Document:

EX-10.1

 Exhibit 10.1 

AMENDMENT NO. 4 
 TO

 SECOND AMENDED AND RESTATED CREDIT AGREEMENT 

THIS AMENDMENT NO. 4 TO SECOND AMENDED AND RESTATED CREDIT AGREEMENT (this “Amendment”), dated as of August 4, 2016, is
entered into by and among Lifetime Brands, Inc., as the Company (the “Company”), the financial institutions party hereto as Lenders (collectively, the “Lenders”) and JPMorgan Chase Bank, N.A., as Administrative
Agent (the “Administrative Agent”). Capitalized terms used but not otherwise defined herein shall have the meanings given to them in the Credit Agreement referenced below. 

WITNESSETH 
 WHEREAS, the
Company, the Foreign Subsidiary Borrowers party thereto, the other Loan Parties party thereto, the Lenders and the Administrative Agent are parties to a Second Amended and Restated Credit Agreement, dated as of January 13, 2014 (as amended,
restated, supplemented or otherwise modified, the “Credit Agreement”); 
 WHEREAS, the Company has requested that the
Lenders and the Administrative Agent agree to certain amendments to the Credit Agreement; and 
 WHEREAS, the Lenders party hereto and the
Administrative Agent have agreed to such amendments on the terms and conditions set forth herein; 
 NOW, THEREFORE, in consideration of the
premises set forth above, the terms and conditions contained herein, and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the Company, the Lenders party hereto and the Administrative Agent hereby
agree as follows: 
 Section 1. Amendments. Effective as of the date of satisfaction of the conditions precedent set forth
in Section 2 below, the parties hereto agree that the Credit Agreement is hereby amended as follows: 
 (a)
Section 1.01 of the Credit Agreement is amended to insert the following definitions thereto in the appropriate alphabetical order: 

“Amendment No. 4 Effective Date” means August 4, 2016. 

“Approved Account” means an Account subject to an Approved Account Sale. 

“Approved Account Debtor” means any Account Debtor selected by the Company and approved by the Administrative Agent in
writing from time to time; provided that, if the Administrative Agent receives evidence reasonably satisfactory to it that no Accounts of such Account Debtor are subject to an Approved Account Sale, then the Administrative Agent may remove
such Account Debtor as an Approved Account Debtor by notice to the Company and the Lenders. 
 “Approved Account Sale” has
the meaning assigned to such term in Section 6.05(j). 

  
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 “Attributable Indebtedness” means, at any time, with respect to any Approved
Account Sale, the principal amount of Indebtedness which would be outstanding at such time pursuant to such Approved Account Sale if the sale of the related Approved Accounts thereunder were instead structured as a financing. 

“Bail-In Action” means the exercise of any Write-Down and Conversion Powers by the applicable EEA Resolution Authority in
respect of any liability of an EEA Financial Institution. 
 “Bail-In Legislation” means, with respect to any EEA Member
Country implementing Article 55 of Directive 2014/59/EU of the European Parliament and of the Council of the European Union, the implementing law for such EEA Member Country from time to time which is described in the EU Bail-In Legislation
Schedule. 
 “Collateral Deposit Account” has the meaning assigned to such term in the Security Agreement. 

“EEA Financial Institution” means (a) any institution established in any EEA Member Country which is subject to the
supervision of an EEA Resolution Authority, (b) any entity established in an EEA Member Country which is a parent of an institution described in clause (a) of this definition, or (c) any institution established in an EEA Member
Country which is a subsidiary of an institution described in clauses (a) or (b) of this definition and is subject to consolidated supervision with its parent. 

“EEA Member Country” means any of the member states of the European Union, Iceland, Liechtenstein, and Norway. 

“EEA Resolution Authority” means any public administrative authority or any Person entrusted with public administrative
authority of any EEA Member Country (including any delegee) having responsibility for the resolution of any EEA Financial Institution. 

“EU Bail-In Legislation Schedule” means the EU Bail-In Legislation Schedule published by the Loan Market Association (or any
successor Person), as in effect from time to time. 
 “Write-Down and Conversion Powers” means, with respect to any EEA
Resolution Authority, the write-down and conversion powers of such EEA Resolution Authority from time to time under the Bail-In Legislation for the applicable EEA Member Country, which write-down and conversion powers are described in the EU Bail-In
Legislation Schedule. 
 (b) The definition of “Defaulting Lender” set forth in Section 1.01 of the Credit Agreement
is amended to restate clause (d) thereof to read as “(d) has become the subject of (i) a Bankruptcy Event or (ii) a Bail-In Action.” 

(c) Clause (a)(vi) of the definition of “EBITDA” appearing in Section 1.01 of the Credit Agreement is
hereby amended and restated to read as follows: 
 (vi) non-recurring charges incurred during such period, which shall not exceed, in the
aggregate for all periods occurring on and after the Effective Date $5,000,000 (it being understood and agreed that at least $2,000,000 of such non-recurring charges have been incurred and added back to EBITDA pursuant to this clause
(vi) for periods occurring prior to the Amendment No. 4 Effective Date), 

  
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 (d) The definition of “Eligible Accounts” appearing in Section 1.01
of the Credit Agreement is amended to (i) delete the “or” appearing at the end of clause (aa) thereto, (ii) replace the period at the end of clause (bb) thereto with “; or” and (iii) insert a new clause (cc)
thereto to read in its entirety as follows: 
 (cc) which is owing by an Approved Account Debtor. 

(e) Section 2.21 of the Credit Agreement is amended to add the words “or a Bail-In Action” immediately after the words
“a Bankruptcy Event” appearing therein. 
 (f) Article III of the Credit Agreement is amended to add a new
Section 3.22 immediately at the end thereof as follows: 
 Section 3.22 EEA Financial Institutions.
No Loan Party is an EEA Financial Institution. 
 (g) Section 6.01 of the Credit Agreement is amended to (i) delete the
“and” appearing at the end of clause (j) thereto, (ii) replace the period at the end of clause (k) thereto with “; and” and (iii) insert a new clause (l) thereto to read in its entirety as follows: 

(l) Attributable Indebtedness in respect of any Approved Account Sale, to the extent the purchase of Approved Accounts thereunder is
recharacterized as the financing of such Approved Accounts. 
 (h) Section 6.02 of the Credit Agreement is amended to
(i) delete the “and” appearing at the end of clause (q) thereto, (ii) replace the period at the end of clause (r) thereto with “; and” and (iii) insert a new clause (s) thereto to read in its
entirety as follows: 
 (s) Liens on Approved Accounts pursuant to an Approved Account Sale (including any Liens securing Indebtedness
permitted by clause (l) of Section 6.01). 
 (i) The last sentence of Section 6.02 of the Credit
Agreement is hereby amended and restated to read as follows: 
 Notwithstanding the foregoing, none of the Liens permitted pursuant to this
Section 6.02 may at any time attach to any Loan Party’s (1) Accounts or Trademarks, other than those permitted under clause (a) of the definition of Permitted Encumbrance and clauses (a) and (s) above or
(2) Inventory, other than those permitted under clauses (a) and (b) of the definition of Permitted Encumbrance and clause (a) above. 

(j) Clause (A) of the proviso to Section 6.04(d) of the Credit Agreement is hereby amended and restated to read as
follows: “(A) any such loans and advances made by a Loan Party shall (x) if requested by the Administrative Agent, be evidenced by a promissory note and, subject to Section 10.13 hereof, pledged pursuant to a Security Agreement
and (y) if evidenced by a promissory note, subject to Section 10.13 hereof, be pledged pursuant to a Security Agreement and”. To the extent loans and advances made by any Loan Party in reliance on Section 6.04(d) of
the Credit Agreement were not evidenced by a promissory note prior to the Amendment No. 4 Effective Date in accordance with clause (A) of the proviso to Section 6.04(d) of the Credit Agreement (prior to giving effect to
this Amendment), the Administrative Agent and the Lenders party hereto hereby waive such noncompliance. 

  
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 (k) Clause (i) of Section 6.04(q) of the Credit Agreement is hereby
amended and restated to read as follows: 
 (i) acquire and hold accounts receivable owing to any of them if (A) created or acquired in
the ordinary course of business and payable or dischargeable in accordance with customary terms or (B) repurchased in connection with any Approved Account Sale, 

(l) Section 6.05 of the Credit Agreement is amended to (i) delete the “and” appearing at the end of clause
(h) thereto, (ii) replace the “;” appearing at the end of clause (i) thereto with “; and” and (iii) insert a new clause (j) thereto to read in its entirety as follows: 

(j) sale by the Loan Parties of Accounts owing by an Approved Account Debtor to one or more financial institutions from time
to time in accordance with the terms of documents reasonably satisfactory to the Administrative Agent (an “Approved Account Sale”) so long as (i) one hundred percent (100%) of the net proceeds received by the Loan Parties
from such sale shall be deposited in one or more Collateral Deposit Accounts subject to Deposit Account Control Agreements and (ii) if requested by the Administrative Agent, such financial institution will enter into an intercreditor agreement
with the Administrative Agent, in form and substance reasonably satisfactory to the Administrative Agent, with respect to payments made in respect of such Accounts; 

(m) Section 6.08(b) of the Credit Agreement is amended to (i) delete the “and” appearing at the end of clause
(iii) thereto, (ii) replace the period appearing at the end of clause (iv) thereto with “; and” and (iii) insert a new clause (v) thereto to read in its entirety as follows: 

(v) the repurchase of Accounts pursuant to the terms of any Approved Account Sale. 

(n) Clause (c) of Section 6.09 is hereby amended to replace the term “investment” set forth therein with the
phrase “investment, loan or advance”. 
 (o) Section 6.10 of the Credit Agreement is amended to (i) replace the
“and” appearing immediately before clause (v) thereto with a “,”, (ii) replace the period at the end of clause (v) thereto with the word “and” and (iii) insert a new clause (vi) to read in its
entirety as follows: 
 (vi) clause (a) of the foregoing shall not apply to restrictions and conditions contained
in agreements entered into in connection with an Approved Account Sale. 
 (p) Article IX of the Credit Agreement is amended to add a
new Section 9.19 thereto immediately at the end thereof as follows: 
 Section 9.19 Acknowledgement and Consent
to Bail-In of EEA Financial Institutions. Notwithstanding anything to the contrary in any Loan Document or in any other agreement, arrangement or understanding among any such parties, each party hereto acknowledges that any liability of any EEA
Financial Institution arising under any Loan Document may be subject to the write-down and conversion powers of an EEA Resolution Authority and agrees and consents to, and acknowledges and agrees to be bound by: 

(a) the application of any Write-Down and Conversion Powers by an EEA Resolution Authority to any such liabilities arising
hereunder which may be payable to it by any party hereto that is an EEA Financial Institution; and 

  
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 (b) the effects of any Bail-In Action on any such liability, including, if
applicable: 
 (i) a reduction in full or in part or cancellation of any such liability; 

(ii) a conversion of all, or a portion of, such liability into shares or other instruments of ownership in such EEA Financial
Institution, its parent entity, or a bridge institution that may be issued to it or otherwise conferred on it, and that such shares or other instruments of ownership will be accepted by it in lieu of any rights with respect to any such liability
under this Agreement or any other Loan Document; or 
 (iii) the variation of the terms of such liability in connection with
the exercise of the write-down and conversion powers of any EEA Resolution Authority. 
 Section 2. Conditions of
Effectiveness. The effectiveness of this Amendment is subject to the conditions precedent that: 
 (a) the Administrative Agent
shall have received counterparts to this Amendment, duly executed by each of the Company, the Required Lenders and the Administrative Agent; 

(b) the Administrative Agent shall have received counterparts to the Consent and Reaffirmation, the form of which is attached hereto as
Exhibit A, duly executed by each Loan Party (other than the Company); and 
 (c) the Administrative Agent shall have received payment
of the Administrative Agent’s and its affiliates’ fees and reasonable out-of-pocket expenses (including reasonable out-of-pocket fees and expenses of counsel for the Administrative Agent) in connection with this Amendment. 

Section 3. Representations and Warranties of the Company. The Company hereby represents and warrants as follows: 

(a) This Amendment has been duly executed and delivered by it and constitutes its legal, valid and binding obligations, enforceable in
accordance with its terms, subject to applicable bankruptcy, insolvency, moratorium or other laws affecting creditors’ rights generally and subject to general principles of equity, regardless of whether considered in a proceeding at
law or in equity. 
 (b) After giving effect to this Amendment, the representations and warranties made by it in the Loan Documents are true
and correct as of the date hereof. 
 (c) Before and immediately after giving effect to this Amendment, no Default or Event of Default shall
have occurred and be continuing. 
 Section 4. Effect on Credit Agreement. 

(a) Upon the effectiveness of this Amendment, on and after the date hereof, each reference in the Credit Agreement to “this
Agreement,” “hereunder,” “hereof,” “herein” or words of like import shall mean and be a reference to such Agreement, as amended and modified hereby. 

(b) Except as specifically amended and modified above, the Credit Agreement and all other documents, instruments and agreements executed
and/or delivered in connection therewith shall remain in full force and effect, and are hereby ratified and confirmed. 

  
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 (c) The execution, delivery and effectiveness of this Amendment shall neither, except as
expressly provided herein, operate as a waiver of any right, power or remedy of the Administrative Agent or any Lender, nor constitute a waiver of any provision of the Credit Agreement or any other documents, instruments and agreements executed
and/or delivered in connection therewith. 
 Section 5. GOVERNING LAW. THIS AMENDMENT SHALL BE GOVERNED BY AND CONSTRUED IN
ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK. 
 Section 6. Headings. Section headings in this Amendment are
included herein for convenience of reference only and shall not constitute a part of this Amendment for any other purpose. 

Section 7. Counterparts. This Amendment may be executed by one or more of the parties to this Amendment on any number of
separate counterparts and all of said counterparts taken together shall be deemed to constitute one and the same instrument. A facsimile or PDF copy of any signature hereto shall have the same effect as the original thereof. 

[The remainder of this page is intentionally blank.] 

  
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 IN WITNESS WHEREOF, this Amendment has been duly executed as of the day and year first above
written. 
  

					
	LIFETIME BRANDS, INC., as the Company
		
	By	 	/s/ Laurence Winoker
		 	Name:	 	Laurence Winoker
		 	Title:	 	 Senior Vice President-Finance, Chief

Financial Officer and Treasurer

 Signature Page to Amendment No. 4 to 

Second Amended and Restated Credit Agreement 

Lifetime Brands, Inc. 

 
			
	JPMORGAN CHASE BANK, N.A., individually, as Administrative Agent, a Co-Collateral Agent, Issuing Bank, Swingline Lender and a Lender
		
	By:	 	/s/ Robert A. Kaulius
		 	Name: Robert A. Kaulius
		 	Title: Authorized Officer

 Signature Page to Amendment No. 4 to 

Second Amended and Restated Credit Agreement 

Lifetime Brands, Inc. 

 
			
	 HSBC BANK USA, NATIONAL ASSOCIATION,

as Syndication Agent, a Co-Collateral Agent and a Lender

		
	By:	 	/s/ William Conlan
		 	Name: William Conlan
		 	Title: Senior Vice President

 Signature Page to Amendment No. 4 to 

Second Amended and Restated Credit Agreement 

Lifetime Brands, Inc. 

 
			
	 CAPITAL ONE BUSINESS CREDIT CORP.,

as a Lender

		
	By:	 	/s/ Donna Lubin
		 	Name: Donna Lubin
		 	Title: Director

 Signature Page to Amendment No. 4 to 

Second Amended and Restated Credit Agreement 

Lifetime Brands, Inc. 

 
			
	 WELLS FARGO BANK, NATIONAL ASSOCIATION,

as a Lender

		
	By:	 	/s/ Robert J. Milas
		 	Name: Robert J. Milas
		 	Title: Senior Vice President

 Signature Page to Amendment No. 4 to 

Second Amended and Restated Credit Agreement 

Lifetime Brands, Inc. 

 
			
	 SANTANDER BANK, N.A.,
 as a
Lender

		
	By:	 	/s/ Pasqualina Coppola
		 	Name: Pasqualina Coppola
		 	Title: Senior Vice President

 Signature Page to Amendment No. 4 to 

Second Amended and Restated Credit Agreement 

Lifetime Brands, Inc. 

 EXHIBIT A 

CONSENT AND REAFFIRMATION 

[Attached] 

 CONSENT AND REAFFIRMATION 

Each of the undersigned hereby acknowledges receipt of a copy of that certain Amendment No. 4 to Second Amended and Restated Credit
Agreement, dated as of August 4 2016 (the “Amendment”), by and among Lifetime Brands, Inc., as the Company (the “Company”), the financial institutions party thereto as Lenders (collectively, the
“Lenders”), and JPMorgan Chase Bank, N.A., as the Administrative Agent (the “Administrative Agent”), which amends that certain Second Amended and Restated Credit Agreement, dated as of January 13, 2014 (as
amended, restated, supplemented or otherwise modified from time to time, the “Credit Agreement”), by and among the Company, the Foreign Subsidiary Borrowers party thereto, the other Loan Parties party thereto, the Lenders and the
Administrative Agent. Capitalized terms used but not otherwise defined herein shall have the meanings given to them in the Credit Agreement. Without in any way establishing a course of dealing by the Administrative Agent or any Lender, each of the
undersigned consents to the Amendment and acknowledges and agrees that each Loan Document executed by it remains in full force and effect and is hereby reaffirmed, ratified and confirmed. All references to the Credit Agreement contained in the Loan
Documents shall be a reference to the Credit Agreement as so modified by the Amendment. 
 Dated: August 4, 2016 

[Signature Pages Follow] 

 IN WITNESS WHEREOF, this Consent and Reaffirmation has been duly executed as of the day and year
first above written. 
  

					
	PFALTZGRAFF FACTORY STORES, INC.
		
	By	 	/s/ Laurence Winoker
		 	Name:	 	Laurence Winoker
		 	Title:	 	Senior Vice President-Finance and Treasurer
	
	TMC ACQUISITION INC.
		
	By	 	/s/ Laurence Winoker
		 	Name:	 	Laurence Winoker
		 	Title:	 	Chief Financial Officer and Treasurer
	
	LIFETIME DELAWARE HOLDINGS, LLC
		
	By	 	/s/ Laurence Winoker
		 	Name:	 	Laurence Winoker
		 	Title:	 	Senior Vice President-Finance and Treasurer
	
	CREATIVE TOPS LIMITED
		
	By	 	/s/ Ronald Shiftan
		 	Name:	 	Ronald Shiftan
		 	Title:	 	Director
	
	LIFETIME BRANDS UK LIMITED
		
	By	 	/s/ Ronald Shiftan
		 	Name:	 	Ronald Shiftan
		 	Title:	 	Director
	
	CREATIVE TOPS HOLDINGS LIMITED
		
	By	 	/s/ Ronald Shiftan
		 	Name:	 	Ronald Shiftan
		 	Title:	 	Director

 Signature Page to Consent and Reaffirmation for 

Amendment No. 4 to Second Amended and Restated Credit Agreement 

Lifetime Brands, Inc. 

 
			
	THOMAS PLANT (BIRMINGHAM) LIMITED
		
	By	 	/s/ Ronald Shiftan
		 	Name: Ronald Shiftan
		 	Title: Director

 Signature Page to Consent and Reaffirmation for 

Amendment No. 4 to Second Amended and Restated Credit Agreement 

Lifetime Brands, Inc.Exhibit 10.1

 

AMENDMENT 4 TO ACQUISITION AGREEMENT

 

This Amendment 4
to Acquisition Agreement (this “Amendment”), dated August 8th, 2016 is entered into by and among
China United Insurance Service, Inc., a company with limited liability incorporated under the laws of Delaware (“CUIS”)
and the selling shareholders of Action Holdings Financial Limited (“AHFL”) as listed in Schedule I of
this Amendment (the “Selling Shareholders”) .

 

CUIS and the Selling
Shareholders are collectively referred to as the “Parties” and each a “Party” under this
Amendment.

 

WHEREAS, the Parties
entered into the Acquisition Agreement on August 24, 2012 (the “Agreement”), pursuant to which CUIS acquired any and
all issued and outstanding shares of AHFL and became the sole shareholder of AHFL.

 

WHEREAS, the Company
and the selling shareholders of AHFL entered into a third Amendment to the Agreement (the “Third Amendment”), pursuant
to which, on or prior to June 30, 2016, (i) the Company is committed to complete the listing of the Company’s shares in a
major capital market, where the net proceeds raised through such public offering financing shall be at least US$10,000,000; (ii)
the Company is committed to distribute the cash payment in the amount of NT$22.5 million (approximately US$676,466), on a pro rata
basis, to the selling shareholders of AHFL and issue 5 million common shares to its selected employees pursuant to its employee
stock/option plan, or any alternative plan mutually accepted by the Company and such selling shareholders; and (iii) failure to
timely complete either of the above-mentioned criteria shall be deemed as a material breach of the Company under Article 8 of the
Acquisition Agreement, whereby the non-breaching party shall be entitled to terminate the Acquisition Agreement and unwind the
acquisition of AHFL by CUIS and restore the status quo of the Company and the Selling Shareholders as if the said acquisition had
never happened.

 

WHEREAS, the Company
has been actively working towards its listing in a major capital market, where the existence of such termination right under the
Third Amendment is actually to the detriment of such listing process. The Selling Shareholders acknowledge the efforts made by
the Company and agree to terminate the Third Amendment and amend certain provisions of Sections 2.2 of the Agreement.

 

NOW, THEREFORE, in
consideration of the mutual covenants and undertakings contained herein and for other good and valuable consideration, the receipt
and sufficiency of which are hereby acknowledged, and subject to and on the terms and conditions set forth herein, the Parties
hereto agree as follows:

 

     

     

    

 

The Third Amendment
is hereby terminated effective on the Effective Date set forth hereof above.

 

To amend and restate
Sections 2.2(iii) and (iv):

(iii) pay NT$15 million
to the Selling Shareholders in the amounts set forth opposite each Selling Shareholder's name on Schedule I on or prior
to March 31, 2017 or at any other time or in any other manner otherwise agreed upon by and among the Parties; (iv) pay NT$4,830,514
to the Selling Shareholders in the amounts set forth opposite each Selling Shareholder's name on Schedule I on July 21,
2016.

 

Except amended by
this Amendment, any other provision of the Agreement shall remain unchanged. This Amendment together with the Agreement and any
subsequent amendment shall constitute the entire agreement among the Parties with respect to the subject matter of the Agreement
and shall supersede all previous communications of the Parties in respect of the subject matter of the Agreement. This Amendment
is made in one or more counterparts, all of which will be considered one and the same agreement and will become effective. When
one or more counterparts have been signed by each of the parties and delivered to the other parties, it being understood that all
parties need not sign the same counterpart.

  

IN WITNESS WHEREOF
the Parties hereto have executed this Amendment as of the day and year first above written.

 

 

	China
    United Insurance Service, Inc.
	 
	By:	/s/
    Yi-Hsiao Mao	 
	Name:	Yi-Hsiao
    Mao
	Title:	Director

  

     

     

    

 

	
        By: /s/ MAO YI HSIAO

         

        Name: MAO YI HSIAO

         
	
        By: /s/ CHOU CHUNG HSIEN

         

        Name: CHOU CHUNG HSIEN

         

	
        By: /s/ CHEN HUNG JU

         

        Name: CHEN HUNG JU

         
	
        By: /s/ YU HENG CHI

         

        Name: YU HENG CHI

         

	
        By: /s/ CHENG MIN LUNG

         

        Name: CHENG MIN LUNG

         
	
        By: /s/ CHEN HSIN CHU

         

        Name: CHEN HSIN CHU

         

	
        By: /s/ LEE TSUN HSING

         

        Name: LEE TSUN HSING

         
	
        By: /s/ CHEN SHU TZU

         

        Name: CHEN SHU TZU

         

	
        By: /s/ YEH FU CHAO

         

        Name: YEH FU CHAO

         
	
        By: /s/ CHEN YING CHANG

         

        Name: CHEN YING CHANG

         

	
        By: /s/ HSU MING CHU

         

        Name: HSU MING CHU

         
	
        By: /s/ CHEN YI CHING

         

        Name: CHEN YI CHING

         

	
        By: /s/ YU WANG CHIN

         

        Name: YU WANG CHIN

         
	
        By: /s/ YANG LI LING

         

        Name: YANG LI LING

         

	
        By: /s/ WANG LING SHUEH

         

        Name: WANG LING SHUEH

         
	
        By: /s/ CHEN PO CHIANG

         

        Name: CHEN PO CHIANG

         

	
        By: /s/ CHEN HSIAO HUNG

         

        Name: CHEN HSIAO HUNG

         
	
        By: /s/ CHIANG WEN TE

         

        Name: CHIANG WEN TE

         

	
        By: /s/ LI BI E

         

        Name: LI BI E

         
	
        By: /s/ LIN KUNG YEN

         

        Name: LIN KUNG YEN

         

	
        By: /s/ YANG CHE CHIA

         

        Name: YANG CHE CHIA

         
	
        By: /s/ HONG ZHONG NAN

         

        Name: HONG ZHONG NAN

         

	
        By: /s/ CHOU SHIOU HUEI

         

        Name: CHOU SHIOU HUEI

         
	
        By: /s/ JIAN SU HUA

         

        Name: JIAN SU HUA

         

	
        By: /s/ HSU YA LIN

         

        Name: HSU YA LIN

         
	
        By: /s/ HAO CHIEH

         

        Name: HAO CHIEH

         

	
        By: /s/ WANG JEN CHUAN

         

        Name: WANG JEN CHUAN

         
	
        By: /s/ WANG MEI HUI

         

        Name: WANG MEI HUI

         

	
        By: /s/ LIAO YUNG MING

         

        Name: LIAO YUNG MING

         
	
        By: /s/ LIU TA WEI

         

        Name: LIU TA WEI

         

	
        By: /s/ CHANG CHIEN HAN CHUNG

         

        Name: CHANG CHIEN HAN CHUNG

         
	
        By: /s/ CHENG HSING LING

         

        Name: CHENG HSING LING

         

 

     

     

    

 

	
        By: /s/ YANG HSIU YUN

         

        Name: YANG HSIU YUN

         
	
        By: /s/ LIN TING HUA

         

        Name: LIN TING HUA

         

	
        By: /s/ LIN CHU CHUN

         

        Name: LIN CHU CHUN

         
	
        By: /s/ LEE YAO TUNG

         

        Name: LEE YAO TUNG

         

	
        By: /s/ TSAI CHIH HUNG

         

        Name: TSAI CHIH HUNG

         
	
        By: /s/ HUANG SHU JHEN

         

        Name: HUANG SHU JHEN

         

	
        By: /s/ TSAI KUO SUNG

         

        Name: TSAI KUO SUNG

         
	
        By: /s/ CHAO HUI HSIEN

         

        Name: CHAO HUI HSIEN

         

	
        By: /s/ WU CHI TAI

         

        Name: WU CHI TAI

         
	
        By: /s/ HSU PEI YU

         

        Name: HSU PEI YU

         

	
        By: /s/ CHEN HSUAN YU

         

        Name: CHEN HSUAN YU

         
	
        By: /s/ TU WEI PIN

         

        Name: TU WEI PIN

         

	
        By: /s/ JIANG KAI WEI

         

        Name: JIANG KAI WEI

         
	
        By: /s/ TU CHENG WEI

         

        Name: TU CHENG WEI

         

	
        By: /s/ LIN CHUN WEI

         

        Name: LIN CHUN WEI

         
	
        By: /s/ CHAN HUI YING

         

        Name: CHAN HUI YING

         

	
        By: /s/ TU WEN TI

         

        Name: TU WEN TI

         
	
        By: /s/ CHUANG YUNG CHI

         

        Name: CHUANG YUNG CHI

         

	
        By: /s/ SHEN WEN CHE

         

        Name: SHEN WEN CHE

         
	
        By: /s/ CHIN LI HSUN

         

        Name: CHIN LI HSUN

         

	
        By: /s/ HSIEH TUNG CHI

         

        Name: HSIEH TUNG CHI

         
	
        By: /s/ YEH JEI HUA

         

        Name: YEH JEI HUA

         

	
        By: /s/ CHEN YU ZHEN

         

        Name: CHEN YU ZHEN

         
	
        By: /s/ LIN CHIN CHIANG

         

        Name: LIN CHIN CHIANG

         

	
        By: /s/ TSAO CHIH TANG

         

        Name: TSAO CHIH TANG

         
	
        By: /s/ SHIH YEN CHIN

         

        Name: SHIH YEN CHIN

         

	
        By: /s/ CHENG YA FEN

         

        Name: CHENG YA FEN

         
	
        By: /s/ CHEN HSIANG LI

         

        Name: CHEN HSIANG LI

         

	
        By: /s/ HUANG CHUN CHIEH

         

        Name: HUANG CHUN CHIEH

         
	
        By: /s/ LIU YU FANG

         

        Name: LIU YU FANG

         

 

     

     

    

 

	
        By: /s/ TUNG SU LAN

         

        Name: TUNG SU LAN

         
	
        By: /s/ CHANG HUI CHUN

         

        Name: CHANG HUI CHUN

         

	
        By: /s/ YEN YU HSUN

         

        Name: YEN YU HSUN

         
	
        By: /s/ YEH WAN YU

         

        Name: YEH WAN YU

         

	
        By: /s/ CHEN MING HSIU

         

        Name: CHEN MING HSIU

         
	
        By: /s/ YANG HSIANG HUI

         

        Name: YANG HSIANG HUI

         

	
        By: /s/ NIEN HUI CHU

         

        Name: NIEN HUI CHU

         
	
        By: /s/ CHIH YING PEI

         

        Name: CHIH YING PEI

         

	
        By: /s/ SHEN KAI FONG

         

        Name: SHEN KAI FONG

         
	
        By: /s/ WANG LING SHIH

         

        Name: WANG LING SHIH

         

	
        By: /s/ CHEN HSIAO MEI

         

        Name: CHEN HSIAO MEI

         
	
        By: /s/ CHENG YEN WEN

         

        Name: CHENG YEN WEN

         

	
        U-Li Investment Consulting Enterprise Co.,
        Ltd.

         

        By: /s/ LEE SHU FEN

         

        Name: LEE SHU FEN

         

        Title: Director

         
	
        Marcopolo Investment Company Ltd.

         

        By: /s/ CHOU CHUNG HSIEN

         

        Name: CHOU CHUNG HSIEN

         

        Title: Director

         

	
        CHENG HENG Investment Co., Ltd.

         

        By: /s/ YU HENG CHI

         

        Name: YU HENG CHI

         

        Title: Director

         
	
        HONG YUAN Investment Co., Ltd.

         

        By: /s/ LEE TSUN HSING

         

        Name: LEE TSUN HSING

         

        Title: Director

         

	
        FENG SHOU Investment Co., Ltd.

         

        By: /s/ CHEN HUNG JU

         

        Name: CHEN HUNG JU

         

        Title: Director

         
	
        By: /s/ CHEN CHANG CHIH

         

        Name: CHEN CHANG CHIH

         

 

     

     

    

 

	
         

        China United Insurance Service, Inc.

	No.	Shareholder Name	
         

        Amount of Cash Paid to the Selling Shareholders
        on or prior to March 31, 2017
	Amount of Cash Paid to the Selling Shareholders on 

July 21, 2016
	1	 MAO YI HSIAO	1,366,117	586,250
	2	CHOU CHUNG HSIEN	91,941	39,455
	3	CHEN HUNG JU	974,276	418,096
	4	YU HENG CHI	487,345	209,137
	5	CHENG MIN LUNG	583,112	250,234
	6	CHEN HSIN CHU	155,285	66,638
	7	LEE TSUN HSING	20,633	8,854
	8	CHEN SHU TZU	103,089	44,239
	9	YEH FU CHAO	109,494	46,988
	10	CHEN YING CHANG	206,357	88,555
	11	HSU MING CHU	315,082	135,213
	12	CHEN YI CHING	40,122	17,218
	13	YU WAN CHIN	33,440	14,350
	14	YANG LI LING	100,036	42,929
	15	WANG LING SHUEH	8,345	3,581
	16	CHEN PO CHIANG	8,741	3,751
	17	CHEN HSIAO HUNG	36,292	15,574
	18	CHIANG WEN TE	380,343	163,219
	19	LE BI E	26,914	11,550
	20	LIN KUNG YEN	38,362	16,462
	21	YANG CHE CHIA	98,248	42,162
	22	HONG ZHONG NAN	43,317	18,589
	23	CHOU SHIOU HUEI	26,049	11,178

 

     

     

    

 

	
         

        China United Insurance Service, Inc.

	No.	Shareholder Name	
         

        Amount of Cash Paid to the Selling Shareholders
        on or prior to March 31, 2017
	Amount of Cash Paid to the Selling Shareholders on 

July 21, 2016
	24	JIAN SU HUA	37,669	16,165
	25	HSU YA LIN	170,464	73,152
	26	HAO CHIEH	40,020	17,174
	27	WANG JEN CHUAN	14,514	6,229
	28	WANG MEI HUI	7,457	3,200
	29	LIAO YUNG MING	29,793	12,785
	30	LIU TA WEI	102,102	43,816
	31	CHANG CHIEN HAN CHUNG	50,507	21,674
	32	CHENG HSING LING	40,319	17,302
	33	YANG HSIU YUN	20,126	8,637
	34	LIN TING HUA	101,928	43,741
	35	LIN CHU CHUN	34,232	14,690
	36	LEE YAO TUNG	27,535	11,816
	37	TSAI CHIH HUNG	42,855	18,391
	38	HUANG SHU CHEN	6,651	2,854
	39	TSAI KUO SUNG	96,892	41,580
	40	WU CHI TAI	14,053	6,031
	41	HSU PEI YU	15,215	6,529
	42	CHEN HSUAN YU	37,659	16,161
	43	TU WEI PIN	38,304	16,438
	44	JIANG KAI WEI	29,187	12,525
	45	TU CHENG WEI	25,681	11,021
	46	LIN CHUN WEI	6,589	2,828
	47	CHAN HUI YING	7,688	3,299
	48	CHAO HUI HSIEN	115,275	49,468
	49	TU WEN TI	32,531	13,960

 

     

     

    

 

	
         

        China United Insurance Service, Inc.

	No.	Shareholder Name	
         

        Amount of Cash Paid to the Selling Shareholders
        on or prior to March 31, 2017
	Amount of Cash Paid to the Selling Shareholders on 

July 21, 2016
	50	CHUANG YUNG CHI	35,360	15,175
	51	SEHN WEN CHE	39,684	17,030
	52	CHIN LI HSUN	20,206	8,671
	53	HSIEH TUNG CHI	30,440	13,064
	54	YEH JEI HUA	37,886	16,258
	55	CHEN YU ZHEN	10,103	4,335
	56	LIN CHIN CHIANG	12,558	5,390
	57	TSAO CHIH TANG	3,293	1,413
	58	SHIH YEN CHIN	10,224	4,387
	59	CHENG YA FEN	6,627	2,845
	60	CHEN HSIANG LI	10,224	4,387
	61	HUANG CHUN CHIEH	10,224	4,387
	62	LIU YU FANG	10,224	4,387
	63	TUNG SU LAN	6,890	2,957
	64	CHANG HUI CHUN	20,460	8,780
	65	YEN YU HSUN	5,819	2,497
	66	YEH WAN YU	10,224	4,387
	67	CHEN MING HSIU	6,890	2,957
	68	YANG HSIANG HUI	10,224	4,387
	69	NIEN HUI CHU	10,224	4,387
	70	CHIH YIN PEI	10,224	4,387
	71	SHEN KAI FONG	3,334	1,431
	72	WANG LING SHIH	3,596	1,544
	73	CHEN HSIAO MEI	3,596	1,544
	74	CHENG YEN WEN	3,596	1,544

 

     

     

    

 

	
         

        China United Insurance Service, Inc.

	No.	Shareholder Name	
         

        Amount of Cash Paid to the Selling Shareholders
        on or prior to March 31, 2017
	Amount of Cash Paid to the Selling Shareholders on 

July 21, 2016
	75	U-Li Investment Consulting Enterprise Co., Ltd.	5,107,500	585,290
	76	Marcopolo Investment Company Ltd.	909,254	390,193
	77	CHENG HENG Investment Co., Ltd.	858,740	368,516
	78	HONG YUAN Investment Co., Ltd.	626,375	268,800
	79	FENG SHOU Investment Co., Ltd.	757,712	325,161
	80	CHEN CHANG CHIH	10,103	4,335
	Total	 	NT$15 MILLION	NT$4,830,514

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00261-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00261-of-00352.parquet"}]]