Each of Mr. David Wanqian Liu and Xx. Xxx Xxxxx shall be a member of the Company’s board of directors;
Each of Mr. Ou Xxx Xxx and Xx. Xxxxxxxx Xxx agrees that he will not at any time directly or indirectly sell, transfer, pledge, encumber, assign or otherwise dispose of any of his equity interest in Thousand and Bright respectively to any Person during the six (6)-month period described in Section 3.2.2 above. Any purported transfer which is not in accordance with the terms and conditions of above Sections 3.2.1, 3.2.2 and 3.2.3 shall be, to the fullest extent permitted by law, null and void ab initio and, in addition to other rights and remedies at law and in equity, the Investor shall be entitled to injunctive relief enjoining the prohibited action.
Each of Mr. Xxxxxx Xxxst and Mr. Xxx Xxxxxx xxxll have entered into an employment agreement and a noncompetition agreement in substantially the form attached as Exhibit 4.
Each of Mr. Wei Wang and Ms. Wei Lu further irrevocably covenants and undertakes that he or she shall devote substantially all of his or her working time and effort to the business and operations of the Group as carried on from time to time.
Each of Mr. Mo and SouFun Holdings hereby undertakes and warrant and that, unless otherwise agreed by the Listed Company and/or its subsidiaries or set forth in Section 4, during the term provided under Article 3.4:
Each of Mr. Jun Hou and Mr. Congwu Cheng (each a “Management Shareholder” and collectively the “Management Shareholders”) severally but not jointly represents and warrants as to and in respect of himself to, and agrees with, each of the Underwriters and the Company that:
Each of Mr. Pearlman and Mr. Jenkins, severally with respect to himself, hereby xxxxxxxx: (a) hix xxxxxxx xo serve on the Board immediately upon Full Execution pursuant to Section 1.1(b)(2) hereof; (b) his agreement that, in addition to the information he has provided to the Company in connection with the review of his candidacy by the Board and its Nominating and Corporate Governance Committee (the "Governance Committee"), he shall provide to the Company such additional information as it may from time to time reasonably request in order for the Company to be able to fulfill its disclosure obligations under applicable law and stock exchange requirements (collectively, "Applicable Legal Requirements").
Each of Mr. Xxxxx xxx H&H on the one hand and Oakhurst and its subsidiaries on the other hand hereby releases, remises, acquits and forever discharges the other and each of the other's heirs, administrators, personal representatives, successors and assigns, of and from any and all claims, demands, losses, damages, actions or causes of action, known or unknown, now existing or hereafter existing, relating to, or arising out of that certain Employment Agreement between H&H and Mr. Xxxxx dated as of November 1, 1993.
Each of Mr. Xxxxxxx Xxxxx, Xx. Xxxxxx Xx and Xx. Xxxxxxxxx Xxxx undertakes with the Purchaser (for itself and as trustee for each Group Company) that (except with the consent in writing of the Purchaser):
Each of Mr. Ma (as Management Members Representative, as defined in the New Shareholders Agreement by and between the Company, Yahoo!, SoftBank, the Management Members (as defined therein) and certain other shareholders of the Company, dated as of September 18, 2012), SoftBank and Yahoo! had given prior notice to the Company that he/it consented to each Director who had an interest in approving the resolutions below; Alibaba Group Holding Limited Board of Directors Resolutions in Writing Exercise by Alipay HoldCo of Real Estate Option and Transfer of Bonus Points Business
