Common use of Valid Choice of Law Clause in Contracts

Valid Choice of Law. The choice of laws of the State of New York as the governing law of this Agreement is a valid choice of law under the laws of the Cayman Islands and will be honored by the courts of the Cayman Islands, subject to the restrictions described under the caption “Risk Factors—Certain judgments obtained against us by our shareholders may not be enforceable” in the Registration Statement, the Pricing Disclosure Package and the Prospectus. The Company has the power to submit, and pursuant to Section 18(e) of this Agreement, has legally, validly, effectively and irrevocably submitted, to the personal jurisdiction of each New York state and United States federal court sitting in the City of New York and has validly and irrevocably waived any objection to the laying of venue of any suit, action or proceeding brought in such court.

Valid Choice of Law. The choice of laws of the State of New York as the governing law of this Agreement is a valid choice of law under the laws of the Cayman Islands and will be honored by the courts of the Cayman Islands, subject to the restrictions described under the caption “Risk Factors—Certain judgments obtained against us by our shareholders may not be enforceableEnforceability of civil liabilities” in the Registration Statement, the Pricing Disclosure Package and the Prospectus. The Company Such Selling Stockholder has the power to submit, and pursuant to Section 18(e) 18 of this Agreement, has legally, validly, effectively and irrevocably submitted, to the personal jurisdiction of each New York state and United States federal court sitting in the City of New York and has validly and irrevocably waived any objection to the laying of venue of any suit, action or proceeding brought in such court.

Valid Choice of Law. The choice of laws of the State of New York as the governing law of this Agreement is a valid choice of law under the laws of the Cayman Islands and will be honored by the courts of the Cayman Islands, subject to the restrictions described under the caption “Risk Factors—Certain judgments obtained against us by our shareholders may not be enforceable” in the Registration Statement, the Pricing Disclosure Package and the Prospectus. The Company Selling Shareholder has the power to submit, and pursuant to Section 18(e18(c) of this Agreement, has legally, validly, effectively and irrevocably submitted, to the personal jurisdiction of each New York state and United States federal court sitting in the City of New York and has validly and irrevocably waived any objection to the laying of venue of any suit, action or proceeding brought in such court.

Valid Choice of Law. The choice of laws of the State of New York as the governing law of this Agreement the Transaction Documents is a valid choice of law under the laws of Cayman Islands, the Cayman Islands PRC and will be honored by the courts of Cayman Islands and the Cayman IslandsPRC, subject to the restrictions described under the caption “Risk Factors—Certain judgments obtained against us by our shareholders may not be enforceableEnforceability of Civil Liabilities” in the Registration Statement, the Pricing Disclosure Package and the Prospectus. The Company Such Selling Shareholder has the power to submit, and pursuant to Section 18(e18(c) of this Agreement, has legally, validly, effectively and irrevocably submitted, to the personal jurisdiction of each New York state and United States federal court sitting in the City of New York and has validly and irrevocably waived any objection to the laying of venue of any suit, action or proceeding brought in such court.

Valid Choice of Law. The choice of laws of the State of New York as the governing law of this Agreement the Transaction Documents is a valid choice of law under the laws of Cayman Islands, the Cayman Islands PRC and will be honored by the courts of Cayman Islands and the Cayman IslandsPRC, subject to the restrictions described under the caption “Risk Factors—Certain judgments obtained against us by our shareholders may not be enforceableEnforceability of Civil Liabilities” in the Registration Statement, the Pricing Disclosure Package and the Prospectus. The Company has the power to submit, and pursuant to Section 18(e18(c) of this Agreement, has legally, validly, effectively and irrevocably submitted, to the personal jurisdiction of each New York state and United States federal court sitting in the City of New York and has validly and irrevocably waived any objection to the laying of venue of any suit, action or proceeding brought in such court.

Valid Choice of Law. (mmm) The choice of laws of the State of New York as the governing law of this Agreement the Transaction Documents is a valid choice of law under the laws of Cayman Islands, the Cayman Islands PRC and will be honored by the courts of Cayman Islands and the Cayman IslandsPRC, subject to the restrictions described under the caption “Risk Factors—Certain judgments obtained against us by our shareholders may not be enforceableEnforceability of Civil Liabilities” in the Registration Statement, the Pricing Disclosure Package and the Prospectus. The Company has the power to submit, and pursuant to Section 18(e16(c) of this Agreement, has legally, validly, effectively and irrevocably submitted, to the personal jurisdiction of each New York state and United States federal court sitting in the City of New York and has validly and irrevocably waived any objection to the laying of venue of any suit, action or proceeding brought in such court.

Valid Choice of Law. The choice of laws of the State of New York as the governing law of this Agreement is a valid choice of law under the laws of the Cayman Islands and will be honored by the courts of the Cayman Islands, subject to the restrictions described under the caption “Risk Factors—Certain judgments obtained against us by our shareholders may not be enforceable” in the Pre-Effective Registration Statement, the Pricing Disclosure Package Registration Statement, the Preliminary Prospectus and the Prospectus. The Company has the power to submit, and pursuant to Section 18(e) of this Agreement, has legally, validly, effectively and irrevocably submitted, to the personal jurisdiction of each New York state and United States federal court sitting in the City of New York and has validly and irrevocably waived any objection to the laying of venue of any suit, action or proceeding brought in such court.

Valid Choice of Law. The choice of laws of the State of New York as the governing law of this Agreement is a valid choice of law under the laws of the Cayman Islands and will be honored recognized and upheld by the courts of the Cayman Islands, subject to the restrictions described under the caption “Risk Factors—Certain judgments obtained against us by our shareholders may not be enforceableService of Process and Enforceability of Civil Liabilities” in the Initial Registration Statement, the Pricing Disclosure Package and the Prospectusother exceptions including but not limited to fraud, public policy, and natural justice. The Company has the power to submit, and pursuant to Section 18(e) 10.2 of this Agreement, has legally, validly, effectively and irrevocably submitted, to the personal jurisdiction of each New York state and United States federal court sitting in the City of New York and has validly and irrevocably waived any objection to the laying of venue of any suit, action or proceeding brought in such court.