time for enforcement 

The Chargee may enforce the Chargee Security at any time which is an Enforcement Time or if the Chargor requests it to do so. 

 

	7.4	 Methods of enforcement 

 

	 	(a)	 The Chargee may enforce the Chargee Security by: 

 

	 	(i)	 appointing a Receiver of any asset of the Chargor; 

 

	 	(ii)	 appropriating, going into possession of, receiving the benefit of or selling assets of the Chargor, giving
notice to the Chargor or any other person in relation to any assets of the Chargor, exercising a right of set-off or in any other way it may decide; 

 

	 	(iii)	 whether or not it has appointed a Receiver, exercising all or any of the powers, authorities and discretions
given to mortgagees and receivers by the CPO as varied or extended by this Deed or otherwise conferred by law; or 

  

	 	(iv)	 taking any other action it may decide in any jurisdiction other than Hong Kong. 

 

	 	(b)	 A Receiver may be appointed by an instrument in writing executed as a deed or under hand by any Officer of the
Chargee. 

  

	 	(c)	 The appointment of a Receiver may be made subject to such limitations as are specified by the Chargee in the
appointment. 

  

	 	(d)	 If more than one person is appointed as a Receiver, each person will have power to act independently of any
other, except to the extent that the Chargee may specify to the contrary in the appointment. 

  

	 	(e)	 The Chargee may remove or replace any Receiver. 

 

	 	(f)	 Any Receiver may be appointed Receiver of all of the Charged Assets or Receiver of a part of the Charged Assets
specified in the appointment, In the latter case, the Rights conferred on a Receiver as set out in Schedule 5 (Powers of Chargee and Receiver) shall have effect as though every reference in that schedule to any Charged Assets
were a reference to the part of those assets so specified or any part of those assets. 

  
 11 

	7.5	 Powers on enforcement 

 

	 	(a)	 A Receiver of the Chargor will have the following powers in respect of the Charged Assets:

  

	 	(i)	 the powers, rights, discretions, privileges and immunities given to a mortgagee or a receiver by any statute or
ordinance (including the CPO to the extent applicable, but without any restrictions imposed on the power of sale or consolidation of mortgages, charges or other securities); 

 

	 	(ii)	 the powers and rights set out in Schedule 5 (Powers of Chargee and Receiver); 

 

	 	(iii)	 the power to do, or omit to do, on behalf of the Chargor, anything which the Chargor itself could have done, or
omitted to do, if the Charged Assets were not the subject of Security and the Chargor were not in insolvency proceedings; and 

  

	 	(iv)	 all other powers (if any) conferred on receivers by law or otherwise, 

and all of such powers and rights are exercisable without further notice. 

 

	 	(b)	 The Chargee is not required to give any prior notice of non-payment or
default to the Chargor before enforcing this Deed. There is no minimum period for which the Secured Indebtedness must remain due and unpaid before this Deed can be enforced and paragraph 11 of the Fourth Schedule to the CPO (and any similar
provision under other laws) does not apply to this Deed. 

  

	 	(c)	 Nothing done by or on behalf of the Chargee pursuant to this Deed shall render it liable to account as a
mortgagee in possession for any sums other than actual receipts. 

  

	 	(d)	 The Chargee will, if it enforces the Chargee Security itself, have the same powers as a Receiver in respect of
the assets which are the subject of the enforcement. 

  

	 	(e)	 Except to the extent provided by law, none of the powers described in this Clause 7 will be affected by an
Insolvency Event in relation to the Chargor. 

  

	7.6	 Status and remuneration of Receiver 

 

	 	(a)	 A Receiver will be the agent of the Chargor until the Chargor goes into liquidation. A Receiver will have no
authority to act as agent for the Chargee, even in the liquidation of the Chargor. 

  

	 	(b)	 The Chargee may from time to time determine the remuneration of any Receiver. 

  
 12 

	7.7	 Third parties 

A person dealing with the Chargee or with a Receiver is entitled to assume, unless it has actual knowledge to the contrary, that: 

 

	 	(a)	 those persons have the power to do those things which they are purporting to do; and 

 

	 	(b)	 they are exercising their powers properly. 

 

	8	 Application of proceeds 

All money received by the Chargee or a Receiver under or in connection with the Finance Documents (whether during, or before, enforcement of
the Chargee Security) will, subject to the rights of any persons having priority, be applied in the following order of priority: 
  

	 	(a)	 first, in or towards payment of all amounts payable to the Chargee, any Receiver or their Officers under
Clause 13 (Expenses, liability and indemnity) and all remuneration due to any Receiver under or in connection with the Chargee Security; 

  

	 	(b)	 secondly, in or towards payment of the Secured Indebtedness in such order as is required by the Finance
Documents or, if there is no such requirement, as decided by the Chargee (and, if any of the Secured Indebtedness are not then payable, by payment into a suspense account until they become payable); and 

 

	 	(c)	 thirdly, in payment of any surplus to the Chargor or other person entitled to it. 

REPRESENTATIONS AND UNDERTAKINGS 
  

	9	 Representations and warranties 

 

	9.1	 Representations and warranties 

The Chargor makes the representations and warranties set out in this Clause 9 to the Chargee on the date of this Deed. 

 

	 	(a)	 Status: The Chargor is a corporation, duly incorporated and validly existing under the laws of its
jurisdiction of incorporation. The Chargor has the power to own its assets and carry on its business as it is being conducted. 

  

	 	(b)	 Binding obligations: The obligations expressed to be assumed by the Chargor in this Deed are legal,
valid, binding and enforceable obligations and this Deed creates the security interests which it purports to create and those security interests are valid and effective. 

 

	 	(c)	 Non-conflict with other obligations: The entry into and
performance by the Chargor of, and the transactions contemplated by, this Deed and the granting of the Chargee Security do not and will not conflict with: 

  

	 	(i)	 any law or regulation applicable to it; 

 

	 	(ii)	 its constitutional documents; or 

 

	 	(iii)	 any agreement or instrument binding upon it or any of its assets or constitute a default or termination event
(however described) under any such agreement or instrument, 

 nor (except as provided in the Finance Documents) result in
the existence of, or oblige the Chargor to create, any Security over any of its assets. 

  
 13 

	 	(d)	 Power and authority: The Chargor has the power to enter into, perform and deliver, and has taken all
necessary action to authorise its entry into, performance and delivery of, this Deed and the transactions contemplated by this Deed. No limit on its powers will be exceeded as a result of the grant of Security contemplated by this Deed.

  

	 	(e)	 Validity and admissibility in evidence: All Authorisations required or desirable: 

 

	 	(i)	 to enable the Chargor lawfully to enter into, exercise its rights and comply with its obligations in this Deed;

  

	 	(ii)	 to make this Deed admissible in evidence in the Relevant Jurisdictions; and 

 

	 	(iii)	 to enable the Chargor to create the Security to be created by it pursuant to this Deed and to ensure that such
Security has the priority and ranking contemplated by this Deed, 

 have been obtained or effected and are in full force
and effect. 
  

	 	(f)	 Registration requirements: Except for registration of particulars of this Deed at the Companies Registry
in Hong Kong, it is not necessary to file, register or record this Deed in any public place or elsewhere. 

  

	 	(g)	 Governing law and enforcement: The choice of Hong Kong law as the governing law of this Deed will be
recognised and enforced in the Relevant Jurisdictions. Any judgment obtained in Hong Kong in relation to this Deed will be recognised and enforced in the Relevant Jurisdictions. 

 

	 	(h)	 Deduction of Tax: It is not required under the law applicable where the Chargor is incorporated or
resident or at the address specified in this Deed to make any deduction for or on account of Tax from any payment the Chargor may make under this Deed. 

  

	 	(i)	 No filing or stamp taxes: Except for registration fees associated with the registration of this Deed in
accordance with Clause 9.1(f) (Registration requirements), it is not necessary under the laws of any Relevant Jurisdiction that any stamp, registration, notarial or similar Taxes or fees be paid on or in relation to this Deed or the
transactions contemplated by this Deed. 

  

	 	(j)	 Ranking of Security. The Chargee Security has or will have first ranking priority and it is not subject
to any prior ranking or pari passu ranking Security. 

  

	 	(k)	 Legal and beneficial ownership: 

 

	 	(i)	 The Chargor is the sole legal and beneficial owner of the Rights under the Bank Accounts;

  

	 	(ii)	 all the Charged Assets are beneficially owned by the Chargor. 

 

	 	(l)	 Title to Charged Assets: The Chargor has good, valid and marketable title to, and all appropriate
Authorisations to use, the Charged Assets and has full power and authority to grant the Chargee the Security over the Charged Assets created pursuant to this Deed and to execute, deliver and perform its obligations in accordance with the terms of
this Deed without the consent or approval of any other person other than any consent or approval which has been obtained. 

  
 14 

	 	(m)	 Charged Assets: Each schedule which describes Charged Assets beneficially owned by the Chargor is a
true, accurate and complete list of such assets so owned by the Chargor at the date of this Deed. 

  

	 	(n)	 No Security: No Security exists over all or any of the Charged Assets other than a Permitted Security.

  

	 	(o)	 No disposal: The Chargor has not sold, transferred or otherwise disposed of, or agreed to sell, transfer
or otherwise dispose of, all or any of its rights, title and interest in the Charged Assets or any part thereof. 

  

	9.2	 Repetition 

The representations and warranties in Clause 9.1 (Representations and warranties) shall be deemed to be repeated by the Chargor on each
day until all the Secured Indebtedness have been paid or discharged in full, as if made with reference to the facts and circumstances existing on each such day. 
  

	10	 Bank Accounts 

 

	10.1	 Restrictions on alteration or waiver 

 

	 	(a)	 The Chargor will not: 

 

	 	(i)	 agree to close any Bank Account or agree to alter the terms applicable to any Bank Account; or

  

	 	(ii)	 waive its rights under a Bank Account, 

without the consent of the Chargee. 

  
 15 

	 	(b)	 The Chargee will give its consent under Clause 10.1(a) (Restrictions on alteration or waiver) if, in its
reasonable opinion, any such alteration or waiver will not materially affect the effectiveness or value of its security over the Bank Account concerned. 

  

	10.2	 Restriction on withdrawal from Bank Account 

 

	 	(a)	 The Chargor will not make any withdrawal from any Bank Account except with the prior consent of the Chargee.

  

	 	(b)	 The Chargee will give its consent under Clause 10.2(a) (Restriction on withdrawal from Bank Account) if
the withdrawal is permitted under any agreement binding the Chargee. 

  

	11	 General undertakings 

 

	11.1	 Authorisations 

 

	 	(a)	 The Chargor shall promptly: 

 

	 	(i)	 obtain, comply with and do all that is necessary to maintain in full force and effect; and

  

	 	(ii)	 supply a certified copy to the Chargee of any Authorisation required under any law or regulation of a Relevant
Jurisdiction to (A) enable it to perform its obligations under the this Deed, (B) ensure the legality, validity, enforceability or admissibility in evidence of this Deed or (C) carry on its business. 

 

	 	(b)	 The Chargor shall promptly make the registrations and comply with the other requirements specified in Clause
9.1(f) (Registration requirements). 

  

	11.2	 Maintain Charged Assets 

The Chargor will take all steps as are necessary to preserve the value and marketability of its Charged Assets. 

 

	11.3	 Notification of adverse effect 

The Chargor will notify the Chargee as soon as it becomes aware of any matter which might reasonably be expected to have an adverse effect on
the Rights of the Chargee under the Chargee Security. Those matters include a claim by any person to an interest in a Charged Asset. 
  

	11.4	 Request for information 

The Chargor will provide to the Chargee: 
  

	 	(a)	 such information about the Charged Assets; 

 

	 	(b)	 such information about the extent to which it has complied with its obligations under this Deed; and

  

	 	(c)	 copies of such documents which create, evidence or relate to its Charged Assets, 

as the Chargee may from time to time reasonably request. 

  
 16 

	11.5	 Receivables 

The Chargor shall ensure all Receivables shall be paid into Proceeds Account. 

 

	11.6	 Failure to comply with obligation 

If the Chargor does not comply with its obligations under this Deed, the Chargee may do so on the Chargor’s behalf on such basis as the
Chargee may reasonably decide. The Chargor will on demand indemnify the Chargee against the amount certified by the Chargee to be the cost, loss or liability suffered by it as a result of doing so. 

MISCELLANEOUS 
  

	12	 Duration of the security 

 

	12.1	 Continuing security 

The Obligations of the Chargor under the Finance Documents and the security created by the Chargee Security will continue until the Secured
Indebtedness have been irrevocably and unconditionally paid or discharged in full, regardless of any intermediate payment or discharge in whole or in part. 
  

	12.2	 Reinstatement 

If any discharge, release or arrangement (whether in respect of the obligations of the Chargor or any security for those obligations or
otherwise) is made by the Chargee in whole or in part on the basis of any payment, security or other disposition which is avoided or must be restored in insolvency, liquidation, administration or otherwise, without limitation, then the liability of
the Chargor under this Deed will continue or be reinstated as if the discharge, release or arrangement had not occurred. 
  

	12.3	 Avoidance of payments 

If the Chargee reasonably determines that there exists a reasonable possibility of the avoidance or invalidation of any payment or repayment of
the Secured Indebtedness: 
  

	 	(a)	 the Chargee shall be entitled to retain this Deed and not to release any of the Charged Assets from the Chargee
Security; and 

  

	 	(b)	 if so required by the Chargee (acting reasonably), the Chargor shall promptly provide the Chargee with any
evidence (including, if required by the Chargee, a solvency report from the auditors of the Chargor in form and substance reasonably satisfactory to the Chargee) requested by the Chargee in order that it may determine whether or not at such time
there exists such a possibility. 

  

	12.4	 Retention of documents 

If the Chargee does determine that there exists such a reasonable possibility it shall be entitled to retain this Deed and not release the
Charged Assets for a period of one month plus the relevant statutory period after the Secured Indebtedness of the Chargor shall have been discharged in full. If at any time within such period an Insolvency Event occurs in relation to the Chargor or
of any other person that has given or made any relevant assurance, security, guarantee or payment in respect of the discharge of those Secured Indebtedness the Chargee may continue to retain this Deed and not release the Charged Assets for and
during such other period as the Chargee in its absolute discretion shall determine. 

  
 17 

	12.5	 Final redemption 

Subject, and without prejudice, to Clause 12.3 (Avoidance of payments), once the Chargee is satisfied that all the Secured Indebtedness
have been discharged in full and that all facilities which might give rise to Secured Indebtedness have terminated, the Chargee shall at the request and cost of the Chargor execute and do all such deeds, acts and things as may be necessary to
release or (as appropriate) re-assign the Charged Assets from the Chargee Security. 
  

	13	 Expenses, liability and indemnity 

 

	13.1	 Costs and expenses 

The Chargor will, on demand, pay all legal and other costs and expenses (including any stamp duty, registration or other similar taxes)
incurred by the Chargee or by any Receiver in connection with the Chargee Security. This includes any costs and expenses relating to the enforcement or preservation of the Chargee Security or the Charged Assets and to any amendment, waiver, consent
or release required in connection with the Chargee Security. 
  

	13.2	 No liability or costs 

Neither the Chargee nor a Receiver nor any of their Officers will be in any way liable or responsible to the Chargor for any loss or liability
of any kind arising from any act or omission by it of any kind (whether as mortgagee in possession or otherwise) in relation to the Charged Assets or the Chargee Security, except to the extent caused by its gross negligence or wilful misconduct.

  

	13.3	 Indemnity to the Chargee 

The Chargor will, on demand, indemnify each of the Chargee, a Receiver and their Officers in respect of all costs, expenses, losses or
liabilities of any kind which it incurs or suffers in connection with: 
  

	 	(a)	 the taking, holding, protection or enforcement of the Chargee Security, 

 

	 	(b)	 any matter or thing done or omitted in any way in accordance with the terms of this Deed relating to the
Charged Assets; 

  

	 	(c)	 the exercise or purported exercise of any of the rights, powers, authorities, discretions and remedies
conferred on it under the Chargee Security or by law; 

  

	 	(d)	 a claim of any kind (whether relating to the environment or otherwise) made or asserted against it which would
not have arisen but for the execution or enforcement of this Deed or if the Chargee Security had not been granted; or 

  

	 	(e)	 any breach by any Obligor of the Finance Documents. 

 

	14	 Payments 

  

	14.1	 Payments in full 

All payments by the Chargor under the Chargee Security Documents will be made in full, without any
set-off or other deduction. 
  

	14.2	 Gross up 

If any Tax or other sum must be deducted from any amount payable by the Chargor under the Chargee Security Documents, the Chargor will pay such
additional amounts as are necessary to ensure that the recipient receives a net amount equal to the full amount it would have received before such deductions. 

  
 18 

	14.3	 Default interest 

If the Chargor fails to make a payment under the Chargee Security Documents, it will pay interest to that person on the amount concerned at the
Default Rate from the date it should have made the payment until the date of payment (after, as well as before, judgment). 
  

	14.4	 Currency indemnity 

No payment by the Chargor (whether under a court order or otherwise) will discharge any Obligation of the Chargor unless and until the Chargee
has received payment in full in the currency in which the Obligation is denominated. If, on conversion into that currency, the amount of the payment falls short of the amount of the Obligation concerned, the Chargee will have a separate cause of
action against the Chargor for the shortfall. 
  

	14.5	 Certificates and determinations 

Any certification or determination by the Chargee of an amount payable by the Chargor under this Deed is, in the absence of manifest error,
conclusive evidence of that amount. 
  

	15	 Remedies 

  

	15.1	 Rights additional 

The Rights created by this Deed are in addition to any other Rights of the Chargee against the Chargor or any other security provider under any
other documentation, the general law or otherwise. They will not merge with or limit those other Rights, and are not limited by them. 
  

	15.2	 No waiver 

No failure by the Chargee to exercise any Right under this Deed will operate as a waiver of that Right. Nor will a single or partial exercise
of a Right by the Chargee preclude its further exercise. 
  

	15.3	 Partial invalidity 

If, at any time, any provision of this Deed is or becomes illegal, invalid or unenforceable in any respect under any law of any jurisdiction,
neither the legality, validity or enforceability of the remaining provisions nor the legality, validity or enforceability of that provision in any other respect or under the law of any other jurisdiction will be affected or impaired in any way. 

  
 19 

	16	 Power of attorney 

The Chargor, by way of security, irrevocably appoints each of the Chargee and any Receiver severally to be its attorney: 

 

	 	(a)	 to do anything which the Chargor is obliged to do under the Chargee Security Documents; and

  

	 	(b)	 to exercise any of the Rights conferred on the attorney by the Chargee Security Documents or by law.

  

	17	 Notices 

  

	17.1	 Service of Proceedings 

 

	 	(a)	 Any notice, request, certificate, demand or other communication required to be given by any party hereto to the
other parties hereto shall be in writing and shall be deemed to have been so given if addressed to the addressee at its address in Hong Kong herein mentioned or to such other address in Hong Kong as may have been notified in writing by such party to
the other parties hereto in accordance with this Clause 17.1. 

  

	 	(b)	 Any notice, request, certificate, demand or other communication delivered personally shall be deemed to have
been given at the time of such delivery. Any notice, request, certificate, demand or other communication dispatched by letter postage prepaid shall be deemed to have been given forty eight (48) hours after posting. Any notice, request,
certificate, demand or other communication sent by telex or facsimile transmission shall be deemed to have been given at the time of dispatch and any notice, request, certificate, demand or other communication sent by cable shall be deemed to have
been given twenty four (24) hours after dispatch. Provided always that any notice, request, certificate, demand or other communication to be given by the Chargor to the Chargee shall only be effective upon actual receipt thereof by the Chargee
(as the case may be). 

  

	 	(c)	 Any legal process including any writ or originating summons or otherwise and any other summons or notice to be
served on a party by the other party hereto in any legal proceeding or action in any court or tribunal shall be deemed to be sufficiently and duly served forty-eight (48) hours after having been left or sent by ordinary pre-paid post to the addressee’s registered office or usual place of business in Hong Kong and in proving service it shall be sufficient to prove that the legal process or summons or notice was properly
addressed and posted or properly left (as the case may be) irrespective of whether the same is returned through the post undelivered to the addressee. 

  

	17.2	 Administrative details 

The initial administrative details of the parties are contained in Schedule 1 (Initial administrative details of the
parties) but a party may amend its own details at any time by notice to the other party. 
  

	17.3	 Delivery to registered office 

Any notice to the Chargor may alternatively be sent to its registered office or to any of its places of business or to any of its directors or
its company secretary; and it will be deemed to have been received when delivered to any such places or persons. 
  

	18	 Counterparts 

This Deed may be executed in any number of counterparts, and this has the same effect as if the signatures on the counterparts were on a single
copy of this Deed. 

  
 20 

	19	 Law and jurisdiction 

 

	19.1	 Governing law 

This Deed is governed by Hong Kong law. 
  

	19.2	 Jurisdiction of Hong Kong courts 

 

	 	(a)	 The courts of Hong Kong have exclusive jurisdiction to settle any dispute arising out of or in connection with
this Deed (including a dispute regarding the existence, validity or termination of this Deed) (a Dispute). 

  

	 	(b)	 The parties agree that the courts of Hong Kong are the most appropriate and convenient courts to settle
Disputes and, accordingly, that they will not argue to the contrary. 

  

	 	(c)	 Clause 19.2(a)(Jurisdiction of Hong Kong counts) is for the benefit of the
Chargee only. As a result, the Chargee will not be prevented from taking proceedings relating to a Dispute in any other courts with jurisdiction. To the extent allowed by law, the Chargee may take concurrent proceedings in any number of
jurisdictions. 

  

	19.3	 Service of process 

 

	 	(a)	 The Chargor irrevocably appoints any Hong Kong process agent identified as such on the execution page at its
registered office from time to time to receive on the Chargor’s behalf process issued out of the Hong Kong courts in connection with this Deed. 

  

	 	(b)	 Failure by the process agent to notify the Chargor of the process will not invalidate the proceedings.

  

	 	(c)	 If this appointment is terminated for any reason, the Chargor will appoint a replacement agent and will ensure
that the new agent notifies the Chargee of its acceptance of appointment. 

  

	19.4	 Waiver of immunities 

The Chargor irrevocably waives, to the extent permitted by applicable law, with respect to itself and its revenues and assets (irrespective of
their use or intended use), all immunity on the grounds of sovereignty or other similar grounds from: 
  

	 	(a)	 suit; 

  

	 	(b)	 jurisdiction of any court; 

 

	 	(c)	 relief by way of injunction or order for specific performance or recovery of property; 

 

	 	(d)	 attachment of its assets (whether before or after judgment); and 

 

	 	(e)	 execution or enforcement of any judgment to which it or its revenues or assets might otherwise be entitled in
any proceedings in the courts of any jurisdiction (and irrevocably agrees, to the extent permitted by applicable law, that it will not claim any immunity in any such proceedings). 

  
 21 

	20.	 Other matters 

 

	20.1	 Legal Representation: The Parties acknowledge that Messrs. Li, Wong, Lam & W.I. Cheung acts as
legal counsel of the Chargee only relating to this Deed. The Chargor will take separate legal advice as it sees fit. 

  

	20.2	 Third Party Rights: Nothing contained herein is intended to grant to any third party any right to
enforce any term hereof or to confer on any third party any right or benefit hereunder for the purposes of the Contracts (Rights of Third Parties) Ordinance and any enactment thereof and the application of the said Ordinance is expressly excluded.

 This Deed has been executed as a deed, and it has been delivered on the date stated at the beginning of this Deed. 

  
 22 

 Schedule 1 

Initial administrative details of the parties 
  

							
	 Party
	  	 Address
	  	 Fax number
	  	 Attention

	 Chargor
	  	 Flat 9, 4/F, Beverley

Commercial Centre, 87-105

Chatham Road South,
 Tsimshatsui,
Kowloon, Hong Kong
	  	[***]	  	[Richard Wei]
				
	 Chargee
	  	16/F, K11 Atelier, Victoria Dockside, 18 Salisbury Road, Tsim Sha Tsui, Kowloon, Hong Kong	  	[***]	  	[Nicolus Tseng]

  
 23 

 Schedule 2 

Bank accounts 
  

							
	 Bank
	  	 Account Holder
	  	 Account Name
	  	 Account Number

	Taipei Fubon Commercial Bank Co., Ltd. HK Branch	  		  	ECMOHO (HONG KONG) LIMITED	  	 ***

				
	Taipei Fubon Commercial Bank Co., Ltd. HK Branch	  		  	ECMOHO (HONG KONG) LIMITED	  	 ***

  
 24 

 Schedule 3 

Permitted Security 
  

	1	 Chargee Security. 

  
 25 

 Schedule 4 

Notice and acknowledgement of charge 

Form of notice and acknowledgement of charge of Bank Accounts 

To: [Account Bank] 
 Date: • 

Dear Sirs 
 Notice of Charge 

 

	1	 We give you notice that, under a deed dated [*] entered into by us in favour of Taipei Fubon Commercial Bank
Co., Ltd. (the Chargee), we have charged to the Chargee by way of first fixed charge all of our rights in our [reserve/ Current] account with you (no.
[                         ]) (the Account).  

 

	2	 We have agreed with the Chargee not to close the Account or to amend any of the terms applicable to the Account
or waive any of our rights under the Account without the consent of the Chargee. 

  

	3	 We instruct you: 

  

	 	(a)	 to honour withdrawals from the Account if requested by the Chargee; 

 

	 	(b)	 not to honour any withdrawals from the Account if requested by us, unless our instructions are countersigned by
the Chargee; and 

  

	 	(c)	 to disclose to the Chargee, without further approval from us, such information regarding the Account as the
Chargee may from time to time request and to send it copies of all statements and other notices issued by you in connection with the Bank Account. 

  

	4	 These instructions cannot be varied or terminated without the consent of the Chargee. 

 

	5	 Please sign the enclosed acknowledgement and return it to the Chargee at [address] marked for the
attention of [*]. 

  

			
	Yours faithfully
	
	[Name of Chargor]
		
	By:	 	  

  
 26 

 Acknowledgement of Charge 

To: Taipei Fubon Commercial Bank Co., Ltd. 
 Date: [*] 

Dear Sirs 
  

	1	 We acknowledge receipt of the above notice. 

 

	2	 We have not received notice that any other person has an interest in the Account. 

 

	3	 We will comply with the instructions in the notice. 

 

	4	 We will not, without the Chargee’s consent, permit any amount to be withdrawn from the Account.

  

	5	 We will not, without the Chargee’s consent, exercise any right of combination, consolidation or set-off which we may have in respect of the Account. 

  

			
	Yours faithfully
	
	[Name of Account Bank]
		
	By :	 	  

		
	Date :	 	  

  
 27 

 Schedule 5 

Powers of Chargee and Receiver 
 The
Chargee or any Receiver appointed pursuant to Clause 7 (Enforcement) shall have the right and power, either in his own name or in the name of the Charger or otherwise and in such manner and upon such terms and conditions as the Chargee or the
Receiver thinks fit, and either alone or jointly with any other person to: 
  

	1	 Take possession: take possession of, and get in all or any of, the Charged Assets;

  

	2	 Borrow money: raise or borrow any money from or incur any other liability to the Chargee or others on
such terms with or without security as the Chargee or the Receiver may think fit and so that any such security may be or include a charge on the whole or any part of the Charged Assets ranking in priority to this Deed or otherwise;

  

	3	 Dispose of assets: appropriate, sell by public auction or private contract, transfer, assign, exchange,
hire out, lend or otherwise dispose of or deal with all or any of the Charged Assets (including any fixtures, which may be sold separately from any Land) or concur in so doing in such manner for such consideration and generally on such terms and
conditions as the Chargee or the Receiver may think fit with full power to convey, sell, transfer, assign, exchange, hire out, lend or otherwise dispose of and so that covenants and contractual obligations may be granted and assumed in the name of
and so as to bind the Chargor if the Chargee or the Receiver shall consider it necessary or expedient so to do; any such sale, transfer, assignment, exchange, hiring out, lending or disposition may be for cash, debentures or other obligations,
shares, stock, securities or other valuable consideration and be payable immediately or by instalments spread over such period as the Chargee or the Receiver shall think fit and so that any consideration received or receivable shall ipso facto
forthwith be and become charged with the payment of all the Secured Indebtedness; 

  

	4	 Contracts: enter into any contract or arrangement in relation to the Charged Assets and perform,
repudiate, rescind or vary any contract or arrangement to which the Charger is a party in relation to the Charged Assets; 

  

	5	 Legal proceedings: institute, continue, enforce, defend, settle or discontinue any actions, suits or
proceedings in relation to the Charged Assets or any part thereof or submit to arbitration as the Chargee or the Receiver may think fit; 

  

	6	 Right of ownership: exercise and do (or permit the Chargor or any nominee of it to exercise and do) all
such rights and things as the Chargee or the Receiver would be capable of exercising or doing if it were the absolute beneficial owner of the Charged Assets and in particular, without limitation, exercise any rights of enforcing any Security by
appropriation, entry into possession, foreclosure, sale or otherwise and to arrange for or provide all services which the Chargee or the Receiver may deem proper for the efficient management or use of the Charged Assets or the exercise of such
rights; 

  

	7	 Redemption of Security: redeem any Security (whether or not having priority to this Deed) over the
Charged Assets and to settle the accounts of any person with an interest in the Charged Asset; 

  

	8	 Spend Money: spend such sums as the Chargee or the Receiver may think fit in the exercise of any of the
powers set out herein and the Chargor shall forthwith on demand repay the Chargee or the Receiver (as the case may be) all sums so spent together with interest on those sums at such rates as the Chargee or the Receiver may from time to time
determine from the time they are paid or incurred and until repayment those sums (together with such interest) shall be secured by this Deed; and 

  
 28 

	9	 Execute documents: sign any document, execute any deed (with authorisation to use the common seal for
such purpose) and do all such other acts and things as may be considered by the Chargee or the Receiver to be incidental or conducive to any of the matters or powers aforesaid or to the realisation of the security created by or pursuant to this Deed
and to use the name of the Chargor for all the purposes aforesaid. 

  
 29 

 EXECUTION PAGE 

 

			
	 Chargor
	 	
	
	 ECMOHO (HONG KONG) LIMITED

		
	 The common seal of
	 	)
		
	 the Chargor was affixed
	 	)
		
	 in the presence of:
	 	)

  

	
	 Director : /s/ Zeng
Qingchun                                        

	
	 Name : ZENG
QINGCHUN                                        

	
	 Director/Authorised Signatory : /s/ Zeng
Qingchun                

	
	 Name : ZENG
QINGCHUN                                        

	
	 Chargee

	
	TAIPEI FUBON COMMERCIAL BANK, CO. LTD.
	
	 By: /s/ Ming-Jen
Yeng                                         
         

	
	 Name : Ming-Jen
Yeng                                         
        

  
 30 

 Execution Version 

THIS SUPPLEMENTAL DEED is made on 23 November 2018 

PARTIES 
  

	(1)	 ECMOHO (Hong Kong) Limited, a Chargor incorporated under the laws of Hong Kong whose registered office
is situated at Flat 9, 4/F, Beverley Commercial Centre, 87-105 Chatham Road South, Tsimshatsui, Kowloon, Hong Kong (“the Chargor” or the “Company”); and 

 

	(2)	 Taipei Fubon Commercial Chargee Co., Ltd., Hong Kong Branch whose principal place of business in Hong
Kong is situated at 16/F, K11 Atelier, Victoria Dockside, 18 Salisbury Road, Tsim Sha Tsui, Kowloon, Hong Kong (“the Chargee” or the “Bank”). 

Each a “Party” and collectively, the “Parties”. 

WHEREAS: 
  

	(A)	 By a facility letter (“Facility Agreement”) dated 18 October 2018 issued by the Bank to the
Company and Import it Corp (collectively the “Borrowers”) and duly executed by them, the Bank agreed to provide to the Borrowers revolving credit facility to the extent of USD25,000,000.00. 

 

	(B)	 It is a condition (amongst others) of the Facility Agreement that a charge over Bank Account (the “Charge
over Bank Account”) be provided by the Chargor in favour of the Chargee as security for Secured Indebtedness (as defined in the Charge over Bank Account). On 25 October 2018, the Parties has entered into the Charge over Bank Account.

  

	(C)	 The Parties agree to enter into this Supplemental Deed to vary the Charge over Bank Account as set out herein.

  
 1 

 WHEREBY IT IS AGREED as follows: 

 

	1.	 DEFINITIONS 

In this Supplemental Deed, unless the context otherwise requires or unless this Supplemental Deed expressly otherwise provides, all words and expressions as
defined in the Charge over Bank Account shall have the same meanings when used or referred to herein. 
  

	2.	 AMENDMENT AND VARIATION TO THE AGREEMENT 

The Parties hereby agree to the following amendments and variations to the Supplemental Deed: 

 

	(A)	 The definition of Share Charge shall be deleted in its entirety and be replaced with the following new
definition of Share Charge: 

 “Share Charges” means (i) the first fixed legal charge of 9,393,800
Class B Ordinary Shares of ECMOHO Limited by Behealth Limited in favour of the Chargee as security for Secured Indebtedness; and (ii) the first fixed legal charge of 9,393,800 Class B Ordinary Shares of ECMOHO Limited by Uhealth
Limited in favour of the Chargee as security for Secured Indebtedness.” 
  

	(B)	 Clause 7.1 of the Charge over Bank Account shall be deleted in its entirety and be replaced with the following
new Clause 7.1: 

 “Each of the following events shall be an Event of Default:- 

 

	 	(a)	 any of the Borrowers makes default in the payment on the due date and in accordance with the terms and
conditions under Facility Agreement of any principal or interest or other moneys outstanding and payable by any of them to the Chargee (whether demanded or not); 

 

	 	(b)	 any of the Obligors make default in the payment on the due date and in accordance with the terms and conditions
relating thereto under any Finance Documents in respect of money and other liabilities; 

  

	 	(c)	 any representation, warranty or undertaking by the Chargor is not complied with or proves to have been or to be
untrue or incorrect in any material respect when made or deemed to be made; 

  
 2 

	 	(d)	 any representation, warranty or undertaking by any of the Obligors under any Finance Documents is not complied
with or proves to have been or to be untrue or incorrect in any material respect when made or deemed to be made; 

  

	 	(e)	 any of the Borrowers does not comply with any of its covenants or obligations under the Facility Agreement in
any material respect; 

  

	 	(f)	 any of the Obligors does not comply with any of its covenants and obligation under any Finance Documents in any
material respect; 

  

	 	(g)	 a petition is presented or an order is made or an effective resolution is passed or analogous proceedings are
taken for the winding up of any of the Borrowers or any Obligor, save for the purposes of an amalgamation, merger or reconstruction the terms whereof have previously been approved by the Chargee; 

 

	 	(h)	 any of the Borrowers or any of the Obligors shall without the consent in writing of the Chargee stop payment to
creditor when due nor within any originally applicable grace period or (if applicable) the Company or any of the Obligors shall (otherwise than for the purpose of such an amalgamation, merger or reconstruction as is referred to in Sub-Clause 7.1(g)) cease or threaten to cease to carry on its business or any substantial part thereof or shall be unable to pay its debts or disposes of the whole or a substantial part of its undertaking or assets;

  

	 	(i)	 there occurs a material adverse change in any of the Borrowers’ or any Obligor’s financial condition
which would, in the reasonable opinion of the Chargee, prevent the Borrowers or any Obligor from performing in any material respect its obligations under this Deed or under any Finance Documents; 

 

	 	(j)	 the Chargor purports or attempts to create any Encumbrance over all or any part of the Charged Assets or any
third party asserts a reasonable and substantial claim in respect thereof (except as permitted under this Deed); 

  

	 	(k)	 the security hereby created or under any Finance Documents or any part thereof fails or ceases for any reason
to be in full force and effect or is terminated or jeopardised or becomes invalid or unenforceable or if there is any dispute regarding the same or if there is any purported termination of the same or it becomes impossible or unlawful for any of the
Borrowers or any Obligor to perform any of its obligations hereunder or under any Finance Documents or for the Chargee to exercise all or any of its rights, powers and remedies hereunder or under any Finance Documents; and 

 

	 	(l)	 a creditor takes possession of all or any part of the business or assets of any of the Borrowers or any Obligor
or any execution or other legal process is enforced against the business or any asset of any of the Borrowers or any Obligor and is not discharged within fourteen (14) days. 

  
 3 

	(C)	 Clause 7.2 of the Charge over Bank Account shall be deleted in its entirety and be replaced with the following
new Clause 7.2: 

 “If an Event of Default has occurred and is continuing, the Chargee may: 

 

	 	(a)	 declare the Secured Indebtedness, all loans and other moneys, obligations and liabilities hereby secured to be,
whereupon they shall become, immediately due and payable without further demand, notice or other legal formality of any kind; 

  

	 	(b)	 declare the Credit Facility to be terminated whereupon all obligations of the Chargee to make further advances
to the Chargor shall immediately cease; 

  

	 	(c)	 demand that the Chargor to provide cash cover to the Chargee for all liabilities of the Chargor to the Chargee,
whereupon the Borrowers shall be under an immediate obligation to provide such cash cover; and 

  

	 	(d)	 in its absolute discretion enforce all or any part of this security in any manner it sees fit or as the Chargee
direct including but limited to the sale and disposal of the Inventories at any price which the Chargee may deem fit. The Company shall not have any right to claim against the Chargee in respect of any loss arising out of any sale pursuant to this
Charge of Inventories in the absence of fraud, gross negligence or willful misconduct by the Chargee, however such loss may have been caused and whether or not a better price could or might have been obtained on the sale of any of the Inventories by
either deferring or advancing the date of such sale or otherwise howsoever. 

  

	(D)	 Clause 12.5 of the Charge over Bank Account shall be deleted in its entirety and be replaced with the following
new Clause 12.5: 

 “12.5 Final Redemption. 

Subject, and without prejudice, to Clause 12.3 (Avoidance of payments), once the Chargee is satisfied that all the Secured Indebtedness have
been discharged in full and that all facilities which might give rise to Secured Indebtedness have terminated, the Chargee shall at the request and cost of the Chargor execute and do all such deeds, acts and things as may be necessary to release or
(as appropriate) re-assign the Charged Assets from the Chargee Security within fourteen (14) Business Days upon the request and at the cost of the Chargor. For the avoidance of doubt, the Facility
Agreement shall be terminated upon the above release. 

  
 4 

	3.	 EFFECT OF THIS SUPPLEMENTAL AGREEMENT 

 

	3.1	 This Supplemental Deed is and shall be construed as supplemental to the Charge over Bank Account, and the
Charge over Bank Account and this Supplemental Deed shall be read and construed as one document and references to “this Charge over Bank Account “ in the Charge over Bank Account and shall be construed accordingly. 

 

	3.2	 Save as expressly amended or varied herein, the other terms and conditions of the Charge over Bank Account
(which have not been amended or varied by this Supplemental Deed) shall remain to be valid, subsisting and enforceable between the Parties. 

  

	4.	 GENERAL 

This Agreement shall be governed by and construed in accordance with the laws of Hong Kong and the parties irrevocably submit to the non-exclusive jurisdiction of the courts of Hong Kong. 
 Remainder of the page intentionally left
blank  

  
 5 

 IN WITNESS whereof this Deed has been duly executed the day and year first above written. 

 

					
	 SEALED with the COMMON SEAL of the

Chargor and SIGNED by
  

duly authorized by the Board of Directors, in

the presence of :-
	 	 )
 )

)
 )

)
	  	  
  

/s/ Qingchun Zeng

 [Signature Page] 

 DATE:    23rd
day of November 2018 
 ECMOHO (Hong Kong) Limited 

to 
 Taipei Fubon Commercial
Chargee Co., Ltd. 
 ********************************************* 

SUPPLEMENTAL DEED 
 to 

CHARGE OVER BANK ACCOUNT 

********************************************* 

LI, WONG, LAM & W.I. CHEUNG 

SOLICITORS & NOTARIES 

22/F., INFINITUS PLAZA, 

199 DES VOEUX ROAD CENTRAL, 

HONG KONG 
 Ref. :
033/93398/18/COMM/B/033/147 

  
 7EX-10.28

 Exhibit 10.28 

EXECUTION VERSION 
 Dated the 23rd day of November 2018 
 BEHEALTH LIMITED 

(as the “Chargor ”) 

and 
 TAIPEI FUBON COMMERCIAL
BANK CO., LTD., 
 HONG KONG BRANCH 

(as the “Chargee”) 
  

 
 SHARE CHARGE

 in respect of 

9,393,800 Class B Ordinary Shares of the Entire Issued Share Capital of 

ECMOHO LIMITED 
  

 
 Li, Wong,
Lam & W.I. Cheung 
 Solicitors 

22/F., Infinitus Plaza, 
 199 Des
Voeux Road Central, Hong Kong 
 Tel: 3181-6600 

Fax: 3181-6699 
 Ref No.:
033/93398/18/COMM/B/033/147 

 THIS SHARE CHARGE is made this 23rd day of
November 2018 
 BETWEEN :- 
  

	(1)	 Behealth Limited, a company incorporated under the laws of the British Virgin Islands whose
registered office is situated at offices of Sertus Incorporations (BVI) Limited, Sertus Chambers, P.O. Box 905, Quastiky Building, Road Town, Tortola, British Virgin Islands (the “Chargor”); and 

 

	(2)	 TAIPEI FUBON COMMERCIAL BANK CO., LTD., HONG KONG BRANCH, a company incorporated in Taiwan having
its principal place of business at 16/F, K11 Atelier, Victoria Dockside, 18 Salisbury Road, Tsim Sha Tsui, Kowloon, Hong Kong (the “Chargee”). 

WHEREAS :- 
  

	(A)	 By a facility letter (“Facility Agreement”) dated 18 October 2018 issued by the Chargee
to the Borrowers (as hereinafter defined) and duly executed by them, the Chargee agreed to provide to the Borrowers a revolving credit facility to the extent of USD25,000,000.00. 

 

	(B)	 The Chargor is the legal and beneficial over of (amongst other) 9,393,800 Class B Ordinary shares in the
capital of ECMOHO LIMITED. 

  

	(C)	 It is a condition (amongst others) of the Facility Agreement that a charge of the Shares (as hereinafter
defined) be provided by the Chargor in favour of the Chargee as security for Secured Indebtedness (as hereinafter defined). 

 NOW THIS
DEED WITNESSETH as follows: 
  

	1.	 DEFINITIONS AND INTERPRETATIONS 

 

	1.1.	 In this Share Charge, except where the context otherwise requires:- 

 

			
	“Authorisation”	  	means a consent, permit, license, approval or authorization of any governmental, judicial, regulatory or other authority of any Relevant Jurisdiction.

  
 1 

			
	“Borrowers”	  	means ECMOHO (HK) and Import It Corp collectively and “Borrower” means any of them and where the context requires includes their respective successors and assigns.
		
	“Business Day”	  	means a day, other than Saturdays and Sundays, on which licensed banks in Hong Kong and PRC are both open for business to the public.
		
	“Charge of Inventories”	  	means (i) a first legal floating charge of Inventories (as therein defined) to be provided by ECMOHO (HK) in favour of the Chargee as security for Secured Indebtedness and (ii) a first legal floating charge of Inventories
(as therein defined) to be provided by Import It Corp in favour of the Chargee as security for Secured Indebtedness.
		
	“Charge over
Bank Account(s)”	  	means (i) a first legal fixed and floating charge over Bank Account (as defined therein) to be provided by ECMOHO (HK) in favour of the Chargee as security for Secured Indebtedness and (ii) a first legal fixed and floating
charge over Bank Account (as defined therein) to be provided by Import It Corp in favour of the Chargee as security for Secured Indebtedness.
		
	“Charge over Receivables”	  	means (i) a first legal fixed and floating charge over the Receivables (as defined therein) to be provided by ECMOHO (HK) in favour of the Chargee as security for Secured Indebtedness and (ii) a first legal fixed and
floating charge over the Receivables (as defined therein) to be provided by Import It Corp in favour of the Chargee as security for Secured Indebtedness.
		
	“Credit Facility”	  	means the revolving credit facility to the extent of USD25,000,000.00 to be provided by the Chargee to the Borrowers under the Facility Agreement.

  
 2 

			
	“Company”	  	means ECMOHO LIMITED, the details of which are set out in Schedule 1.
		
	“Company Shares”	  	means all shares of whatever class in the capital of the Company.
		
	“Dividends”	  	 means all dividends, distributions, money, interest and other sums which are or may become payable by the Company to any person in its
capacity as shareholder of the Company and includes:
  

(i) the right to receive any and all such sums and all claims in respect of any default in paying such sums;
and
  
 (ii)  all forms of remittance
of such sums and an bank or other account to which such sums may be paid or credited.

		
	“ECMOHO (HK)”	  	means ECMOHO (Hong Kong) Limited.
		
	“Encumbrance”	  	 means:
  

(i) any mortgage, charge, pledge, lien, encumbrance, hypothecation or other security interest or security
arrangement of any kind;
  

(ii)  any arrangement whereby any rights are subordinated to any rights of any third party; and

 
 (iii)  any contractual right of set-off.

		
	“Event of Default”	  	means any event specified as such in Clause 7.1 and “prospective Event of Default” means any event which with the giving of notice and/or the passage of time would be an Event of Default.
		
	“Facility Agreement”	  	means the facility letter dated 18 October 2018 issued by the Chargee to the Borrowers relating to the Credit Facility and including its amendments, supplements and
replacements.

  
 3 

			
	“Finance Documents”	  	means the Facility Agreement, this Deed, the Share Charge (2), the Guarantees, the Charge over Bank Account, the Charge of Inventories, the Charge over Receivables and all other securities and documents relating to the Credit
Facility and “Finance Document” means any of them.
		
	“Guarantees”	  	means collectively (i) the guarantee provided by ECMOHO (Hong Kong) Health Technology Limited in favour of the Chargee as security for all liabilities due by the Borrowers to the Chargee to the extent of USD25,000,000.00 and
interest, costs and expenses; and (ii) the guarantee provided by the Company in favour of the Chargee as security for all liabilities due by the Borrowers to the Chargee to the extent of USD25,000,000.00 and interest, costs and
expenses.
		
	“Hong Kong”	  	means Hong Kong Special Administrative Region of the PRC.
		
	“Obligors”	  	means, collectively, all parties to the Finance Documents other than the Chargee, and “Obligor” means any one of them.
		
	“Parties”	  	means the parties to this Share Charge, that is the Chargor and the Chargee, and any of them is named as the “Party”;
		
	“PRC”	  	means the People’s Republic of China, which, for the purpose of this Agreement, does not include Hong Kong, Macau or Taiwan.
		
	“Relevant Jurisdiction”	  	means the PRC, Hong Kong, British Virgin Islands and Cayman Islands.

  
 4 

			
	“Secured Indebtedness”	  	means all moneys, obligations and liabilities whether actual or contingent now or hereafter due owing or incurred to the Chargee by any of the Obligors under Finance Documents in whatever currency denominated and whether alone or
jointly and whether as principal or surely when the same are due and including all costs and expenses incurred by the Chargee relating thereto on a full indemnity basis.
		
	“Share Charge (2)”	  	means a first fixed legal charge of 9,393,800 Class B Ordinary Shares and other shares and rights to be provided by Uhealth Limited in favour of the Chargee as security for Secured Indebtedness.
		
	“Shares”	  	means (i) 9,393,800 Class B Ordinary Shares in the capital of the Company (“Original Shares”) and (ii) all further shares referred to in Clause 2.4 and all rights attached or accrued thereto or derived
therefrom.
		
	“Share Charge”	  	means and includes this Share Charge as originally executed and as it may from time to time be supplemented or amended in accordance with the terms hereof.
		
	“USD”	  	means United States Dollar, the lawful currency of the United States of America.

  

	1.2.	 Unless otherwise stated, references to Clauses are to Clauses of this Share Charge. 

 

	1.3.	 References in this Share Charge to any ordinance shall (except where the context requires) be deemed to include
any statutory re-enactment thereof or any statutory modification thereof having substantially the same legal effect but not having retrospective effect. 

 

	1.4.	 Words importing the singular number only shall include the plural and vice versa and words importing the
masculine gender shall include the feminine gender and neuter genders and vice versa and words importing persons shall include firms and corporations and vice versa. 

  
 5 

	1.5.	 References to any Party shall, where relevant, be deemed to be references to or to include, as appropriate,
their respective successors or assigns. 

  

	1.6.	 References herein to this Share Charge shall be construed as references to such document and to the same as
amended or supplemented from time to time. 

  

	1.7.	 Clause headings are for convenience only and shall not affect the construction hereof. 

 

	1.8.	 For the purpose of this Share Charge, any determination as to whether any event, situation, circumstance, act,
deed or thing is “material”, “appropriate”, “necessary”, “expedient” or has a “material adverse effect” shall be made by the Chargee in good faith and in a commercially reasonable manner, whose
determination shall be conclusive and binding on the Chargor. 

  

	2.	 CHARGE OF SHARES 

 

	2.1.	 Covenant to pay  

The Chargor hereby covenants that it will on demand pay to the Chargee the Secured Indebtedness and discharge all moneys obligations and
liabilities whether actual or contingent now or hereinafter due owing or incurred to the Chargee by the Obligors under the Finance Documents in whatever currency denominated and whether alone or jointly and in whatever style name or form and whether
as principal or surety when the same are due including all costs and expenses incurred by the Chargee relating thereto on a full indemnify basis. Notwithstanding the foregoing, the Chargor’s aggregate liability to pay any amount under this
Share Charge shall at no time exceed the realisable value of the Shares, and the Chargee’s recourse against the Chargor under this Share Charge shall be limited exclusively to the proceeds of enforcement in respect of the Shares.  

 

	2.2.	 Security  

The Chargor as legal and beneficial owner and as continuing security for the payment and discharge of all Secured Indebtedness hereby charges
by way of first fixed charge the Shares in favour of the Chargee. 

  
 6 

	2.3.	 Deposit of documents  

 

	 	(a)	 Forthwith upon the execution of this Share Charge, the Chargor shall deliver to the Chargee:

  

	 	(i)	 all certificates and other documents of title or evidence of ownership in relation to the Original Shares;

  

	 	(ii)	 duly executed but undated Transfer Forms in respect of the Original Shares in favour of the Chargee or its
nominees in the form set out in Schedule 2 to this Share Charge and other documents which may be reasonably requested by the Chargee in order to enable the Chargee or its nominees to be registered as the owner or otherwise obtain a legal title to
the Original Shares; 

  

	 	(iii)	 extract of a duly convened meeting of the board of directors of the Company and duly passed by the requisite
votes of directors resolving to (i) approve the charge of Shares by the Chargor as contemplated under this Shares Charge, (ii) convene a shareholders’ meeting of the Company to consider and approves if thought fit, (a) the charge
of Shares by the Chargor as contemplated under this Share Charge; and (b) the adoption of a Second Amended and Restated Memorandum and Articles of Association of the Company to facilitate the Share Charge and its enforcement in such form
satisfactory to the Chargee; 

  

	 	(iv)	 extract of a duly convened meeting of the shareholders of the Company and duly passed by the requisite votes of
shareholders resolving (amongst other) to approve (a) the charge of Shares by the Chargor as contemplated under this Share Charge; and (b) the adoption of a Second Amended and Restated Memorandum and Articles of Association of the Company
to facilitate the Share Charge and its enforcement in such form satisfactory to the Chargee ; 

  

	 	(v)	 a legal opinion issued by a law firm practising in the Cayman Islands (as engaged by the Chargee) to the
Chargee advising (amongst other) that (a) this Share Charge does not contravene Cayman laws; and (b) the adoption of a Second Amended and Restated Memorandum and Articles of Association of the Company as aforesaid effected by the requisite
votes of the shareholders of the Company is valid and effective under Cayman laws in such form approved by the Chargee; 

  
 7 

	 	(vi)	 a legal opinion issued by a law firm practising in the British Virgin Islands (as engaged by the Chargee) to
the Chargee advising (amongst other) (a) that based on the due Authorization as provided, this Share Charge is validly created and binding on the Chargor under the laws of the British Virgin Islands and (b) on the priority of the security
constituted by this Share Charge upon registration in the public register of charges maintained by the Registrar of Corporate Affairs, the British Virgin Island, in such forms approved by the Chargee; 

 

	 	(vii)	 an undated and executed proxy made in respect of the Shares in favour of the Chargee in respect of all general
meetings and written resolutions of the Company in the forms set out in Parts I and II of Schedule 3 (Form of Appointment of Proxy); and 

  

	 	(viii)	 an undertaking from the Company to register transfers of the Shares to the Chargee or its nominee in the form
set out in Schedule 4 (Form of Undertaking). 

  

	 	(b)	 At any time when this security is enforceable, the Chargor further authorises the Chargee to complete any such
documents deposited with the Chargee which may be incomplete including, without limitation, undated Transfer Forms in respect of the Shares made out in blank and any other documents of title to the Shares. 

 

	 	(c)	 Changes to Rights  

The Chargor may not take or allow the taking of any action on its behalf which may result in the rights attaching to any of the Shares being
altered or (without the consent of the Chargee) further shares in the Company being issued. 
  

	 	(d)	 No Liability for Calls  

Nothing in this Share Charge shall be construed as placing on the Chargee any liability whatsoever in respect of any calls, instalments or
other payments relating to any of the Shares or any rights, shares or other securities accruing, offered or arising as aforesaid, and the Chargor shall indemnify the Chargee in respect of all calls, instalments or other payments relating to any of
the Shares and to any rights, shares and other securities accruing, offered or arising as aforesaid in respect of any of the Shares. 

  
 8 

	2.4.	 The expression “Shares” includes (i) all Company Shares to be further charged by the Chargor to
the Chargee as security for Secured Indebtedness from time to time (“Further Shares”), (ii) all allotments, accretions, benefits and advantages whatsoever at any time accruing in respect of the Original Shares and Further Shares,
including without limitation, all stocks, shares and securities which may at any time be issued and/or moneys, rights or property which may at any time accrue or be offered (whether by way of bonus, redemption, preference, option or otherwise) in
respect of the Original Shares and Further Shares (the “Additional Shares”), (iii) all certificates or other evidence of title to the Original Shares, Further Shares or any of the Additional Shares now and from time to time
hereafter deposited with the Chargee and (iv) all moneys, Dividends and interest at any time arising in respect of the Original Shares, Further Shares or any of the Additional Shares, and accordingly all of the foregoing shall be included in
the first fixed charge hereby created. For any Additional Shares which may at any time during the continuance of the security be issued or otherwise acquired, the Chargor shall promptly deposit with the Chargee all such documents set out in Clause
2.3(a) relating to them as the Chargee shall require.  

  

	2.5.	 Registration in Name of Chargee  

The Chargor agrees that at any time after the occurrence of an Event of Default which is continuing, the Chargee may, at the cost of the
Chargor, register the Shares in the name of the Chargee or its nominee. 
  

	2.6.	 Filing And Registration With Relevant Authority  

The Chargor shall: 
  

	 	(a)	 immediately after the execution of this Share Charge instruct its registered agent to (i) create and
maintain a private register of charges (the Register of Charges) in accordance with all the applicable laws of the British Virgin Islands and to enter particulars of the security created pursuant to this Share Charge in the Register of
Charges; and (ii) effect registration of this Share Charge with the public register of charges maintained by the Registrar of Corporate Affairs (the “Registrar”) in the British Virgin Islands; 

  
 9 

	 	(b)	 within 14 days from the date of this Share Charge, deliver or procure to be delivered to the Chargee a copy of
the updated Register of Charges; and 

  

	 	(c)	 within 28 days from the date of this Share Charge, deliver or procure to be delivered to the Chargee the
certificate of registration of charge issued by the Registrar and a copy of the description of charge, stamped as “registered” by the Registrar. 

  

	3.	 CONTINUING SECURITY 

 

	3.1.	 The security hereby constituted is to be a continuing security and accordingly shall remain in operation until
all the Secured Indebtedness and all moneys hereby undertaken to be paid or intended to be hereby secured have been paid off or satisfied in full. 

  

	3.2.	 The security hereby constituted shall not be in any way affected, diminished or discharged by the taking,
holding, varying, non-enforcement, realisation, release or failure to renew or perfect or enforce by the Chargee of any other security for all or any of the Secured Indebtedness or for all or any of the other
sums, payment of which is hereby undertaken to be made or which are otherwise hereby secured, or by any time, indulgence, concession, dealing or other thing done or omitted or neglected to be done by the Chargee in relation to any such other
security, or the Chargor, the Borrowers or any other obligors, and is in addition to and not in substitution for any other guarantee, indemnity, undertaking, agreement, pledge, assurance, lien, bill, note, mortgage, charge, debenture or other
security which may now or hereafter held by the Chargee for or in respect of the Secured Indebtedness or any part thereof and may be enforced without first having recourse to any such other guarantee, indemnity, undertaking, agreement, pledge,
assurance, lien, bill, note, mortgage, charge, debenture or security.  

  

	4.	 REPRESENTATIONS AND WARRANTIES 

The Chargor hereby represents and warrants to the Chargee that:- 
  

	 	(a)	 the Chargor is the registered and beneficial owner of the Shares and will during the continuance of this
security be the registered and beneficial owner of the Shares, and that such Shares are free from Encumbrance (subject to the first fixed charge created by this Share Charge) and the Chargor will not purport to enter into any agreement to sell or
transfer any of the Shares other than to the Chargee or at the Chargee’s direction; 

  
 10 

	 	(b)	 the Chargor will notify the Chargee in writing of appointment of persons (other than the persons who presently
constitute the board of directors of the Borrower as of the date of this Share Charge) to the board of directors of the Borrower as soon as practicable after any such appointment; 

 

	 	(c)	 the Chargor is a company duly incorporated with limited liability and validly existing under the laws of the
British Virgin Islands, and it has the necessary capacity power and authority to enter into and execute this Share Charge and to perform and observe its obligations contained herein; 

 

	 	(d)	 the execution, delivery and performance of this Share Charge have been duly authorised by all necessary action
of the Chargor and do not contravene the constitution of the Chargor under all applicable laws and regulations of the British Virgin Islands and Hong Kong. This Share Charge, as executed and delivered, constitutes legal, valid and binding
obligations of the Chargor, enforceable in accordance with its terms, subject to limitation on enforceability of claims which are made out of time, held to be penalties or subject to the application of discretionary remedies; 

 

	 	(e)	 the execution and delivery of, and the performance of the provisions of, this Share Charge by the Chargor do
not, and will not during the continuance of this Share Charge (i) contravene any existing applicable law, ordinance, regulation, decree or permit, or any order, judgment, decree or award of any court or any judicial, administrative or
governmental authority, department or agency presently in effect and applicable to the Chargor or any of its assets, or (ii) contravene any contractual restriction binding on the Chargor or any of its assets, or (iii) cause any limit on
any of the borrowing, guaranteeing, charging or other powers of the Chargor (whether imposed by its memorandum or articles of association, or by agreement, instrument or otherwise), or upon any of the powers of its board of directors to exercise any
of such powers, or any other limit affecting the Chargor, to be exceeded, or (iv) create or result in or oblige the Chargor to create any lien, charge, security interest or other encumbrance on the whole or any part of the Chargor’s
property, assets or revenues, present or future; 

  
 11 

	 	(f)	 all authorisations required by the Chargor in connection with the entry into, performance, validity and
enforceability of, and the transactions contemplated by, this Share Charge have been obtained or effected (as appropriate) and are in full force and effect including but not limited to the requisite approval of the directors and shareholders of the
Company; 

  

	 	(g)	 every consent, authorisation, licence or approval (if any) of or declaration to, governmental or public bodies
or authorities or courts required by the Chargor to execute this Share Charge have been obtained and are in full force, validity and effect, and, as of the date of this Share Charge, no further governmental or other consents, authorities or
approvals are necessary for the performance by the Chargor of its obligations hereunder; 

  

	 	(h)	 the obligations of the Chargor under this Share Charge are direct, general and unconditional obligations of the
Chargor and rank at least pari passu with all the Chargor’s other present and future unsecured and unsubordinated indebtedness and other obligations (including contingent obligations) with the exception of indebtedness and other such
obligations mandatorily preferred by law and not by contract; 

  

	 	(i)	 there are no litigation, arbitration, administrative or other proceedings pending before any court, tribunal,
arbitrator, government agency or administrative body against or threatened against the Chargor or any of its assets which if adversely determined could or would reasonably be expected to have a material adverse effect on the business, assets or
condition (financial or otherwise) of the Chargor or the ability of the Chargor to perform any of its obligations required by the terms and conditions of this Share Charge (the “Material Adverse Effect”); 

 

	 	(j)	 the Chargor is not in breach of or in default under any statutory or other requirements applicable to the
Chargor or in default in the payment of any indebtedness or liabilities in respect of borrowed money or in breach of or in default under any other provision of any indenture, deed of trust, agreement or other instrument to which the Chargor is a
party and under or subject to which any such borrowed money has been issued and is outstanding which could or would reasonably be expected to have a Material Adverse Effect; and no event, condition or act which with the giving of notice or lapse of
time, or both, would constitute an event of default under any such indenture, deed of trust, agreement or other instrument has occurred or is continuing which has not been properly waived or remedied thereunder; 

  
 12 

	 	(k)	 the information contained in all accounts, certificates, schedules or other documents (if any) supplied to the
Chargee relating to the Chargor or any of the Shares or the Borrowers or any other Obligors is true and accurate in all material respects, and the opinions and forecast expressed therein (if any) are honestly held and have been made on a reasonable
basis, and there are no material facts relating to the Chargor or any of the Shares or the Borrowers or any other Obligors which could or might affect the willingness of a reasonable party to rely on a share charge of the Shares from the Chargor in
terms similar to the terms of this Share Charge, which have not been disclosed to the Chargee; and 

  

	5.	 UNDERTAKING 

  

	5.1.	 The Chargor hereby further undertakes and/or covenants with the Chargee that:-  

 

	 	(a)	 each of the representations and warranties contained in Clause 4 will be true and accurate in all material
respects as though made on and as of each day on which Secured Indebtedness shall remain outstanding and as if made with reference to the facts and circumstances subsisting on each such date; 

 

	 	(b)	 the Chargor will promptly inform the Chargee of the occurrence of any event of which the Chargor becomes aware
which, in the Chargor’s reasonable opinion, might adversely affect the ability of the Chargor, the Borrower or any other Obligor to the other Finance Documents to fully perform their respective obligations under the Facility Agreement, this
Share Charge and any of the other Finance Documents; 

  

	 	(c)	 the Chargor will endeavour to obtain or cause to be obtained every consent and approval and do, or cause to be
done, all other acts and things which may from time to time be necessary for the continued due performance of all the Chargor ’s obligations hereunder; and 

  
 13 

	 	(d)	 while the Credit Facility is available for drawing and for so long as the Secured Indebtedness remains
outstanding, this Share Charge will continue to rank at least pari passu with the Chargor’s existing and future unsecured and unsubordinated indebtedness and other obligations (including contingent liabilities) with the exception of
indebtedness and other such obligations mandatorily preferred by law and not by contract. 

  

	5.2.	 The Chargor hereby further covenants and undertakes with the Chargee that for so long as the Secured
Indebtedness or any part thereof remains outstanding, the Chargor shall provide the Chargee promptly with all financial information relating to the Company as the Chargee may from time to time require, and in particular the Chargor will
(a) within 60 days after the end of the first 6 months of each accounting period, provide the Chargee with copy, certified as true and complete copy by a director of the Company, of the unaudited financial statements of the Company for the 6
month period, and (b) within 120 days from the close of financial year of the Company, provide the Chargee with copy of its audited annual financial statements (and consolidated financial statement, if any) for such year duly signed by the
directors of the Company. 

  

	5.3.	 The Chargor hereby further covenants and undertakes with the Chargee that for so long as the Secured
Indebtedness or any part thereof remains outstanding, the Chargor shall not create or agree to create or permit to arise any subsequent charge over or in respect of the Shares or any part thereof or any interest therein, and shall not sell or
transfer any of the Shares without the prior written consent of the Chargee. 

  

	6.	 FURTHER ASSURANCE 

 

	6.1.	 The Chargor shall at any time hereafter (whether before or after the security hereby constituted shall have
become enforceable), on request by the Chargee, execute, sign, seal, deliver and do all transfers, contract notes, powers of attorney and other instruments, deeds, agreements, documents, acts and things and give or procure the giving by the
directors of the Company of all consents approvals and directions which the Chargee may reasonably require for perfecting the Chargee’s title to the Shares or vesting the same, or any of them, in a purchaser or in any trustee for or nominee of
the Chargee. 

  
 14 

	6.2.	 (a) The Chargor hereby irrevocably and unconditionally undertakes with the Chargee that the Chargor will at any
time hereafter (whether before or after the security hereby constituted shall have become enforceable), if and when required by the Chargee, execute, sign, seal, deliver, do and pass, or cause or procure to be executed, signed, sealed, delivered,
done or passed such legal or other mortgages, charges, pledges, assignments, transfers, assurances, powers of attorney, letters, resolutions, acts and things in favour or for the benefit of the Chargee as the Chargee shall reasonably require over or
in respect of the Shares as further security for the Secured Indebtedness or as the Chargee may reasonably require for perfecting the security hereby constituted and/or for protecting the priority of such security. 

(b) Any mortgages, charges, pledges, assignments, transfers, assurances, powers of attorney, letters or resolutions to be executed by the
Chargor or any other person pursuant to Clause 6.2(a) above shall be prepared by or on behalf of the Chargee at the cost and expense of the Chargor and shall, in the case of any mortgages, charges or pledges, contain (i) an immediate power of
sale without notice upon the security thereby constituted becoming enforceable, (ii) a clause excluding any restrictions imposed by any law on the power of sale, and (iii) a clause excluding any restrictions imposed by any law on the
consolidation of mortgages or other securities. 
  

	7.	 ENFORCEMENT OF SECURITY 

 

	7.1.	 Each of the following events shall be an Event of Default:  

 

	 	(a)	 any of the Borrowers makes default in the payment on the due date and in accordance with the terms and
conditions under Facility Agreement of any principal or interest or other moneys outstanding and payable by any of them to the Chargee (whether demanded or not);  

 

	 	(b)	 any of the Obligors make default in the payment on the due date and in accordance with the terms and conditions
relating thereto under any Finance Documents in respect of money and other liabilities;  

  

	 	(c)	 any representation, warranty or undertaking by the Chargor is not complied with or proves to have been or to be
untrue or incorrect in any material respect when made or deemed to be made;  

  
 15 

	 	(d)	 any representation, warranty or undertaking by any of the Obligors under any Finance Documents is not complied
with or proves to have been or to be untrue or incorrect in any material respect when made or deemed to be made;  

  

	 	(e)	 any of the Borrowers does not comply with any of its covenants or obligations under the Facility Agreement in
any material respect;  

  

	 	(f)	 any of the Obligors does not comply with any of its covenants and obligation under any Finance Documents in any
material respect;  

  

	 	(g)	 a petition is presented or an order is made or an effective resolution is passed or analogous proceedings are
taken for the winding up of any of the Borrowers or any Obligor, save for the purposes of an amalgamation, merger or reconstruction the terms whereof have previously been approved by the Chargee;  

 

	 	(h)	 any of the Borrowers or any of the Obligors shall without the consent in writing of the Chargee stop payment to
creditors when due nor within any originally applicable grace period or (if applicable) the Company or any of the Obligors shall (otherwise than for the purpose of such an amalgamation, merger or reconstruction as is referred to in Sub-Clause 7.1(g)) cease or threaten to cease to carry on its business or any substantial part thereof or shall be unable to pay its debts or disposes of the whole or a substantial part of its undertaking or
assets;  

  

	 	(i)	 there occurs a material adverse change in any of the Borrowers’ or any Obligor’s financial condition
which would, in the reasonable opinion of the Chargee, prevent the Borrowers or any Obligor from performing in any material respect its obligations under this Deed or under any Finance Documents;  

 

	 	(j)	 the Chargor purports or attempts to create any Encumbrance over all or any part of the Shares or any third
party asserts a reasonable and substantial claim in respect thereof (except as permitted under this Deed);  

  

	 	(k)	 the security hereby created or under any Finance Documents or any part thereof fails or ceases for any reason
to be in full force and effect or is terminated or jeopardised or becomes invalid or unenforceable or if there is any dispute regarding the same or if there is any purported termination of the same or it becomes impossible or unlawful for any of the
Borrowers or any Obligor to perform any of its obligations hereunder or under any Finance Documents or for the Chargee to exercise all or any of its rights, powers and remedies hereunder or under any Finance Documents; and 

  
 16 

	 	(l)	 a creditor takes possession of all or any part of the business or assets of any of the Borrowers or any Obligor
or any execution or other legal process is enforced against the business or any asset of any of the Borrowers or any Obligor and is not discharged within fourteen (14) days.  

 

	7.2.	 If an Event of Default has occurred and is continuing, the Chargee may:  

 

	 	(a)	 declare the Secured Indebtedness, all loans and other moneys, obligations and liabilities hereby secured to be,
whereupon they shall become, immediately due and payable without further demand, notice or other legal formality of any kind;  

  

	 	(b)	 declare the Credit Facility to be terminated whereupon all obligations of the Chargee to make further advances
to the Borrowers shall immediately cease;  

  

	 	(c)	 demand that the Chargor to provide cash cover to the Chargee for all liabilities of the Borrowers to the
Chargee, whereupon the Chargor shall be under an immediate obligation to provide such cash cover; and  

  

	 	(d)	 in its absolute discretion enforce all or any part of this security in any manner it sees fit or as the Chargee
direct including but limited to the sale and disposal of the Shares at any price which the Chargee may deem fit. The Chargor shall not have any right to claim against the Chargee in respect of any loss arising out of any sale pursuant to this Share
Charge in the absence of fraud, gross negligence or willful misconduct by the Chargee, however such loss may have been caused and whether or not a better price could or might have been obtained on the sale of any of the Shares by either deferring or
advancing the date of such sale or otherwise howsoever.  

  

	7.3.	 The Chargee shall not be liable, by reason of entering into possession of the Shares, to account as Chargee in
possession or for any loss on realization or for any default or omission for which a Chargee in possession might be liable. 

  
 17 

	7.4.	 No restriction imposed by any ordinance or law in force in Hong Kong or elsewhere on any power of sale or on
the consolidation of mortgages or other securities shall apply to this security.  

  

	7.5.	 No person dealing with the Chargee, or with its brokers or agents, shall be concerned to enquire whether the
security hereby constituted has become enforceable, or whether the power exercised or purported to be exercised has become exercisable, or whether any moneys remain due upon the security of this Share Charge, or as to the necessity or expediency of
the stipulations and conditions subject to which any sale of any of the Shares shall be made, or otherwise as to the propriety or regularity of any sale of any of the Shares, or to see to the application of any money paid to the Chargee, or its
brokers or agents, and in the absence of fraud, gross negligence or willful misconduct on the part of such person such dealing shall be deemed so far as regards the safety and protection of such person to be within the powers hereby conferred and to
be valid and effectual accordingly, and the remedy of the Chargor in respect of any irregularity or impropriety whatsoever in the exercise of such powers shall be in damages only.  

 

	7.6.	 Upon any sale of any of the Shares, the receipt of the Chargee for the purchase money of the Shares sold shall
effectually discharge the purchaser or person paying the same therefrom and from being concerned to see to the application or being answerable for the loss or misapplication thereof.  

 

	7.7.	 (a) All moneys received by the Chargee arising from any sale of any of the Shares under the power of sale
hereby conferred shall be applied as follows:- 

  

			
	FIRSTLY:	  	in or towards payment or satisfaction of all costs, charges, expenses and liabilities incurred and payments made by or on behalf of the Chargee, whether governmental, municipal, contractual or otherwise in connection with such sale
together with, in every such case, interest thereon at the rate provided for in Clause 10.2;
		
	SECONDLY:	  	in or towards payment to the Chargee of the Secured Indebtedness (unless the Chargee elects to put such moneys in an interest-bearing suspense account), until the whole of the Secured Indebtedness shall have been certified in
writing by the Chargee as having been paid in full and discharged; and

  
 18 

			
	THIRDLY:	  	following such payments the remaining balance (if any) shall be paid to the Chargor for its rights and interests or such other person as may be entitled thereto.

 (b) At any time after the power of sale has arisen, any Dividends which have been or may be received or
receivable by the Chargee may be applied by the Chargee as if they were proceeds of sale hereunder. 
  

	8.	 DIVIDEND AND VOTING RIGHT 

 

	8.1.	 If an Event of Default has occurred and is continuing, any Dividends on or with respect of the Shares shall be
paid to the Chargee and, shall be applied by the Chargee in discharge of the Secured Indebtedness and, if received by the Chargor shall be paid over to the Chargee forthwith upon receipt and until such payment shall be held by it in trust for the
Chargee. 

  

	8.2.	 If an Event of Default has occurred and is continuing, the Chargee may exercise at its discretion (in the name
of the Chargor or otherwise and without any further consent or authority on the part of the Chargor) any voting rights attaching to the Shares or any of them as if the Chargee were the sole beneficial owner thereof. 

 

	8.3.	 The Chargor by way of security hereby irrevocably authorises the Chargee at any time after an Event of Default
has occurred and is continuing to act as its proxy in all general meetings of the Company, and the Chargor hereby agrees to obtain the Chargee’s consent on all issues requiring a resolution of the Chargor as a shareholder of the Company and
undertakes to supply to the Chargee all notices issued to it by the board of directors of the Company convening general meetings. 

  

	9.	 RELEASE AND DISCHARGE 

 

	9.1.	 If all the Secured Indebtedness and all other moneys payment of which is hereby undertaken to be made or which
are intended to be hereby secured shall have been duly paid, the Chargee shall discharge and release this Share Charge and the security hereby created and release, re-assign and transfer all the Shares to the
Chargor as the Chargor shall direct, within fourteen (14) Business Days upon the request and at the cost of the Chargor. For the avoidance of doubt, the Facility Agreement shall be terminated upon the above release. 

  
 19 

	9.2.	 Any release, discharge or settlement between the Chargor and the Chargee shall be conditional upon no security,
disposition or payment to the Chargee by the Chargor or any other person being avoided or reduced pursuant to any provisions or enactments relating to bankruptcy, liquidation, winding-up or dissolution or
insolvency, and if such condition shall not be fulfilled the Chargee shall be entitled to enforce this security subsequently as if such release, discharge or settlement had not occurred.  

 

	10.	 COSTS, CHARGES AND EXPENSES 

 

	10.1.	 The Chargor shall pay duly and promptly all calls which may from time to time be made in respect of any unpaid
moneys in respect of the Shares and any other moneys which the Chargee may lawfully be required to pay in respect of any of the Shares and in the event of the Chargor’s default the Chargee may, if it thinks fit, make such payments on behalf of
the Chargor. Any money expended by the Chargee under this Clause 10.1 shall be deemed to be properly paid by the Chargee. For the avoidance of doubt, it is hereby expressly provided that neither the Chargee nor any trustee or nominee of the Chargee
shall incur any liability in respect of any calls, instruments or payments relating to the Shares or any of them.  

  

	10.2.	 The Chargor hereby undertakes with the Chargee to pay to the Chargee, on demand all costs, charges and expenses
incurred hereunder by the Chargee (with respect to legal expenses on a solicitor-and-own-client basis) and all other moneys paid
by the Chargee in perfecting this security or in respect of the Shares. 

  

	10.3.	 The Chargor shall pay, on demand, all reasonable costs, charges and expenses (including legal fees and out-of-pocket expenses) incurred or to be incurred by the Chargee in connection with the preparation and negotiation, execution of this Share Charge and all costs, charges and
expenses (including legal fees on a full indemnity basis and out-of-pocket expenses) incurred or to be incurred by the Chargee in connection with the enforcement of this
Share Charge. 

  

	10.4.	 The charge created hereunder to secure the Secured Indebtedness shall be in addition and without prejudice to
any and every other right, power, remedy, lien or security which the Chargee may have or but for the said charge would have had for the moneys hereby secured, or any part thereof. 

  
 20 

	11.	 POWER OF ATTORNEY 

 

	11.1.	 In respect of any instruments of transfer and contract notes relating to any of the Shares, the Chargor hereby
irrevocably and by way of security authorises the Chargee at any time hereafter to date any such instruments of transfer and contract notes if the same be undated, and if the same shall have been theretofore in blank to fill in any blanks in favour
of the Chargee, or any trustee for or nominee of the Chargee, or any purchaser. 

  

	11.2.	 The Chargor, by way of security, hereby irrevocably authorises the Chargee at any time hereafter to insert the
name of the Chargee or its trustees or nominees or of any purchaser or to make any alteration or addition in or to any instruments of transfer, contract notes or documents which the Chargee may require for perfecting its title to or for vesting the
Shares in the Chargee or its trustees or nominees or in any purchaser, and to re-deliver the same thereafter, and the Chargor hereby irrevocably and by way of security appoints the Chargee and its successors
and assigns to be its attorney (with full power of substitution) and in its name and on its behalf and as its act and deed or otherwise to execute, sign, seal, deliver and do and otherwise perfect any such transfers, contract notes and other
documents as aforesaid and all such deeds, assurances, agreements, instruments, acts and things which may be required for the full exercise of all or any of the powers hereby conferred or which may be deemed proper on, or in connection with, any
sale, disposition or getting in by the Chargee of any of the Shares. 

  

	11.3.	 Notwithstanding the foregoing, such power shall not be exercisable by or on behalf of the Chargee until an
Event of Default has occurred and is continuing. 

  

	11.4.	 The Chargor hereby ratifies and confirms and agrees to ratify and confirm any instrument, deed, act or thing
which the Chargee or its successors and assigns may lawfully execute, sign, seal, deliver or do or cause to be executed, signed, sealed, delivered or done pursuant to Clauses 11.1 or 11.2 above. 

  
 21 

	12.	 SUSPENSE ACCOUNT 

 

	12.1.	 Any money received by the Chargee by virtue of or in connection with this security may be placed to the credit
of a suspense account at the discretion of the Chargee pending the enforcement or realisation of any other security held by the Chargee with a view to preserving the rights of the Chargee to prove for the whole of its claims against the Chargor or
any other person liable in the event of any proceedings in or analogous to liquidation, winding-up, dissolution, insolvency, composition or arrangement. . 

 

	12.2.	 (a) If the Chargee receives notice of any subsequent mortgage, debenture, charge, pledge, lien, assignment,
encumbrance or other disposition affecting the Shares or any of them or any interest therein, the Chargee may open a new account with the Chargor in respect of the Secured Indebtedness. 

(b) If the Chargee does not open a new account it shall nevertheless be treated as if it had done so at the time when it received such notice,
and as from that time all payments made to the Chargee by the Chargor in respect of the Secured Indebtedness or any part thereof shall be credited or be treated as having been credited to the new account and shall not operate to reduce the amount
due from the Chargor to the Chargee at the time when it received notice. 
  

	13.	 NOTICE 

  

	13.1.	 Service of Proceedings 

 

	 	(a)	 Any notice, request, certificate, demand or other communication required to be given by any party hereto to the
other parties hereto shall be in writing and shall be deemed to have been so given if addressed to the addressee at its address in Hong Kong herein mentioned or to such other address in Hong Kong as may have been notified in writing by such party to
the other parties hereto in accordance with this Clause 13.1. 

  

	 	(b)	 Any notice, request, certificate, demand or other communication delivered personally shall be deemed to have
been given at the time of such delivery. Any notice, request, certificate, demand or other communication dispatched by letter postage prepaid shall be deemed to have been given forty eight (48) hours after posting. Any notice, request,
certificate, demand or other communication sent by telex or facsimile transmission shall be deemed to have been given at the time of dispatch and any notice, request, certificate, demand or other communication sent by cable shall be deemed to have
been given twenty four (24) hours after dispatch. Provided always that any notice, request, certificate, demand or other communication to be given by the Chargor to the Chargee shall only be effective upon actual receipt thereof by the Chargee
(as the case may be). 

  
 22 

	 	(c)	 Any legal process including any writ or originating summons or otherwise and any other summons or notice to be
served on a party by the other party hereto in any legal proceeding or action in any court or tribunal shall be deemed to be sufficiently and duly served forty eight (48) hours after having been left or sent by ordinary pre-paid post to the addressee’s registered office or usual place of business in Hong Kong and in proving service it shall be sufficient to prove that the legal process or summons or notice was properly
addressed and posted or properly left (as the case may be) irrespective of whether the same is returned through the post undelivered to the addressee. 

  

	13.2.	 Administrative details 

The initial administrative details of the Parties are contained in Schedule 2 (Initial administrative details of the
parties) but a party may amend its own details at any time by notice to the other party. 
  

	13.3.	 Delivery to registered office  

Any notice to the Chargor may alternatively be sent to its registered office or to any of its places of business or to any of its directors or
its company secretary; and it will be deemed to have been received when delivered to any such places or persons.  
  

	14.	 MISCELLANEOUS 

 

	14.1.	 Modification: This Share Charge may only be varied or modified by supplemental agreement or other
document executed by all the Parties. 

  

	14.2.	 Severability: Any provision of this Share Charge prohibited by or declared or adjudged to be unlawful or
unenforceable under any applicable law actually applied by any court of competent jurisdiction shall, to the extent required by such law, be severed from this Share Charge and rendered ineffective so far as is possible without modifying the
remaining provisions of this Share Charge. Where however the provisions of any such applicable law may be waived, they are hereby waived by the Parties to the full extent permitted by such law to the end that this Share Charge shall be valid and
binding and enforceable in accordance with its terms. 

  
 23 

	14.3.	 Disclosure of Information: The Chargee may disclose to any of its subsidiaries or associated companies,
or a prospective transferee or to any other person who may propose entering into, or who has entered into, contractual relations with the Chargee in relation to the Agreement or any of the Finance Documents such information about the Chargor as the
Chargee shall consider appropriate solely for the purpose of appraising the transaction contemplated thereby but to the extent of any such information being customarily regarded as confidential by the Chargor, on a confidential and need to know
basis by disclosing the information subject to delivery of a confidentiality undertaking. 

  

	14.4.	 Legal Representation: The Parties acknowledge that Messrs. Li, Wong, Lam & W.I. Cheung acts as
legal counsel of the Chargee only relating to this Share Charge. The Chargor will take separate legal advice as it sees fit. 

  

	14.5.	 Third Party Rights: Nothing contained herein is intended to grant to any third party any right to
enforce any term hereof or to confer on any third party any right or benefit hereunder for the purposes of the Contracts (Rights of Third Parties) Ordinance and any enactment thereof and the application of the said Ordinance is expressly excluded.

  

	15.	 WAIVER 

  

	15.1.	 Any waiver by the Chargee of any breach of any of the undertakings, terms or conditions contained herein or
other relaxation or indulgence granted at any time by the Chargee to the Chargor or any other person, shall, without any express reservation to that effect by the Chargee, be deemed to be without prejudice to and shall not affect the exercise at any
time thereafter by the Chargee of all or any of its rights, powers and remedies hereunder as though no such waiver had been made or relaxation or indulgence granted. No failure or delay by the Chargee in exercising or enforcing any right, power or
remedy shall operate as a waiver thereof, nor shall any single or partial exercise, enforcement or waiver of any right, power or remedy preclude its further exercise or enforcement, or the exercise or enforcement of any other right, power or remedy.
The rights, powers and remedies herein provided are cumulative and not exclusive of any rights, powers or remedies provided by law. 

  
 24 

	15.2.	 No provision hereof may be waived, discharged or terminated orally, except only by an instrument in writing
signed by the Party against whom enforcement of the waiver, discharge or termination is sought. 

  

	15.3.	 No waiver of any of the rights or powers of the Chargee or any consent by the Chargee shall be valid unless
signed by the Chargee in writing. 

  

	15.4.	 Time is of the essence of this Share Charge, but no failure or delay by the Chargee in exercising or enforcing
any right, power or privilege hereunder shall operate as a waiver thereof, nor shall any single or partial exercise or enforcement of any right, power or privilege preclude any further exercise or enforcement thereof or the exercise or enforcement
of any other right, remedy, power or privilege. The rights, remedies, powers and privileges herein provided are cumulative and not exclusive of any rights and remedies powers or privileges provided by law. 

 

	16.	 ASSIGNMENT 

  

	16.1.	 This Share Charge shall be binding upon and enure to the benefit of the Parties and their respective successors
and permitted assigns, except that the Chargor may not assign or transfer any of their respective rights, benefits, duties or obligations hereunder. 

  

	16.2.	 If the Chargee shall assign the whole or any part of its rights under the Facility Agreement in accordance with
the terms thereof, the Chargee, at its own costs and expenses, may also assign the whole or the appropriate portion of its rights hereunder, in which event references herein to the Chargee shall thenceforth be deemed to include a reference to each
assignee to the extent of its interest, provided that the Chargee shall notify the Chargor of any assignment of its rights hereunder within fourteen (14) Business Days of such assignment. 

 

	16.3.	 Any representation, warranty, undertaking and arrangement on the part of the Chargor hereunder shall survive
the making of any assignment of the Chargee under the Facility Agreement, hereunder or under any of the other Finance Documents, the change in the name of the Chargee or the Chargee’s amalgamation with, or absorption by, any other corporation.

  
 25 

	17.	 GOVERNING LAW AND JURISDICTION 

 

	17.1.	 Governing Law: This Share Charge and the rights and obligations of the Parties shall be governed by and
construed and interpreted in all respects in accordance with the laws of Hong Kong, and the Parties hereby irrevocably submit to the non-exclusive jurisdiction of the courts of Hong Kong.

  

	17.2.	 Jurisdiction: The submission of the Chargor to the non-exclusive
jurisdiction of the courts of Hong Kong shall not limit the right of the Chargee to take proceedings against the Chargor in any other courts having, claiming or accepting jurisdiction over the Chargor or any of its assets, nor shall the taking of
proceedings in any one or more jurisdiction(s) preclude the taking of proceedings in any other jurisdiction(s), whether concurrently or not. 

  

	17.3.	 Waiver of Immunity: The Chargor agrees that in any legal action or proceedings against it or its assets
in connection with this Share Charge, no immunity from such legal action or proceedings shall be claimed by or on behalf of the Chargor or with respect to its assets, and the Chargor irrevocably waives any right of immunity which it or its assets
now have or may hereafter acquire or which may be attributed to it or its assets and consents generally in respect of any such legal action or proceedings to the giving of any relief or the issue of any process in connection with such action or
proceedings including, without limitation, the making, enforcement or execution against any property whatsoever, of any order or judgment which may be made or given in such action or proceedings. 

 

	17.4.	 Process Agent: The Chargor irrevocably appoints ECMOHO (Hong Kong) Limited, registration no. 2218839,
whose registered office is situated at Flat 9, 4/F, Beverley Commercial Centre, 87-105 Chatham Road South, Tsimshatsui, Kowloon, Hong Kong to receive for it and on its behalf, service of process in any
proceedings in Hong Kong. Such service shall be deemed completed on delivery to the process agent (whether or not it is forwarded to and received by the Chargor or the Borrowers). If for any reason the process agent ceases to be able to act as such
or no longer has an address in Hong Kong, the Chargor irrevocably agrees to appoint a substitute process agent acceptable to the Chargee, and to deliver to the Chargee a copy of the new agent’s acceptance of that appointment within thirty
(30) days. Nothing herein shall affect the right to serve any process in any other manner permitted by law. 

  
 26 

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 27 

 IN WITNESS whereof this Share Charge has been duly executed on the day and year first above written. 

 

					
	The Chargor	 		  	
	 SEALED with the COMMON SEAL of

BEHEALTH LIMITED
 and SIGNED by

 
  
  

person(s) duly authorized by resolution(s)
 of
the Board of Directors in the presence
 of/whose signature(s) is/are verified by:-
	 	 )
 )

)
 )

)
 )

)
 )

)
	  	  
 /s/ Ying Wang

 [Signature Page] 

					
	The Chargee	  		  	
	 SIGNED by
  

for and on behalf of

TAIPEI FUBON COMMERCIAL
  

BANK CO., LTD.,                    )

HONG KONG BRANCH

whose signature(s) is/are verified by:-
	  	 )
 )

)
 )

 
     

)
 )
	  	  
 /s/ T.L. Peng

  
 29 

 SCHEDULE 1 

DETAILS OF ECMOHO LIMITED 
  

			
	Date of Incorporation:	  	7 June 2018
		
	Place of Incorporation:	  	The Cayman Islands
		
	Registered Office:	  	c/o Hermes Corporate Services Ltd., Fifth Floor, Zephyr House, 122 Mary Street, George Town, P.O. Box 31493, Grand Cayman KY1-1206, Cayman Islands
		
	Company number:	  	338171
		
	Directors:	  	Zeng Qingchun
		  	Wang Ying
		  	Wang Wei
		  	Weigang Greg Ye
		  	Sang Lin
		  	Ng Yum Fai

  

					
	Shareholders and their	  		  	
	shareholdings:	  	Name	  	Number of Share(s) Held
			
		  	Behealth Limited	  	37,575,200 share Class B Ordinary Shares
		  	Beset Winner Limited	  	1,072,633 share Class A Ordinary Shares
		  	Lake Zurich Partners Limited	  	3,077,408 share Class A Ordinary Shares
		  	Liberal Rich Limited	  	6,012,000 share Class A Ordinary Shares
		  	Uhealth Limited	  	37,575,200 share Class B Ordinary Shares
		  	Delta Capital Growth Fund II, L.P.	  	1,587,783 share Series A Preferred Shares
		  	Li, Shua-Lien	  	1,587,783 share Series A Preferred Shares
		  	Delta Capital Crowth Fund II, L.P.	  	953,289 share Class A Ordinary Shares
		  	Li, Shua Lien	  	714,967 share Class A Ordinary Shares
		  	Voyager Advisors Limited	  	441,051 share Class A Ordinary Shares
		  	STCH Investment Inc.	  	714,967 share Class A Ordinary Shares

  
 30 

					
		 	Qinghai Partners Limited	  	1,906,579 share Class A Ordinary Shares
		 	Behealth Limited	  	638,106 share Class A Ordinary Shares
		 	STCH Investment Inc.	  	529,261 share Series A Preferred Shares
		 	Voyager Advisors Limited	  	705,681 share Series A Preferred Shares
		 	Tim One International Limited	  	3,528,407 share Series A Preferred Shares
		 	CID Greater China Fund V, L.P.	  	4,759,500 share Class A-1 Ordinary Shares
		 	STCH Investment Inc.	  	4,759,500 share Class A-1 Ordinary Shares
		 	CID Greater China Fund V, L.P.	  	1,423,300 share Class A-2 Ordinary Shares
		 	STCH Investment Inc.	  	1,423,300 share Class A-2 Ordinary Shares
		 	Smart Warrior Limited	  	5,693,200 share Class A-2 Ordinary Shares
		 	Canarywharf Capital Limited	  	2,277,300 share Class A-2 Ordinary Shares
		 	BabyMe Limited	  	2,846,600 share Class A Ordinary Shares

  
 31 

 SCHEDULE 2 

FORM OF SHARE TRANSFER FORM 

ECMOHO LIMITED 
 (the
“Company”) 
 SHARE TRANSFER FORM 

We, [●] (the “Transferor”), for good and valuable consideration received from
                                         
                                         
   (the “Transferee”) of
                                         
                                         
  , do hereby: 
 (1) transfer to the Transferee      Shares (the “Shares”) standing in our name in the
register of members of the Company to hold unto the Transferee, his executors, administrators and assigns, subject to the several conditions on which we held the same at the time of execution of this Share Transfer Form; and 

(2) consent that our name remains on the register of the Company until such time as the Company enters the Transferee’s name in the register of the
Company. 
 And we, the Transferee, do hereby agree to take the Shares subject to the same conditions. 

As Witness Our Hands 
 Signed by the Transferor on 

the         day 
 in the
presence of: 
  

			
	  
	  	  

	Witness	  	Transferor
	Signed by the Transferee on	  	
	the day of	  	
	in the presence of:	  	
	  
	  	  

	Witness	  	Transferee

  
 32 

 SCHEDULE 3 

FORM OF APPOINTMENT OF PROXY 

Part I 
 ECMOHO LIMITED

 IRREVOCABLE APPOINTMENT OF PROXY 
 We, [●]
hereby irrevocably appoint TAIPEI FUBON COMMERCIAL BANK CO., LTD., HONG KONG BRANCH as our proxy to vote at meetings of the shareholders of ECMOHO LIMITED (the “Company”) in respect of any existing or further shares in
the Company which may have been or may from time to time be issued and/or registered in our name and charged to TAIPEI FUBON COMMERCIAL BANK CO., LTD., HONG KONG BRANCH (which expression shall include its successors, assignors and
transferees); provided that the security created under the relevant share charge has become enforceable. This proxy is irrevocable by reason of being coupled with the interest of TAIPEI FUBON COMMERCIAL BANK CO., LTD., HONG KONG BRANCH (which
expression shall include its successors, assignors and transferees) as chargee of the aforesaid shares. 
  

	
	  

	[●]
	Dated:

 Part II 

ECMOHO LIMITED 
 IRREVOCABLE
APPOINTMENT OF PROXY 
 We, [●] hereby irrevocably appoint TAIPEI FUBON COMMERCIAL BANK CO., LTD., HONG KONG BRANCH (which expression shall
include its successors, assignors and transferees) as our duly authorised representative to sign resolutions in writing of ECMOHO LIMITED (the “Company”) in respect of any existing or further shares in the Company which may
have been or may from time to time be issued and/or registered in our name and charged to TAIPEI FUBON COMMERCIAL BANK CO., LTD., HONG KONG BRANCH (which expression shall include its successors, assignors and transferees); provided that the
security created under the relevant share charge has become enforceable. 
  

	
	  

	[●]
	
	Dated:

  
 33 

 SCHEDULE 4 

FORM OF UNDERTAKING 

ECMOHO LIMITED 
 TAIPEI FUBON
COMMERCIAL BANK CO., LTD., HONG KONG BRANCH as Mortgagee (as defined in the Deed) 
 Dear Sirs 

ECMOHO LIMITED 
 We refer to the facility agreement
(“Facility Agreement”) dated [date] between, among others, ECMOHO (Hong Kong) Limited and Import It Corp. (“Borrowers”) as borrowers and Taipei Fubon Commercial Bank Co., Ltd., Hong Kong Branch
(“Lender”) asLender, as amended from time to time. We also refer to the share charge dated [*] 2018 (as amended from time to time, the “Share Charge”) between BEHEALTH LIMITED as Chargor and Taipei Fubon
Commercial Bank Co., Ltd., Hong Kong Branch as Chargee (“Chargee”, which expression shall include its successors, assignors and transferees) whereby, inter alia, the Chargor granted a charge over the Shares (as therein defined) in
favour of the Chargee. 
 Capitalised words and expressions used in this letter which are not expressly defined herein have the meanings ascribed to them in
the Share Charge. 
 This letter of undertaking is given pursuant to clause 2.3 (a) (viii) of the Share Charge. 

In consideration of the grant by the Chargee of the Credit Facility under the Facility Agreement referred to above and for other valuable consideration
receipt of which is hereby acknowledged, we hereby irrevocably and unconditionally undertake to register in our register of members any and all share transfers to the Chargee or any person(s) nominated by the Chargee in respect of any or all of the
Shares submitted to us by the Chargee where such transfer is to be effected pursuant to the Share Charge and the Chargee has notified us that the security thereunder is enforceable. 

 

	
	Yours faithfully,
	For and on behalf of
	ECMOHO LIMITED
	  

	[●]
	Director

  
 34 

 EXECUTION VERSION 

Dated the 23rd day of November 2018 

UHEALTH LIMITED 
 (as the
“Chargor ”) 
 and 

TAIPEI FUBON COMMERCIAL BANK CO., LTD., 

HONG KONG BRANCH 
 (as the
“Chargee”) 
  
  

SHARE CHARGE 
 in respect
of 
 9,393,800 Class B Ordinary Shares of the Entire Issued Share Capital of 

ECMOHO LIMITED 
  

 
 Li, Wong,
Lam & W.I. Cheung 
 Solicitors 

22/F., Infinitus Plaza, 
 199 Des
Voeux Road Central, Hong Kong 
 Tel: 3181-6600 

Fax: 3181-6699 
 Ref No.:
033/93398/18/COMM/B/033/147 

 THIS SHARE CHARGE is made this 23rd day of
November 2018 
 BETWEEN :- 
  

	(1)	 Uhealth Limited, a company incorporated under the laws of the British Virgin Islands whose registered
office is situated at offices of Sertus Incorporations (BVI) Limited, Sertus Chambers, P.O. Box 905, Quastiky Building, Road Town, Tortola, British Virgin Islands (the “Chargor”); and 

 

	(2)	 TAIPEI FUBON COMMERCIAL BANK CO., LTD., HONG KONG BRANCH, a company incorporated in Taiwan having
its principal place of business at 16/F, K11 Atelier, Victoria Dockside, 18 Salisbury Road, Tsim Sha Tsui, Kowloon, Hong Kong (the “Chargee”). 

WHEREAS :- 
  

	(A)	 By a facility letter (“Facility Agreement”) dated 18 October 2018 issued by the Chargee
to the Borrowers (as hereinafter defined) and duly executed by them, the Chargee agreed to provide to the Borrowers a revolving credit facility to the extent of USD25,000,000.00. 

 

	(B)	 The Chargor is the legal and beneficial over of (amongst other) 9,393,800 Class B Ordinary shares in the
capital of ECMOHO LIMITED. 

  

	(C)	 It is a condition (amongst others) of the Facility Agreement that a charge of the Shares (as hereinafter
defined) be provided by the Chargor in favour of the Chargee as security for Secured Indebtedness (as hereinafter defined). 

 NOW THIS
DEED WITNESSETH as follows: 
  

	1.	 DEFINITIONS AND INTERPRETATIONS 

 

	1.1.	 In this Share Charge, except where the context otherwise requires:- 

 

			
	“Authorisation”	  	means a consent, permit, license, approval or authorization of any governmental, judicial, regulatory or other authority of any Relevant Jurisdiction.
		
	“Borrowers”	  	means ECMOHO (HK) and Import It Corp collectively and “Borrower” means any of them and where the context requires includes their respective successors and
assigns.

  
 1 

			
	“Business Day”	  	means a day, other than Saturdays and Sundays, on which licensed banks in Hong Kong and PRC are both open for business to the public.
		
	“Charge of Inventories”	  	means (i) a first legal floating charge of Inventories (as therein defined) to be provided by ECMOHO (HK) in favour of the Chargee as security for Secured Indebtedness and (ii) a first legal floating charge of
Inventories (as therein defined) to be provided by Import It Corp in favour of the Chargee as security for Secured Indebtedness.
		
	“Charge over Bank Account(s)”	  	means (i) a first legal fixed and floating charge over Bank Account (as defined therein) to be provided by ECMOHO (HK) in favour of the Chargee as security for Secured Indebtedness and (ii) a first legal fixed and
floating charge over Bank Account (as defined therein) to be provided by Import It Corp in favour of the Chargee as security for Secured Indebtedness.
		
	“Charge over Receivables”	  	means (i) a first legal fixed and floating charge over the Receivables (as defined therein) to be provided by ECMOHO (HK) in favour of the Chargee as security for Secured Indebtedness and (ii) a first legal fixed and
floating charge over the Receivables (as defined therein) to be provided by Import It Corp in favour of the Chargee as security for Secured Indebtedness.
		
	“Credit Facility”	  	means the revolving credit facility to the extent of USD25,000,000.00 to be provided by the Chargee to the Borrowers under the Facility Agreement.

  
 2 

 
			
	“Company”	  	means ECMOHO LIMITED, the details of which are set out in Schedule 1.
		
	“Company Shares”	  	means all shares of whatever class in the capital of the Company.
		
	“Dividends”	  	means all dividends, distributions, money, interest and other sums which are or may become payable by the Company to any person in its capacity as shareholder of the Company and includes:
		
		  	 (i) the right to receive any and all such sums and all claims in respect of any default
in paying such sums; and

		
		  	 (ii)  all forms of remittance of such sums and an bank or other account to which
such sums may be paid or credited.

		
	“ECMOHO (HK)”	  	means ECMOHO (Hong Kong) Limited.
		
	“Encumbrance”	  	means:
		
		  	 (i) any mortgage, charge, pledge, lien, encumbrance, hypothecation or other security
interest or security arrangement of any kind;

		
		  	 (ii)  any arrangement whereby any rights are subordinated to any rights of any
third party; and

		
		  	 (iii)  any contractual right of
set-off.

		
	“Event of Default”	  	means any event specified as such in Clause 7.1 and “prospective Event of Default” means any event which with the giving of notice and/or the passage of time would be an Event of Default.
		
	“Facility Agreement”	  	means the facility letter dated 18 October 2018 issued by the Chargee to the Borrowers relating to the Credit Facility and including its amendments, supplements and replacements.

  
 3 

 
			
	“Finance Documents”	  	means the Facility Agreement, this Deed, the Share Charge (2), the Guarantees, the Charge over Bank Account, the Charge of Inventories, the Charge over Receivables and all other securities and documents relating to the Credit
Facility and “Finance Document” means any of them.
		
	“Guarantees”	  	means collectively (i) the guarantee provided by ECMOHO (Hong Kong) Health Technology Limited in favour of the Chargee as security for all liabilities due by the Borrowers to the Chargee to the extent of USD25,000,000.00 and
interest, costs and expenses; and (ii) the guarantee provided by the Company in favour of the Chargee as security for all liabilities due by the Borrowers to the Chargee to the extent of USD25,000,000.00 and interest, costs and
expenses.
		
	“Hong Kong”	  	means Hong Kong Special Administrative Region of the PRC.
		
	“Obligors”	  	means, collectively, all parties to the Finance Documents other than the Chargee, and “Obligor” means any one of them.
		
	“Parties”	  	means the parties to this Share Charge, that is the Chargor and the Chargee, and any of them is named as the “Party”;
		
	“PRC”	  	means the People’s Republic of China, which, for the purpose of this Agreement, does not include Hong Kong, Macau or Taiwan.
		
	“Relevant Jurisdiction”	  	means the PRC, Hong Kong, British Virgin Islands and Cayman Islands.

  
 4 

			
	“Secured Indebtedness”	  	means all moneys, obligations and liabilities whether actual or contingent now or hereafter due owing or incurred to the Chargee by any of the Obligors under Finance Documents in whatever currency denominated and whether alone or
jointly and whether as principal or surely when the same are due and including all costs and expenses incurred by the Chargee relating thereto on a full indemnity basis.
		
	“Share Charge (1)”	  	means a first fixed legal charge of 9,393,800 Class B Ordinary Shares and other shares and rights to be provided by Behealth Limited in favour of the Chargee as security for Secured Indebtedness.
		
	“Shares”	  	means (i) 9,393,800 Class B Ordinary Shares in the capital of the Company (“Original Shares”) and (ii) all further shares referred to in Clause 2.4 and all rights attached or accrued thereto or derived
therefrom.
		
	“Share Charge”	  	means and includes this Share Charge as originally executed and as it may from time to time be supplemented or amended in accordance with the terms hereof.
		
	“USD”	  	means United States Dollar, the lawful currency of the United States of America.

  

	1.2.	 Unless otherwise stated, references to Clauses are to Clauses of this Share Charge. 

 

	1.3.	 References in this Share Charge to any ordinance shall (except where the context requires) be deemed to include
any statutory re-enactment thereof or any statutory modification thereof having substantially the same legal effect but not having retrospective effect. 

 

	1.4.	 Words importing the singular number only shall include the plural and vice versa and words importing the
masculine gender shall include the feminine gender and neuter genders and vice versa and words importing persons shall include firms and corporations and vice versa. 

  
 5 

	1.5.	 References to any Party shall, where relevant, be deemed to be references to or to include, as appropriate,
their respective successors or assigns. 

  

	1.6.	 References herein to this Share Charge shall be construed as references to such document and to the same as
amended or supplemented from time to time. 

  

	1.7.	 Clause headings are for convenience only and shall not affect the construction hereof. 

 

	1.8.	 For the purpose of this Share Charge, any determination as to whether any event, situation, circumstance, act,
deed or thing is “material”, “appropriate”, “necessary”, “expedient” or has a “material adverse effect” shall be made by the Chargee in good faith and in a commercially reasonable manner, whose
determination shall be conclusive and binding on the Chargor. 

  

	2.	 CHARGE OF SHARES 

 

	2.1.	 Covenant to pay  

The Chargor hereby covenants that it will on demand pay to the Chargee the Secured Indebtedness and discharge all moneys obligations and
liabilities whether actual or contingent now or hereinafter due owing or incurred to the Chargee by the Obligors under the Finance Documents in whatever currency denominated and whether alone or jointly and in whatever style name or form and whether
as principal or surety when the same are due including all costs and expenses incurred by the Chargee relating thereto on a full indemnify basis. Notwithstanding the foregoing, the Chargor’s aggregate liability to pay any amount under this
Share Charge shall at no time exceed the realisable value of the Shares, and the Chargee’s recourse against the Chargor under this Share Charge shall be limited exclusively to the proceeds of enforcement in respect of the Shares. 

 

	2.2.	 Security  

The Chargor as legal and beneficial owner and as continuing security for the payment and discharge of all Secured Indebtedness hereby charges
by way of first fixed charge the Shares in favour of the Chargee. 

  
 6 

	2.3.	 Deposit of documents  

 

	 	(a)	 Forthwith upon the execution of this Share Charge, the Chargor shall deliver to the Chargee:

  

	 	(i)	 all certificates and other documents of title or evidence of ownership in relation to the Original Shares;

  

	 	(ii)	 duly executed but undated Transfer Forms in respect of the Original Shares in favour of the Chargee or its
nominees in the form set out in Schedule 2 to this Share Charge and other documents which may be reasonably requested by the Chargee in order to enable the Chargee or its nominees to be registered as the owner or otherwise obtain a legal title to
the Original Shares; 

  

	 	(iii)	 extract of a duly convened meeting of the board of directors of the Company and duly passed by the requisite
votes of directors resolving to (i) approve the charge of Shares by the Chargor as contemplated under this Shares Charge, (ii) convene a shareholders’ meeting of the Company to consider and approves if thought fit, (a) the charge
of Shares by the Chargor as contemplated under this Share Charge; and (b) the adoption of a Second Amended and Restated Memorandum and Articles of Association of the Company to facilitate the Share Charge and its enforcement in such form
satisfactory to the Chargee; 

  

	 	(iv)	 extract of a duly convened meeting of the shareholders of the Company and duly passed by the requisite votes of
shareholders resolving (amongst other) to approve (a) the charge of Shares by the Chargor as contemplated under this Share Charge; and (b) the adoption of a Second Amended and Restated Memorandum and Articles of Association of the Company
to facilitate the Share Charge and its enforcement in such form satisfactory to the Chargee ; 

  

	 	(v)	 a legal opinion issued by a law firm practising in the Cayman Islands (as engaged by the Chargee) to the
Chargee advising (amongst other) that (a) this Share Charge does not contravene Cayman laws; and (b) the adoption of a Second Amended and Restated Memorandum and Articles of Association of the Company as aforesaid effected by the requisite
votes of the shareholders of the Company is valid and effective under Cayman laws in such form approved by the Chargee; 

  
 7 

	 	(vi)	 a legal opinion issued by a law firm practising in the British Virgin Islands (as engaged by the Chargee) to
the Chargee advising (amongst other) (a) that based on the due Authorization as provided, this Share Charge is validly created and binding on the Chargor under the laws of the British Virgin Islands and (b) on the priority of the security
constituted by this Share Charge upon registration in the public register of charges maintained by the Registrar of Corporate Affairs, the British Virgin Island, in such forms approved by the Chargee; 

 

	 	(vii)	 an undated and executed proxy made in respect of the Shares in favour of the Chargee in respect of all general
meetings and written resolutions of the Company in the forms set out in Parts I and II of Schedule 3 (Form of Appointment of Proxy); and 

  

	 	(viii)	 an undertaking from the Company to register transfers of the Shares to the Chargee or its nominee in the form
set out in Schedule 4 (Form of Undertaking). 

  

	 	(b)	 At any time when this security is enforceable, the Chargor further authorises the Chargee to complete any such
documents deposited with the Chargee which may be incomplete including, without limitation, undated Transfer Forms in respect of the Shares made out in blank and any other documents of title to the Shares. 

 

	 	(c)	 Changes to Rights  

The Chargor may not take or allow the taking of any action on its behalf which may result in the rights attaching to any of the Shares being
altered or (without the consent of the Chargee) further shares in the Company being issued. 
  

	 	(d)	 No Liability for Calls  

Nothing in this Share Charge shall be construed as placing on the Chargee any liability whatsoever in respect of any calls, instalments or
other payments relating to any of the Shares or any rights, shares or other securities accruing, offered or arising as aforesaid, and the Chargor shall indemnify the Chargee in respect of all calls, instalments or other payments relating to any of
the Shares and to any rights, shares and other securities accruing, offered or arising as aforesaid in respect of any of the Shares. 

  
 8 

	2.4.	 The expression “Shares” includes (i) all Company Shares to be further charged by the Chargor to
the Chargee as security for Secured Indebtedness from time to time (“Further Shares”), (ii) all allotments, accretions, benefits and advantages whatsoever at any time accruing in respect of the Original Shares and Further Shares,
including without limitation, all stocks, shares and securities which may at any time be issued and/or moneys, rights or property which may at any time accrue or be offered (whether by way of bonus, redemption, preference, option or otherwise) in
respect of the Original Shares and Further Shares (the “Additional Shares”), (iii) all certificates or other evidence of title to the Original Shares, Further Shares or any of the Additional Shares now and from time to time
hereafter deposited with the Chargee and (iv) all moneys, Dividends and interest at any time arising in respect of the Original Shares, Further Shares or any of the Additional Shares, and accordingly all of the foregoing shall be included in
the first fixed charge hereby created. For any Additional Shares which may at any time during the continuance of the security be issued or otherwise acquired, the Chargor shall promptly deposit with the Chargee all such documents set out in Clause
2.3(a) relating to them as the Chargee shall require.  

  

	2.5.	 Registration in Name of Chargee  

The Chargor agrees that at any time after the occurrence of an Event of Default which is continuing, the Chargee may, at the cost of the
Chargor, register the Shares in the name of the Chargee or its nominee. 
  

	2.6.	 Filing And Registration With Relevant Authority  

The Chargor shall: 
  

	 	(a)	 immediately after the execution of this Share Charge instruct its registered agent to (i) create and
maintain a private register of charges (the Register of Charges) in accordance with all the applicable laws of the British Virgin Islands and to enter particulars of the security created pursuant to this Share Charge in the Register of
Charges; and (ii) effect registration of this Share Charge with the public register of charges maintained by the Registrar of Corporate Affairs (the “Registrar”) in the British Virgin Islands; 

  
 9 

	 	(b)	 within 14 days from the date of this Share Charge, deliver or procure to be delivered to the Chargee a copy of
the updated Register of Charges; and 

  

	 	(c)	 within 28 days from the date of this Share Charge, deliver or procure to be delivered to the Chargee the
certificate of registration of charge issued by the Registrar and a copy of the description of charge, stamped as “registered” by the Registrar. 

  

	3.	 CONTINUING SECURITY 

 

	3.1.	 The security hereby constituted is to be a continuing security and accordingly shall remain in operation until
all the Secured Indebtedness and all moneys hereby undertaken to be paid or intended to be hereby secured have been paid off or satisfied in full. 

  

	3.2.	 The security hereby constituted shall not be in any way affected, diminished or discharged by the taking,
holding, varying, non-enforcement, realisation, release or failure to renew or perfect or enforce by the Chargee of any other security for all or any of the Secured Indebtedness or for all or any of the other
sums, payment of which is hereby undertaken to be made or which are otherwise hereby secured, or by any time, indulgence, concession, dealing or other thing done or omitted or neglected to be done by the Chargee in relation to any such other
security, or the Chargor, the Borrowers or any other obligors, and is in addition to and not in substitution for any other guarantee, indemnity, undertaking, agreement, pledge, assurance, lien, bill, note, mortgage, charge, debenture or other
security which may now or hereafter held by the Chargee for or in respect of the Secured Indebtedness or any part thereof and may be enforced without first having recourse to any such other guarantee, indemnity, undertaking, agreement, pledge,
assurance, lien, bill, note, mortgage, charge, debenture or security.  

  

	4.	 REPRESENTATIONS AND WARRANTIES 

The Chargor hereby represents and warrants to the Chargee that:- 
  

	 	(a)	 the Chargor is the registered and beneficial owner of the Shares and will during the continuance of this
security be the registered and beneficial owner of the Shares, and that such Shares are free from Encumbrance (subject to the first fixed charge created by this Share Charge) and the Chargor will not purport to enter into any agreement to sell or
transfer any of the Shares other than to the Chargee or at the Chargee’s direction; 

  
 10 

	 	(b)	 the Chargor will notify the Chargee in writing of appointment of persons (other than the persons who presently
constitute the board of directors of the Borrower as of the date of this Share Charge) to the board of directors of the Borrower as soon as practicable after any such appointment; 

 

	 	(c)	 the Chargor is a company duly incorporated with limited liability and validly existing under the laws of the
British Virgin Islands, and it has the necessary capacity power and authority to enter into and execute this Share Charge and to perform and observe its obligations contained herein; 

 

	 	(d)	 the execution, delivery and performance of this Share Charge have been duly authorised by all necessary action
of the Chargor and do not contravene the constitution of the Chargor under all applicable laws and regulations of the British Virgin Islands and Hong Kong. This Share Charge, as executed and delivered, constitutes legal, valid and binding
obligations of the Chargor, enforceable in accordance with its terms, subject to limitation on enforceability of claims which are made out of time, held to be penalties or subject to the application of discretionary remedies; 

 

	 	(e)	 the execution and delivery of, and the performance of the provisions of, this Share Charge by the Chargor do
not, and will not during the continuance of this Share Charge (i) contravene any existing applicable law, ordinance, regulation, decree or permit, or any order, judgment, decree or award of any court or any judicial, administrative or
governmental authority, department or agency presently in effect and applicable to the Chargor or any of its assets, or (ii) contravene any contractual restriction binding on the Chargor or any of its assets, or (iii) cause any limit on
any of the borrowing, guaranteeing, charging or other powers of the Chargor (whether imposed by its memorandum or articles of association, or by agreement, instrument or otherwise), or upon any of the powers of its board of directors to exercise any
of such powers, or any other limit affecting the Chargor, to be exceeded, or (iv) create or result in or oblige the Chargor to create any lien, charge, security interest or other encumbrance on the whole or any part of the Chargor’s
property, assets or revenues, present or future; 

  
 11 

	 	(f)	 all authorisations required by the Chargor in connection with the entry into, performance, validity and
enforceability of, and the transactions contemplated by, this Share Charge have been obtained or effected (as appropriate) and are in full force and effect including but not limited to the requisite approval of the directors and shareholders of the
Company; 

  

	 	(g)	 every consent, authorisation, licence or approval (if any) of or declaration to, governmental or public bodies
or authorities or courts required by the Chargor to execute this Share Charge have been obtained and are in full force, validity and effect, and, as of the date of this Share Charge, no further governmental or other consents, authorities or
approvals are necessary for the performance by the Chargor of its obligations hereunder; 

  

	 	(h)	 the obligations of the Chargor under this Share Charge are direct, general and unconditional obligations of the
Chargor and rank at least pari passu with all the Chargor’s other present and future unsecured and unsubordinated indebtedness and other obligations (including contingent obligations) with the exception of indebtedness and other such
obligations mandatorily preferred by law and not by contract; 

  

	 	(i)	 there are no litigation, arbitration, administrative or other proceedings pending before any court, tribunal,
arbitrator, government agency or administrative body against or threatened against the Chargor or any of its assets which if adversely determined could or would reasonably be expected to have a material adverse effect on the business, assets or
condition (financial or otherwise) of the Chargor or the ability of the Chargor to perform any of its obligations required by the terms and conditions of this Share Charge (the “Material Adverse Effect”); 

 

	 	(j)	 the Chargor is not in breach of or in default under any statutory or other requirements applicable to the
Chargor or in default in the payment of any indebtedness or liabilities in respect of borrowed money or in breach of or in default under any other provision of any indenture, deed of trust, agreement or other instrument to which the Chargor is a
party and under or subject to which any such borrowed money has been issued and is outstanding which could or would reasonably be expected to have a Material Adverse Effect; and no event, condition or act which with the giving of notice or lapse of
time, or both, would constitute an event of default under any such indenture, deed of trust, agreement or other instrument has occurred or is continuing which has not been properly waived or remedied thereunder; 

  
 12 

	 	(k)	 the information contained in all accounts, certificates, schedules or other documents (if any) supplied to the
Chargee relating to the Chargor or any of the Shares or the Borrowers or any other Obligors is true and accurate in all material respects, and the opinions and forecast expressed therein (if any) are honestly held and have been made on a reasonable
basis, and there are no material facts relating to the Chargor or any of the Shares or the Borrowers or any other Obligors which could or might affect the willingness of a reasonable party to rely on a share charge of the Shares from the Chargor in
terms similar to the terms of this Share Charge, which have not been disclosed to the Chargee; and 

  

	5.	 UNDERTAKING 

  

	5.1.	 The Chargor hereby further undertakes and/or covenants with the Chargee that:-  

 

	 	(a)	 each of the representations and warranties contained in Clause 4 will be true and accurate in all material
respects as though made on and as of each day on which Secured Indebtedness shall remain outstanding and as if made with reference to the facts and circumstances subsisting on each such date; 

 

	 	(b)	 the Chargor will promptly inform the Chargee of the occurrence of any event of which the Chargor becomes aware
which, in the Chargor’s reasonable opinion, might adversely affect the ability of the Chargor, the Borrower or any other Obligor to the other Finance Documents to fully perform their respective obligations under the Facility Agreement, this
Share Charge and any of the other Finance Documents; 

  

	 	(c)	 the Chargor will endeavour to obtain or cause to be obtained every consent and approval and do, or cause to be
done, all other acts and things which may from time to time be necessary for the continued due performance of all the Chargor ’s obligations hereunder; and 

 

	 	(d)	 while the Credit Facility is available for drawing and for so long as the Secured Indebtedness remains
outstanding, this Share Charge will continue to rank at least pari passu with the Chargor’s existing and future unsecured and unsubordinated indebtedness and other obligations (including contingent liabilities) with the exception of
indebtedness and other such obligations mandatorily preferred by law and not by contract. 

  
 13 

	5.2.	 The Chargor hereby further covenants and undertakes with the Chargee that for so long as the Secured
Indebtedness or any part thereof remains outstanding, the Chargor shall provide the Chargee promptly with all financial information relating to the Company as the Chargee may from time to time require, and in particular the Chargor will
(a) within 60 days after the end of the first 6 months of each accounting period, provide the Chargee with copy, certified as true and complete copy by a director of the Company, of the unaudited financial statements of the Company for the 6
month period, and (b) within 120 days from the close of financial year of the Company, provide the Chargee with copy of its audited annual financial statements (and consolidated financial statement, if any) for such year duly signed by the
directors of the Company. 

  

	5.3.	 The Chargor hereby further covenants and undertakes with the Chargee that for so long as the Secured
Indebtedness or any part thereof remains outstanding, the Chargor shall not create or agree to create or permit to arise any subsequent charge over or in respect of the Shares or any part thereof or any interest therein, and shall not sell or
transfer any of the Shares without the prior written consent of the Chargee. 

  

	6.	 FURTHER ASSURANCE 

 

	6.1.	 The Chargor shall at any time hereafter (whether before or after the security hereby constituted shall have
become enforceable), on request by the Chargee, execute, sign, seal, deliver and do all transfers, contract notes, powers of attorney and other instruments, deeds, agreements, documents, acts and things and give or procure the giving by the
directors of the Company of all consents approvals and directions which the Chargee may reasonably require for perfecting the Chargee’s title to the Shares or vesting the same, or any of them, in a purchaser or in any trustee for or nominee of
the Chargee. 

  
 14 

	6.2.	 (a) The Chargor hereby irrevocably and unconditionally undertakes with the Chargee that the Chargor will at any
time hereafter (whether before or after the security hereby constituted shall have become enforceable), if and when required by the Chargee, execute, sign, seal, deliver, do and pass, or cause or procure to be executed, signed, sealed, delivered,
done or passed such legal or other mortgages, charges, pledges, assignments, transfers, assurances, powers of attorney, letters, resolutions, acts and things in favour or for the benefit of the Chargee as the Chargee shall reasonably require over or
in respect of the Shares as further security for the Secured Indebtedness or as the Chargee may reasonably require for perfecting the security hereby constituted and/or for protecting the priority of such security. 

(b) Any mortgages, charges, pledges, assignments, transfers, assurances, powers of attorney, letters or resolutions to be executed by the
Chargor or any other person pursuant to Clause 6.2(a) above shall be prepared by or on behalf of the Chargee at the cost and expense of the Chargor and shall, in the case of any mortgages, charges or pledges, contain (i) an immediate power of
sale without notice upon the security thereby constituted becoming enforceable, (ii) a clause excluding any restrictions imposed by any law on the power of sale, and (iii) a clause excluding any restrictions imposed by any law on the
consolidation of mortgages or other securities. 
  

	7.	 ENFORCEMENT OF SECURITY 

 

	7.1.	 Each of the following events shall be an Event of Default:  

 

	 	(a)	 any of the Borrowers makes default in the payment on the due date and in accordance with the terms and
conditions under Facility Agreement of any principal or interest or other moneys outstanding and payable by any of them to the Chargee (whether demanded or not);  

 

	 	(b)	 any of the Obligors make default in the payment on the due date and in accordance with the terms and conditions
relating thereto under any Finance Documents in respect of money and other liabilities;  

  

	 	(c)	 any representation, warranty or undertaking by the Chargor is not complied with or proves to have been or to be
untrue or incorrect in any material respect when made or deemed to be made;  

  
 15 

	 	(d)	 any representation, warranty or undertaking by any of the Obligors under any Finance Documents is not complied
with or proves to have been or to be untrue or incorrect in any material respect when made or deemed to be made;  

  

	 	(e)	 any of the Borrowers does not comply with any of its covenants or obligations under the Facility Agreement in
any material respect;  

  

	 	(f)	 any of the Obligors does not comply with any of its covenants and obligation under any Finance Documents in any
material respect;  

  

	 	(g)	 a petition is presented or an order is made or an effective resolution is passed or analogous proceedings are
taken for the winding up of any of the Borrowers or any Obligor, save for the purposes of an amalgamation, merger or reconstruction the terms whereof have previously been approved by the Chargee;  

 

	 	(h)	 any of the Borrowers or any of the Obligors shall without the consent in writing of the Chargee stop payment to
creditors when due nor within any originally applicable grace period or (if applicable) the Company or any of the Obligors shall (otherwise than for the purpose of such an amalgamation, merger or reconstruction as is referred to in Sub-Clause 7.1(g)) cease or threaten to cease to carry on its business or any substantial part thereof or shall be unable to pay its debts or disposes of the whole or a substantial part of its undertaking or
assets;  

  

	 	(i)	 there occurs a material adverse change in any of the Borrowers’ or any Obligor’s financial condition
which would, in the reasonable opinion of the Chargee, prevent the Borrowers or any Obligor from performing in any material respect its obligations under this Deed or under any Finance Documents;  

 

	 	(j)	 the Chargor purports or attempts to create any Encumbrance over all or any part of the Shares or any third
party asserts a reasonable and substantial claim in respect thereof (except as permitted under this Deed);  

  

	 	(k)	 the security hereby created or under any Finance Documents or any part thereof fails or ceases for any reason
to be in full force and effect or is terminated or jeopardised or becomes invalid or unenforceable or if there is any dispute regarding the same or if there is any purported termination of the same or it becomes impossible or unlawful for any of the
Borrowers or any Obligor to perform any of its obligations hereunder or under any Finance Documents or for the Chargee to exercise all or any of its rights, powers and remedies hereunder or under any Finance Documents; and 

  
 16 

	 	(l)	 a creditor takes possession of all or any part of the business or assets of any of the Borrowers or any Obligor
or any execution or other legal process is enforced against the business or any asset of any of the Borrowers or any Obligor and is not discharged within fourteen (14) days. 

 

	7.2.	 If an Event of Default has occurred and is continuing, the Chargee may: 

 

	 	(a)	 declare the Secured Indebtedness, all loans and other moneys, obligations and liabilities hereby secured to be,
whereupon they shall become, immediately due and payable without further demand, notice or other legal formality of any kind; 

  

	 	(b)	 declare the Credit Facility to be terminated whereupon all obligations of the Chargee to make further advances
to the Borrowers shall immediately cease; 

  

	 	(c)	 demand that the Chargor to provide cash cover to the Chargee for all liabilities of the Borrowers to the
Chargee, whereupon the Chargor shall be under an immediate obligation to provide such cash cover; and 

  

	 	(d)	 in its absolute discretion enforce all or any part of this security in any manner it sees fit or as the Chargee
direct including but limited to the sale and disposal of the Shares at any price which the Chargee may deem fit. The Chargor shall not have any right to claim against the Chargee in respect of any loss arising out of any sale pursuant to this Share
Charge in the absence of fraud, gross negligence or willful misconduct by the Chargee, however such loss may have been caused and whether or not a better price could or might have been obtained on the sale of any of the Shares by either deferring or
advancing the date of such sale or otherwise howsoever. 

  

	7.3.	 The Chargee shall not be liable, by reason of entering into possession of the Shares, to account as Chargee in
possession or for any loss on realization or for any default or omission for which a Chargee in possession might be liable. 

  
 17 

	7.4.	 No restriction imposed by any ordinance or law in force in Hong Kong or elsewhere on any power of sale or on
the consolidation of mortgages or other securities shall apply to this security.  

  

	7.5.	 No person dealing with the Chargee, or with its brokers or agents, shall be concerned to enquire whether the
security hereby constituted has become enforceable, or whether the power exercised or purported to be exercised has become exercisable, or whether any moneys remain due upon the security of this Share Charge, or as to the necessity or expediency of
the stipulations and conditions subject to which any sale of any of the Shares shall be made, or otherwise as to the propriety or regularity of any sale of any of the Shares, or to see to the application of any money paid to the Chargee, or its
brokers or agents, and in the absence of fraud, gross negligence or willful misconduct on the part of such person such dealing shall be deemed so far as regards the safety and protection of such person to be within the powers hereby conferred and to
be valid and effectual accordingly, and the remedy of the Chargor in respect of any irregularity or impropriety whatsoever in the exercise of such powers shall be in damages only.  

 

	7.6.	 Upon any sale of any of the Shares, the receipt of the Chargee for the purchase money of the Shares sold shall
effectually discharge the purchaser or person paying the same therefrom and from being concerned to see to the application or being answerable for the loss or misapplication thereof.  

 

	7.7.	 (a) All moneys received by the Chargee arising from any sale of any of the Shares under the power of sale
hereby conferred shall be applied as follows:- 

  

			
	FIRSTLY:	  	in or towards payment or satisfaction of all costs, charges, expenses and liabilities incurred and payments made by or on behalf of the Chargee, whether governmental, municipal, contractual or otherwise in connection with such
sale together with, in every such case, interest thereon at the rate provided for in Clause 10.2;
		
	SECONDLY:	  	in or towards payment to the Chargee of the Secured Indebtedness (unless the Chargee elects to put such moneys in an interest-bearing suspense account), until the whole of the Secured Indebtedness shall have been certified in
writing by the Chargee as having been paid in full and discharged; and
		
	THIRDLY:	  	following such payments the remaining balance (if any) shall be paid to the Chargor for its rights and interests or such other person as may be entitled thereto.

  
 18 

 (b) At any time after the power of sale has arisen, any Dividends which have been or may be
received or receivable by the Chargee may be applied by the Chargee as if they were proceeds of sale hereunder. 
  

	8.	 DIVIDEND AND VOTING RIGHT 

 

	8.1.	 If an Event of Default has occurred and is continuing, any Dividends on or with respect of the Shares shall be
paid to the Chargee and, shall be applied by the Chargee in discharge of the Secured Indebtedness and, if received by the Chargor shall be paid over to the Chargee forthwith upon receipt and until such payment shall be held by it in trust for the
Chargee. 

  

	8.2.	 If an Event of Default has occurred and is continuing, the Chargee may exercise at its discretion (in the name
of the Chargor or otherwise and without any further consent or authority on the part of the Chargor) any voting rights attaching to the Shares or any of them as if the Chargee were the sole beneficial owner thereof. 

 

	8.3.	 The Chargor by way of security hereby irrevocably authorises the Chargee at any time after an Event of Default
has occurred and is continuing to act as its proxy in all general meetings of the Company, and the Chargor hereby agrees to obtain the Chargee’s consent on all issues requiring a resolution of the Chargor as a shareholder of the Company and
undertakes to supply to the Chargee all notices issued to it by the board of directors of the Company convening general meetings. 

  

	9.	 RELEASE AND DISCHARGE 

 

	9.1.	 If all the Secured Indebtedness and all other moneys payment of which is hereby undertaken to be made or which
are intended to be hereby secured shall have been duly paid, the Chargee shall discharge and release this Share Charge and the security hereby created and release, re-assign and transfer all the Shares to the
Chargor as the Chargor shall direct, within fourteen (14) Business Days upon the request and at the cost of the Chargor. For the avoidance of doubt, the Facility Agreement shall be terminated upon the above release. 

  
 19 

	9.2.	 Any release, discharge or settlement between the Chargor and the Chargee shall be conditional upon no security,
disposition or payment to the Chargee by the Chargor or any other person being avoided or reduced pursuant to any provisions or enactments relating to bankruptcy, liquidation, winding-up or dissolution or
insolvency, and if such condition shall not be fulfilled the Chargee shall be entitled to enforce this security subsequently as if such release, discharge or settlement had not occurred.  

 

	10.	 COSTS, CHARGES AND EXPENSES 

 

	10.1.	 The Chargor shall pay duly and promptly all calls which may from time to time be made in respect of any unpaid
moneys in respect of the Shares and any other moneys which the Chargee may lawfully be required to pay in respect of any of the Shares and in the event of the Chargor’s default the Chargee may, if it thinks fit, make such payments on behalf of
the Chargor. Any money expended by the Chargee under this Clause 10.1 shall be deemed to be properly paid by the Chargee. For the avoidance of doubt, it is hereby expressly provided that neither the Chargee nor any trustee or nominee of the Chargee
shall incur any liability in respect of any calls, instruments or payments relating to the Shares or any of them.  

  

	10.2.	 The Chargor hereby undertakes with the Chargee to pay to the Chargee, on demand all costs, charges and expenses
incurred hereunder by the Chargee (with respect to legal expenses on a solicitor-and-own-client basis) and all other moneys paid
by the Chargee in perfecting this security or in respect of the Shares. 

  

	10.3.	 The Chargor shall pay, on demand, all reasonable costs, charges and expenses (including legal fees and out-of-pocket expenses) incurred or to be incurred by the Chargee in connection with the preparation and negotiation, execution of this Share Charge and all costs, charges and
expenses (including legal fees on a full indemnity basis and out-of-pocket expenses) incurred or to be incurred by the Chargee in connection with the enforcement of this
Share Charge. 

  

	10.4.	 The charge created hereunder to secure the Secured Indebtedness shall be in addition and without prejudice to
any and every other right, power, remedy, lien or security which the Chargee may have or but for the said charge would have had for the moneys hereby secured, or any part thereof. 

  
 20 

	11.	 POWER OF ATTORNEY 

 

	11.1.	 In respect of any instruments of transfer and contract notes relating to any of the Shares, the Chargor hereby
irrevocably and by way of security authorises the Chargee at any time hereafter to date any such instruments of transfer and contract notes if the same be undated, and if the same shall have been theretofore in blank to fill in any blanks in favour
of the Chargee, or any trustee for or nominee of the Chargee, or any purchaser. 

  

	11.2.	 The Chargor, by way of security, hereby irrevocably authorises the Chargee at any time hereafter to insert the
name of the Chargee or its trustees or nominees or of any purchaser or to make any alteration or addition in or to any instruments of transfer, contract notes or documents which the Chargee may require for perfecting its title to or for vesting the
Shares in the Chargee or its trustees or nominees or in any purchaser, and to re-deliver the same thereafter, and the Chargor hereby irrevocably and by way of security appoints the Chargee and its successors
and assigns to be its attorney (with full power of substitution) and in its name and on its behalf and as its act and deed or otherwise to execute, sign, seal, deliver and do and otherwise perfect any such transfers, contract notes and other
documents as aforesaid and all such deeds, assurances, agreements, instruments, acts and things which may be required for the full exercise of all or any of the powers hereby conferred or which may be deemed proper on, or in connection with, any
sale, disposition or getting in by the Chargee of any of the Shares. 

  

	11.3.	 Notwithstanding the foregoing, such power shall not be exercisable by or on behalf of the Chargee until an
Event of Default has occurred and is continuing. 

  

	11.4.	 The Chargor hereby ratifies and confirms and agrees to ratify and confirm any instrument, deed, act or thing
which the Chargee or its successors and assigns may lawfully execute, sign, seal, deliver or do or cause to be executed, signed, sealed, delivered or done pursuant to Clauses 11.1 or 11.2 above. 

  
 21 

	12.	 SUSPENSE ACCOUNT 

 

	12.1.	 Any money received by the Chargee by virtue of or in connection with this security may be placed to the credit
of a suspense account at the discretion of the Chargee pending the enforcement or realisation of any other security held by the Chargee with a view to preserving the rights of the Chargee to prove for the whole of its claims against the Chargor or
any other person liable in the event of any proceedings in or analogous to liquidation, winding-up, dissolution, insolvency, composition or arrangement. . 

 

	12.2.	 (a) If the Chargee receives notice of any subsequent mortgage, debenture, charge, pledge, lien, assignment,
encumbrance or other disposition affecting the Shares or any of them or any interest therein, the Chargee may open a new account with the Chargor in respect of the Secured Indebtedness. 

(b) If the Chargee does not open a new account it shall nevertheless be treated as if it had done so at the time when it received such notice,
and as from that time all payments made to the Chargee by the Chargor in respect of the Secured Indebtedness or any part thereof shall be credited or be treated as having been credited to the new account and shall not operate to reduce the amount
due from the Chargor to the Chargee at the time when it received notice. 
  

	13.	 NOTICE 

  

	13.1.	 Service of Proceedings 

 

	 	(a)	 Any notice, request, certificate, demand or other communication required to be given by any party hereto to the
other parties hereto shall be in writing and shall be deemed to have been so given if addressed to the addressee at its address in Hong Kong herein mentioned or to such other address in Hong Kong as may have been notified in writing by such party to
the other parties hereto in accordance with this Clause 13.1. 

  

	 	(b)	 Any notice, request, certificate, demand or other communication delivered personally shall be deemed to have
been given at the time of such delivery. Any notice, request, certificate, demand or other communication dispatched by letter postage prepaid shall be deemed to have been given forty eight (48) hours after posting. Any notice, request,
certificate, demand or other communication sent by telex or facsimile transmission shall be deemed to have been given at the time of dispatch and any notice, request, certificate, demand or other communication sent by cable shall be deemed to have
been given twenty four (24) hours after dispatch. Provided always that any notice, request, certificate, demand or other communication to be given by the Chargor to the Chargee shall only be effective upon actual receipt thereof by the Chargee
(as the case may be). 

  
 22 

	 	(c)	 Any legal process including any writ or originating summons or otherwise and any other summons or notice to be
served on a party by the other party hereto in any legal proceeding or action in any court or tribunal shall be deemed to be sufficiently and duly served forty eight (48) hours after having been left or sent by ordinary pre-paid post to the addressee’s registered office or usual place of business in Hong Kong and in proving service it shall be sufficient to prove that the legal process or summons or notice was properly
addressed and posted or properly left (as the case may be) irrespective of whether the same is returned through the post undelivered to the addressee. 

  

	13.2.	 Administrative details 

The initial administrative details of the Parties are contained in Schedule 2 (Initial administrative details of the
parties) but a party may amend its own details at any time by notice to the other party. 
  

	13.3.	 Delivery to registered office  

Any notice to the Chargor may alternatively be sent to its registered office or to any of its places of business or to any of its directors or
its company secretary; and it will be deemed to have been received when delivered to any such places or persons.  
  

	14.	 MISCELLANEOUS 

 

	14.1.	 Modification: This Share Charge may only be varied or modified by supplemental agreement or other
document executed by all the Parties. 

  

	14.2.	 Severability: Any provision of this Share Charge prohibited by or declared or adjudged to be unlawful or
unenforceable under any applicable law actually applied by any court of competent jurisdiction shall, to the extent required by such law, be severed from this Share Charge and rendered ineffective so far as is possible without modifying the
remaining provisions of this Share Charge. Where however the provisions of any such applicable law may be waived, they are hereby waived by the Parties to the full extent permitted by such law to the end that this Share Charge shall be valid and
binding and enforceable in accordance with its terms. 

  
 23 

	14.3.	 Disclosure of Information: The Chargee may disclose to any of its subsidiaries or associated companies,
or a prospective transferee or to any other person who may propose entering into, or who has entered into, contractual relations with the Chargee in relation to the Agreement or any of the Finance Documents such information about the Chargor as the
Chargee shall consider appropriate solely for the purpose of appraising the transaction contemplated thereby but to the extent of any such information being customarily regarded as confidential by the Chargor, on a confidential and need to know
basis by disclosing the information subject to delivery of a confidentiality undertaking. 

  

	14.4.	 Legal Representation: The Parties acknowledge that Messrs. Li, Wong, Lam & W.I. Cheung acts as
legal counsel of the Chargee only relating to this Share Charge. The Chargor will take separate legal advice as it sees fit. 

  

	14.5.	 Third Party Rights: Nothing contained herein is intended to grant to any third party any right to
enforce any term hereof or to confer on any third party any right or benefit hereunder for the purposes of the Contracts (Rights of Third Parties) Ordinance and any enactment thereof and the application of the said Ordinance is expressly excluded.

  

	15.	 WAIVER 

  

	15.1.	 Any waiver by the Chargee of any breach of any of the undertakings, terms or conditions contained herein or
other relaxation or indulgence granted at any time by the Chargee to the Chargor or any other person, shall, without any express reservation to that effect by the Chargee, be deemed to be without prejudice to and shall not affect the exercise at any
time thereafter by the Chargee of all or any of its rights, powers and remedies hereunder as though no such waiver had been made or relaxation or indulgence granted. No failure or delay by the Chargee in exercising or enforcing any right, power or
remedy shall operate as a waiver thereof, nor shall any single or partial exercise, enforcement or waiver of any right, power or remedy preclude its further exercise or enforcement, or the exercise or enforcement of any other right, power or remedy.
The rights, powers and remedies herein provided are cumulative and not exclusive of any rights, powers or remedies provided by law. 

  
 24 

	15.2.	 No provision hereof may be waived, discharged or terminated orally, except only by an instrument in writing
signed by the Party against whom enforcement of the waiver, discharge or termination is sought. 

  

	15.3.	 No waiver of any of the rights or powers of the Chargee or any consent by the Chargee shall be valid unless
signed by the Chargee in writing. 

  

	15.4.	 Time is of the essence of this Share Charge, but no failure or delay by the Chargee in exercising or enforcing
any right, power or privilege hereunder shall operate as a waiver thereof, nor shall any single or partial exercise or enforcement of any right, power or privilege preclude any further exercise or enforcement thereof or the exercise or enforcement
of any other right, remedy, power or privilege. The rights, remedies, powers and privileges herein provided are cumulative and not exclusive of any rights and remedies powers or privileges provided by law. 

 

	16.	 ASSIGNMENT 

  

	16.1.	 This Share Charge shall be binding upon and enure to the benefit of the Parties and their respective successors
and permitted assigns, except that the Chargor may not assign or transfer any of their respective rights, benefits, duties or obligations hereunder. 

  

	16.2.	 If the Chargee shall assign the whole or any part of its rights under the Facility Agreement in accordance with
the terms thereof, the Chargee, at its own costs and expenses, may also assign the whole or the appropriate portion of its rights hereunder, in which event references herein to the Chargee shall thenceforth be deemed to include a reference to each
assignee to the extent of its interest, provided that the Chargee shall notify the Chargor of any assignment of its rights hereunder within fourteen (14) Business Days of such assignment. 

 

	16.3.	 Any representation, warranty, undertaking and arrangement on the part of the Chargor hereunder shall survive
the making of any assignment of the Chargee under the Facility Agreement, hereunder or under any of the other Finance Documents, the change in the name of the Chargee or the Chargee’s amalgamation with, or absorption by, any other corporation.

  
 25 

	17.	 GOVERNING LAW AND JURISDICTION 

 

	17.1.	 Governing Law: This Share Charge and the rights and obligations of the Parties shall be governed by and
construed and interpreted in all respects in accordance with the laws of Hong Kong, and the Parties hereby irrevocably submit to the non-exclusive jurisdiction of the courts of Hong Kong.

  

	17.2.	 Jurisdiction: The submission of the Chargor to the non-exclusive
jurisdiction of the courts of Hong Kong shall not limit the right of the Chargee to take proceedings against the Chargor in any other courts having, claiming or accepting jurisdiction over the Chargor or any of its assets, nor shall the taking of
proceedings in any one or more jurisdiction(s) preclude the taking of proceedings in any other jurisdiction(s), whether concurrently or not. 

  

	17.3.	 Waiver of Immunity: The Chargor agrees that in any legal action or proceedings against it or its assets
in connection with this Share Charge, no immunity from such legal action or proceedings shall be claimed by or on behalf of the Chargor or with respect to its assets, and the Chargor irrevocably waives any right of immunity which it or its assets
now have or may hereafter acquire or which may be attributed to it or its assets and consents generally in respect of any such legal action or proceedings to the giving of any relief or the issue of any process in connection with such action or
proceedings including, without limitation, the making, enforcement or execution against any property whatsoever, of any order or judgment which may be made or given in such action or proceedings. 

 

	17.4.	 Process Agent: The Chargor irrevocably appoints ECMOHO (Hong Kong) Limited, registration no. 2218839,
whose registered office is situated at Flat 9, 4/F, Beverley Commercial Centre, 87-105 Chatham Road South, Tsimshatsui, Kowloon, Hong Kong to receive for it and on its behalf, service of process in any
proceedings in Hong Kong. Such service shall be deemed completed on delivery to the process agent (whether or not it is forwarded to and received by the Chargor or the Borrowers). If for any reason the process agent ceases to be able to act as such
or no longer has an address in Hong Kong, the Chargor irrevocably agrees to appoint a substitute process agent acceptable to the Chargee, and to deliver to the Chargee a copy of the new agent’s acceptance of that appointment within thirty
(30) days. Nothing herein shall affect the right to serve any process in any other manner permitted by law. 

  
 26 

 [Reminder of this page intentionally left blank.] 

  
 27 

 IN WITNESS whereof this Share Charge has been duly executed on the day and year first above written. 

The Chargor 
  

					
	 SEALED with the COMMON SEAL of

UHEALTH LIMITED
 and SIGNED by

 
  
 person(s) duly
authorized by resolution(s) of the Board of Directors in the presence of/whose signature(s) is/are verified by:-
	 	 )
 )

)
 )

)
 )

)
 )

)
	  	  
 /s/ Qingchun Zeng

 [Signature Page] 

 The Chargee 
  

					
	 SIGNED by
  

for and on behalf of

TAIPEI FUBON COMMERCIAL
 BANK CO., LTD.,

HONG KONG BRANCH

whose signature(s) is/are verified by:-
	 	 )
 )

)
 )

)
 )

)
	  	  
 /s/ T.L. Peng

  
 29 

 SCHEDULE 1 

DETAILS OF ECMOHO LIMITED 
  

					
	Date of Incorporation:	  	7 June 2018
		
	Place of Incorporation:	  	The Cayman Islands
		
	Registered Office:	  	c/o Hermes Corporate Services Ltd., Fifth Floor, Zephyr House, 122 Mary Street, George Town, P.O. Box 31493, Grand Cayman KY1-1206, Cayman Islands
		
	Company number:	  	338171
		
	Directors:	  	Zeng Qingchun
		  	Wang Ying
		  	Wang Wei
		  	Weigang Greg Ye
		  	Sang Lin
		  	Ng Yum Fai
	Shareholders and their shareholdings:	  	Name	  	Number of Share(s) Held
	 	  	Behealth Limited	  	37,575,200 share Class B Ordinary Shares
	 	  	Beset Winner Limited	  	1,072,633 share Class A Ordinary Shares
	 	  	Lake Zurich Partners Limited	  	3,077,408 share Class A Ordinary Shares
	 	  	Liberal Rich Limited	  	6,012,000 share Class A Ordinary Shares
	 	  	Uhealth Limited	  	37,575,200 share Class B Ordinary Shares
	 	  	Delta Capital Growth Fund II, L.P.	  	1,587,783 share Series A Preferred Shares
	 	  	Li, Shua-Lien	  	1,587,783 share Series A Preferred Shares
	 	  	Delta Capital Crowth Fund II, L.P.	  	953,289 share Class A Ordinary Shares
	 	  	Li, Shua Lien	  	714,967 share Class A Ordinary Shares
	 	  	Voyager Advisors Limited	  	441,051 share Class A Ordinary Shares
	 	  	STCH Investment Inc.	  	714,967 share Class A Ordinary Shares
	 	  	Qinghai Partners Limited	  	1,906,579 share Class A Ordinary Shares

  
 30 

					
		  	Behealth Limited	  	638,106 share Class A Ordinary Shares
		  	STCH Investment Inc.	  	529,261 share Series A Preferred Shares
	    	  	Voyager Advisors Limited	  	705,681 share Series A Preferred Shares
		  	Tim One International Limited	  	3,528,407 share Series A Preferred Shares
		  	CID Greater China Fund V, L.P.	  	4,759,500 share Class A-1 Ordinary Shares
		  	STCH Investment Inc.	  	4,759,500 share Class A-1 Ordinary Shares
		  	CID Greater China Fund V, L.P.	  	1,423,300 share Class A-2 Ordinary Shares
		  	STCH Investment Inc.	  	1,423,300 share Class A-2 Ordinary Shares
		  	Smart Warrior Limited	  	5,693,200 share Class A-2 Ordinary Shares
		  	Canarywharf Capital Limited	  	2,277,300 share Class A-2 Ordinary Shares
		  	BabyMe Limited	  	2,846,600 share Class A Ordinary Shares

  
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 SCHEDULE 2 

FORM OF SHARE TRANSFER FORM 

ECMOHO LIMITED 
 (the
“Company”) 
 SHARE TRANSFER FORM 

We, [●] (the “Transferor”), for good and valuable consideration received from
_______________________________________________________ (the “Transferee”) of _______________________________________________________, do hereby: 

(1) transfer to the Transferee                     Shares
(the “Shares”) standing in our name in the register of members of the Company to hold unto the Transferee, his executors, administrators and assigns, subject to the several conditions on which we held the same at the time of
execution of this Share Transfer Form; and 
 (2) consent that our name remains on the register of the Company until such time as the Company enters the
Transferee’s name in the register of the Company. 
 And we, the Transferee, do hereby agree to take the Shares subject to the same conditions. 

 

							
	As Witness Our Hands	  	
	Signed by the Transferor on	  	
	 the day

in the presence of:
	 		 		  	
		 		 	                                      
                      	  	
	                           
                                 	 		 	 	  	
	Witness	 		 	 Transferor
	  	
		
	Signed by the Transferee on	  	
	the day of	 		 		  	
	in the presence of:	 		 	                        	  	
	                           
                                 	 		 	                          
                                  	  	
	Witness	 		 	 Transferee
	  	

  
 32 

 SCHEDULE 3 

FORM OF APPOINTMENT OF PROXY 

Part I 
 ECMOHO LIMITED

 IRREVOCABLE APPOINTMENT OF PROXY 
 We,
[●] hereby irrevocably appoint TAIPEI FUBON COMMERCIAL BANK CO., LTD., HONG KONG BRANCH as our proxy to vote at meetings of the shareholders of ECMOHO LIMITED (the “Company”) in respect of
any existing or further shares in the Company which may have been or may from time to time be issued and/or registered in our name and charged to TAIPEI FUBON COMMERCIAL BANK CO., LTD., HONG KONG BRANCH (which expression shall include its
successors, assignors and transferees); provided that the security created under the relevant share charge has become enforceable. This proxy is irrevocable by reason of being coupled with the interest of TAIPEI FUBON COMMERCIAL BANK CO., LTD.,
HONG KONG BRANCH (which expression shall include its successors, assignors and transferees) as chargee of the aforesaid shares. 
  

 
 [●] 

Dated: 
 Part II 

ECMOHO LIMITED 
 IRREVOCABLE
APPOINTMENT OF PROXY 
 We, [●] hereby irrevocably appoint TAIPEI FUBON COMMERCIAL BANK CO., LTD., HONG KONG BRANCH (which expression shall
include its successors, assignors and transferees) as our duly authorised representative to sign resolutions in writing of ECMOHO LIMITED (the “Company”) in respect of any existing or further shares in the Company which may
have been or may from time to time be issued and/or registered in our name and charged to TAIPEI FUBON COMMERCIAL BANK CO., LTD., HONG KONG BRANCH (which expression shall include its successors, assignors and transferees); provided that the
security created under the relevant share charge has become enforceable. 
  

 
 [●] 

Dated: 

  
 33 

 SCHEDULE 4 

FORM OF UNDERTAKING 

ECMOHO LIMITED 
 TAIPEI FUBON
COMMERCIAL BANK CO., LTD., HONG KONG BRANCH as Mortgagee (as defined in the Deed) 
 Dear Sirs 

ECMOHO LIMITED 
 We refer to the facility agreement
(“Facility Agreement”) dated [date] between, among others, ECMOHO (Hong Kong) Limited and Import It Corp. (“Borrowers”) as borrowers and Taipei Fubon Commercial Bank Co., Ltd., Hong Kong Branch
(“Lender”) asLender, as amended from time to time. We also refer to the share charge dated [*] 2018 (as amended from time to time, the “Share Charge”) between UHEALTH LIMITED as Chargor and Taipei Fubon
Commercial Bank Co., Ltd., Hong Kong Branch as Chargee (“Chargee”, which expression shall include its successors, assignors and transferees) whereby, inter alia, the Chargor granted a charge over the Shares (as therein defined) in
favour of the Chargee. 
 Capitalised words and expressions used in this letter which are not expressly defined herein have the meanings ascribed to them in
the Share Charge. 
 This letter of undertaking is given pursuant to clause 2.3 (a) (viii) of the Share Charge. 

In consideration of the grant by the Chargee of the Credit Facility under the Facility Agreement referred to above and for other valuable consideration
receipt of which is hereby acknowledged, we hereby irrevocably and unconditionally undertake to register in our register of members any and all share transfers to the Chargee or any person(s) nominated by the Chargee in respect of any or all of the
Shares submitted to us by the Chargee where such transfer is to be effected pursuant to the Share Charge and the Chargee has notified us that the security thereunder is enforceable. 

 

	
	 Yours faithfully,

	 For and on behalf of

	 ECMOHO LIMITED

	
	  

	 [●]

	 Director

  
 34

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