Common use of Before Party Clause in Contracts

Before Party. A (or its designated third parties) exercises the option and acquire 100% equity or assets of Beijing Technology, unless as expressly approved in writing by Party A (or its designated third parties), Party B may not by individually or jointly: (a) in any way make any additions, changes or modifications to the constitutional documents of Beijing Technology that may cause material adverse effect on the asset, liability, operation, equity interest or other legitimate rights of NetQin Technology (except for same percentage increment for compliance with the law), or on the effective performance of this Agreement, and other agreements executed by Party A, Party B and Beijing Technology; (b) procure Beijing Technology to conclude any transaction that may have material adverse effect on the asset, liability, operation, equity interest and other legitimate rights of Beijing Technology (unless as arising from normal or daily business process or as disclosed to and expressly approved in writing by Party A in advance); (c) procure the shareholders meeting of Beijing Technology to adopt any resolution of distribution of any dividend and bonus; (d) sell, transfer, charge or otherwise dispose of any legitimate or beneficiary interest of any equity interest of Beijing Technology, or permit any other security interest to be set thereon at any time following the effectiveness of this Agreement; (e) procure a shareholders meeting of Beijing Technology to approve the sale, transfer, charge or otherwise disposal of any legitimate and beneficiary interests of any equity, or permit any other security interest to be set thereon; (f) cause a shareholders meeting of Beijing Technology to approve any consolidation or association of Beijing Technology with any other person, or acquisition of any person or investment in any person, or reorganization in any other form; or (g) voluntarily wind up, liquidate or dissolve Beijing Technology.