ShareholdersAgreement股东条约.doc

('ShareholdersAgreement股东协议-1.DEFINITIONS.1.1[]shallmeanaPerson,ofwhichsecuritiesrepresentingatleast[]oftheordinaryvotingpowerisor,inthecaseofapartnership,atleast[]ofthegeneralpartnershipinterestsare,directlyorindirectlyowned,controlledorheldbythePartyonsuchdate.1.2[]shallmeanaPersonthatdirectlyorindirectlyowns,controls,orholdssecuritiesrepresentingatleast[]oftheordinaryvotingpoweror,inthecaseofapartnership,atleast[]ofthegeneralpartnershipinterestsofthePartyonsuchdate.1.3AFFILIATEofaPersonmeansanyPersonthatiscontrolledby,controls,orisundercommoncontrolwiththefirstPerson,ineachcaseforsolongassuchcontrolcontinues;PROVIDED,HOWEVER,thatAffiliatesofanyPersonshallincludePersonsinwhichthefirstPersonowns,directlyorindirectly,sharesrepresentingatleast[]ofthevotingpowerrepresentedbysuchAffiliates’outstandingshares,regardlessofwhethersuchcontrolactuallyexists.Forpurposesofthisdefinition,CONTROLshallmeanthepossession,directlyorindirectly,ofpowertodirectorcausethedirectionofmanagementorpoliciesofaPerson(whetherthroughownershipofsecuritiesorotherownershipinterests,bycontractorotherwise).1.4ANNUALBUSINESSPLANmeanstheCompany’sannualbusinessplan,asapprovedbytheBoardeachyearfortheCompany’snextsucceedingyearincluding,amongotherthings,(i)abudgetfortheupcomingfiscalyearforanticipatedrevenuesandexpensesoftheCompany,(ii)anexpenditurebudget,(iii)acash-flowforecastand(iv)the[].1.5BBBisdefinedinthepreamblesofthisAgreement.1.6BBBCOMPANYINTERESTmeanstheCompanyInterestofBBB.1.7BBBINVESTORmeansBBBandeachPersonthatisanAffiliateofBBBtowhomSecuritiesownedbyBBBatthecloseofbusinessontheEffectiveDateandsubsequentlyacquiredbyBBBpursuanttoSection11or18ofthisAgreementhavebeenTransferredpursuanttothisAgreement.1.8BBBNON-DISCLOSUREAGREEMENTmeanstheNon-DisclosureAgreementbyandbetweenBBB,CCCParentandCCCdated_________(M,D,Y).1.9ARTICLESmeansthearticlesofincorporationoftheCompanyintheformofattachedEXHIBIT2.1totheStockPurchaseAgreement,asthesamemaybeamendedfromtimetotimeinaccordancewiththisAgreementandtheCommercialCode.1.10BOARDmeanstheboardofdirectorsoftheCompany.1.11BUSINESSgenerallymeans[]and(iii)anybusinessancillarythereto.1.12BUSINESSDAYmeansadayonwhichcommercialbanksintheUnitedStatesandJapanaregenerallyopentoconducttheirregularbankingbusiness.1.13COMPANYisdefinedinthepreamblesofthisAgreement.1.14CHIEFEXECUTIVEOFFICERmeanstheChiefExecutiveOfficeroftheCompany.1.15CO-SALESHAREHOLDERisdefinedinSection16(a).1.16COMMERCIALCODEmeanstheCommercialCodeofJapan,asamendedandineffectfromtimetotime.1.17COMMITTEEisdefinedinSection18(b).1.18COMMONSTOCKmeanscommonstockoftheCompanyasauthorizedbytheArticles.1.19COMPANYINTERESTshallmean,foraParty,thepercentageinterestrepresentedbythenumberofSecuritiesthenheldbysuchParty(assumingthatsuchPartyhasnotTransferredanySecurities)dividedbythenumberofthenoutstandingFullyDilutedSecurities.1.20[]isdefinedinSection21(a).1.21DIRECTORmeansamemberoftheBoard.1.22EFFECTIVEDATEmeanstheClosingDate(asdefinedintheStockPurchaseAgreement).1.23FULLYDILUTEDSECURITIESmeansthenumberofSecuritiesoutstandingonafullydilutedbasisafter(i)givingeffecttotheexchange,exerciseandconversionofalloutstandingexchangeable,exercisableandconvertibleSecuritiesand(ii)includingallsharesofCommonStockreservedandavailableforthegrantofoptionsandorstockpurchaserightstoemployees,officers,directorsandconsultantsoftheCompanythatarenotsubjecttooutstandingoptions.1.24INVESTORmeanseach[]andeach[].1.25IPOisdefinedinSection18(a).1.26KEYOFFICERSmeansthoseCompanyofficerswhoareinmanagementpositionsreportingdirectlytotheChiefExecutiveOfficer.1.27LICENSEAGREEMENTmeanstheLicenseAgreemententeredintobetweenBBBandtheCompanyintheform[],asamendedfromtimetotime.1.28[]isdefinedinSection15(a).1.29LITIGATIONCOMMITTEEisdefinedinSection20.1.30MEETINGNOTICEisdefinedinSection4(c).1.31MODIFICATIONEVENTmeanstheoccurrenceoftheeventsspecifiedinSection21(c).1.32NOTICEisdefinedinSection18(b).1.33[]isdefinedinSection16(a).1.34OFFEREDSECURITIESisdefinedinSection18(b).1.35PARTYandPARTIESaredefinedinthepreambleofthisAgreement.1.36PERCENTAGEINTERESTisdefinedinSection15(b).1.37PERFORMANCECRITERIAisdefinedinSection21(d).1.38PERSONmeansanaturalindividual,partnership,firm,corporation,orotherentityorformofbusinessassociation.1.39RELATEDPARTYTRANSACTIONisdefinedinExhibit4(d).1.40REPRESENTATIVEDIRECTORmeansarepresentativedirectoroftheCompanywiththepowersanddutiesspecifiedforarepresentativedirectorofacorporationintheCommercialCodeortheArticles.1.41[]isdefinedinSection7.1oftheStockPurchaseAgreement.1.42SCHEDULEisdefinedinSection15(a).1.43SECURITIESmeansalloutstandingsharesofCommonStockandanyotherequitysecuritiesoftheCompanyorinstrumentsexercisableorexchangeablefororconvertibleintoCommonStockorotherequitysecuritiesoftheCompany.1.44CCCisdefinedinthepreamblesofthisAgreement.1.45CCCCOMPANYINTERESTmeansthesumoftheCompanyInterestsofCCCandCCCParent.1.46CCCINVESTORmeansCCC,CCCParentandeachPersonthatisanAffiliateofCCCParenttowhomSecuritiesacquiredbyCCCandCCCParentontheEffectiveDatepursuanttotheStockPurchaseAgreementandsubsequentlyacquiredbyCCCandCCCParentpursuanttoSection11or18ofthisAgreementhavebeenTransferredpursuanttothisAgreement.1.47CCCPARENTisdefinedinthepreamblesofthisAgreement.1.48SPECIALEXCEPTIONSLAWmeansthelawpertainingtospecialexceptionstotheCommercialCodeconcerningauditorsofcompanies(KabushikiKaisha).1.49STATUTORYAUDITORmeansastatutoryauditor(Kansa-yaku)oftheCompanywithpowersanddutiesasspecifiedintheCommercialCode.1.50STOCKPURCHASEAGREEMENTmeanstheStockPurchaseAgreementdatedasof_________,_________,_________(M/D/Y)amongtheCompany,BBB,CCCParentandCCC.1.51SUBJECTAFFILIATEisdefinedinSection15(a).1.52TERMisdefinedinSection24.1.1.53TRANSACTIONAGREEMENTSisdefinedintheStockPurchaseAgreement.1.54TRANSFERisdefinedinSection13(a).2.THECOMPANY.ThePartiesherebyacknowledgethatthepurposeoftheCompanyshallbetoestablishanddeveloptheBusiness.3.OPERATIONOFTHECOMPANY.EachPartyagreestotakeallactionsnecessarytoensurethattheCompanyshallbeoperatedinaccordancewiththetermsofthisAgreementandtheotherTransactionAgreements,including,withoutlimitation,tovoteallSecuritiesheldbyit(andtocauseallSecuritiesheldbyanyofitsAffiliatesandpermittedtransfereesunderSection13tobevoted)toeffectthetermshereof.4.BOARD.(a)BOARDOFDIRECTORS.TheCompanywillbemanagedbytheBoardinaccordancewiththetermsofthisAgreementandapplicablelaw.TheBoardshallconsistof[]Directors,[]ofwhomshallbenominatedby[]and[]ofwhomshallbenominatedby[].OneoftheDirectorsnominatedby[]shallbethe[].Ifthe[]atanytimedecreasestolessthan[],thePartiesshalluponwrittennoticefrom[]causetheBoardconstituencytobeadjustedsothatonly[]nominatedby[]withinthirty(30)daysofsuchwrittennotice.Ifthe[]atanytimedecreasestolessthan[],thePartiesshalluponwrittennoticefrom[]causetheBoardconstituencytobeadjustedsothat[]nominatedby[],withinthirty(30)BusinessDaysofsuchwrittennotice,unlessthe[]shallcontinuetoholdatleast[]oftheSecuritiesacquiredbythe[]pursuanttotheStockPurchaseAgreementandpursuanttoSections11and18ofthisAgreement.(b)REMOVAL;REAPPOINTMENTOFDIRECTORS.AnyDirectormayberemovedforcauseinaccordancewithapplicablelaw.Inaddition,eachPartyhavingtherighttoappointaDirectorpursuanttothisSection4shallalsohavetheright,initssolediscretion,toremovesuchDirectoratanytimebyawrittennoticetotheCompanyandtheotherParty,inwhicheventthePartywhichnominatedtheDirectorinquestionshallcausesuchDirectortodeliverawrittenresignationtotheCompany.InthecaseofavacancyintheofficeofaDirectorforanyreason(includingremovalpursuanttotheprecedingsentence),thevacancyshallbefilledbythePartythatnominatedorhastherighttonominatetheDirectorinquestion,subjecttoobtainingtheapprovalofamajorityoftheremainingDirectors.(c)BOARDMEETINGS.EachDirectorshallhavetheauthoritytoconveneBoardmeetings,includingtheauthoritytospecifythetimeandplaceofsuchmeetings(withvideoconferenceoranyotherlegallypermittedmeansofmeetingundertheCommercialCodetobepermittedattherequestofanyDirector);PROVIDED,HOWEVER,that(i)theBoardshallmeetatleastonceduringeachcalendarquarterand(ii)writtennoticeofeachBoardmeeting(aMEETINGNOTICE)shallbegivennotlessthanten(10)BusinessDaysinadvanceofthemeetingdate(whichten(10)BusinessDayperiodmaybeshortenedifeachDirectoreither(A)grantsawrittenwaiverofnoticeofsuchmeetingor(B)actuallyattendssuchmeeting,withoutobjection).AllMeetingNoticesshallincludeaproposedagendalistingtheitemstobediscussedatsuchBoardmeeting.BoardmeetingsshallbeconductedintheEnglishlanguage(with_________(PLACENAME)interpretation)andminutesofsuchmeetingsshallbepreparedbytheCompanyinEnglishand_________(PLACENAME)anddistributedtoeachDirectorpromptlyfollowingameeting.Intheeventofconflictorcontroversybetweenversions,theEnglishversionoftheminutesshallcontrol.ProposalsorreportsbroughtbeforeanyBoardorshareholders’meetingforinformationoraction(includingwithoutlimitationtheCompany’sannualandsemi-annualfinancialstatements)shallbepreparedinEnglishand_________(PLACENAME).Intheeventofconflictorcontroversy,theEnglishversionthereofshallcontrol.Anyandallreasonabletravelcosts(includingwithoutlimitationbusinessclassairtravel)andexpensesincurredforpurposesofattendancebyaParty’sDirectorsatBoardmeetingsheldoutsidethecountrywheretheParty’scorporateheadquartersislocatedshallbereimbursedbytheCompany.(d)BOARDQUORUM,RESOLUTIONS.AquorumshallbedeemedtoexistforpurposesofBoardactionssolongasatleastfour(4)Directorsarepresent,includingone(1)DirectorappointedbyCCCandone(1)DirectorappointedbyBBB.IfnoDirectornominatedbyCCCornoDirectornominatedbyBBBattendsadulynoticedBoardmeeting,suchmeetingshallbeimmediatelyadjournedandrescheduled,andwrittennoticeofsuchrescheduledmeetingshallbedeliveredtotheDirectorsnotlessthanfive(5)BusinessDaysinadvanceoftherescheduledmeeting.IfthenumberofDirectorswhoattendsuchrescheduledmeetingisnotsufficienttoconstituteaquorumunderthefirstsentenceofthisSection4(d),aquorumshallbedeemedtoexistforpurposesoftherescheduledmeetingnotwithstandingsuchnon-attendingDirectors’absencesolongasthereisasufficientnumberofdirectorspresenttoconstituteavalidquorumpursuanttotheCommercialCode.Anyaction,determinationorresolutionoftheBoardshallrequiretheaffirmativevoteofamajorityofDirectorspresentatameetingatwhichavalidquorumpursuanttothisSection4(d)ispresent.Notwithstandingtheforegoing,thematterssetforthon[]shalladditionallyrequiretheaffirmativevoteofatleast[]appointedby[]or[],providedthatatthetimesuchvoteissoughtthe[]holdatleast[]oftheSecuritiesacquiredbythe[]pursuanttotheStockPurchaseAgreementandpursuanttoSections11and18ofthisAgreement.5.REPRESENTATIVEDIRECTOR;KEYOFFICERS.[]shalldesignate[]RepresentativeDirectorsoftheCompanyinaccordancewiththeCommercialCode,oneofwhomshallbethe[].[]shallhavetherighttoapprovethe[]andthe[]initssolediscretionuponpriorconsultationwith[].[]shallalsohavetheright,exercisableinitssolediscretionuponpriorconsultationwith[],(i)toremoveandreplacethe[]orany[]atanytimeand(ii)toappointasuccessor[]or[]intheeventavacancyarisesforanyreason,ineachcaseeffectiveuponthedeliveryofwrittennoticetothe[]orthe[]andtheotherParties.EachPartyagreestocausetheDirectorsnominatedbyittotakeappropriateactionbytheBoardtoeffectanysuchremoval,replacementorappointment.6.STATUTORYAUDITORS.TheCompanyshallhavethree(3)StatutoryAuditorswhomshallbenominatedbyBBB.AStatutoryAuditormayberemovedforcauseinaccordancewithapplicablelaw.BBBshallalsohavetheright,exercisableinitssolediscretion,toremoveandreplaceaStatutoryAuditoratanytime,effectiveuponthedeliveryofwrittennoticetotheStatutoryAuditortoberemovedandtheotherParties.BBBshallalsofurtherhavetherighttoappointasuccessorStatutoryAuditorintheeventavacancyarisesforanyreason.7.SHAREHOLDERS’MEETINGS.ShareholdersoftheCompanyshallreceivenoticeofeachshareholders’meetingatleastten(10)BusinessDaysbeforethescheduleddateofsuchmeeting.TheCompanyshallhaveatleastoneshareholders’meetingeachcalendaryear.SuchmeetingwilltakeplaceatsuchtimeandplaceasisdeterminedbytheBoard.MeetingsshallbeconductedintheEnglishlanguage(with_________(PLACENAME)translationtotheextentrequestedbyCCCpaidforbytheCompany),andminutesofsuchmeetingsshallbepreparedbytheCompanyinEnglishand_________(PLACENAME).Intheeventofconflictorcontroversy,theEnglishversionoftheminutesshallcontrol.8.FINANCIALSTATEMENTSANDACCOUNTINGRECORDS.FinancialstatementsfortheCompany,includingwithoutlimitationabalancesheet,incomestatement,statementofcashflowsandstatementofshareholders’equity,shallbesubmittedbytheCompanytoeachoftheotherParties(i)withinsixty(60)daysaftertheendofeachfiscalquarterforsuchquarter,and(ii)withinninety(90)daysaftertheendofeachfiscalyearforsuchyear.Eachoftheannualfinancialstatementsshallbeauditedandcertifiedbyaninternationallyrecognizedaccountingfirm(whichwillactasanindependentauditorundertheSpecialExceptionsLaw)retainedbytheCompany.Allfinancialstatementsshallbe(i)preparedinaccordancewithgenerallyacceptedaccountingprinciplesinJapanand(ii)inreasonabledetailandshallcontainsuchfinancialdataasBBB,CCCParentandCCCreasonablyrequestinordertokeepeachofthemadvisedoftheCompany’sfinancialstatus(althoughquarterlystatementsneednotincludefootnotesandmaybesubjecttoyear-endadjustments).9.RIGHTOFINSPECTION.DuringofficehoursoftheCompany,anduponreasonablenoticetotheCompany,eachofCCC,CCCParentandBBBshallhavefullaccesstoallproperties,booksofaccount,andrecordsoftheCompany,andeachsuchPartyshallhavetherighttomakecopiesfromsuchbooksandrecordsatitsownexpense.AnyinformationobtainedbyCCC,CCCParentorBBBthroughexerciseofrightsgrantedunderthisSection9shall,totheextentconstitutingConfidentialInformationunderSection7.2oftheStockPurchaseAgreement,besubjecttotheconfidentialityprovisionssetforthinsuchSection7.2.10.CCCRIGHTS.[]11.COMPANYINTERESTS.ThePartiesagreetoimplementtheCompany’scapitalstructureandthetermsofthisAgreementsothatatalltimesduringthetermhereof,[].12.ANNUALBUSINESSPLAN.TheCompany’smanagementshalldiscussitsproposedAnnualBusinessPlanwithCCCbeforesubmittingsuchAnnualBusinessPlantotheBoardforapproval.13.TRANSFERRESTRICTIONS.(a)NeitherCCCParentnorCCCshall,exceptasotherwisespecificallyprovidedinthisAgreement,sell,transfer,assign,hypothecateorinanywayalienate(TRANSFER)anyofitsSecurities.(b)NotwithstandingSection13(a),CCCParentandCCCmayTransferalloranyportionofitsSecurities(i)toany[]or[]ofsuchPartyor(ii)aftertheclosingof[],toanyPersonuponthecompletionofsuchParty’scompliancewiththerestrictionsimposedbySection14ofthisAgreement;PROVIDEDthatthefollowingconditionsshallbesatisfiedinthecaseofaTransferpursuanttoclause(i)aboveofthisSection13(b):(i)(x)inthecaseofaTransfertoan[],suchPartycovenantsthatsuch[]shallremainan[]ofsuchPartysolongasthetransferrestrictionssetforthinthisSection13areineffectandthe[]ownstheTransferredshares;and(y)inthecaseofaTransfertoan[],such[]covenantsthatitshallremainan[]ofsuchPartysolongasthetransferrestrictionssetforthinthisSection13areineffectandthe[]ownstheTransferredshares;and(ii)suchParty,or,inthecaseofaTransfertoan[]oran[],such[]or[]representsandcovenantsthatthesharestransferredtothetransfereearenot,andwillnotbe,subjecttoanylienorothersecurityinterest,whetherdirectorindirect,unlesssuchlienorsecurityinterestisconsentedtobytheCompany.(c)NotwithstandingtheprovisionsofthisSection13,neitherCCCParentnorCCCmayTransferanyofitsSecuritiesuntil[].(d)InthecaseofanyTransferpermittedunderSection13(b)(i),CCCParentorCCC,asthecasemaybe,shalldelivertotheCompanyandBBB(i)atleastten(10)BusinessDayspriortosuchTransfer,awrittennoticestatingitsintentiontoTransfertheSecuritiestobeTransferred,thenameofthetransferee,whethersuchtransfereeisanAffiliate,thenumberofSecuritiestobeTransferred,andthepriceandothermaterialtermsandconditionsoftheTransfer,(ii)exceptasotherwisespecificallyprovidedherein,onorpriortotheeffectivedateoftheTransferandinaformreasonablyacceptabletotheCompanyanditscounsel,thetransferee’swrittenacknowledgementofandagreementtobeboundby,andtovotetheTransferredSecuritiesatalltimesinaccordancewith,thetermsofthisAgreementandanyotherTransactionAgreement,and(iii)ifreasonablyrequestedbytheCompany,anopinionofcounsel,reasonablysatisfactorytotheCompanythatsuchTransferwillnotrequireregistrationofsuchsharesunderanyapplicablesecuritieslaws.(e)[]shallnot,exceptasotherwisespecificallyprovidedinthisAgreement,TransferanyofitsSecurities.(f)NotwithstandingSection13(e),[]mayTransferalloranyportionofitsSecurities(i)toanyPerson,PROVIDEDthat[]anditsAffiliatescontinuetoownatleast[]oftheSecuritiesownedby[]atthecloseofbusinessontheEffectiveDateandsubsequentlyacquiredby[]pursuanttoSections11and18ofthisAgreement,or(ii)aftertheclosingof[],toanyPersonuponthecompletionofsuchParty’scompliancewiththerestrictionsimposedbySection14ofthisAgreement.(g)InthecaseofanyTransferpermittedunderSection13(f)(i),[]shalldeliverto[](i)atleastten(10)businessdayspriortosuchTransfer,awrittennoticestatingitsintentiontoTransfertheSecuritiestobeTransferred,thenameofthetransferee,whethersuchtransfereeisanAffiliate,thenumberofSecuritiestobeTransferred,andthepriceandothermaterialtermsandconditionsoftheTransfer,(ii)exceptasotherwisespecificallyprovidedherein,onorpriortotheeffectivedateoftheTransferandinaformreasonablyacceptabletotheCompanyanditscounsel,thetransferee’swrittenacknowledgementofandagreementtobeboundby,andtovotetheTransferredSecuritiesatalltimesinaccordancewith,thetermsofthisAgreementandanyotherTransactionAgreementand(iii)ifreasonablyrequestedbytheCompany,anopinionofcounsel,reasonablysatisfactorytotheCompanythatsuchTransferwillnotrequireregistrationofsuchsharesunderanyapplicablesecuritieslaws.14.MARKETSTAND-OFFAGREEMENT.EachofBBB,CCCParentandCCCherebyagreesthatitwillnot,withoutthepriorwrittenconsentofthemanagingunderwriter,duringtheperiodcommencingonthedateofthefinalprospectusrelatingtotheCompany’sIPOandendingonthedatespecifiedbytheCompanyandthemanagingunderwriter(s)(suchperiodnottoexceedonehundredeighty(l80)days)(i)lend,offer,pledge,sell,contracttosell,sellanyoptionorcontracttopurchase,purchaseanyoptionorcontracttosell,grantanyoption,rightorwarranttopurchase,orotherwiseTransfer,directlyorindirectly,anySecurities,or(ii)enterintoanyswaporotherarrangementthattransferstoanother,inwholeorinpart,anyoftheeconomicconsequencesofownershipoftheSecurities,whetheranysuchtransactiondescribedinclause(i)or(ii)aboveistobesettledbydeliveryofSecurities,incashorotherwise.TheunderwritersinconnectionwiththeCompany’sinitialpublicofferingareintendedthirdpartybeneficiariesofthisSection14andshallhavetheright,powerandauthoritytoenforcetheprovisionshereofasthoughtheywereaPartyhereto.NotwithstandingtheforegoingprovisionsofthisSection14,theobligationsofBBB,CCCParentandCCCunderthisSection14shallnotbemorerestrictivethantheleastrestrictivemarketstandoffobligationstowhichanyoftheCompany’sexecutiveofficers,directorsor10%orgreatershareholdersaresubject.Inordertoenforcetheforegoingcovenant,theCompanymaytotheextentpermittedbyapplicablelawimposestop-transferinstructionswithrespecttotheSharesownedbytheInvestor(andthesharesorsecuritiesofeveryotherpersonsubjecttotheforegoingrestriction)untiltheendofsuchperiod.15.EXCLUSIVITY.(a)DuringthetermofthisAgreement,[]agreesthatitwillnot,andwillnotpermitanyAffiliateinwhich[]directlyorindirectlyholdsafiftypercent(50%)orgreaterownershipinterest(aSubjectAffiliate),todoanyofthefollowing:(i)[](ii)[](iii)[](iv)[](b)[](c)ForpurposesofthisSECTION15,[]shallnotbedeemedaninvestmentfundorinvestmentvehicleoraSubjectAffiliate.(d)ThisSECTION15shallterminateatsuchtimeas[].16.CO-SALERIGHTS.(a)Ifany[]desirestoTransferanyofitsSecurities(theOfferedCo-SaleSecurities)toanyPerson(otherthan[])andsuchOfferedCo-SaleSecurities,togetherwithanySecuritiespreviouslyTransferredby[]toPersons(otherthan[])represent[]ormoreoftheoutstandingFullyDilutedSecuritiesmeasuredatthetimeofsuchTransfer,the[](each,aCO-SALESHAREHOLDER)shallhavetherightandoptiontoincludeaprorataportionoftheSecuritiestobesoldintheproposedsaleatthesamepricepershareandonthesameothertermsandconditionsthatapplyto[]intheproposedsale.EachCo-SaleShareholder’sprorataportionshallbeequaltotheproductof(i)theoutstandingSecuritiesownedbysuchCo-SaleShareholderdividedbytheoutstandingSecuritiesownedby[]andallCo-SaleShareholderswhodulyelecttosellSecuritiesinthetransaction,multipliedby(ii)thetotalnumberofSecuritiesproposedtobesoldinthetransaction.ThenumberofOfferedCo-SaleSecuritiestobesoldby[]inthetransactionshallbereducedtotheextentthatCo-SaleShareholderselecttoparticipateinthetransaction.(b)[]shallgivenoticetoeachCo-SaleShareholderoftheproposedsale.Suchnoticeshallcontaintheproposedsalespricepershareandtheothermaterialtermsandconditionsonwhich[]desirestoselltheOfferedCo-SaleSecurities.EachCo-SaleShareholdermayexerciseitsrighttoparticipateinthesalepursuanttothisSection16bygivingnoticeto[]andeachotherCo-SaleShareholderwithinfifteen(15)daysafterreceiptofsuchnoticefrom[].Ifonanyproposedsale,[]shallbeprovidedaproposedsalenoticeandtheopportunitytoexercisetheirco-salerightshereundersubjecttopayingtheentireremainingportionofthe[]priortotheclosingoftheproposedsale.17.ADDITIONALCAPITAL.IftheCompanyseekstoraiseadditionalcapitalprimarilyforfinancingratherthanstrategicpurposes,theCompanyshall[]providedthat[]shallbedeterminedbytheBoardinitssolegoodfaithdiscretion.18.RIGHTOFFIRSTOFFER.(a)SubjecttothetermsandconditionsspecifiedinthisSection18,theCompanyherebygrantstoeachInvestorarightoffirstofferwithrespecttofuturesalesbytheCompanyofitsSecurities.EachtimetheCompanyproposestoofferanySecurities,theCompanyshallfirstmakeanofferingoftheSecuritiestotheInvestorsinaccordancewiththefollowingprovisions.(b)TheCompanyshalldeliveranoticeinaccordancewithSection26.2(Notice)toeachInvestorstating(i)itsbonafideintentiontooffertheSecurities,(ii)thenumberofSecuritiestobeoffered(theOfferedSecurities),and(iii)thepriceandtermsuponwhichitproposestooffertheOfferedSecurities.(c)BywrittennotificationreceivedbytheCompany,withintwenty(20)calendardaysafterreceiptoftheNotice,theInvestormayelecttopurchaseorobtain,atthepriceandonthetermsspecifiedintheNotice,uptothatportionoftheOfferedSecuritiesthatequalstheproportionthatthenumberofsharesofSecuritiesissuedandheldbytheInvestor,aftergivingeffecttotheexchange,exerciseandconversionofallSecuritiesheldbyInvestorthatareexchangeableandexercisableforandconvertibleintoSecurities,bearstothetotalnumberofsharesofSecuritiesthenoutstanding,aftergivingeffecttotheexchange,exerciseandconversionofallsecuritiesthenoutstandingthatareexchangeableandexercisableforandconvertibleintoSecurities.(d)NotwithstandingSection18(c),[].(e)IfallOfferedSecuritiesthatInvestorsareentitledtoobtainpursuanttoSections18(c)and(d)arenotelectedtobeobtainedasprovidedinSections18(c)and(d)hereof,theCompanymay,duringtheonehundredtwenty(120)dayperiodfollowingtheexpirationoftheperiodprovidedinsubsection18(c)hereof,offertheremainingunsubscribedportionofsuchOfferedSecuritiestoanypersonorpersonsatapricenotlessthan,andupontermsnomorefavorabletotheoffereethanthosespecifiedintheNotice.IftheCompanydoesnotenterintoanagreementforthesaleoftheOfferedSecuritieswithinsuchperiod,orifsuchagreementisnotconsummatedwithinsixty(60)daysoftheexecutionthereof,therightprovidedhereundershallbedeemedtoberevivedandsuchOfferedSecuritiesshallnotbeofferedunlessfirstreofferedtotheInvestorinaccordanceherewith.(f)TherightoffirstofferinthisSection18shallnotbeapplicableto(i)theissuanceorsaleofsharesofCommonStock(oroptionstherefor)toemployees,directorsandconsultantsfortheprimarypurposeofsolicitingorretainingtheirservices;(ii)theissuanceofSecuritiespursuanttoabonafidepublicofferingofsharesofCommonStock,(iii)theissuanceofSecuritiesinconnectionwithabonafidebusinessacquisitionoforbytheCompany,whetherbymerger,consolidation,saleofassets,saleorexchangeofstockorotherwise,(iv)theissuanceofstock,warrantsorotherSecuritiesorrightsnotprimarilyforequityfinancingpurposestopersonsorentitieswithwhichtheCompanyhasbusinessrelationshipsorwillhaveastrategicbusinessrelationshipfollowingsuchissuance,(vi)[].TherightoffirstofferinSection18(c)[]shallterminateupontheclosingoftheIPO.19.IPOCOMMITMENT.(a)ThePartiesintendthat,onorpriortothe[]anniversaryoftheEffectiveDate,theCompanywillseektoconductaninitialpublicofferingofsharesofitsCommonStock(IPO),subjecttoprevailingmarketconditionsandtheconditionandperformanceoftheCompany.(b)[](c)Eachshareholderagreestoenterintoacustomarymarketstandoffagreementwiththeunderwriter(s)intheIPOwithsubstantiallythesametermsandconditionsassetforthinSection14.20.CERTAINBREACHES.If[]allegesinwritingtotheCompany,afterconsultationwithitsoutsidecounsel,thatitisprobablethat[]hasbreachedanycontractbetween[],ontheonehand,andtheCompanyoranyofitscontrolledAffiliates,ontheotherhand,theBoardshallattherequestof[]formacommitteeoftheBoard(theLitigationCommittee)consistingof[].TheCommitteeshallhavethesoleandexclusiveauthorityto(i)determinewhethertoassertonbehalfoftheCompanythat[]hasbreachedanysuchcontractand(ii)ifanysuchassertionismade,tocontroltheresolutionofanysuchdispute,butonlyifsuchdisputeisresolvedthroughthedisputeresolutionprocesssetforthinSection26.1hereofasifapplicabletodisputesreferredtointhisSection20.[]agrees,uponbehalfofitselfand[]andtheCompanyagreesonbehalfofitselfanditscontrolledAffiliatestosubmitanysuchdisputetothedisputeresolutionprocesssetforthinSection26.1hereof.21.MODIFICATIONOFTRANSACTIONAGREEMENTS.(a)[](b)[](c)[](d)[]22.REPRESENTATIONSANDWARRANTIESOFCCCANDCCCPARENT.EachofCCCandCCCParentherebyrepresentsandwarrantstoBBBandtheCompanythat,asoftheEffectiveDate,thefollowingstatementsareandshallbetrueandcorrect:(a)ORGANIZATION.EachofCCCandCCCParentisacorporationdulyorganizedandvalidlyexistingunderthelawsofJapan,andhasthecorporatepowerandauthoritytoenterintoandperformthisAgreementandtheotherTransactionAgreementstowhichitisaparty.(b)PERMITS;APPROVALS.EachofCCCand‘CCCParentholdsalllicenses,permits,certificationsandotherauthorizations,theabsenceofwhichwouldhaveamaterialadverseeffectonitsfinancialconditionorbusiness,andtherehasbeennodefaultorviolationunderanysuchauthorizationandthereisnoproceedingorinvestigationthatispendingor,toeachsuchParty’sknowledge,threatenedunderwhichanysuchauthorizationmayberevoked,terminatedorsuspended.(c)AUTHORIZATION.AllcorporateactiononthepartofeachofCCCandCCCParentnecessaryfortheauthorization,executionanddeliveryofthisAgreementandtheotherTransactionAgreementstowhichitisapartyandfortheperformanceofallofitsobligationshereunderandthereunderhasbeentaken,andthisAgreementandtheotherTransactionAgreementstowhichitisapartywhenfullyexecutedanddelivered,shalleachconstituteavalid,legallybindingandenforceableobligationofeachsuchParty.(d)GOVERNMENTANDOTHERCONSENTS.Noconsent,authorization,license,permit,registrationorapprovalof,orexemptionorotheractionby,anygovernmentalorpublicbodyorauthority,oranyotherPerson,isrequiredinconnectionwiththeexecution,deliveryandperformancebyeachofCCCandCCCParentofthisAgreementandtheotherTransactionAgreementstowhichitisaparty,orifanysuchconsentisrequired,eachsuchPartyhassatisfiedtheapplicablerequirements.(e)EFFECTOFAGREEMENT.Theexecution,deliveryandperformanceofthisAgreementandtheotherTransactionAgreementstowhichCCCorCCCParentisapartywillnot(i)violatetheArticlesofIncorporationofsuchpartyoranyprovisionofanylaw,statute,ruleorregulationtowhichsuchpartyissubject,(ii)violateanyjudgment,order,writ,injunctionordecreeofanycourtapplicabletosuchparty,(iii)haveanyeffectonthecomplianceofsuchpartywithanyapplicablelicenses,permitsorauthorizationswhichwouldmateriallyandadverselyaffectsuchparty,(iv)resultinthebreachof,giverisetoarightoftermination,cancellationoraccelerationofanyobligationwithrespectto(presentlyorwiththepassageoftime),orotherwisebeinconflictwithanytermof,oraffectthevalidityorenforceabilityof,anyagreementorothercommitmenttowhichsuchpartyisapartyandwhichwouldmateriallyandadverselyaffectsuchpartyor(v)resultinthecreationofanylien,pledge,mortgage,claim,chargeorencumbranceuponanyassetsofsuchparty.(f)LITIGATION.Therearenoactions,suitsorproceedingspendingor,tosuchparty’sknowledge,threatened,againstsuchpartybeforeanycourtorgovernmentalagencywhichquestionsuchparty’srighttoenterintoorperformitsobligationsunderthisAgreementortheotherTransactionAgreementstowhichitisaparty,orwhichquestionthevalidityofthisAgreementoranyoftheotherTransactionAgreements.(g)DISCLOSURE.NorepresentationorwarrantybyCCCorCCCParentcontainedinthisAgreementorinanyotherTransactionAgreementstowhichsuchpartyisaparty,andnoexhibit,writingorotherinstrumentrequiredtobefurnishedbysuchpartypursuantheretoortheretocontainsanyuntruestatementofamaterialfactoromitsanymaterialfactnecessaryinordertomakethestatementsandinformationcontainedhereinorthereinnotmisleading.23.REPRESENTATIONSANDWARRANTIESOFBBB.BBBherebyrepresentsandwarrantstoCCCParentandCCCthat,asoftheEffectiveDate,thefollowingstatementsaretrueandcorrect:(a)ORGANIZATION.BBBisacorporationdulyorganizedandvalidlyexistingunderthelawsofDelaware.BBBhasthecorporatepowerandauthoritytoenterintoandperformthisAgreementandtheotherTransactionAgreementstowhichitisaparty.(b)PERMITS;APPROVALS.BBBholdsalllicenses,permits,certificationsandotherauthorizations,includingwithoutlimitationanysuchauthorizationsrequiredunderU.S.federalsecuritieslaws,theabsenceofwhichwouldhaveamaterialadverseeffectonthefinancialconditionorbusinessofBBB,andtherehasbeennodefaultorviolationunderanysuchauthorizationandthereisnoproceedingorinvestigationthatispendingor,toBBB’sknowledge,threatenedunderwhichanysuchauthorizationmayberevoked,terminatedorsuspended.(c)AUTHORIZATION.AllcorporateactiononthepartofBBBnecessaryfortheauthorization,executionanddeliveryofthisAgreementandtheotherTransactionAgreementstowhichitisapartyandfortheperformanceofallofitsobligationshereunderandthereunderhasbeentaken,andthisAgreement,theLicenseAgreementandtheotherTransactionAgreementstowhichitisaparty,whenfullyexecutedanddelivered,shalleachconstituteavalid,legallybindingandenforceableobligationofBBB.(d)GOVERNMENTANDOTHERCONSENTS.ExceptasdisclosedintheTransactionAgreements,noconsent,authorization,license,permit,registrationorapprovalof,orexemptionorotheractionby,anygovernmentalorpublicbodyorauthority,oranyotherPerson,isrequiredinconnectionwithBBB’sexecution,deliveryandperformanceofthisAgreementortheotherTransactionAgreementstowhichitisaparty,orifanysuchconsentisrequired,BBBhassatisfiedanyapplicablerequirements.(e)EFFECTOFAGREEMENT.BBB’sexecution,deliveryandperformanceofthisAgreementandtheotherTransactionAgreementstowhichitisapartywillnot(i)violatetheCertificateofIncorporationofBBBoranyprovisionofanylaw,statue,ruleorregulationtowhichitissubject,(ii)violateanyjudgment,order,writ,injunctionordecreeofanycourtapplicabletoBBB,(iii)haveanyeffectonthecomplianceofBBBwithanyapplicablelicenses,permitsorauthorizationswhichwouldmateriallyandadverselyaffectBBB,(iv)resultinthebreachof,giverisetoarightoftermination,cancellationoraccelerationofanyobligationwithrespectto(presentlyorwiththepassageoftime),orotherwisebeinconflictwith,anytermof,oraffectthevalidityorenforceabilityofanyagreementorothercommitmenttowhichBBBisapartyandwhichwouldmateriallyandadverselyaffectBBB,or(v)resultinthecreationofanylien,pledge,mortgage,claim,chargeorencumbranceuponanyassetsofBBB.(f)LITIGATION.Therearenoactions,suitsorproceedingspendingor,toBBB’sknowledge,threatened,againstBBBbeforeanycourtorgovernmentalagencywhichquestionBBB’srighttoenterintoorperformthisAgreementorotherTransactionAgreementstowhichitisaparty,orwhichquestionthevalidityofthisAgreementoranyoftheotherTransactionAgreements.(g)DISCLOSURE.NorepresentationorwarrantybyBBBcontainedinthisAgreementoranyotherTransactionAgreementtowhichitisaparty,andnoexhibit,writingorotherinstrumentrequiredtobefurnishedpursuantheretocontainsanyuntruestatementofamaterialfactoromitsanymaterialfactnecessaryinordertomakethestatementsandinformationcontainedhereinorthereinnotmisleading.24.EFFECTIVENESS,TERMANDTERMINATION.24.1TERM.ThisAgreementshallbeeffectiveasoftheEffectiveDateandshallcontinueineffectuntilandunlessterminatedpursuanttoSection24.2.24.2TERMINATION.ThisAgreementmaybeterminatedasfollows:(a)UpontheParties’mutualwrittenagreement.(b)ByeitherBBBortheCompany,effectiveimmediatelyuponwrittennoticetotheotherParties,ifeitherCCCParentorCCCbreachesanymaterialprovisionofthisAgreementorofanyoftheotherTransactionAgreementsinanymaterialrespectandsuchbreachcontinuesforaperiodofthirty(30)daysafterthedeliveryofwrittennoticeofthedefault,describingthedefaultinreasonabledetail.(c)ByeitherCCCParentorCCC,effectiveimmediatelyuponwrittennoticetotheotherParties,ifBBBortheCompanybreachesanymaterialprovisionofthisAgreementorofanyoftheotherTransactionAgreementsinanymaterialrespectandsuchbreachcontinuesforaperiodofthirty(30)daysafterthedeliveryofwrittennoticeofthedefault,describingthedefaultinreasonabledetail.(d)ByeitherCCCParentorCCC,effectiveimmediatelyuponwrittennoticetoBBBandtheCompany,intheeventthateitherBBBortheCompanyterminatesorelectstoterminates[]inaccordancewithitsterms.(e)BBB,effectiveimmediatelyuponwrittennoticetotheotherPartiesintheeventthateitherBBBortheCompanyhaselectedtoterminate[]inaccordancewithitsterms.(f)ByeitherCCCParent,CCC,BBBortheCompany,effectiveimmediatelyuponwrittennoticetotheotherParties,intheeventthatanyotherPartyisdissolved,liquidatedordeclaredbankruptorafilingforvoluntaryorinvoluntary.(g)Notwithstandingtheforegoing,therightofCCCandCCCParenttoterminatethisAgreementpursuanttoSection24.2(c),asaresultofabreachbytheCompany,orpursuanttoSection24.2(d),asaresultofaterminationof[],shallexistonlyif[]andonlyifno[]isineffect.24.3CONTINUINGLIABILITY.Notwithstandingtheforegoing,Article25andArticle26(exceptforSection26.6,whichshallnotsurvivetermination)shallsurviveaterminationoftheAgreement.TerminationofthisAgreementforanyreasonshallnotreleaseanyPartyfromanyliabilityorobligationwhichhasalreadyaccruedasoftheeffectivedateofsuchtermination,andshallnotconstituteawaiverorreleaseof,orotherwisebedeemedtoprejudiceoradverselyaffect,anyrights,remediesorclaims,whetherfordamagesorotherwise,whichaPartymayhavehereunder,atlaw,equityorotherwiseorwhichmayariseoutoforinconnectionwithsuchtermination.25.INCIDENTALANDCONSEQUENTIALDAMAGES.NOPARTYNORITSAFFILIATESWILLBELIABLETOTHEOTHERPARTIESUNDERANYCONTRACT,NEGLIGENCE,STRICTLIABILITYOROTHERTHEORYFORANYINDIRECT,INCIDENTALORCONSEQUENTIALDAMAGES(INCLUDINGWITHOUTLIMITATIONLOSTPROFITS)WITHRESPECTTOANYSUBJECTMATTEROFTHISAGREEMENT.EACHPARTYAGREESANDACKNOWLEDGESTHATMONEYDAMAGESMAYNOTBEANADEQUATEREMEDYFORANYBREACHOFTHEPROVISIONSOFTHISAGREEMENTANDTHATEACHPARTYMAY,INITSSOLEDISCRETION,APPLYFORSPECIFICPERFORMANCEANDINJUNCTIVERELIEFINORDERTOENFORCEORPREVENTANYVIOLATIONSOFTHEPROVISIONSOFTHISAGREEMENT.26.MISCELLANEOUS.26.1GOVERNINGLAW;DISPUTERESOLUTION.Thevalidity,constructionandenforceabilityofthisAgreementshallbegovernedbyandconstruedinaccordancewiththelawsoftheStateofCalifornia.AlldisputesbetweenthePartiesarisingoutofthisAgreementshallbesettledbythePartiesamicablythroughgoodfaithdiscussionsuponthewrittenrequestofanyParty.Intheeventthatanysuchdisputecannotberesolvedtherebywithinaperiodofsixty(60)daysaftersuchnoticehasbeengiven,suchdisputeshallbefinallysettledbyarbitrationinSanFrancisco,California,usingtheEnglishlanguageinaccordancewiththeRulesofArbitrationoftheAmericanArbitrationAssociationthenineffect,byoneormorearbitratorsappointedinaccordancewithsuchRules.Thearbitrator(s)shallhavetheauthoritytograntspecificperformanceandtoallocatebetweenthePartiesthecostsofarbitrationinsuchequitablemannerasthearbitrator(s)maydetermine.TheprevailingPartyinthearbitrationshallbeentitledtoreceivereimbursementofitsreasonableexpensesincurredinconnectiontherewith.Judgmentupontheawardsorenderedmaybeenteredinanycourthavingjurisdictionorapplicationmaybemadetosuchcourtforjudicialacceptanceofanyawardandanorderofenforcement,asthecasemaybe.Notwithstandingtheforegoing,eachPartyshallhavetherighttoinstitutealegalactioninacourtofproperjurisdictionforinjunctivereliefand/oradecreeforspecificperformancetoenforcesuchParty’srightshereunderpendingfinalsettlementbyarbitration.26.2NOTICESANDOTHERCOMMUNICATIONS.Unlessotherwiseprovided,anynoticerequiredorpermittedunderthisAgreementshallbegiveninwritingandinEnglishandshallbedeemedeffectivelygiven(i)uponpersonaldeliverytothepartytobenotified,(ii)bydeliverybyconfirmedfacsimileor(iii)three(3)BusinessDaysafterbeingprovidedtoaninternationallyrecognizedcourierservicewithanexpecteddeliveryofnomorethanthree(3)businessdays,ineachcasetothepartytobenotifiedattheaddressindicatedforsuchpartyonthesignaturepagehereof,oratsuchotheraddressassuchpartymaydesignatebyten(10)days’advancewrittennoticetotheotherParties:(a)IftoCCCParent[]withacopyto:[](b)IftoCCC[]withacopyto:[](c)IftotheCompany[]withacopyto:[](d)IftoBBB[]withacopyto:[]26.3LANGUAGE.ThisAgreementisintheEnglishlanguageonly,whichlanguageshallbecontrollinginallrespects,andallversionshereofinanyotherlanguageshallbeforaccommodationonlyandshallnotbebindingupontheParties.AllcommunicationsandnoticestobemadeorgivenpursuanttothisAgreementshallbeintheEnglishlanguage.26.4SEVERABILITY.IfanyprovisioninthisAgreementshallbefoundorbeheldtobeinvalidorunenforceable(including,withoutlimitation,asaresultofobjectionsbythe_________(PLACENAME)FairTradeCommission)thenthemeaningofsaidprovisionshallbeconstrued,totheextentfeasible,soastorendertheprovisionenforceable,andifnofeasibleinterpretationwouldsavesuchprovision,itshallbeseveredfromtheremainderofthisAgreementwhichshallremaininfullforceandeffectunlesstheseveredprovisionisessentialandmaterialtotherightsorbenefitsreceivedbyanyParty.Insuchevent,thePartiesshallusecommerciallyreasonableeffortstonegotiate,ingoodfaith,asubstitute,validandenforceableprovisionoragreementwhichmostnearlyaffectstheParties’intentinenteringintothisAgreement.26.5REFERENCES;SUBJECTHEADINGS.Unlessotherwiseindicated,referencestoSectionsandExhibitshereinaretoSectionsof,andExhibitsto,thisAgreement.ThesubjectheadingsoftheSectionsofthisAgreementareincludedforthepurposeofconvenienceofreferenceonly,andshallnotaffecttheconstructionorinterpretationofanyofitsprovisions.26.6FURTHERASSURANCES.ThePartiesshalleachperformsuchacts,executeanddeliversuchinstrumentsanddocuments,anddoallsuchotherthingsasmaybereasonablynecessarytoaccomplishthetransactionscontemplatedinthisAgreement.26.7EXPENSES.EachofthePartieswillbearitsowncostsandexpenses,including,withoutlimitation,feesandexpensesoflegalcounsel,accountants,brokers,consultantsandotherrepresentativesusedorhiredinconnectionwiththenegotiationandpreparationofthisAgreementandconsummationofthetransactionscontemplatedhereby.26.8NOWAIVER.NowaiverofanytermorconditionofthisAgreementshallbevalidorbindingonaPartyunlessthesameshallhavebeensetforthinawrittendocument,specificallyreferringtothisAgreementanddulysignedbythewaivingParty.ThefailureofaPartytoenforceatanytimeanyoftheprovisionsofthisAgreement,orthefailuretorequireatanytimeperformancebytheotherPartyofanyoftheprovisionsofthisAgreement,shallinnowaybeconstruedtobeapresentorfuturewaiverofsuchprovisions,norinanywayaffecttheabilityofaPartytoenforceeachandeverysuchprovisionthereafter.26.9ENTIREAGREEMENT;AMENDMENTS.ThetermsandconditionscontainedinthisAgreement(includingtheExhibitshereto)andtheotherTransactionAgreementsconstitutetheentireagreementbetweenthePartiesandsupersedeallpreviousagreementsandunderstandings,exceptfortheBBBNon-DisclosureAgreement,whetheroralorwritten,betweenthePartieswithrespecttothesubjectmatterhereof.NoagreementorunderstandingamendingthisAgreementshallbebindinguponanyPartyunlesssetforthinawrittendocumentinEnglishwhichexpresslyreferstothisAgreementandwhichissignedanddeliveredbydulyauthorizedrepresentativesofeachParty.26.10ASSIGNMENT.NoPartyshallassignthisAgreement(oranyrightorobligationhereunder)withouttheotherParties’priorwrittenconsent,exceptthat(i)[]mayassignthisAgreementtoaPersonintowhichithasmergedorwhichhasotherwisesucceededtoallorsubstantiallyallof[]businessorassetsand(ii)[]mayassignthisAgreementtoaPersonthatisawhollyownedsubsidiaryof[],respectively,oraPersonwhohassucceededtoallorsubstantiallyallofthebusinessorassetsof[],respectively.AllassigneesunderthisSection26.10mustassumeinwritingorbyoperationoflaw,theassigningParty’sobligationsunderthisAgreement,provided,however,thattheassigningPartyshallremainliablefortheassignee’sperformanceofitsobligationshereunder.ThisAgreementshallinuretothebenefitof,andshallbebindingupon,thePartiesandtheirrespectivepermittedsuccessorsandassigns.26.11NOAGENCY.ThePartiesareindependentcontractors.NothingcontainedhereinordoneinpursuanceofthisAgreementshallconstituteanyPartytheagentofanyotherPartyforanypurposeorinanysensewhatsoever.26.12NOBENEFICIARIES.Nothinghereinexpressorimplied,isintendedtoorshallbeconstruedtoconferuponorgivetoanyperson,firm,corporationorlegalentity,otherthantheParties,anyinterests,rights,remediesorotherbenefitswithrespecttoorinconnectionwithanyagreementorprovisioncontainedhereinorcontemplatedhereby.26.13COUNTERPARTS.ThisAgreementmaybeexecutedinanynumberofcounterparts,andeachcounterpartshallconstituteanoriginalinstrument,butallsuchseparatecounterpartsshallconstituteonlyoneandthesameinstrument.INWITNESSWHEREOF,thePartieshavecausedtheirrespectivedulyauthorizedrepresentativestoexecutethisAgreementasofthedatehereof.CCCCORP.CCCE-COMMERCECORP.By:/s/_________By:/s/_________Title:_________Title:_________BBB,INC.AAABy:/s/_________By:/s/_________Title:_________Title:_________Shareholders’’Agreement股东协议-4.1BindingEffect.ThisAgreementshallbebindinguponthepartiesheretoandtheirrespectiveheirs,successorsandassigns.AllsharesofBBBCommonStockandBBBPreferredStockatanytimeownedbyapartytothisAgreementshallbesubjecttothisAgreement.SharesofBBBCommonStockandBBBPreferredStockcanbetransferredbyapartyonlyifthetransfereeofsuchsharesagreestobeboundbythisAgreement,exceptfortransfersbyAAApursuanttoornotinviolationofthisAgreementortheRegistrationRightsAgreementortoanyPersonwhoisnotanAffiliateofAAA.4.2DurationofAgreement.ThisAgreementshallremainineffectuntiltheearlierof(i)thedatewhichisfive(5)yearsfromthedateofthisAgreement,and(ii)thedateonwhichAAAownslessthanfivepercent(5%)oftheissuedandoutstandingsharesofBBBCommonStock.AtanytimethatAAAownslessthansuchpercentage,thisAgreementshallterminateandbeofnofurtherforceandeffect,withoutthenecessityofanyactiononthepartofanyofthepartieshereto.4.3InjunctiveRelief.ItisacknowledgedthatitwouldbeimpossibletomeasurethedamagesthatwouldbesufferedbyapartytothisAgreementiftheotherpartiesweretofailtocomplywiththeprovisionsofthisAgreement,andthatintheeventofanysuchfailure,monetarydamageswouldnotprovidetheinjuredpartyanadequateremedy.Thepartiesshall,therefore,beentitledtoseekspecificperformanceandinjunctivereliefforanybreachofthisAgreementinacourtofcompetentjurisdiction.4.4GoverningLaw.ThisAgreementshallbegovernedby,andconstruedinaccordancewith,thelawsoftheStateofDelawarewithoutapplicationofprinciplesofconflictoflaws,anysuitfortheenforcementofthisAgreementmaybebroughtinthecourtsofthatstateandallpartiesconsenttotheexclusivejurisdictionofsuchcourtsandtoserviceofprocessinanysuchsuitbeingmadeuponanypartybymailattheirrespectiveaddressessetforthinbelow.4.5Notices.Allnoticeshereundershallbeinwritingandshallbedeemedtohavebeendulygivenwhenactuallyreceived.Noticeshereundermaybegiven(i)byhand,(ii)bycertifiedmail,postageprepaid,returnreceiptrequested,(iii)byacourierservicewhichguarantiesdeliverywithinonebusinessdayor(iv)bytelecopytoaparty;ineachcasetothepartiesattheirrespectiveaddressessetforthbelow,ortosuchotheraddressasapartymayspecifybynotice:IftoAAAorRCII:IftoBBB:AAA,Inc.BBB,Inc.withacopyto:withacopyto:_________(Address)_________(Address)_________(Name)_________(Name)_________(Address)_________(Address)IftotheShareholders:_________(Name),M.D._________(Name)_________(Address)_________(Address)_________(Name)_________(Address)4.6Waiver.WaiverofanyprovisionofthisAgreement,inwholeorinpart,inanyoneinstanceshallnotconstituteawaiverofanyotherprovisioninthesameinstance,noranywaiverofthesameoranotherprovisioninanotherinstance,buteachprovisionshallcontinueinfullforceandeffectwithrespecttoanyotherthen-existingorsubsequentbreaches.4.7EntireAgreement.ThisAgreement,togetherwiththeAcquisitionAgreement,theConfidentialityAgreementandtheRegistrationRightsAgreementconstitutestheentireagreementbetweenthepartiesheretowithrespecttoitssubjectmatter,supersedingallpriornegotiations,communications,contractsandotheragreements,coursesofdealingandthelikebetweenoramongtheparties.4.8Severability.IfanyprovisionorprovisionsofthisAgreementshallbeheldtobeinvalid,illegalorunenforceable,thevalidity,legalityandenforceabilityoftheremainingprovisionsshallnotinanywaybeaffectedorimpairedtherebyandthisAgreementshallbeinterpretedasifsuchprovisionorprovisionswerenotaparthereof.Moreover,ifanyprovisionofthisAgreementshallforanyreasonbeheldtobeexcessivelybroadastotime,duration,geographicalscope,activityorsubject,itshallbeconstruedbylimitingandreducingit,soastobeenforceabletotheextentcompatiblewithapplicablelawsastheyshallthenbeinforce.4.9Amendment.ThisAgreementmaybeamended,modifiedorterminated,andanyrightunderthisAgreementmaybewaivedinwholeorinpart,onlybyawritingsignedbyallpartieshereto.4.10Construction.ThepartieshaveparticipatedjointlyinthenegotiationanddraftingofthisAgreement.Intheeventanambiguityorquestionofintentorinterpretationarises,thisAgreementshallbeconstruedasifdraftedjointlybythepartiesandnopresumptionorburdenofproofshallarisefavoringordisfavoringanypartybyvirtueoftheauthorshipofanyoftheprovisionsofthisAgreement.4.11Counterparts.ThisAgreementmaybeexecutedinoneormorecounterparts,allofwhichshallconstituteoneandthesameinstrument.4.12Defaults.AnybreachordefaultbyapartyundertheAcquisitionAgreementshallbedeemedadefaultbysuchpartyunderthisAgreement.INWITNESSWHEREOF,thepartieshereto,bytheirdulyauthorizedofficersinthecaseofcorporateparties,haveexecutedthisAgreementunderseal,asofthedayandyearfirstabovewritten.',)