CMC Capital definition
Examples of CMC Capital in a sentence
Each of the Key Employees (including but not limited to the Founders) of the Group Companies shall have executed an employment agreement (with a term not less than three years from the Closing), a confidentiality and invention assignment agreement and a non competition agreement with any of the WFOEs or Domestic Companies, substantially in the forms set forth in Exhibit H attached hereto, and copies thereof shall have been delivered to CMC Capital.
Unless required by applicable Law (including the applicable rules of any stock exchange), without the prior written approval of CMC Capital, none of the Warrantors shall make, or cause to be made, any press release, public announcement or other disclosure to any third party in respect of this Agreement, or CMC Capital’s subscription of any Equity Securities of the Company.
Notwithstanding the foregoing sentence, if the Closing occurs, the Warrantors shall promptly reimburse all reasonable costs and expenses (including fees and expenses for lawyers, accountants and technical consultants) (the “Transaction Expenses”) incurred by CMC Capital in an aggregate amount not in excess of US$120,000 within fifteen (15) Business Days after CMC Capital has provided the Company with evidence of the Transaction Expenses.
CMC Capital and Wu Capital shall cause their nominee shareholders of the Domestic Companies to enter into the revised Control Documents concurrently with the closing of the Domestic Companies Equity Transfers.
Any transfer of CMC Capital Stock by the Company to any Subsidiary of the Company shall be subject to such pledge, and the Company shall cause any such transferee to enter into a pledge agreement in substantially the form attached to this Indenture as Exhibit C.