Common use of Founders’ Commitment Clause in Contracts

Founders’ Commitment. Each Founder hereby undertakes to the Investors that he/she will devote his/her working time and attention exclusively to the business of the Group, and will use his/her best efforts to promote the Group’s interests unless his/her earlier resignation or an alternative arrangement is approved by the Investors. In addition, each Founder hereby undertakes that, after the Closing, it will remain employed by the Group Companies at least one (1) year after the QIPO, unless agreed otherwise by the Board (including the affirmative votes of the Majority Preferred Directors).