PROMOTERS AGREEMENT - JOINT STOCK COMPANY

[INSERTNAME][JOINTSTOCKLIMITEDCOMPANY]PROMOTERSAGREEMENTTABLEOFCONTENTSARTICLE1:DEFINITION..............................................................................................................1ARTICLE2:PROMOTERSTOTHISAGREEMENT...................................................................3ARTICLE3:NAMEANDREGISTEREDADDRESSOFTHECOMPANY;BRANCHES..............................................................................................................................3ARTICLE4:PURPOSEOFTHECOMPANY...............................................................................3ARTICLE5:BUSINESSSCOPEOFTHECOMPANY.................................................................4ARTICLE6:METHODOFESTABLISHMENTOFTHECOMPANY........................................4ARTICLE7:ORGANIZATIONOFTHECOMPANY..................................................................4ARTICLE8:REGISTEREDCAPITALOFTHECOMPANY.......................................................4ARTICLE9:TOTALSHARESOFTHECOMPANY...................................................................4ARTICLE10:PORTIONOFCONTRIBUTIONSBYTHEPROMOTERS................................5ARTICLE11:PREPARATIONANDESTABLISHMENT..........................................................5ARTICLE12:SUBMISSIONFORAPPROVAL..........................................................................6ARTICLE13:CAPITALINJECTIONANDVERIFICATION....................................................6ARTICLE14:THEFOUNDINGMEETING................................................................................6ARTICLE15:ISSUANCEOFBUSINESSLICENSE..................................................................7ARTICLE16:ARTICLESOFASSOCIATION............................................................................7ARTICLE17:TRANSFEROFSHARES......................................................................................8ARTICLE18:BOARDOFDIRECTORS.....................................................................................8ARTICLE19:OBLIGATIONSOFPROMOTERS.......................................................................8ARTICLE20:REPRESENTATIONS,WARRANTIESANDUNDERTAKINGSOFTHEPROMOTERS............................................................................9ARTICLE21:CONFIDENTIALINFORMATION....................................................................10ARTICLE22:FREECOMPETITION.........................................................................................11ARTICLE23:INTELLECTUALPROPERTYRIGHT..............................................................11ARTICLE24:ANNOUNCEMENTSANDNOTICES...............................................................12ARTICLE25:LIABILITIESFORBREACHANDINDEMNIFICATION...............................12ARTICLE26:LEGALEFFECT..................................................................................................12ARTICLE27:TERM...................................................................................................................12ARTICLE28:TERMINATION...................................................................................................13ARTICLE29:FORCEMAJEURE..............................................................................................13ARTICLE30:GOVERNINGLAWANDRESOLUTIONOFDISPUTES...............................13ARTICLE31:GENERAL............................................................................................................14APPENDIXI........................................................................................................................................16PROMOTERSAGREEMENTThispromotersagreement(the“Agreement”)ismadeon[insertthedate]amongandby1.[Nameofcompany],(“PartyA”),alegalpersondulyorganizedandexistingunderthelawsof[thePRC],andhavingitsdomicileat[inserttheregistrationaddress];itslegalrepresentativeis[insertthename]withthetitleof[insertthetitles]andthenationalityofChina;2.[Nameofcompany],(“PartyB”),alegalpersondulyorganizedandexistingunderthelawsof[thePRC],andhavingitsdomicileat[inserttheregistrationaddress];itslegalrepresentativeis[insertthename]withthetitleof[insertthetitles]andthenationalityofChina;3.CompanyC[nameofcompany],(“PartyC”),alegalpersondulyorganizedandexistingunderthelawsof[thePRC],andhavingitsdomicileat[inserttheregistrationaddress];itslegalrepresentativeis[insertthename]withthetitleof[insertthetitles]andthenationalityofChina.TheabovePartiesshallcollectivelybereferredtoasthe“Promoters”andindividuallyasa“Promoter”.WHEREAS1.Inordertopromotetheimplementationofthemodernenterprisesystem,speedupthedevelopmentoftherelevantindustryinChinaandestablishanentitycapableofcompetinginitsrelevantmarket,thePromotershereto,throughjointconsultation,havedecidedtosetupthe[Insertname][JointStockLimitedCompany](the“Company”)throughthepromotionmethodinaccordancewiththeCompanyLawofthePeople’sRepublicofChina(the“CompanyLaw”)andtheProvisionalRegulationsofotherrelevantlawsandregulation.2.Inordertomaintainthevalueoftheshareholders’equityintheComp