投資框架協(xié)議(中英文版)

1、保密文件/Private and Confidential投資框架協(xié)議INVESTMENT FRAMEWORK AGREEMENT本投資框架協(xié)議（以下簡稱“協(xié)議”）由下述雙方于2013年_月_日簽訂:THIS INVESTMENT FRAMEWORK AGREEMENT (“Agreement”) is entered into as on this Date, 2013 between:出售方：Ä (以下簡稱“Ä”或“甲方”)；The Vendor: Ä (“Ä” or “Party A”); 投資方：ABC有限公司(以下簡稱“ABC”或“乙方”)。T

2、he Investor: LAP WAI INTERNATIONAL LTD. (“LWI” or “Party B”).鑒于：WHEREAS:A 香港聯(lián)港投資有限公司（以下簡稱“目標公司”）為一家依據(jù)中華人民共和國香港特別行政區(qū)法律成立的公司，甲方擁有目標公司100%的股份。UNION HARBOUR INVESTMENT LIMITED (“Target Company”) is a company established under the laws of Hong Kong Special Administrative Region of the People's Republ

3、ic of China. Target Company is owned as to 100% by Party A.B 目標公司在中國（僅為本協(xié)議之目的，中國不包括香港特別行政區(qū)、澳門特別行政區(qū)和臺灣）境內(nèi)擁有XXX有限公司（以下簡稱“XXX”） 90%的股權(quán)。XXX與舟山市民政局合作成立了YYY（以下簡稱“YYY”）（XXX以及YYY合稱為“目標公司中國子公司”）Target Company owns 90% of equity interests of XXX(“XXX”) in PRC (for the purpose only of this Agreement, PRC shall

4、 exclude Hong Kong Special Administrative Region, Macau Special Administrative Region and Taiwan). XXXand Zhoushan Civil Affairs Bureau cooperated and established YYY (“YYY”) (XXXand YYY collectively referred as “PRC Subsidiaries”).因此，根據(jù)下面的承諾、約定、條件條款、聲明和保證，雙方同意如下：NOW THEREFORE in consideration of th

5、e promises, covenants, terms, conditions representations and warranties hereinafter set forth, the parties hereto agree as follows:1. 目標/OBJECTIVE1.1 甲方和乙方希望就乙方(或通過其關聯(lián)公司)收購由甲方所擁有的目標公司的100%股權(quán)(以下簡稱“擬定交易”)進行磋商。Party A and Party B desire to discuss the purchasing by Party B (or through its affiliates) 1

6、00% of the equity of Target Company owned by Party A (the “Proposed Transaction”).1.2 本協(xié)議的目的系明確甲乙雙方就擬定交易已達成一致的及相關進一步安排的約定。The purpose of this Agreement is to record certain aspects of the Proposed Transaction that the Parties mutually acknowledge and to outline future arrangements to be undertaken b

7、y the Parties in relation to the Proposed Transaction.2. 擬定交易/PROPOSED TRANSACTION2.1 就擬定交易，甲、乙雙方預計可行的主要交易條款如下：In respect of the Proposed Transaction, the Parties anticipate that the main viable terms and conditions are as follows:(a) 乙方擬以人民幣7000萬元的價格(“收購價款”)，通過其自身或其關聯(lián)公司向甲方購買甲方所擁有的目標公司100%的股權(quán)。Party

8、B will, through itself or its affiliates, purchase 100% of the equity of Target Company owned by Party A at a price of RMB70,000,000 (the “Purchase Price”).(b) 乙方（或其關聯(lián)公司）向甲方支付的首期收購價款的金額為人民幣3500萬元（“首期款”），剩余的收購價款人民幣3500萬元在擬定交易完成后的第十八（18）個月期滿后支付。若在此期間，乙方發(fā)現(xiàn)目標公司及其中國子公司在擬定交易完成前存在未披露債務或甲方違反任何相關陳述保證與承諾而導致目標

9、公司及其中國境內(nèi)子公司承受損失，則乙方有權(quán)從剩余的收購價款中扣除損失并追究甲方的違約責任。The first installment of the Purchase Price to be paid by Party B or its affiliates to Party A shall be RMB35,000,000 (“First Installment”). The residual Purchase Price RMB35,000,000 shall be paid after eighteenth (18th) month from the completion of the P

10、roposed Transaction. During such period, provided that Party B becomes aware of the existence of undisclosed indebtedness incurred by the Target Company and its PRC Subsidiaries prior to the completion of the Proposed Transaction or Party A breaches any relevant representation and warrant, which cau

11、se any loss to the Target Company and its PRC Subsidiaries, Party B shall have the right to deduct the amount of such loss from the residual Purchase Price and hold Party A accountable for any breach liability.雙方應于首期款支付后【三（3）】個工作日內(nèi)共同完成目標公司股東變更手續(xù)。Both Parties shall complete the procedures for the cha

12、nge of the shareholders of the Target Company within three (3) working days after the payment of First Installment. (c) 首期款支付的先決條件包括但不限于以下條件：The preconditions for the payments of the First Installment shall include but not limited to the following:(i) 簽署甲方和乙方認可的法律文件，包括但不限于：股份轉(zhuǎn)讓協(xié)議（目標公司及甲方做出的陳述和保證和其他條

13、款令乙方滿意）、股東會/股東大會/董事會決議和修改后的目標公司及其中國境內(nèi)子公司章程等；其中，甲方應當促使并確保XXX以令乙方滿意的格式和內(nèi)容修改其公司章程，包括但不限于以下內(nèi)容：Execution of the legal documents to the satisfaction of Party A and Party B, including but not limited to: Share Purchase Agreement with representations and warrants made by the Target Company and Party A and o

14、ther terms and conditions satisfactory to Party B, shareholders/shareholders meeting/board resolutions and revised Memorandum & Articles of Association of the Target Company and its PRC Subsidiaries; Among which, Party A shall procure and ensure XXXto revise its Article of Association in the for

15、ms and contexts to the satisfaction of Party B, including but not limited to the following contexts:l 將XXX公司章程第三十八條中有關公司利潤分配的條款，補充修改為“在公司合營期限內(nèi)的前三十年中，公司可分配利潤的20%將無償捐贈給普陀山管理局作為風景區(qū)建設發(fā)展基金，剩余利潤按出資比例分配；在公司合營期限內(nèi)的后二十年中，公司可分配利潤按照各股東的合資比例進行分配，無需進行捐贈?！盩he Clause 38 of the Article of Association of XXXregarding

16、 the profits distribution shall be revised as “In the first thirty years within the duration of the Joint Venture, 20% of the allocable profits of the Joint Venture shall be donated to Putuo Mountain Administration Bureau as the construction development foundation for the scenic area; In the latter

17、twenty years within the duration of the Joint Venture, any allocable profits of the Joint Venture shall be distributed per capita among the shareholders without donations.”l 將XXX公司章程第三十九條中有關公司合資期限的條款補充修改為“各股東一致同意，應在合營期限屆滿六個月之前向?qū)徟鷻C構(gòu)申請延長合資經(jīng)營期限?！盩he Clause 39 of the Article of Association of XXXregardi

18、ng to the duration of the Joint Venture shall be revised as “Shareholders unanimously agree that the Joint Venture shall submit an application to the approving authority for the extension of the duration of the Joint Venture no less than six months prior to the expiry of the duration.”l 將XXX公司章程第四十條

19、中有關公司合資期滿財產(chǎn)處理的條款補充修改為“清算后財產(chǎn)按照各方出資比例分配?！盩he Clause 40 of the Article of Association of XXXregarding to the liquidation upon the expiry of the duration of the Joint Venture shall be revised as “The properties of the Joint Venture shall be distributed per capita among the shareholders after the liquida

20、tion.”(ii) 按乙方的要求完成法律、財務、資產(chǎn)或其他形式的盡職調(diào)查，且調(diào)查結(jié)果令乙方滿意；Completion of legal, financial, assets or other types of due diligence in accordance with the requirements of Party B and the results of such due diligence satisfactory to Party B;(iii) 根據(jù)乙方的要求，目標公司及其中國境內(nèi)的子公司完成所有必要的重組并通過有關的政府和主管部門的審批程序；In accordance w

21、ith the requirements of Party B, the target company and its PRC Subsidiaries have completed all the necessary restructuring for their legal structures and such restructuring has been approved by the relevant governmental authorities; (iv) 甲方應當促使并確保XXX成立時的兩個中方股東將其作價出資的土地使用權(quán)過戶至XXX名下；Party A shall proc

22、ure and ensure two Chinese shareholders as on the date of the establishment of XXXtransfer their land usage rights to Zufu Garden, which have been previously used as the capital investments towards Zufu Garden;(v) 甲方應明確承諾，目標公司及其中國境內(nèi)子公司均沒有賬外負債；Party A shall definitely warrant that the Target Company

23、and its PRC Subsidiaries have no indebtedness that is not recorded in their financial books and management accounts.(vi) 在盡調(diào)完成后需要甲方、目標公司及其中國境內(nèi)子公司完成的其他事項。Other particulars that is necessary to be completed by Party A, the Target Company and its PRC Subsidiaries after due diligence.2.2 甲、乙雙方同意各自承擔其根據(jù)適

24、用法律可能產(chǎn)生的與擬定交易相關的任何稅務負擔。Both Parties agree to respectively undertake any of its possible taxation liability under the Applicable Law in relation to the Proposed Transaction.2.3 甲、乙雙方進一步明確，若在擬定交易交割之前，產(chǎn)生任何可能被合理期待的、能對目標公司及其中國境內(nèi)子公司的前景、商業(yè)、業(yè)務或財務狀況造成重大實質(zhì)不利影響的事件或情形（“重大不利影響”），則乙方有權(quán)對收購價款的估值進行調(diào)整或者單方解除擬定交易，而無需承擔

25、任何責任。為避免疑義，甲、乙方一致同意，在任何條件下不提高收購價款。The Parties further ascertain that if prior to the close of the Proposed Transaction there is any event or circumstance which occurs that might reasonably be expected to have a material adverse effect on the prospects, business, operations or financial condition of

26、Target Company and its PRC Subsidiaries (“Material Adverse Effects”), the Party B shall have the right to revaluate the Purchase Price or unilaterally rescind the Proposed Transaction with no liabilities. For the avoidance of doubt, the Parties hereby confirm that in no event shall there be any incr

27、ease in the Purchase Price.2.4 本協(xié)議第2.2條中所約定的“重大不利影響”包括但不限于：The Material Adverse Effects as defined in Clause 2.2 shall include but not limited to:(a) 政治、宏觀經(jīng)濟和/或社會環(huán)境已經(jīng)或者將發(fā)生重大變化；Politics, macroeconomics and/or social environment has been or will be changed significantly;(b) 目標公司及其中國境內(nèi)子公司的經(jīng)營模式、主營業(yè)務的結(jié)構(gòu)已

28、經(jīng)或者將發(fā)生重大變化；The operation models, the structure of major business of the Target Company and its PRC Subsidiaries has been or will be changed significantly;(c) 目標公司及其中國境內(nèi)子公司的行業(yè)地位或所處行業(yè)的經(jīng)營環(huán)境已經(jīng)或者將發(fā)生重大變化；The industry ranking or the business environment of the Target Company and its PRC Subsidiaries has be

29、en or will be changed significantly;(d) 乙方在合理的考慮一切情形之后，認為存在對目標公司及其中國境內(nèi)子公司有或可能有顯著不利影響的情形。After taking into the considerations of all the circumstances, Party B believes that there exist adverse effects, if any, to the Target Company and its PRC Subsidiaries.2.5 甲方向乙方陳述與保證于本協(xié)議簽訂之日以及于交割日(交割日將在最終交易文件中約定

30、)：The Party A hereby represents and warrants to the Party B as at the date of this Agreement and as at the Closing Date (to be defined in definitive transaction documents) as follows:(a) 目標公司及其中國境內(nèi)子公司是合法成立并存續(xù)的，其股本金已經(jīng)足額實繳，擁有合法的資質(zhì)，并依法進行年檢；The Target Company and its PRC Subsidiaries, with legitimate qu

31、alifications, have been duly incorporated, validly existing, duly conducted required annual inspections in accordance with the laws and its registered capital have been fully paid; (b) 目標公司及其中國境內(nèi)子公司持有其現(xiàn)有資產(chǎn)以及開展現(xiàn)行業(yè)務所需的全部執(zhí)照、批文和許可，公司所有權(quán)/存續(xù)的合法性、財務狀況、盈利、業(yè)務前景、聲譽或主營業(yè)務未出現(xiàn)重大不利變化或涉及潛在重大不利變化的任何情況；The Target Com

32、pany and its PRC Subsidiaries possess all the necessary certifications, approvals and permits to hold its current assets and conduct current business; there exists no Material Adverse Effect or other circumstance in relating to the potential Material Adverse Effect on the equity ownership/valid exis

33、ting, financial situation, profits, business forward- looking, reputations or the major business of the Target Company and its PRC Subsidiaries;(c) 目標公司及其中國境內(nèi)子公司除其目前在正常業(yè)務過程中所從事的業(yè)務活動外，不進行其它任何業(yè)務活動，亦不終止或改變目前進行的業(yè)務活動；Except for the business activities conducted within the current due business process, Ta

34、rget Company and its PRC Subsidiaries shall not engage in other business activities, or terminate or change the current business activities; (d) 目標公司及其中國境內(nèi)子公司將采取所有合理措施保持及保護其資產(chǎn)，不進行任何單獨或合計500萬元以上的資產(chǎn)轉(zhuǎn)讓。對公司資產(chǎn)轉(zhuǎn)讓的限制應當以乙方的書面同意為豁免；The Target Company and its PRC Subsidiaries shall take all reasonable measure

35、s to maintain and protect its assets and shall not conduct assets transfer with valuation exceeding the amount of RMB5,000,000 individually or collectively. Such restriction to the transfer of its assets shall be exempted subject to written confirmation by Party B;(e) 目標公司中國境內(nèi)子公司不增加或減少其注冊資本。目標公司不發(fā)行任

36、何股份或其它可以轉(zhuǎn)換成股份或帶有股份認購權(quán)的證券等任何可能導致將來發(fā)行新股或造成乙方在公司的股權(quán)被稀釋的行為，亦不宣布或支付任何股利（無論是期末的還是期中的）或其它分配，重組及上市所需求的股權(quán)架構(gòu)調(diào)整除外；The PRC Subsidiaries of the Target Company shall not increase or decrease its registered capital. Except for the equity structure adjustments necessary for the restructuring and public offering, Ta

37、rget Company shall not announce or pay any dividends (whether in end-term or mid-term) or other distributions and shall not issue any share or other securities convertible to its shares or carrying a call option to purchase its shares which might results the issuance of new shares of the Target Comp

38、any or diluting the equity interest held by Party B in the Target Company; (f) 目標公司及其中國境內(nèi)子公司不進行、允許進行或促成任何將構(gòu)成或引起違反任何保證的任何作為或不作為； The Target Company and its PRC Subsidiaries shall not conduct, permit to conduct or procure any activity or inactivity which may cause or lead to any breach of the warrants

39、; (g) 目標公司及其中國境內(nèi)子公司應將其知曉的并且可能對目標公司及其中國境內(nèi)子公司業(yè)務的特點和性質(zhì)有重大影響的有關事項的任何公告或其它信息通知乙方；The Target Company and its PRC Subsidiaries shall inform Party B regarding any announcement or other information of relevant matters known by them which may cause significant impact to the attributes and nature of the busine

40、ss of the Target Company and its PRC Subsidiaries.(h) 目標公司及其中國境內(nèi)子公司應向乙方提供公司的月度和季度管理報表及經(jīng)審計的年度報表；The Target Company and its PRC Subsidiaries shall provide their monthly and seasonally management reports and audited annual report to Party B. (i) 目標公司及其中國境內(nèi)子公司不修改財務制度或財務年度；The Target Company and its PRC

41、Subsidiaries shall not change their financial policies or the calendar of its fiscal year;(j) 目標公司及其中國境內(nèi)子公司向乙方所出示、提供、移交的有關公司資產(chǎn)和負債等全部財務資料及數(shù)據(jù)均為合法、真實、有效；All the financial data and figures regarding the assets, debts and other information of the Target Company and its PRC Subsidiaries, which were shown,

42、 provided and transferred to Party B, are legitimate, authentic and effective;(k) 目標公司及其中國境內(nèi)子公司不存在任何隱性債權(quán)債務糾紛，未有潛在的或正在提起的針對任何一方的重大的訴訟、法律程序、索賠或行政處罰；The Target Company and its PRC Subsidiaries do not have any undisclosed debt disputes or any potential or undergoing major law suits, legal proceedings, c

43、laims or administrative penalty against any party;(l) 目標公司及其中國境內(nèi)子公司應當按時協(xié)助乙方或乙方委托的機構(gòu)完成盡職調(diào)查；The Target Company and its PRC Subsidiaries shall assist Party B or other agency designated by Party B to complete due diligence; (m) 交割完成日之前所有與目標公司及其中國境內(nèi)子公司相關的法律及其它風險，均由甲方或目標公司的實際控制人無條件承擔；All the legal and oth

44、er types of risks of the Target Company and its PRC Subsidiaries prior to the closing shall be borne by the Party A or the actual controller of the Target Company;(n) 除公司目前已經(jīng)披露的事項外，目標公司及其中國境內(nèi)子公司不對其全部或任何部分的股本、不動產(chǎn)、資產(chǎn)或知識產(chǎn)權(quán)設定任何抵押、質(zhì)押、債務負擔或其它任何性質(zhì)的擔保權(quán)益，亦不進行任何轉(zhuǎn)讓。Except for the currently disclosed matters, t

45、he Target Company and its PRC Subsidiaries do not set any mortgage, pledge, debt encumbrance or other secured interest in any nature or conduct any transfer on whole or part of its equity, real-property, assets or intellectual property2.6 乙方將在本協(xié)議簽署之日起二十（20）日內(nèi)向甲方支付本次擬定交易的意向金人民幣200萬元整（“收購意向金”）；收購意向金在甲

46、方與乙方就擬定交易簽署最終明確的交易文件且該等交易文件生效時，自動轉(zhuǎn)為收購價款的組成部分。Within twenty (20) days from the execution of this Agreement, Party B shall pay RMB2,000,000 to Party A as the earnest money of this Proposed Transaction (“Earnest Money”); Such Earnest Money shall be automatically converted into the Purchase Price upon t

47、he execution and the effectiveness of the final definitive transaction documents of the Proposed Transaction. 2.7 除本協(xié)議另有規(guī)定外，若自本協(xié)議簽訂之日起至2013年9月30日，甲方與乙方無法就擬定交易簽訂正式股權(quán)轉(zhuǎn)讓協(xié)議等一系列最終明確的交易文件，乙方有權(quán)向甲方或目標公司出具書面解除通知書，解除本協(xié)議，甲方應在本協(xié)議解除之日起五(5)日內(nèi)將收購意向金全額退還給乙方。 Notwithstanding other Clauses in this Agreement, provided

48、 that from the execution of this Agreement till September 30, 2013, Party A and Party B are still unable to execute a series of final definitive transaction documents including the Equity Transfer Agreement for the Proposed Transaction, Party B shall have the right to present a written notice to Par

49、ty A or Target Company to terminate this Agreement. Party A shall return the Earnest Money in full to Party A within five (5) days from the termination date of this Agreement.2.8 在本協(xié)議簽署后，甲方同意授予乙方對目標公司及目標公司中國境內(nèi)子公司進行法律、財務盡職調(diào)查的權(quán)利。該等法律、財務盡職調(diào)查的期限為期四(4)個月。在乙方完成上述盡職調(diào)查之后，將最終確認是否繼續(xù)本協(xié)議項下之擬定交易。After the signin

50、g of this Agreement, Party A agrees to grant Party B the right to conduct the legal and finance Due Diligence of Target Company and its PRC Subsidiaries for four (4) months. After the said Due Diligence is finished by Party B, it will be finally confirmed whether the Proposed Transaction contemplate

51、d by this Agreement to be continued or not.2.9 若乙方在完成上述法律、財務盡職調(diào)查之后，仍決定繼續(xù)本協(xié)議項下之擬定交易的，則甲、乙雙方應進一步商討、簽署最終確定的交易文件。After the said legal and finance Due Diligence is finished by Party B, in the case that the Proposed Transaction contemplated by this Agreement is to be continued according to Party Bs decisi

52、on, the Parties will further negotiate and execute the final definitive transaction documents.2.10 甲、乙雙方已經(jīng)就關于擬定交易的時間進度表達成一致，參見附錄1。Both Parties have agreed on the timeline of the Proposed Transaction as set forth in Appendix 1.3. 保密/CONFIDENTIALITY收到信息一方應將從披露一方所獲得的與本協(xié)議所計劃的事項有關的一切信息予以保密，并且在未得到披露一方的事先書

53、面同意之前不得向任何人泄露或披露此類信息(向收到一方自己的雇員或關聯(lián)公司并且僅向需要知道此類信息的雇員或關聯(lián)公司透露則不在此列)。但是，本條款不適用于(i)收到一方合法擁有的信息，或(ii)在披露一方向收到一方透露之前已被公眾所知的信息。上述保密義務應在自本協(xié)議簽訂之日起持續(xù)有效三年。在未得到另一方的事先同意之前任何一方不得向第三方宣告或以任何其他方式透露有關本協(xié)議所計劃的事項。The receiving Party shall treat as confidential all information obtained by the disclosing Party in relation

54、to the matters contemplated by this Agreement and shall not divulge or disclose such information to any person (except to such receiving Partys own employees or affiliates and then only to those employees and affiliates who need to know the same) without the disclosing Partys prior written consent,

55、provided that this clause shall not extend to information which was (i) rightfully in the possession of the receiving Party, or (ii) already public knowledge prior to its disclosure to the receiving Party by the disclosing Party. The foregoing obligations as to confidentiality shall remain effective

56、 until three years after the date of this Agreement. Neither Party shall make announcements or any other disclosure to a third party in relation to the matters contemplated by this Agreement without the prior agreement of the other Party.4. 排他性/EXCLUSIVITY4.1 甲、乙雙方同意從簽署本協(xié)議起至本協(xié)議第8.1條所約定的終止日期止，甲方將不會與除

57、乙方之外的任何第三方以任何形式，就任何與本協(xié)議所載明雙方意圖進行的擬定交易實質(zhì)類似的合作項目，進行談判和/或簽署協(xié)議并產(chǎn)生合同關系。4.2 The Parties agree that from the date of signing this Agreement until the termination date as set forth in Clause 8.1 of this Agreement, Party A will not enter into negotiations and/or agreements and contractual relations regarding

58、 any cooperation to discuss or negotiate any other form of cooperation or business relationship which is substantially similar to the Proposed Transaction between the Parties as outlined in this Agreement with any other party than Party B.4.3 甲、乙雙方同意這種排他性義務并不禁止乙方及其關聯(lián)公司直接或間接地就其它投資機會、合資、戰(zhàn)略合作或聯(lián)盟、收購事宜進行

59、探討。The Parties agree such exclusivity obligation shall not forbid Party B and its affiliate from directly or indirectly conducting any negotiation regarding other investment opportunity, joint venture, strategic partnership or alliance, purchase.4.4 如未能遵守本協(xié)議第4.1條,在不影響適用法律規(guī)定可得的任何賠償?shù)那疤嵯拢杭追綄⑾蛞曳窖a償所有因擬定交易而產(chǎn)生的，不超過人民幣100萬元的合理費用。To the extent th