TIAN RUIXIANG HOLDINGS LTD (the “Issuer”) AND [TRUSTEE] (the “Trustee”) INDENTURE Dated as of [●], 20[●] Subordinated Debt SecuritiesTian Ruixiang Holdings LTD • January 20th, 2023 • Insurance agents, brokers & service • New York
Company FiledJanuary 20th, 2023 Industry JurisdictionINDENTURE, dated as of [●], 20[●], among TIAN RUIXIANG Holdings Ltd, a Cayman Islands company (the “Company”), and [TRUSTEE], as trustee (the “Trustee”).