Document:

Exhibit 10.13

 

GUANGDONG YIHAO PHARMACY CO., LTD.

 

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

 

And

 

GUANGDONG YIHAO PHARMACEUTICAL CHAIN CO., LTD.

 

PROXY AGREEMENT

 

September 5, 2013

 

1

 

This PROXY AGREEMENT (“Agreement”) is made and entered into on September 5, 2013 by and among the following parties in Shanghai, the People’s Republic of China (“China”):

 

GUANGDONG YIHAO PHARMACY CO., LTD. , a limited liability company duly organized and existing under the laws of China with its legal address at 2/F, No.1 Gonghe Road (West), Yuexiu District, Guangzhou, China (“Principal”).

 

YAO FANG INFORMATION TECHNOLOGY (SHANGHAI) CO., LTD., a wholly foreign owned enterprise duly organized and existing under 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 (“Proxy”);

 

And

 

GUANGDONG YIHAO PHARMACEUTICAL CHAIN CO., LTD., a limited liability company duly organized and existing under the laws of China, with its legal address at 2/F, No.1 Gonghe Road (West), Yuexiu District, Guangzhou, China (“Operating Company”).

 

Each as a “Party” and collectively as “Parties”.

 

WHEREAS:

 

1. GUANGDONG YIHAO PHARMACY CO., LTD. is the shareholder of the Operating Company and owns 100% equity (“Equity”) in the registered capital of the Operating Company.

 

2. The Operating Company and the Proxy entered into an Exclusive Support Services Agreement (“Exclusive Support Services Agreement”) on September 5, 2013;

 

3. As one of the pre-conditions for the Proxy to provide the services under the Exclusive Support Service Contract, the Principal and the Proxy shall enter into a Proxy Agreement, whereby the Proxy will be authorized to exercise the voting right and the management right of the shareholder in the Operating Company for and on behalf of the Principal.

 

NOW, THEREFORE, the Parties hereby agree that:

 

1. DELEGATION OF SHAREHOLDERS’ VOTING RIGHT AND OTHER RIGHTS

 

1.1 Subject to the terms and conditions of this Agreement, the Principal hereby irrevocably appoints and authorizes the Proxy to exercise the voting right and management right, etc. of shareholder in the Operating Company for and on behalf of the Principal. The power and right of the Proxy under the said authorization include but not limited to:

 

(1) To attend the shareholder’s meetings of the Operating Company for and on behalf of the Principal;

 

2

 

(2) To exercise the voting right as the shareholder of the Operating Company for and on behalf of the Principal;

 

(3) To exercise the management right of the Operating Company for and on behalf of the Principal;

 

(4) To propose the convening of a special shareholder’s meeting;

 

(5) To sign the documents submitted to the government department for registration or approval, if necessary, for and on behalf of the Principal;

 

(6) To exercise all other rights of the shareholder under the laws and the articles of association of the Operating Company for and on behalf of the Principal.

 

1.2 In order that the Proxy can effectively exercise and carry out the power and right granted to the Proxy under Article 1.1, the Principal hereby undertakes and agrees that, if any law, regulation or government authority requires the Principal to issue a special Letter of Proxy or similar document or go through the relevant formalities (such as notarization of the Letter of Proxy) in respect of certain specific matter authorized hereunder, the Principal shall immediately issue the Letter of Proxy according to such requirement.

 

1.3 The Principal hereby undertakes and confirms that, upon written request of the Proxy, the Principal shall appoint the nominees of the Proxy to act as the legal representative or director or any other officer of the Operating Company.

 

1.4 The Principal hereby agrees and confirms that the Proxy may sub-delegate its officers to exercise the power and right granted under Article 1.1 above by giving a written notice to the Principal; and that upon receipt of the aforesaid written notice and when necessary, the Principal shall issue a Letter of Proxy to such officers designated by the Proxy and grant the same power and right to such officers according to the requirement indicated in the written notice issued by the Proxy. However, the Proxy may revoke the authorization of power and right to such officers by giving a written notice to the Principal. Upon receipt of such a written notice from the Proxy, the Principal shall immediately revoke the authorization to such officers according to the requirement indicated by the Proxy in the written notice.

 

1.5 The Proxy shall perform its fiduciary duties in accordance with the laws with due care and diligence within the scope of authorization specified herein. The Principal hereby accepts and is liable for any legal consequences arising from the Proxy’s exercise of the aforementioned rights.

 

1.6 The Principal hereby confirms that the Proxy is not required to consult with the Principal in advance when exercising the aforementioned

 

3

 

rights. However, upon making a resolution or a proposal for the convening of special shareholder’s meeting, the Proxy shall promptly notify the Principal.

 

2. RIGHT OF INFORMATION

 

For the purpose of exercising the rights hereunder, the Proxy shall be informed of the operations, business, customers, finances, employees and other relevant information of the Operating Company, and may access to the relevant information of the Operating Company. The Operating Company shall fully cooperate with it.

 

3. EXERCISE OF RIGHTS

 

3.1 The Principal will provide full assistance for the Proxy in exercising its rights hereunder, including timely signing the resolutions of shareholder’s meeting made by the Proxy regarding the Operating Company or any other relevant legal documents, if necessary (for example, to meet the requirements of government authorities for approval, registration and filing of the required documents).

 

3.2 If, at any time during the term of this Agreement, the granting or exercise of any right hereunder is unenforceable for any reason (other than default of the Principal or the Operating Company), the Parties shall immediately seek an alternative that is closest to the unenforceable provision, and, if necessary, sign a supplementary agreement to amend or modify the terms of this Agreement to ensure that the purpose of this Agreement can be fulfilled.

 

4. RELEASE AND INDEMNITY

 

4.1 The Parties acknowledge that the Proxy shall not be required to be liable to any other person or any third party or pay any financial or other indemnity in relation to its exercise of the rights hereunder or appointing others to exercise its rights hereunder.

 

4.2 The Principal and the Operating Company hereby agree to indemnify the Proxy against and hold it harmless from all losses suffered or would be suffered by the Proxy arising from its exercise of the rights hereunder, including but not limited to any action, suit, arbitration or claim of any third party, or any administrative investigation or penalty from any government authority, other than the losses resulting from willful misconduct or gross negligence of the Proxy.

 

5. REPRESENTATIONS AND WARRANTIES

 

The Principal hereby represents and warrants to the Proxy that:

 

(a)                                 The Principal has all powers and capacities to execute this Agreement and perform its obligations and duties hereunder;

 

4

 

(b)                                 All obligations and duties of the Principal hereunder are lawful, valid, binding and enforceable according to the terms and conditions of this Agreement;

 

(c)                                  Take and carry out all actions, conditions and matters (including all necessary consents, approvals and authorizations, if so required by the laws) necessary to:

 

(i) Cause the Principal to duly execute this Agreement, exercise its rights hereunder and perform and comply with its obligations and duties hereunder;

 

(ii) Ensure the obligations and duties of the Principal hereunder are lawful, valid and binding; and

 

(iii) Cause this Agreement to become the evidence admissible under the applicable laws.

 

(d)                                 Execution of this Agreement, exercise of its rights hereunder, performance and compliance with its obligations and duties hereunder by the Principal will not violate or conflict with, or exceed any power or limitation granted or imposed by:

 

(i) Any law, regulation, rule or decree, or any judgment, order or award, or any consent, approval or authorization with must be complied with by the Principal; or

 

(ii) Any provision of the articles of association or any other applicable document or constitutional document of the Principal; or

 

(iii) The provisions of any agreement or document to which the Principal is a party or by which the Principal or any of its assets is bound.

 

(e)                                 All approvals and authorizations to be obtained by the Principal from any government or any other authority (is so required by the laws) or from the Proxy necessary for execution, performance and perfection of this Agreement have been duly obtained and they are still in full effect and force.

 

6. WAIVER AND SEVERABILITY

 

Failure or delay to exercise any right, power or remedy hereunder by the Proxy will not affect such right, power or remedy, or constitute a waiver of such right, power or remedy; and any single or partial exercise of such right, power or remedy will not preclude the further exercise of such right, power or remedy, or exercise of any other right, power or remedy. If any provision of this Agreement at any time becomes unlawful, invalid or unenforceable at any aspect under any law of any jurisdiction, the lawfulness, validity and enforceability of such provision under the laws of any other jurisdiction and the lawfulness, validity and enforceability of any other provision of this Agreement will not be affected or prejudiced.

 

5

 

7. TERM

 

The term of the power and right granted to the Proxy hereunder shall be same as the term of the Exclusive Support Service Contract.

 

8. NOTICE

 

All notices in relation to this Agreement shall be sent to the following address by personal delivery, registered mail or fax, unless a written notice has been given to change the following address. If sent by registered mail, it shall be deemed as duly served on the date indicated in the return receipt of the registered mail; if by personal delivery, on the date of delivery; if by fax, on the date indicated in the transmission confirmation of the fax, provided that the original copy of the notice is sent to the following address by personal delivery or registered mail immediately after the fax is transmitted.

 

To the Principal:

 

Address: No.10 Building, No.114, Lane 572, Bibo Road, Pudong New Area, Shanghai

 

Zip Code: 201203

 

Attention: Hua CHEN

 

Tel.: 021-58381172

 

Fax: 021-58381091

 

To the Proxy:

 

Address: No.10 Building, No.114, Lane 572, Bibo Road, Pudong New Area, Shanghai

 

Zip Code: 201203

 

Attention: Hua CHEN

 

Tel.: 021-58381172

 

Fax: 021-58381091

 

9. LIABILITIES FOR BREACH OF CONTRACT

 

The Parties agree and confirm that if any Party (“Breaching Party”) materially violates any covenant made herein or materially fails to perform any obligation hereunder, it shall constitute a breach hereunder, and any of other Parties (“Non-Breaching Party”) may request the Breaching Party to make correction or remedy within a reasonable period. If the Breaching Party fails to make correction or remedy within the reasonable period or 15 days upon receipt of the written notice from the Non-Breaching Party requesting the remedy, the Non-Breaching Party may at its sole discretion (1) terminate this

 

6

 

Agreement and demand the Breaching Party to fully indemnify the Non-Breaching Party against all damages; or (2) enforce the obligations of the Breaching Party hereunder and demand the Breaching Party to fully indemnify the Non-Breaching Party against all damages.

 

10. GOVERNING LAW AND DISPUTE SETTLEMENT

 

10.1 The validity, construction, performance as well as dispute settlement of or in connection with this Agreement shall be governed by the applicable laws of the People’s Republic of China.

 

10.2 Any dispute arising from the performance of this Agreement or in connection with this Agreement shall be settled by the Parties through friendly negotiation. If no settlement can be reached through negotiation within 30 days, any Party may submit the dispute to Shanghai International Economic and Trade Arbitration Commission for arbitration in accordance with its then effective arbitration rules. For the avoidance of doubt, the Proxy may appoint an arbitrator, the Principal and the Operating Company may jointly appoint an arbitrator, and the Chairman of the Arbitration Commission may appoint the third arbitrator. The arbitration tribunal shall be composed of these three arbitrators. All arbitration proceeding shall be conducted in Chinese language. The arbitral award shall be final and binding upon the Parties.

 

10.3 During the settlement of a dispute, each Party shall continue to perform the provisions hereof, except for those involved in the dispute.

 

ARTICLE 11 MISCELLANEOUS

 

11.1 The rights and obligations of the Parties under this Agreement shall inure to the benefits of the respective successors of the Parties, as if they are a party to this Agreement.

 

11.2 No amendment or supplement to this Agreement shall be effective without the prior written request or consent of the Proxy (upon the prior written request from the Proxy, other Parties shall agree and cooperate with the amendment or supplement). Any amendment or supplement with the prior written request or consent of the Proxy shall be signed by the Parties in writing.

 

11.3 This Agreement shall become effective when it is duly signed or sealed by the Parties. This Agreement shall be made and executed in four originals and written in Chinese, one for each Party and each being of equal legal effect. The Parties may make and execute several counterparts of this Agreement as needed.

 

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

 

7

 

IN WITNESS WHEREOF, the Parties have executed or have caused their respective duly authorized representatives to execute this Proxy Agreement on the date indicated first above.

 

	
YAO FANG INFORMATION TECHNOLOGY (SHANGHAI)   CO., LTD.
    
	
 
    	
 
    	
 
    
	
Signature:
    	
/s/ Hua CHEN
    	
 
    
	
Name: Hua CHEN
    	
 
    
	
Title: Legal Representative
    	
 
    
	
Common   Seal: /s/ Company seal
    
	
 
    	
 
    
	
GUANGDONG YIHAO PHARMACY   CO., LTD.
    	
 
    
	
 
    	
 
    
	
Signature:
    	
/s/ Hua CHEN
    	
 
    
	
Name: Hua CHEN
    	
 
    
	
Title: Legal   Representative
    	
 
    
	
Common Seal: /s/ Seal   of Guangdong Yihao Pharmacy Co., Ltd.
    	
 
    
	
 
    	
 
    
	
GUANGDONG YIHAO PHARMACEUTICAL CHAIN CO., LTD.
    
	
 
    	
 
    
	
Signature:
    	
/s/ Hua CHEN
    	
 
    
	
Name: Hua CHEN
    	
 
    
	
Title: Legal   Representative
    	
 
    
	
Common   Seal: /s/ Seal of Guangdong Yihao Pharmaceutical Chain Co., Ltd.
    

 

8Exhibit 10.14

 

Equity Pledge Agreement

 

Regarding

 

GUANGDONG YIHAO PHARMACEUTICAL CHAIN CO., LTD.

 

by and between

 

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

 

and

 

GUANGDONG YIHAO PHARMACY CO., LTD.

 

Date: September 5, 2013

 

 

This Equity Pledge Agreement (this “Agreement”) is made in Shanghai, the People’s Republic of China (“PRC”) as of September 5, 2013 by and between:

 

YAO FANG INFORMATION TECHNOLOGY (SHANGHAI) CO., LTD., a wholly foreign-owned enterprise organized and existing under the laws of the PRC with its legal address at Room 805, Suite B, No.1 Building, No.977, Shangfeng Road, Tang Town, Pudong New Area, Shanghai, China (“Party A”); and

 

GUANGDONG YIHAO PHARMACY CO., LTD., a limited liability company organized and existing under the laws of the PRC with its legal address at A District, 2/F, No.1 Gonghexi Road, Yuexiu District, Guangzhou, China (“Party B”).

 

(Party A and Party B herein collectively referred to as the “Parties”, and individually referred to as the “Party” or “each Party”).

 

WHEREAS:

 

(1)             Party A is a wholly foreign-owned enterprise duly organized and validly existing under the laws of the PRC with independent legal personality;

 

(2)             Party B is a limited liability company organized and existing under the laws of the PRC, Party B holds 100% of the shares of GUANGDONG YIYAO PHARMACEUTICAL CHAIN CO., LTD. (“Operating Company”);

 

(3)             Prior to the signature date of this Agreement, Party A and the Operating Company have entered into the Exclusive Support Services Agreement, pursuant to which Party A will provide the Operating Company with exclusive support services, and the Operating Company will pay service fees to Party A and perform other obligations;

 

(4)             Prior to the signature date of this Agreement, Party A and Party B have entered into the Exclusive Option Agreement, pursuant to which Party B grants Party A or any third party deems appropriate by Party A an irrevocable and exclusive right to purchase all or part of the shares held by Party B in the Operating Company;

 

(5)             Prior to the signature date of this Agreement, Party A and Party B have entered into the Proxy Agreement , pursuant to which Party B entrusts and authorizes Party A to exercise, on its behalf, its voting right of shareholders, managerial power and other rights held by it in the Operating Company; and

 

(6)             Party B agrees to pledge all of the shares held by it in the Operating Company to Party A as security for the performance of the obligations of the Operating Company under the Exclusive Support Services Agreement, and the obligations of Party B under the Exclusive Option Agreement and the Proxy Agreement  (collectively referred to as “Contractual Obligations”), and discharge of the debts, liabilities and monetary obligations and other sums of whatever kind payable or owed by the Operating Company and by Party B to Party A from time to time (collectively referred to as “Secured Debts”).

 

THEREFORE, in consideration of the aforesaid premises and the commitments and agreements contained herein, it is agreed as follows:

 

I                       Pledge of shares

 

1.                  Party B agrees to pledge all of the shares held by it in the Operating Company, including any shares acquired by Party B in the Operating Company at present or any time in the future, and all the derivative interests owned by Party B at present or in the future in connection with the shares held by it in the Operating Company (collectively referred to as “Pledged 

 

 

Shares”), to Party A as security for the performance of the Contractual Obligations and discharge of the Secured Debts by the Operating Company and by Party B. For the avoidance of doubt, the Parties acknowledge that the amount of the Secured Debts is RMB 256,261 million as of the signature date of this Agreement, in the meanwhile, the Secured Debts shall also include other Secured Debts, if any, owed by the Operating Company and by Party B to Party A from time to time after the signature date of this Agreement.

 

2.                  Without the prior written consent of Party A, Party B shall not transfer the Pledged Shares to any other party, nor distribute any dividend or bonus in respect of the Pledged Shares. All such dividends and bonuses received by Party B with the prior written consent of Party A shall be deposited in the account designated by Party A, subject to the supervision of Party A and included in the collateral hereunder.

 

3.                  On the signature date of this Agreement, Party B shall cause the Operating Company to enter conditions of the share pledge herein in the register of shareholders of the Operating Company. This Agreement shall take effect on the date that the share pledge is entered in the register of shareholders of the Operating Company. Party B shall cause the Operating Company to place its register of shareholders as updated in the custody of Party A.

 

4.                  Within five business days upon the execution date of this Agreement, the Parties shall jointly apply for the registration of the share pledge herein with the administration for industry and commerce in the place of incorporation of the Operating Company. Such pledge shall be effectively created on the date of completion of the registration procedures with the administration for industry and commerce. Party B shall cause the Operating Company to provide necessary assistance therein. Party B shall place the registration certificates of share pledge, such as notice of registration of share pledge, in the custody of Party A.

 

II                  Representations and warranties of Party B

 

1.                  Except for the pledge hereunder, Party B has not created and will not create any other pledge or right limitation over the Pledged Shares.

 

2.                  Without the prior written consent of Party A, Party B shall not transfer the Pledged Shares.

 

3.                  In case of any event that would affect the pledge held by Party A hereunder or the obligations of Party B and the Operating Company under this Agreement, the Exclusive Support Services Agreement, the Exclusive Option Agreement or the Proxy Agreement , as the case may be, Party B shall immediately notify Party A. Party B shall not engage in or permit any act that may have an adverse effect on the obligations of Party B and the Operating Company under this Agreement, the Exclusive Support Services Agreement, the Exclusive Option Agreement or the Proxy Agreement .

 

4.                  Without the prior written consent of Party A, Party B shall not engage in any act that may affect the status of its assets, including without limitation any borrowing, guarantee or acquisition or disposal of any material assets.

 

5.                  Party B warrants that the pledge held by Party A hereunder will be free from any interference or damage by Party B, its successors, representatives or any other third party.

 

6.                  For the effectuate of the purpose of this Agreement, Party B shall take the actions reasonably considered necessary by Party A with might and main, including registration of the share pledge herein, and execute the documents that Party A is deemed as necessary.

 

7.                  Party B hereby expressly waive any right may available to it under the laws of the PRC that may affect the pledge held by Party A hereunder, including without limitation any related preemptive right, right of subrogation and right of prior consent.

 

 

8.                  Party B legally owns the Pledged Shares and has the right to pledge, transfer or otherwise dispose of the Pledged Shares or any portion thereof. The Pledged Shares are free from any dispute over ownership as of the signature date of this Agreement.

 

9.                  Party B undertakes to comply with and perform all the guarantees, commitments, agreements, representations and terms contained herein. In the event of any default or failure to perform any part of this Agreement on the part of Party B, Party A shall have the right to file an indemnity to Party B for its losses arising therefrom.

 

III             Enforcement of pledge

 

1.                  The Parties agree that during the term of pledge, where Party B or the Operating Company breaches any obligation under this Agreement, the Exclusive Support Services Agreement, the Exclusive Option Agreement or the Proxy Agreement, as a result of which Party A suffers any loss or damage or incurs any expenses, Party A shall have the right to discount, auction or sell off the Pledged Shares, whether or not at reduced prices, pursuant to the provisions hereof and use the proceeds therefrom to make up for its losses in priority.

 

2.                  Where Party A enforces its pledge pursuant to the provisions of Paragraph 1 above, Party B shall not interpose any obstacle, and shall provide active cooperation for Party A, to ensure successful enforcement of the pledge by Party A.

 

3.                  Party A shall send a written notice to Party B five business days prior to the enforcement of the pledge hereunder.

 

4.                  Any reasonable expenses actually incurred by Party A in the exercise of all or any of its rights and powers as described above shall be borne by Party B, Party A is entitled to deduct such expenses according to the actual amount from the payment obtained from aforesaid exercise.

 

5.                  Party A shall have the right to, at its option, exercise any remedies against default available to it concurrently or successively. Party A shall not be required to exercise other remedy against default prior to exercise the right to discount, auction or sell off the Pledged Shares, whether or not at reduced prices, pursuant to the provisions hereof.

 

IV              Assignment of rights and obligations

 

1.                  Without the prior consent of Party A, Party B has no right to assign its rights and obligations hereunder.

 

2.                  Party A shall have the right to assign all or part of its rights and obligations hereunder to any third party at any time, in which case such third party shall be deemed as a party hereto, enjoy the rights and perform the obligations of Party A hereunder. Party B shall execute such agreements and/ documents relating to such assignment as Party A may request.

 

V                   Effectiveness and term of agreement

 

1.                  This Agreement shall take effect when it is signed or sealed by the Parties and the share pledge herein is entered in the register of shareholders of the Operating Company.

 

2.                  The share pledge contemplated herein shall be a continuing security which shall remain in full force and effect until full performance of the obligations of Party B and the Operating Company and all of the Contractual Obligations and full repayment or discharge of all of the Secured Debts.

 

 

VI              Notices

 

Any notice relating to this Agreement shall be delivered to the addresses set forth below (unless changed by written notice) by hand, registered mail or facsimile and shall be deemed to have been effectively delivered on the date indicated on the return receipt if delivered by registered mail, or on the date in which it is delivered by hand, or on the date indicated on the confirmation of successful transmission if delivered by facsimile, provided that if delivered by facsimile, the original of the notice shall be immediately sent to the following addresses by hand or registered mail:

 

If to Party A:

 

Address: Building 10#, No. 115 Lane 572 Bibo Road, Pudong New Area, 201203, Shanghai

Attention: Hua CHEN

Telephone: 021-58381172

Facsimile: 021-58381091

 

If to Party B:

 

Address: Building 10#, No. 115 Lane 572 Bibo Road, Pudong New Area, 201203, Shanghai

Attention: Hua CHEN

Telephone: 021-58381172

Facsimile: 021-58381091

 

VII         Governing law and dispute resolution

 

1.                  The validity, interpretation, performance and dispute resolution in respect of this Agreement shall be governed by the laws of the PRC.

 

2.                  All the disputes arising from or in connection with this Agreement shall be settled by the Parties through consultation. In case any dispute fails to be settled through consultation within 30 days, either Party may submit the dispute to the Shanghai International Economic and Trade Arbitration Commission (“Commission”) to be settled through arbitration in accordance with the then effective arbitration rules of the Commission. For the avoidance of any doubt, each Party shall have the right to appoint one arbitrator and the Parties irrevocably appoint and authorize the Chairman of the Commission to select the third arbitrator. Such three arbitrators shall form the arbitration tribunal. The language of arbitration proceedings shall be Chinese. The arbitration award shall be final and binding on both Parties.

 

VIII    Miscellaneous

 

1.                  Party A shall be solely responsible for the expenses incurred in the execution and performance of this Agreement, including without limitation relevant legal costs and other expenses relating to the share pledge herein, if any. Where Party A is required to pay any expenses pursuant to the applicable laws of the PRC, Party A shall have the right to request Party B to reimburse such expenses after payment thereof.

 

2.                  The successor of each Party shall enjoy the rights and assume the separate obligations of such Party hereunder, as if it were a Party hereto.

 

3.                  Unless requested or agreed by Party A in writing in advance, no amendment or supplement may be made to this Agreement. If so requested by Party A, Party B shall give consent and cooperation to such amendment or supplement. With respect to any amendment or supplement to this Agreement made with the prior written consent of Party A, the Parties shall enter into a separate written agreement.

 

4.                  This Agreement shall be read and construed together with the Exclusive Support Service Contract, the Exclusive Option Agreement and the Share Delegation Agreement. In case of any conflict, interpretations shall be made by reference to the relevant 

 

 

provisions and purposes of the Exclusive Support Services Agreement, the Exclusive Option Agreement and the Proxy Agreement.

 

5.                  This Agreement shall made in Chinese in quadruplicate counterparts with equal legal effect, with each party holding one counterpart respectively, and one counterpart to be used in the registration of the share pledge herein. The Parties may execute additional counterparts of this Agreement where necessary.

 

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

 

 

IN WITNESS WHEREOF, the Parties have executed or caused their respective authorized representatives to execute this Equity Pledge Agreement on the date first written above.

 

	
YAO FANG INFORMATION TECHNOLOGY (SHANGHAI)   CO., LTD.
    	
 
    
	
 
    	
 
    
	
By:
    	
/s/ Hua CHEN
    	
 
    
	
Name: Hua CHEN
    	
 
    
	
Title: Legal Representative
    	
 
    
	
Seal: /s/ Company seal
    	
 
    
	
 
    	
 
    
	
GUANGDONG   YIHAO PHARMACY CO., LTD.
    	
 
    
	
 
    	
 
    
	
By:
    	
/s/ Hua CHEN
    	
 
    
	
Name: Hua CHEN
    	
 
    
	
Title: Legal Representative
    	
 
    
	
Seal: /s/ Seal of Guangdong Yihao Pharmacy   Co., Ltd.
    	
 
    

 

 

Register of Shareholders of GUANGDONG YIHAO PHARMACEUTICAL CHAIN CO., LTD.

 

	
Shareholder
    	
 
    	
Amount of capital
   contribution
    	
 
    	
Form of capital
   contribution
    	
 
    	
Percentage of
   shareholding
    	
 
    	
Remark
    
	
GUANGDONG YIHAO PHARMACY CO., LTD.
    	
 
    	
RMB8.0 million
    	
 
    	
Cash
    	
 
    	
100%
    	
 
    	
Pursuant to the Equity Pledge Agreement entered into   between YAO FANG INFORMATION TECHNOLOGY (SHANGHAI) CO., LTD. on the one part,   and GUANGDONG YIHAO PHARMACY CO., LTD. on the other part, GUANGDONG   YIHAO PHARMACY CO., LTD. has pledge all the shares held by it to YAO   FANG INFORMATION TECHNOLOGY (SHANGHAI) CO., LTD.
    

 

GUANGDONG YIHAO PHARMACEUTICAL CHAIN CO., LTD. (Seal)

September 5, 2013

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

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00286-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00286-of-00352.parquet"}]]