I agree and undertake that I will not at any time do anything in conflict with the arrangements under the Controlling Agreements or this Letter of Consent. If I acquire any equity of Shanghai Zendai Himalaya and any rights and interests attached thereto for any reason, I shall be bound by the Controlling Agreements (as amended from time to time), and comply with the obligations under the Controlling Agreements (as amended from time to time) as a shareholder of Shanghai Zendai Himalaya, and for this purpose, once requested by the Foreign-funded Enterprise, I shall execute the written documents in substantially the same form and content as the Controlling Agreements (as amended from time to time).
I further acknowledge, undertake and warrant that in any event, including but not limited to my divorce with my spouse, my spouse shall the right to independently dispose of the equity in Shanghai Zendai Himalaya he holds directly or indirectly and the corresponding assets, and I shall not take any action which may affect or prevent the performance of the obligations of my spouse under the Controlling Agreements, including but not limited to making any claim for the equity of Shanghai Zendai Himalaya and any rights acquired under contractual control arrangements.
Any dispute arising out of or in connection with this Letter shall be submitted to Shanghai International Economic and Trade Arbitration Commission for arbitration, and the place of hearing shall be Shanghai. The arbitration tribunal shall consist of three arbitrators appointed in accordance with the Arbitration Rules. The claimant shall appoint one arbitrator, the respondent shall appoint one arbitrator, and the third arbitrator shall be appointed by the first two arbitrators through consultation or by Shanghai International Economic and Trade Arbitration Commission. The arbitration shall be conducted in a confidential manner and the language of arbitration shall be Chinese. The arbitration award shall be final and binding on the Parties. Where appropriate, the arbitration tribunal or arbitrators may determine remedies in respect of the equity of Shanghai Zendai Himalaya in accordance with the applicable Chinese laws, including restrictions on the conduct of business, restrictions or prohibitions on the transfer or sale of equity or assets or the filing of winding-up of the relevant parties. In addition, during the formation of the arbitration tribunal, I and any stakeholder shall have the right to apply to any court of jurisdiction (including the courts of China, Hong Kong and the Cayman Islands) for the grant of interim relief. This Letter of Consent shall remain in force and effect during the arbitration, except for the dispute between myself and any stakeholder subject to the arbitration.
(No text below)