詳解1ziztour cayman股東決議hibitbthewithlcfundvi

ZIZGROUP(the“WRITTENRESOLUTIONSOFSHAREHOLDERSOFTHEPASSEDONMARCH52015INACCORDANCEWITHTHE'SARTICLESOFTheundersigned,beingtheshareholdersofthe,actingbyunanimouswrittenconsentwithoutameetingDOHEREBYCONSENTtothefollowingactionsandadoptthefollowingresolutions.REDESIGNATIONOFSHARECAPITALANDAPPROVALANDADOPTIONOFAMENDEDANDRESTATEDMEMORANDUMANDARTICLESOFITISNOTEDTHAT,pursuanttothe’scurrentlyeffectivememorandumofassociation(the“CurrentMemorandum”)andarticlesofassociation(the“CurrentArticles”),the’sauthorizedsharecapitalisUS$50,000dividedinto500,000,000ordinarysharesofparvalueUS$0.0001pershare,56,000,000ofwhichisissuedandoutstanding.ITISRESOLVEDTHAT,upontheInitialClosing(asdefinedintheSharePurchaseAgreementasdefinedbelow),theauthorizedsharesofthebeandisre-designatedandcomprisedof:(i)475,555,556ordinarysharesofUS$0.0001parvalueeach(the“OrdinaryShares”);(ii)20,000,000SeriesAPreferredSharesofUS$0.0001parvalueeach(“SeriesAPreferredShares”);and(iii)4,444,444SeriesA-1PreferredSharesofUS$0.0001parvalueeach(“SeriesA-1PreferredShares”).The certainnumberofOrdinarySharestobeissuedupontheconversionofSeriesAWarrantShares,whichwillbeissuedupontheexerciseofwarrantbytheInvestors(asdefinedbelow)(“SeriesAWarrantShares”),pursuanttotheSeriesA ITISRESOLVEDTHAT,upontheInitialClosingandsubjecttotheapprovalbythemembersofthe,theAmendedandRestatedMemorandumofAssociation(the“RestatedMemorandum”)andtheAmendedandRestatedArticlesofAssociation(the“RestatedArticles”)ofthe,intheformsattachedheretoahibitA,would,amongotherthings,provide rightsoftheSeriesAPreferredSharesbeareherebyapprovedandadoptedtore cetheCurrentMemorandumandtheCurrentArticles,respectively.ITISRESOLVEDTHAT,anydirectororofficeroftheisherebyauthorizedanddirectedtosubmittheRestatedMemorandumandtheRestatedArticles,withchangesandadditionstheretoassuchdirectororofficershallapprovewiththeadviceoflegalcounsel,tothemembersofthefortheirapproval.ITISFURTHERRESOLVEDTHAT,uponobtainingsuchapprovalofthemembersofthe,anydirectororofficeroftheisherebyauthorizedtocausetobefiledtheRestatedMemorandumandtheRestatedArticles,insuchformasapprovedbythemembers,withtheRegistrarofCompaniesoftheCaymanIslandsandtotakeallfurtheractionsandexecuteallfurthersasmaybenecessaryoradvisabletocarryouttheintentoftheseresolutions.SERIESAPREFERENCESHAREITISNOTEDTHATthewishestoenterintoaSeriesAPreferredSharesPurchaseAgreement,insubstantiallytheformattachedheretoahibitB(the“SharePurchaseAgreement”),withLCFUNDVI,L.P.andLCPARALLELFUNDVI,L.P.(collectively,the“LCInvestors”),RichLikesInternationalLimited(裕麗國際有限公司)(the“HK”),ShenzhenZiztourInteTechnologyCo.,.(市蜘蛛旅游網(wǎng)絡(luò)技術(shù))(the“Domestic”),theFoundersdefinedtherein,inconnectionwiththesubscriptionandpurchasebytheLCInvestorsof13,333,334SeriesAPreferredSharesintheandbytheCo-Investors(ifany,asdefinedintheSharePurchaseAgreement)(togetherwiththeLCInvestors,the“Investors”)ofupto6,666,666SeriesAPreferredSharesinthe.ITISNOTEDTHAT,onnectionwiththeissuanceandsaleofSeriesAPreferredSharespursuanttotheSharePurchaseAgreement,thealsowishestoenterintoashareholdersagreementinsubstantiallytheformattachedheretoasExhibitC(the“ShareholdersAgreement”)withtheLCInvestors,theHK,theDomestic,theFoundersandcertainotherpartiesthereto.TheSharePurchaseAgreementandtheShareholdersAgreementarecollectivelyreferredtoasthe ITISRESOLVEDTHATitbeinginthebestinterestofthetodoso,theexecutionoftheTransaction s(ludinganyandall srelatedtheretoorsetoutintheexhibitsthereto)andalltransactionscontemtedthereunderbeandareherebyapproved,andthatanydirectorofthebeandisherebyauthorizedtoapprove,execute,deliverandenterintoonbehalfofthesuchsupplements,amendmentsandmodificationstotheTransaction sand/oranyotheragreementorrelatedtheretoassuchdirectormayinhisabsolutediscretiondeemfit,theexecutionanddeliveryofsuchsupplements,amendmentsandmodificationstotheTransaction sand/oranyotheragreementorrelatedtheretobyanysuchdirectortobeconclusiveevidencethatthesamehasbeenauthorizedandapprovedbythedirectoronbehalfofthe.ISSUANCEOFSERIESAPREFERREDITISHEREBYRESOLVEDTHAT,theissueandallotmentofthe12,753,108SeriesAPreferredSharestotheLCFUNDVI,L.P.,580,226SeriesAPreferredSharestoLCPARALLELFUNDVI,L.P.andupto6,666,666SeriesAPreferredSharestoCo-Investors(ifapplicable),upontheClosingsascontemtedundertheTransactions,inaccordancewiththetermsoftheSharePurchaseAgreement,beandisherebyapprovedandauthorized,andthatanydirectororofficeroftheisherebyauthorizedanddirectedtosellandissuetheSeriesAPreferredSharestotheInvestorsuponeachClosingascontemtedundertheTransactionsincompliancewiththetermsandconditionsoftheSharePurchaseAgreementandallexhibitstheretoand sreferencedtherein.Thedetailsofaboveissuancearesetforthinbelowchart:ClassofPurchased PurchasedSharesatthe SeriesALCFUNDVI,SeriesA0toSeriesAITISFURTHERRESOLVEDTHAT,effectiveupontheapprovalandadoptionoftheRestatedMemorandumandRestatedArticles,asufficientnumberofOrdinarySharesbeforissuanceuponconversionoftheSeriesAPreferredShares(suchOrdinaryShares,the“ConversionShares”),andthattheissueandallotmentoftheConversionSharesuponconversionoftheSeriesAPreferredSharesinaccordancewiththetermsandconditionsoftheRestatedMemorandumandtheRestatedArticlesbeandisherebyapprovedandauthorized,andthatsuchConversionSharesshall,uponissue,bevalidlyissuedanddulyauthorizedasfullypaidandnon-assessableandshallnotbesubjecttoanypre-emptiveorsimilarrights.ITISFURTHERRESOLVEDTHAT,the’sofficeproviderbeandisherebyinstructedtomakeappropriateentriesintotheregisterofmembersofthetoreflectandgiveeffecttotheissuanceandallotmentof(i)SeriesAPreferredSharesuponeachClosingascontemtedundertheTransaction sand(ii)theConversionSharesuponconversioninaccordancewiththetermsandconditionsoftheRestatedMemorandumandtheRestatedArticles,asthecasemaybe,andanydirectorofthebeandisherebyauthorisedtosign,deliverandissuesharesbearingthelegendprescribedintheSharePurchaseAgreementandtheShareholdersAgreementrepresentingsuchSeriesAPreferredSharesandOrdinaryShares,asITISFURTHERRESOLVEDTHAT,anydirectororofficerisherebyauthorizedanddirectedtoprepareorcausetobepreparedandfiledwiththeCaymanIslandsRegistrarofCompaniesandanyotherapplicableernmentalagencies,suchapplications,noticesorregistrationsassuchofficers,inconsultationwithlegalcounsel,deemnecessaryorappropriateonnectionwithissuanceofSeriesAPreferredSharesapprovedbytheseISSUANCEOFCERTAINITISNOTEDTHAT,thedesirestoissuetotheInvestorsthewarrantstosubscribeupto4,444,444SeriesA-1PreferredSharesorWarrantSharesasdefinedintheSharePurchaseAgreement(the“Warrants”)andtheInvestorsdesiretosubscribetheWarrantShares.ITISRESOLVEDTHAT,theWarrantstosubscribetheWarrantSharesbeauthorizedandapproved,andthatanydirectorofthebeandisherebyauthorizedtoapprove,execute,deliverandenterintoonbehalfofthetheWarrants.APPOINTMENTOFITISHEREBYRESOLVEDTHAT,contingentandeffectiveimmediayupontheInitialClosingcontemtedundertheTransaction s,ChenRuiisappointedasadirectorofthe,servingonthe’sBoardofDirectors(the“Board”)astheLCInvestorDirector(asdefinedintheRestatedArticles).ITISFURTHERRESOLVEDTHAT,contingentandeffectiveimmediayupontheInitialClosingcontemtedundertheTransaction s,eachofMr.CHENGChunTak(),Mr.ShengnanLI(,Mr.WangKai,Mr.HuJunzheisappointedasadirectorofthebytheMajorityOrdinaryHolders(asdefinedintheRestatedArticles)suchthat,contingentandeffectiveimmediayupontheInitialClosingcontemtedundertheTransaction s,thshallconsistofMr.CHENGChunTak(),Mr.ShengnanLI(,Mr.WangKai,Mr.HuJunzheandChenRui.ITISFURTHERRESOLVEDTHAT,contingentandeffectiveimmediayupontheInitialClosingcontemtedundertheTransaction s,the’sofficeproviderbeandisherebyinstructedandauthorizedtoupdatetheregisterofdirectorsoftheandtomakesuchfilingswiththeRegistrarofCompaniesoftheCaymanIslandasnecessarytoreflectsuchappointmentofdirectors.OMNIBUSITISHEREBYRESOLVEDthatanydirectorofthebeandherebyisauthorizeda