Document:

Exhibit 4.2

 

 

DESCRIPTION OF THE REGISTRANT’S
SECURITIES

REGISTERED PURSUANT TO SECTION 12
OF THE

SECURITIES EXCHANGE ACT OF 1934

 

CloudCommerce, Inc. (the “Company”) has one class of
securities registered under Section 12 of the Securities Exchange Act of 1934, as amended, which is the Company’s common
stock, $0.001 par value per share.

 

Description of Common Stock

 

The authorized capital stock of
the Company consists of 2,000,000,000 shares of common stock at a par value of $0.001 per share, and 5,000,000 shares of blank
check preferred stock, par value $0.001.  

Holders of the Company’s common stock are entitled to one vote for each share on all matters submitted to a stockholder vote. Holders
of common stock do not have cumulative voting rights. Therefore (subject to the rights of the holders of any outstanding preferred
stock), holders of a majority of the shares of common stock voting for the election of directors can elect all of the directors
to our Board of Directors. Holders of the Company’s common stock representing a majority of the voting power of the
Company’s capital stock issued, outstanding and entitled to vote, represented in person or by proxy, are necessary to constitute
a quorum at any meeting of stockholders. A vote by the holders of a majority of the Company’s outstanding shares is
required to effectuate certain fundamental corporate changes such as a merger or an amendment to the Company’s articles of
incorporation.

 

Holders of the Company’s common stock are entitled
to share in all dividends that the Board of Directors, in its discretion, declares from legally available funds. In the event
of a liquidation, dissolution or winding up, each outstanding share entitles its holder to participate pro rata in all assets that
remain after payment of liabilities and after providing for each class of stock, if any, having preference over the common stock.
The Company’s common stock has no pre-emptive rights, no conversion rights, and there are no redemption provisions applicable
to the Company’s common stock.Exhibit 4.23

 

Amended Exclusive Support Services Agreement

 

Between

 

GUANGDONG YIHAO PHARMACY CO., LTD.

 

And

 

YAO FANG INFORMATION TECHNOLOGY (SHANGHAI) CO., LTD.

 

 

July 1, 2019

 

 

 

This Amended Exclusive Support Services Agreement (the “Agreement”) is concluded and signed on July 1, 2019 in Shanghai, the People’s Republic of China (“China”) by and between:

 

GUANGDONG YIHAO PHARMACY CO., LTD. (the “Operator”), a limited liability company incorporated and existing in accordance with the laws of China with its registered address at Zone A, 2/F, No.1 Gonghe Road (West), Yuexiu District, Guangzhou, China; and

 

YAO FANG INFORMATION TECHNOLOGY (SHANGHAI) CO., LTD. (the “Foreign-owned Enterprise”), a complete foreign-owned enterprise incorporated and existing in accordance with the laws of China with its registered address at Room 805, Suite B, No.1 Building, No.977, Shangfeng Road, Tang Town, Pudong New Area, Shanghai, China.

 

WHEREAS, the Operator and the Foreign-owned Enterprise have entered into the Exclusive Support Services Agreement on September 5, 2013 (the “Original Agreement”), according to which the Operator agreed the Foreign-owned Enterprise to provide exclusive Supporting Services and charge corresponding Service Fee to the Operator;

 

WHEREAS, the Operator and the Foreign-owned Enterprise are willing to make adjustment to the standard of the Service Fee.

 

NOW, THEREFORE, the Parties agree, through friendly consultations, as follows:

 

1. The Parties agree, the Article 3.1 of the Original Agreement shall be amended as follows from July 1, 2019:

 

3.1 Service Fee

 

As the consideration for the Supporting Services provided by the Foreign-owned Enterprise to the Operator, the Operator shall pay the Foreign-owned Enterprise the Service Fee (“Service Fee”) quarterly during the term hereof and the amount of the Service Fee shall be equal to 3% of the Proceeds earned by the Operator (excluding proceeds from the Affiliates).

 

Notwithstanding the foregoing, in case of operating loss occurring to Operator in any quarter during the term hereof, the Foreign-owned Enterprise may, in its sole discretion, decide to (i) allow the Operator to defer to pay the  Service Fee to next quarter, or (ii) exempt the obligation of the Operator of paying Service Fees for such quarter.

 

 

The Parties further agree that the specific amount of the Service Fee could be adjusted in writing from time to time.

 

2. The above amendment shall not affect the other rights and obligations and the implementation under the Original Agreement. In case of any inconsistencies between this Agreement and the Original Agreement, this Agreement shall prevail; and for those issues not covered in this Agreement, the Original Agreement shall be applied.

 

3. This Agreement is made in two counterparts in Chinese, with each Party holding one counterpart, and those two counterparts shall have equal legal force. The Parties may execute the copies of this Agreement according to actual needs.

 

[THE REMAINDER OF THIS PAGE IS INTENTIONALLY LEFT BLANK; THE SIGNATURE PAGE IS ATTACHED HEREINBELOW]

 

 

 

IN WITNESS WHEREOF, the Parties have caused this Amended Exclusive Support Services Agreement to be executed by their respective legal representatives or authorized representatives on the day and year first above written.

 

 

GUANGDONG YIHAO PHARMACY CO., LTD.

By:

Name: Yang ZHANG

Title: Legal Representative

Seal: /s/ Guangdong Yihao Pharmacy Co., Ltd.

 

 

YAO FANG INFORMATION TECHNOLOGY (SHANGHAI) CO., LTD.

By:

Name: Qing MU

Title: Legal Representative

Seal: /s/ Yao Fang Information Technology (Shanghai) Co., Ltd.Exhibit 4.24

 

Amended Exclusive Support Services Agreement

 

Between

 

GUANGDONG YIHAO PHARMACEUTICAL CHAIN CO., LTD.

 

And

 

YAO FANG INFORMATION TECHNOLOGY (SHANGHAI) CO., LTD.

 

 

July 1, 2019

 

 

 

This Amended Exclusive Support Services Agreement (the “Agreement”) is concluded and signed on July 1, 2019 in Shanghai, the People’s Republic of China (“China”) by and between:

 

GUANGDONG YIHAO PHARMACEUTICAL CHAIN CO., LTD. (the “Operator”), a limited liability company incorporated and existing in accordance with the laws of China with its registered address at 2/F, No.1 Gonghe Road (West), Yuexiu District, Guangzhou, China; and

 

YAO FANG INFORMATION TECHNOLOGY (SHANGHAI) CO., LTD. (the “Foreign-owned Enterprise”), a complete foreign-owned enterprise incorporated and existing in accordance with the laws of China with its registered address at Room 805, Suite B, No.1 Building, No.977, Shangfeng Road, Tang Town, Pudong New Area, Shanghai, China.

 

WHEREAS, the Operator and the Foreign-owned Enterprise have entered into the Exclusive Support Services Agreement on September 5, 2013 (the “Original Agreement”), according to which the Operator agreed the Foreign-owned Enterprise to provide exclusive Supporting Services and charge corresponding Service Fee to the Operator;

 

WHEREAS, the Operator and the Foreign-owned Enterprise are willing to make adjustment to the standard of the Service Fee.

 

NOW, THEREFORE, the Parties agree, through friendly consultations, as follows:

 

1. The Parties agree, the Article 3.1 of the Original Agreement shall be amended as follows from July 1, 2019:

 

3.1 Service Fee

 

As the consideration for the Supporting Services provided by the Foreign-owned Enterprise to the Operator, the Operator shall pay the Foreign-owned Enterprise the Service Fee (“Service Fee”) quarterly during the term hereof and the amount of the Service Fee shall be equal to 3% of the Proceeds earned by the Operator (excluding proceeds from the Affiliates).

 

Notwithstanding the foregoing, in case of operating loss occurring to Operator in any quarter during the term hereof, the Foreign-owned Enterprise may, in its sole discretion, decide to (i) allow the Operator to defer to pay the  Service Fee to next quarter, or (ii) exempt the obligation of the Operator of paying Service Fees for such quarter.

 

 

The Parties further agree that the specific amount of the Service Fee could be adjusted in writing from time to time.

 

2. The above amendment shall not affect the other rights and obligations and the implementation under the Original Agreement. In case of any inconsistencies between this Agreement and the Original Agreement, this Agreement shall prevail; and for those issues not covered in this Agreement, the Original Agreement shall be applied.

 

3. This Agreement is made in two counterparts in Chinese, with each Party holding one counterpart, and those two counterparts shall have equal legal force. The Parties may execute the copies of this Agreement according to actual needs.

 

[THE REMAINDER OF THIS PAGE IS INTENTIONALLY LEFT BLANK; THE SIGNATURE PAGE IS ATTACHED HEREINBELOW]

 

 

 

IN WITNESS WHEREOF, the Parties have caused this Amended Exclusive Support Services Agreement to be executed by their respective legal representatives or authorized representatives on the day and year first above written.

 

 

GUANGDONG YIHAO PHARMACEUTICAL CHAIN CO., LTD.

By:

Name: Yang ZHANG

Title: Legal Representative

Seal: /s/ Guangdong Yihao Pharmaceutical Chain Co., Ltd.

 

 

YAO FANG INFORMATION TECHNOLOGY (SHANGHAI) CO., LTD.

By:

Name: Qing MU

Title: Legal Representative

Seal: /s/ Yao Fang Information Technology (Shanghai) Co., Ltd.Exhibit 4.25

 

Amended Exclusive Support Services Agreement

 

Between

 

SHANGHAI YAOWANG E-COMMERCE CO., LTD.

 

And

 

YAO FANG INFORMATION TECHNOLOGY (SHANGHAI) CO., LTD.

 

 

July 1, 2019

 

 

 

This Amended Exclusive Support Services Agreement (the “Agreement”) is concluded and signed on July 1, 2019 in Shanghai, the People’s Republic of China (“China”) by and between:

 

SHANGHAI YAOWANG E-COMMERCE CO., LTD. (the “Operator”), a limited liability company incorporated and existing in accordance with the laws of China with its registered address at Room 772, Floor 7, Suite A, No.1 Building, No.977, Shangfeng Road, Tang Town, Pudong New Area, Shanghai, China ; and

 

YAO FANG INFORMATION TECHNOLOGY (SHANGHAI) CO., LTD. (the “Foreign-owned Enterprise”), a complete foreign-owned enterprise incorporated and existing in accordance with the laws of China with its registered address at Room 805, Suite B, No.1 Building, No.977, Shangfeng Road, Tang Town, Pudong New Area, Shanghai, China.

 

WHEREAS, the Operator and the Foreign-owned Enterprise have entered into the Exclusive Support Services Agreement on September 5, 2013 (the “Original Agreement”), according to which the Operator agreed the Foreign-owned Enterprise to provide exclusive Supporting Services and charge corresponding Service Fee to the Operator;

 

WHEREAS, the Operator and the Foreign-owned Enterprise are willing to make adjustment to the standard of the Service Fee.

 

NOW, THEREFORE, the Parties agree, through friendly consultations, as follows:

 

1. The Parties agree, the Article 3.1 of the Original Agreement shall be amended as follows from July 1, 2019:

 

3.1 Service Fee

 

As the consideration for the Supporting Services provided by the Foreign-owned Enterprise to the Operator, the Operator shall pay the Foreign-owned Enterprise the Service Fee (“Service Fee”) quarterly during the term hereof and the amount of the Service Fee shall be equal to 3% of the Proceeds earned by the Operator (excluding proceeds from the Affiliates).

 

Notwithstanding the foregoing, in case of operating loss occurring to Operator in any quarter during the term hereof, the Foreign-owned Enterprise may, in its sole discretion, decide to (i) allow the Operator to defer to pay the  Service Fee to next quarter, or (ii) exempt the obligation of the Operator of paying Service Fees for such quarter.

 

 

The Parties further agree that the specific amount of the Service Fee could be adjusted in writing from time to time.

 

2. The above amendment shall not affect the other rights and obligations and the implementation under the Original Agreement. In case of any inconsistencies between this Agreement and the Original Agreement, this Agreement shall prevail; and for those issues not covered in this Agreement, the Original Agreement shall be applied.

 

3. This Agreement is made in two counterparts in Chinese, with each Party holding one counterpart, and those two counterparts shall have equal legal force. The Parties may execute the copies of this Agreement according to actual needs.

 

[THE REMAINDER OF THIS PAGE IS INTENTIONALLY LEFT BLANK; THE SIGNATURE PAGE IS ATTACHED HEREINBELOW]

 

 

IN WITNESS WHEREOF, the Parties have caused this Amended Exclusive Support Services Agreement to be executed by their respective legal representatives or authorized representatives on the day and year first above written.

 

 

SHANGHAI YAOWANG E-COMMERCE CO., LTD.

By:

Name: Yang ZHANG

Title: Legal Representative

Seal: /s/ Shanghai Yaowang E-Commerce Co., Ltd.

 

 

YAO FANG INFORMATION TECHNOLOGY (SHANGHAI) CO., LTD.

By:

Name: Qing MU

Title: Legal Representative

Seal: /s/ Yao Fang Information Technology (Shanghai) Co., Ltd.

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