NOW, THEREFORE, the parties hereto hereby agree as follows:
1 Appointment of the Underwriters
1.1 Underwriters
The Company hereby appoints the Lead Underwriter to manage and arrange for the Offering and the Underwriters to procure subscribers to subscribe for or, failing which, to subscribe by each of the Underwriters for all the Offered Shares, in accordance with all applicable laws and regulations, the terms and conditions of this Agreement and Registration Statement (as defined in Clause 3) and the prospectus prepared in the form and substance as prescribed by the SEC in respect of the issuance and sale of the Offered Shares, which became effective prior to the first day of the offering period , as amended or supplemented from time to time (the “Prospectus”), and the Lead Underwriter and the Underwriters accept such appointment.