Common use of Fee Obligation Clause in Contracts

Fee Obligation. If, prior to May 13, 2016, or within twelve (12) months after the date of termination or expiration of the engagement letter between the Company and the Representative, dated May 13, 2015 (the “Engagement Letter”), the Company sells American Depositary Shares, Ordinary Shares or Ordinary Share Equivalents to investors contacted by the Underwriters, then the Company shall pay to the Underwriters, at the time of each such sale, the fees payable to the Representative as set forth in Section 1, but as applicable to such new sale(s). Upon the termination of the Engagement Letter and at the request of the Company, the Representative will provide the Company with a list of investors contacted by the Underwriters in their capacity as such. Notwithstanding anything in this Section 7.5 or the Agreement to the contrary, the Representative will comply with FINRA Rule 5110(f)(2)(D).

Fee Obligation. If, prior to May 13, 2016, or within twelve (12) months after the date of termination or expiration of the engagement letter between the Company and the Representative, dated May 13, 2015 (the “Engagement Letter”), the Company sells American Depositary Shares, Ordinary Shares or securities convertible into or exchangeable for the Ordinary Share Equivalents Shares to investors contacted by the Underwriters, then the Company shall pay to the Underwriters, at the time of each such sale, the fees payable to the Representative as set forth in Section 1, but as applicable to such new sale(s). Upon the termination of the Engagement Letter and at the request of the Company, the Representative will provide the Company with a list of investors contacted by the Underwriters in their capacity as such. Notwithstanding anything in this Section 7.5 or the Agreement to the contrary, the Representative will comply with FINRA Rule 5110(f)(2)(D).