开曼群岛公司法章程(17)

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Redemption Date), without interest, upon the surrender of the certificate or certificates representing the same, shall cease and terminate and such series of the Series A Preferred Shares shall cease to be issued shares of the Company, retired and shall not be reissued.

(c) 从赎回日开始或赎回日后，所有被指定在赎回日赎回的A系列优先股

上的股息应停止产生，并且除接受赎回价格的权利外的所有持有者权利，在交出证明或同等证明时，无利息的停止或终止，并且该等A系列优先股的系列不再是公司的已发行股份，其从此不再重新发行。

(d)

(d) 在A系列优先股或普通股赎回或购回时，按情况而定：

(i) the nominal or par value of such Series A Preferred Shares or

Common Shares shall be redeemed or paid out of profits of the Company or the proceeds of a fresh issue of Shares or at the discretion of the Board in such other manner (including out of the Company’s capital and otherwise than out of its profits or the proceeds of a fresh issue of Shares) subject to the applicable legal restrictions; and

(i)

该等A系列优先股或普通股的票面价值应被赎回或从公司利润中、新发行股份的受益中或依据可行的规章限制，通过董事会裁量决定的其他方式支付（包括从公司资本和其利润和新发行股份的收益中）；并且 (ii)

the premium (if any) on such Series A Preferred Shares or Common Shares shall be paid from the share premium account or out of profits of the Company or the proceeds of a fresh issue of Shares or at the discretion of the Board in such other manner (including out of the Company’s capital and otherwise than out of its profits or the proceeds of a fresh issue of Shares) subject to the applicable legal restrictions.

On a redemption or repurchase of the Series A Preferred Shares or Common Shares as the case may be:

(ii) 该等A系列优先股或普通股的溢价（如有）应从股份溢价账户中、

公司利润中、新发行股份的收益中或依据可行的规章限制，通过董事会裁量决定的其他方式支付（包括从公司资本和其利润和新

发行股份的收益中）。

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PROTECTIVE PROVISIONS 保护条款

19.(A) Notwithstanding any other contrary provision in these Articles, so

long as any Series A Preferred Shares are outstanding, any action (whether by amendment of the Memorandum of Association or these Articles or otherwise, and whether in a single transaction or a series of related transactions) that effects or approves any of the following transactions involving the Company or any of its Subsidiaries shall require the written approval of not less than seventy-five percent (75%) of all issued and outstanding Common Shares and Series A Preferred Shares (on an as-if converted basis), voting together as a single class:

19. (A) 尽管本章程任何其他相反条款，只要任何A系列有限股份是正在流通

的，任何实现或批准下列涉及公司或其附属子公司交易的行为（无论是否通过修订公司大纲和章程，并且无论是否在一个单一的交易中还是在一系列相关的交易中）需要不少于所有已发行普通股和A系列优先股（在股份已经转换的情况下）75％的票数决议通过，作为同一类别投票：

(a)

(a) 修正或废止任何公司大纲及章程或类似章程文件的条款；

(b)

Authorize or issue shares of any class of stock or securities exchangeable for or convertible into shares of the Company or any Subsidiary, except for the issuance of the Conversion Shares;

Amend or repeal any provisions of the Memorandum and Articles of Association or a similar charter document:

(b) 授权或发行可臵换或可转换为公司或其子公司股份的任何类别

的股票或证券，除转换股份的发行和本章程第16（a）（iii）项

下的发行以外；

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(c)

Authorize, amend or establish, or allocate additional shares in connection with, the Employee Incentive Plan or any other employee compensation or incentive plan or arrangement;

(c) 授权、修订或建立、分配与员工激励计划（定义见股份买卖协议）

或任何其他员工补偿或激励计划或安排有关的额外股份； (d)

(d) 宣告或支付任何股息；

(e)

Authorize a merger or sale, license or spin-off all or substantially all of the assets or of any assets the disposal of which would have a material effect on the business; Declare or pay any dividends;

(e) 授权兼并、出售、许可或拆出全部或大部分资产或对其的处臵可

能对业务有重大不利影响的资产；

(f)

(f) 采取行动授权公司的清算或破产；

(g)

Establish or invest in, or divest or sell any interest in, any Subsidiary; or

Take any action to authorize liquidation or winding up;

(g) 建立或投资于、撤资、或出售公司在附属子公司中的全部或实质

性部分的利益； (h)

Redeem, repurchase or otherwise acquire, directly or indirectly, through Subsidiaries or otherwise, its securities, other than repurchases from employees upon termination of employment

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