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As of the date of this Agreement, 1 ordinary share is issued and outstanding, which has been duly authorized and is validly issued, totally paid and non-assessable, and freed from any preemptive rights in respect thereof and which is owned by Parent. The fair market value of the belongings of every funded Company Employee Plan, the legal responsibility of every insurer for any Company Employee Plan funded by way of insurance or the guide reserve established for any Company Employee Plan, along with any accrued contributions, is sufficient to acquire or provide for the accrued benefit obligations, as of the Closing, with respect to all current or law firm Iceland former individuals in such plan according to the actuarial assumptions and valuations most lately used to determine employer contributions to such Company Employee Plan and no transaction contemplated by this Agreement shall cause such belongings or insurance obligations to be less than such benefit obligation No Action or administrative continuing is pending or, to the information of the Company, threatened with respect to any Company Employee Plan or towards the property thereof , and no reality or event exists that might give rise to any such lawsuit, motion, continuing or claim. All employer and employee contributions to each Company Employee Plan required by applicable law firm Iceland or by the terms of such Company Employee Plan have been made, or, if applicable, law firm Spain accrued in accordance with regular accounting practices. The excellent odd share of Merger Sub is, and immediately previous to the Effective Time shall be, owned by Parent, free and away from all Liens.
Represents Shares represented by ADSs and Shares issuable upon the exercise of Company Options held by Mr. Fan exercisable within 60 days from the date of this proxy assertion. Yang exercisable within 60 days from the date of this proxy assertion. Wang exercisable inside 60 days from the date of this proxy statement. Represents Shares issuable upon the train of Company Options held by Mr. Represents Shares represented by ADSs and Shares issuable upon the train of Company Options held by Mr. Represents Shares represented by ADSs and Shares issuable upon the train of Company Options held by Mr. Represents Shares and Shares issuable upon the exercise of Company Options held by Mr. Zhu exercisable inside 60 days from the date of this proxy assertio Jin exercisable within 60 days from the date of this proxy assertion.
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