公司股权认购协议(中英文)

AGREEMENTOFPREFERREDSTOCKFINANCING鉴于涉及此项投资的投资人已投入和将投入的时间和成本，无论此次融资是否完成，本条款清单之限制出售/保密条款、律师及费用条款对公司都具有强制约束力。未经各方一致签署并交付的最终协议，本条款清单之其他条款不具有强制约束力。本条款清单并非投资人进行投资的承诺，其生效以完成令投资人满意的尽职调查、法律审查和文件签署为条件。本条款清单各方面受特拉华州法律管辖。InconsiderationofthetimeandexpensedevotedandtobedevotedbytheInvestorswithrespecttothisinvestment,theNoShop/ConfidentialityandCounselandExpensesprovisionsofthisTermSheetshallbebindingobligationsoftheCompanywhetherornotthefinancingisconsummated.Nootherlegallybindingobligationswillbecreateduntildefinitiveagreementsareexecutedanddeliveredbyallparties.ThisTermSheetisnotacommitmenttoinvest,andisconditionedonthecompletionofduediligence,legalreviewanddocumentationthatissatisfactorytotheInvestors.ThisTermSheetshallbegovernedinallrespectsbythelawsoftheStateofDelaware.出资条款：OfferingTerms交割日：当公司接受此条款清单且交割条件完备时即尽快交割（“交割”）。（若需要多次交割，请与此写明。）ClosingDate:AssoonaspracticablefollowingtheCompany'sacceptanceofthisTermSheetandsatisfactionoftheConditionstoClosing（the“Closing”）.provideformultipleclosingsifapplicable投资人以及投资人和公司一致同意的其他投资人：Investors:InvestoraswellotherinvestorsmutuallyagreeduponbyInvestorsandtheCompany.融资金额：AmountRaised:$_,含由过渡贷款转换的本金及利息＄Including$fromtheconversionofprincipalandinterestonbridgenotes.每股价格：$每股(以下文所列公司资本结构表为依据)(“原始购买价”)PricePerShare:$pershare(basedonthecapitalizationoftheCompanysetforthbelow)(the“OriginalPurchasePrice”).融资前估价：原始购买价以充分稀释融资前估价$和融资后估价$为基础计算(含充分稀释的融资后资本中员工股预留％)Pre-MoneyValuation:TheOriginalPurchasePriceisbaseduponafully-dilutedpre-moneyvaluationof$andafullydilutedpost-moneyvaluationof$(includinganemployeepoolrepresenting%ofthefullydilutedpost-moneycapitalization).资本结构表：交割前后公司资本结构表请见附件一。Capitalization:TheCompany'scapitalstructurebeforeandaftertheClosingissetforthasExhibitA.股息分配：Dividends:可选方案1:当普通股分配股息时，A系优先股按视为转换成普通股参与分配Alternative1:DividendswillbepaidontheSeriesAPreferredonanasconvertedbasiswhen,as,andifpaidontheCommonStock可选方案2:经董事会宣布，A系优先股以每股$分配非累积性股息Alternative2:Non-cumulativedividendswillbepaidontheSeriesAPreferredinanamountequalto$pershareofSeriesAPreferredwhenandifdeclaredbytheBoard.可选方案3:A系优先股按年利率%分配累积性股息按年度计算复利，于公司清算或赎回股份时可分配。其他股息或分红，按视为转换成普通股参与普通股分配。Alternative3:TheSeriesAPreferredwillcarryanannual%cumulativedividendcompoundedannually,payableuponaliquidationorredemption.Foranyotherdividendsordistributions,participationwithCommonStockonanas-convertedbasis.清算优先受偿权：LiquidationPreference:公司如因任何原因清算、解散或停业清理过程，公司收益将作如下分配：Intheeventofanyliquidation,dissolutionorwindingupoftheCompany,theproceedsshallbepaidasfollows:可选方案1(优先股不参与分配)：首先，每股A系优先股按一倍原始购买价加累计股息加已宣布但未付股息分配。其余分配给普通股股东Alternative1(non-participatingPreferredStock):FirstpayonetimestheOriginalPurchasePriceplusaccrueddividendsplusdeclaredandunpaiddividendsoneachshareofSeriesAPreferred.ThebalanceofanyproceedsshallbedistributedtoholdersofCommonStock.可选方案2(优先股充分参与分配)：首先，每股A系优先股按一倍原始购买价加累计股息加已宣布未付股息分配。然后优先股按视为转换成普通股参与普通股分配Alternative2(fullparticipatingPreferredStock):FirstpayonetimestheOriginalPurchasePriceplusaccrueddividendsplusdeclaredandunpaiddividendsoneachshareofSeriesAPreferred.Thereafter,theSeriesAPreferredparticipateswiththeCommonStockonanas-convertedbasis.可选方案3(优先股限制参与分配)：首先，每股A系优先股按一倍原始购买价加累计股息加已宣布未付股息分配。然后优先股按视为转换成普通股参与普通股分配，直至A系优先股股东获得总计倍于原始购买价的分配Alternative3(caponPreferredStockparticipationrights):FirstpayonetimestheOriginalPurchasePriceplusaccrueddividendsplusdeclaredandunpaiddividendsoneachshareofSeriesAPreferred.Thereafter,SeriesAPreferredparticipateswithCommonStockonanas-convertedbasisuntiltheholdersofSeriesAPreferredreceiveanaggregateoftimestheOriginalPurchasePrice.公司的兼并或合并(公司原股东拥有存续公司或收购公司的发行在外股票过半数表决权的情形除外)，以及公司出售、租赁、转让或以其他方式处置公司全部或大部分资产的行为，应当视为公司清算事项(视为清算事项)，并导致上述清算优先权得以产生除非%的A系优先股股东投票反对这种处理。Amergerorconsolidation(otherthanoneinwhichstockholdersoftheCompanyownamajoritybyvotingpoweroftheoutstandingsharesofthesurvivingoracquiringcorporation)andasale,lease,transferorotherdispositionofallorsubstantiallyalloftheassetsoftheCompanywillbetreatedasaliquidationevent(a“DeemedLiquidationEvent”),therebytriggeringpaymentoftheliquidationpreferencesdescribedaboveunlesstheholdersof___%oftheSeriesAPreferredelectotherwise.表决权：VotingRights:除下列情形外，A系优先股股东在视为转换成普通股的基础上与普通股股东一起表决，而不能作为独立表决团体：TheSeriesAPreferredStockshallvotetogetherwiththeCommonStockonanas-convertedbasis,andnotasaseparateclass,exceptA系优先股股东作为一个团体有权选举名董事会成员(A系董事)；出现如下文所示“保护性条款”之情况；(iii)法律另有的其他规定。公司章程应当规定，经优先股和普通股股东多数同意，并作为一个表决团体集体表决(不经普通股股东单独表决)，公司可以增加或减少授权发行的股票数量4。theSeriesAPreferredasaclassshallbeentitledtoelect(_)membersoftheBoard(the“SeriesADirectors”),(ii)asprovidedunder“ProtectiveProvisions”belowor(iii)asrequiredbylaw.TheCompany'sCertificateofIncorporationwillprovidethatthenumberofauthorizedsharesofCommonStockmaybeincreasedordecreasedwiththeapprovalofamajorityofthePreferredandCommonStock,votingtogetherasasingleclass,andwithoutaseparateclassvotebytheCommonStock.保护性条款：ProtectiveProvisions:只要有—写明固定数量、百分比或任何A系优先股仍发行在外，未经至少％A系优先股股东书面同意，公司不得直接或变相进行兼并、合并或下列其他业务：Solongasinsertfixednumber,or%,or“any”sharesofSeriesAPreferredareoutstanding,theCompanywillnot,withoutthewrittenconsentoftheholdersofatleast%oftheCompany'sSeriesAPreferred,eitherdirectlyorbyamendment,merger,consolidation,orotherwise:(i)清算、解散或停业清理，或进行任何视为清算事项;以不利于A系优先股股东的方式修改、变更或撤销公司章程或细则中的任何条款5

创设、授权创设或发行可转换或可行使拥有优于或同等于A系优先股之权利、优待或特权的公司证券，或增加发行A系优先股授权数量；优于A系优先股，对任何股份予以收购、赎回或分配股息。由于前员工的雇佣(或顾问的服务)关系的终止，以低于公平市场价回购其股份的除外由董事会(含位A系董事)同意的除外；发行或授权发行任何公司债券若公司总计负债因此超过$设备租赁或银行信用额度除外无股权特征的负债除外此类债券获得董事会(含位A系董事)事先同意的除外；(vi)增加或减少董事会成员人数。liquidate,dissolveorwinduptheaffairsoftheCompany,oreffectanyDeemedLiquidationEvent;amend,alter,orrepealanyprovisionoftheCertificateofIncorporationorBylawsinamanneradversetotheSeriesAPreferred;createorauthorizethecreationoforissueanyothersecurityconvertibleintoorexercisableforanyequitysecurity,havingrights,preferencesorprivilegesseniortooronparitywiththeSeriesAPreferred,orincreasetheauthorizednumberofsharesofSeriesAPreferred;aggregatepurchaseorredeemorpayanydividendonanycapitalstockpriortotheSeriesAPreferred,otherthanstockrepurchasedfromformeremployeesorconsultantsinconnectionwiththecessationoftheiremployment/services,attheloweroffairmarketvalueorcost;otherthanasapprovedbytheBoard,includingtheapprovalofSeriesADirector(s);oraggregatecreateorauthorizethecreationofanydebtsecurityiftheCompany'sindebtednesswouldexceed$otherthanequipmentleasesorbanklinesofcreditotherthandebtwithnoequityfeatureunlesssuchdebtsecurityhasreceivedthepriorapprovaloftheBoardofDirectors,includingtheapprovalofSeriesADirector(s);increaseordecreasethesizeoftheBoardofDirectors.可选择转换：Anti-dilutionProvisions:A系优先股股东有权将其拥有每一A系优先股随时转换为普通股，每一A系优先股可转换为普通股的数量为原始购买价除以转换时的A系优先股转换价（定义如下）。最初的A系优先股转换价应当原始购买价。A系优先股转换价应当根据普通股的配股、股票分割、股票合并等类似事项，以及如下“反稀释条款”所述内容进行调整。OptionalConversion:EachshareoftheSeriesAPreferredshallbeconvertible,attheoptionoftheholderthereof,atanytime,intosuchnumberofsharesofCommonStockasisdeterminedbydividingtheSeriesAOriginalPurchasePricebySeriesAPreferredConversionPrice(asdefinedbelow)ineffectatthetimeofconversion.The“SeriesAPreferredConversionPrice”shallinitiallybeequalto$(theSeriesAOriginalPurchasePrice).SuchinitialSeriesAConversionpriceissubjecttoadjustmentsforstockdividends,splits,combinationsandsimilareventsandasdescribedbelowunder“Anti-dilutionProvisions.”反稀释条款：anti-dilutionadjustment:若公司以低于现行A系优先股转换价的价格发行新的股票，该转换价格应按下列公式调整：可选方案1“典型”加权平均数：CP2=CP1*(A+B)/(A+C)CP2=新A系优先股转换价CP1=新股发行前实际A系优先股转换价人=新股发行前视为已发行的普通股数量(含所有已发行的普通股，所有视为已转换的已发行优先股，以及所有已发行的可行使期权;不含转入此轮融资的任何可转换证券)B=公司此次发行预计融资总额除以CP1C=本次交易中股票发行数量IntheeventthattheCompanyissuesadditionalsecuritiesatapurchasepricelessthanthecurrentSeriesAPreferredConversionPrice,suchconversionpriceshallbeadjustedinaccordancewiththefollowingformula:Alternative1:“Typical”weightedaverage:CP2=CP1*(A+B)/(A+C)CP2=NewSeriesAConversionPriceCP1=SeriesAConversionPriceineffectimmediatelypriortonewissueA=NumberofsharesofCommonStockdeemedtobeoutstandingimmediatelypriortonewissue(includesallsharesofoutstandingcommonstock,allsharesofoutstandingpreferredstockonanas-convertedbasis,andalloutstandingoptionsonanas-exercisedbasis;anddoesnotincludeanyconvertiblesecuritiesconvertingintothisroundoffinancing)B=AggregateconsiderationreceivedbytheCorporationwithrespecttothenewissuedividedbyCP1Numberofsharesofstockissuedinthesubjecttransaction可选方案2：完全棘轮方案—转换价降到与新发行价一致Alternative2:Full-ratchet一theSeriesAPreferredConversionPricewillbereducedtothepriceatwhichthenewsharesareissued.可选方案3：无基于价格调整的反稀释措施Alternative3:Noprice-basedanti-dilutionprotection.下列发行不导致反稀释调整：Thefollowingissuancesshallnottriggeranti-dilutionadjustment:可发行证券是基于任何A系优先股转换后产生，或作为A系优先股的股息或分红;可发行证券是基于任何信用债券，认股权证，期权或其它可转换证券转换后产生；(iii)可发行普通股是基于股票分割，配股，或任何普通股的细分而产生；(iv)普通股(或认购该类普通股的期权)发行或可发行给公司的员工、董事、顾问，是基于公司董事会董事(含至少—名A系董事)同意的任何股权计划而产生的；(v)普通股发行或可发行给银行，设备出租人，是基于公司董事会董事(含至少一名A系董事)同意的债务融资，设备租赁或不动产租赁交易而产生的。(i)securitiesissuableuponconversionofanyoftheSeriesAPreferred,orasadividendordistributionontheSeriesAPreferred;(ii)securitiesissuedupontheconversionofanydebenture,warrant,option,orotherconvertiblesecurity;(iii)CommonStockissuableuponastocksplit,stockdividend,oranysubdivisionofsharesofCommonStock;and(iv)sharesofCommonStock(oroptionstopurchasesuchsharesofCommonStock)issuedorissuabletoemployeesordirectorsof,orconsultantsto,theCompanypursuanttoanyplanapprovedbytheCompany'sBoardofDirectorsincludingatleastSeriesADirector(s)(v)sharesofCommonStockissuedorissuabletobanks,equipmentlessorspursuanttoadebtfinancing,equipmentleasingorrealpropertyleasingtransactionapprovedbytheBoardofDirectorsoftheCorporation,includingatleastSeriesADirector(s).强制性转换：MandatoryConversion:若（i）公开发行价格高于—倍原始购买价承销所有股票，且公司所取得的净/总收入不低于$_（"合格公开发行QPO”），或经％人系优先股股东书面同意，在具有包销承诺的有保荐人的公开发行交割时，每股A系优先股将自动以当时适当的转换率转换为普通股。(适用普通股股息，分割，合并及类似调整业务)EachshareofSeriesAPreferredwillautomaticallybeconvertedintoCommonStockatthethenapplicableSeriesAPreferredConversionPriceintheeventoftheclosingofafirmcommitmentunderwrittenpublicofferingwithapriceof___timestheOriginalPurchasePrice(subjecttoadjustmentsforstockdividends,splits,combinationsandsimilarevents)andnet/grossproceedstotheCompanyofnotlessthan$(a“QPO”),or(ii)uponthewrittenconsentoftheholdersof%oftheSeriesAPreferred.出资人参与交易:Pay-to-Play:除非董事会决定含多数A系董事投票决定允许主要投资人放弃参与权，在之后的公司再融资交易中，所有主要投资人都必须充分行使其参与权(如下文“投资人权利协议—按比例参与未来交易”所述)除非％A系优先股股东投票同意不按此方案处理，否则任何未行使上述参与权A系优先股8的主要投资人所持有的全部A系优先股都将丧失反稀释权利丧失未来交易参与权如果可适用，转换为普通股并丧失董事席位。Unlesstheholdersof%oftheSeriesAelectotherwise,onanysubsequentdownroundallMajorInvestorsarerequiredtoparticipatetothefullextentoftheirparticipationrights(asdescribedbelowunder“InvestorRightsAgreement—RighttoParticipateProRatainFutureRounds”),unlesstheparticipationrequirementiswaivedforallMajorInvestorsbytheBoard(includingvoteofamajorityoftheSeriesADirectors).AllsharesofSeriesAPreferredofanyMajorInvestorfailingtodosowillautomaticallyloseanti-dilutionrightsloserighttoparticipateinfutureroundsconverttoCommonStockandlosetherighttoaBoardseatifapplicable.赎回权:RedemptionRights:交割后第五年开始，经至少％的A系优先股股东选择，A系优先股股东可以要求公司以可合法分配资金以原始购买价加所有累积未付股息赎回其所持有的A系优先股。赎回将在三年内分阶段等额完成。如符合规定比例的A系优先股股东提出赎回请求，其他所有A系优先股都将被可赎回除明确选择放弃上述权利的A系优先股股东外。TheSeriesAPreferredshallberedeemablefromfundslegallyavailablefordistributionattheoptionofholdersofatleast%oftheSeriesAPreferredcommencinganytimeafterthefifthanniversaryoftheClosingatapriceequaltotheOriginalPurchasePriceplusallaccruedbutunpaiddividends.Redemptionshalloccurinthreeequalannualportions.UponaredemptionrequestfromtheholdersoftherequiredpercentageoftheSeriesAPreferred,allSeriesAPreferredsharesshallberedeemed(exceptforanySeriesAholderswhoaffirmativelyopt-out).股份买卖协议书StockPurchaseAgreement陈述与保证:公司提供标准的陈述与保证.由公司创始人对技术所有权等提供陈述与保证.RepresentationsandWarranties:StandardrepresentationsandwarrantiesbytheCompany.RepresentationsandwarrantiesbyFoundersregardingtechnologyownership,etc..完成交割的条件:完成交割的标准条件，包括:完成相应的财务和法律的尽职调查，股票的发行符合州证券法(BlueSkylaws)的规定，赋予了A系优先股权利和优待的公司章程的进行了登记备案,以及公司律师出具了法院意见函等事项。ConditionstoClosing:StandardconditionstoClosing,whichshallinclude,amongotherthings,satisfactorycompletionoffinancialandlegalduediligence,qualificationofthesharesunderapplicableBlueSkylaws,thefilingofaCertificateofIncorporationestablishingtherightsandpreferencesoftheSeriesAPreferred,andanopinionofcounseltotheCompany.律师及费用:CounselandExpenses:投资人/公司的律师起草交割文件。公司在交割时，应当支付因融资产生的所有法律和行政花费，包括合理专业服务费用(投资人律师费由公司承担部分不得超过$)和其他费用由于投资人无故撤销其承诺而使得交易未完成的除外。Investor/Companycounseltodraftclosingdocuments.CompanytopayalllegalandadministrativecostsofthefinancingatClosing,includingreasonablefees(nottoexceed$)andexpensesofInvestorcounsel,unlessthetransactionisnotcompletedbecausetheInvestorswithdrawtheircommitmentwithoutcause.公司律师：CompanyCounsel:投资人律师：InvestorCounsel:投资人权利协议INVESTORRIGHTSAGREEMENT登记权：RegistrationRights:可登记证券：RegistrableSecurities:由A系优化股转换后可发行的普通股的全部股权和投资人持有的其他普通股将被视为“可登记证券”AllsharesofCommonStockissuableuponconversionoftheSeriesAPreferredandanyotherCommonStockheldbytheInvestorswillbedeemed“RegistrableSecurities.”请求登记权:DemandRegistration:最早在(i)交割后3-5年；或(ii)首次发行新股("IPO”)后的6个月的内，持有%的可登记证券者可要求其持有股份的公司进行一二次(完备的)注册登记。每次登记的发行总额不可少于五百万至一千万美元。Uponearliestof(i)three-fiveyearsaftertheClosing;or(ii)sixmonthsfollowinganinitialpublicoffering(“IPO”),personsholding%oftheRegistrableSecuritiesmayrequestonetwo(consummated)registrationsbytheCompanyoftheirshares.Theaggregateofferingpriceforsuchregistrationmaynotbelessthan$510million.S-3表格式登记权:RegistrationonFormS-3:如果公司可进行S-3表格式登记，且可登记证券的发行总额至少为1-5百万美元，则持有10-30%的可登记证券者有权要求公司以S-3表格式进行登记.Theholdersof10-30%oftheRegistrableSecuritieswillhavetherighttorequiretheCompanytoregisteronFormS-3,ifavailableforusebytheCompany,RegistrableSecuritiesforanaggregateofferingpriceofatleast$1-5million.附带登记权:RegistrableSecurities可登记证券持有人具有在公司证券注册登记表之上的附带登记权，但该项权利受限于于公司及其承销人的如下权利：公司及其承销人有权将预计登记出售的股票份额在各预计出售人将按比例减少至最低为30%比例。但是只有在其他股东所持股份减少之后，可登记证券持有人所要登记的股份才能减少.PiggybackRegistration:Theholdersofwillbeentitledto“piggyback”registrationrightsonallregistrationstatementsoftheCompany,subjecttotheright,however,oftheCompanyanditsunderwriterstoreducethenumberofsharesproposedtoberegisteredtoaminimumof30%onaproratabasis.Inallevents,thesharestoberegisteredbyholdersofRegistrableSecuritieswillbereducedonlyafterallotherstockholders'sharesarereduced.费用:Expenses:所有登记费用（包括股份转让税,承销折扣和代理费用）由公司承担。公司同时应支付一位代表全体参与股东的律师的费用不超过$以及其他合理费用。Theregistrationexpenses(exclusiveofstocktransfertaxes,underwritingdiscountsandcommissionswillbebornebytheCompany.TheCompanywillalsopaythereasonablefeesandexpenses,nottoexceed$,ofonespecialcounseltorepresentalltheparticipatingstockholders.股权锁定:Lock-up:在首次发行新股(IPO)时,若经首席承销人要求，投资人应当同意，在首次发行新股(IPO)后的180天内不出售或转让公司的任何普通股股份不包括在首次发行新股(IPO)期间或其后买入的股份)(条件是，公司的所有董事，主管以及1-5%的股东也同意受同一股权锁定协议约束)。此股权锁定协议一经达成，即表明，对于公司或承销人代表制定的此协议的限制条款作出任何放弃或终止措施,都应符合基于所持股份按比例计算的主要投资人的意见。"主要投资人”是指持有A系优先股的份额至少为$的任何投资人。InvestorsshallagreeinconnectionwiththeIPO,ifrequestedbythemanagingunderwriter,nottosellortransferanysharesofCommonStockoftheCompany(excludingsharesacquiredinorfollowingtheIPO)foraperiodofupto180daysfollowingtheIPO(providedalldirectorsandofficersoftheCompanyand1一5%stockholdersagreetothesamelock-up).Suchlock-upagreementshallprovidethatanydiscretionarywaiverorterminationoftherestrictionsofsuchagreementsbytheCompanyorrepresentativesoftheunderwritersshallapplytoMajorInvestors,prorata,basedonthenumberofsharesheld.A“MajorInvestor”meansanyInvestorwhopurchasesatleast$ofSeriesAPreferred.终止条款:Termination:本协议因发生下列情形之一而终止:首次发行新股(IPO)后(5年)内；发生视为清算事项；或在任何90天的期间内，任一投资人可以在不受第144(k)条限制的情形下合法卖出所持全部股份。未经主要可登记证券持有人同意,公司不授予任何优于投资人权益的登记权。Earlierof5yearsafterIPO,uponaDeemedLiquidationEvent,orwhenallsharesofanInvestorareeligibletobesoldwithoutrestrictionunderRule144(k)withinany90-dayperiod.NofutureregistrationrightsmaybegrantedwithoutconsentoftheholdersofamajorityoftheRegistrableSecuritiesunlesssubordinatetotheInvestor'srights.

管理权和知情权:ManagementandInformationRights:公司应当向要求人以投资人可接收的合理形式开具管理权授权信,并在交割之前送达每个要求出具该授权信的投资人。在日常上班时间,经合理的预先通知,任何主要投资人(非竞争者)都有权进入公司设施及会见公司员工。AManagementRightsletterfromtheCompany,inaformreasonablyacceptabletotheInvestors,willbedeliveredpriortoClosingtoeachInvestorthatrequestsone.AnyMajorInvestor(whoisnotacompetitor)willbegrantedaccesstoCompanyfacilitiesandpersonnelduringnormalbusinesshoursandwithreasonableadvancenotification.公司应当向主要投资人提供:TheCompanywilldelivertosuchMajorInvestor每年，每季度，和每月的财务报表，以及其他董事会认为适当的其他信息；于每一财政年度结束的前30天内，针对下一财政年度提出按月列明的综合财政预算表,其中须包括预期的公司收入，支出和资金配置情况;在每一季度结束时,经由财务总监(CFO)签字确认的最新资产负债表。and(i)annual,quarterly,andmonthlyfinancialstatements,andotherinformationasdeterminedbytheBoard;(ii)thirtydayspriortotheendofeachfiscalyear,acomprehensiveoperatingbudgetforecastingtheCompany'srevenues,expenses,cashpositiononamonth-to-monthbasisfortheupcomingfiscalyear;and(iii)promptlyfollowingtheendofeachquarteranup-to-datecapitalizationtable,certifiedbytheCFO.and按比例参与未来交易权:RighttoParticipateProRatainFutureRounds:所有主要投资人有权按比例优先认购公司今后发行股份权利(在本条款清单之“反稀释条款”中列举的发行以及因公司并购而产生的发行除外)。主要投资的认购比例基于这些投资人在公司普通股所有权中所占的百分比确定(假设所有已发行在外优先股都转换为普通股，并且公司制定的股票发行计划中的所有期权都被行使)。另外，如果任何主要投资人选择不购买其全额按比例股份，其他主要投资人有权按比例购买余下股份。AllMajorInvestorsshallhaveaprorataright,basedontheirpercentageequityownershipintheCompany(assumingtheconversionofalloutstandingPreferredStockintoCommonStockandtheexerciseofalloptionsoutstandingundertheCompany'sstockplans),toparticipateinsubsequentissuancesofequitysecuritiesoftheCompany(excludingthoseissuanceslistedattheendofthe“Anti-dilutionProvisions”sectionofthisTermSheetandissuancesinconnectionwithacquisitionsbytheCompany).Inaddition,shouldanyMajorInvestorchoosenottopurchaseitsfullproratashare,theremainingMajorInvestorsshallhavetherighttopurchasetheremainingproratashares.需经投资人和董事会明确同意之事项:MattersRequiringInvestorDirectorApproval:只要_%初始发行的A系优先股仍发行在外未经董事会同意，以及包括至少位A系董事的表决同意，公司将不得：Solongas%oftheoriginallyissuedSeriesAPreferredremainsoutstandingtheCompanywillnot,withoutBoardapproval,whichapprovalmustincludetheaffirmativevoteofoftheSeriesADirector(s):(i)向任何子公司或其他公司，合伙企业或者其他组织机构提供贷款或预付款，或者拥有其任何股份或其他有价证券，除非公司全额拥有这些机构或公司的所有权；makeanyloanoradvanceto,orownanystockorothersecuritiesof,anysubsidiaryorothercorporation,partnership,orotherentityunlessitiswhollyownedbytheCompany;(ii)提供贷款或预付款给任何个人，包括任何员工或董事，除非是公司常规运营下的预付款或者类似开支，或者是基于职工股或经董事会同意的的期权计划；makeanyloanoradvancetoanyperson,including,anyemployeeordirector,exceptadvancesandsimilarexpendituresintheordinarycourseofbusinessorunderthetermsofaemployeestockoroptionplanapprovedbytheBoardofDirectors;iii)为任何债务提供担保，公司或其子公司在正常经营交易之中产生债务除外；guarantee,anyindebtednessexceptfortradeaccountsoftheCompanyoranysubsidiaryarisingintheordinarycourseofbusiness;（iv）进行除下列投资以外的任何投资：优秀级商业票据，货币市场基金，在美国任-净资产超过一亿美元或由美利坚合众国出具或担保资信的银行的定期存单，但上述任何一笔投资期限不得超过两年；makeanyinvestmentotherthaninvestmentsinprimecommercialpaper,moneymarketfunds,certificatesofdepositinanyUnitedStatesbankhavinganetworthinexcessof$100,000,000orobligationsissuedorguaranteedbytheUnitedStatesofAmerica,ineachcasehavingamaturitynotinexcessoftwoyears;（V）负担任何在董事会同意的预算之外且总计超过$的债务，但在正常经营交易产生的应付款项除外，incuranyaggregateindebtednessinexcessof$thatisnotalreadyincludedinaBoard-approvedbudget,otherthantradecreditincurredintheordinarycourseofbusiness;（Vi）参与到与公司的任何董事、主管或员工或有关的交易中或者成为交易的一方当事人，或者成为上述人员的合伙人（详见《证券交易法案》第12条b款第2项的规定）每年由公司或向公司支付款项少于$60000的交易除外公司正常经营交易产生的应付款项，以及按照公司正常经营的合理要求和基于经董事会多数同意的公平合理的条款进行的交易除外；enterintoorbeapartytoanytransactionwithanydirector,officeroremployeeoftheCompanyorany“associate”（asdefinedinRule12b-2promulgatedundertheExchangeAct）ofanysuchpersonexcepttransactionsresultinginpaymentstoorbytheCompanyinanamountlessthan$60,000peryear,ortransactionsmadeintheordinarycourseofbusinessandpursuanttoreasonablerequirementsoftheCompany'sbusinessanduponfairandreasonabletermsthatareapprovedbyamajorityoftheBoardofDirectors;（vii）雇用、解雇高级管理人员或改变其薪酬，包括通过任何期权计划；hire,fire,orchangethecompensationoftheexecutiVeofficers,includingapproVinganyoptionplans;（viii）改变公司主营业务，进入新的业务，或退出现有业务；changetheprincipalbusinessoftheCompany,enternewlinesofbusiness,orexitthecurrentlineofbusiness;or（ix）出卖、转让、许可、抵押或质押技术或知识产权，但属于公司正常经营活动中的许可除外。sell,transfer,license,pledgeorencumbertechnologyorintellectualproperty,otherthanlicensesgrantedintheordinarycourseofbusiness.竞业禁止协议:Non-CompetitionandNon-SolicitationandAgreements:每位创始人和主要员工都应以投资人可接受的合理方式签定一年的竞业禁止协议.EachFounderandkeyemployeewillenterintoaoneyearnon-competitionandnonsolicitationagreementinaformreasonablyacceptabletotheInvestors.保密及知识产权转让协议:Non-DisclosureandDevelopmentsAgreement:每一位知悉公司保密信息/贸易秘密的现任和前任创始人、员工和顾问都应以投资人可接受的合理方式签定保密及知识产权转让协议．EachcurrentandformerFounder,employeeandconsultantwithaccesstoCompanyconfidentialinformation/tradesecretswillenterintoanon-disclosureandproprietaryrightsassignmentagreementinaformreasonablyacceptabletotheInvestors.关于董事会的事项：BoardMatters:每个董事会应包括至少一名A系董事。董事会议应至少每月每季度召开一次,除非经多数董事表决反对.公司应按董事会要求的数额购买董事及经理(D&0)保险•如果公司与其他组织机构合并且不再独立存续，或者转让所有资产，公司应留有适当储备以使公司的继任者承担起对董事的赔偿责任。EachBoardCommitteeshallincludeatleastoneSeriesADirector.TheBoardofDirectorsshallmeetatleastmonthlyquarterly,unlessotherwiseagreedbyavoteofthemajorityofDirectors.TheCompanywillbindD&OinsurancewithacarrierandinanamountsatisfactorytotheBoardofDirectors.IntheeventtheCompanymergeswithanotherentityandisnotthesurvivingcorporation,ortransfersallofitsassets,properprovisionsshallbemadesothatsuccessorsoftheCompanyassumeCompany'sobligationswithrespecttoindemnificationofDirectors.员工期权:EmployeeStockOptions:所有员工期权应以如下方式赋予：一年以后赋予25%，其余在36个月内逐月赋予.A系优先股投资以前殳份应被纳入期权储备，以创殳未分配期权。Allemployeeoptionstovestasfollows:25%afteroneyear,withremainingvestingmonthlyovernext36months.ImmediatelypriortotheSeriesAPreferredStockinvestment,shareswillbeaddedtotheoptionpoolcreatinganunallocatedoptionpoolofshares.关键员工保险:KeyPersonInsurance:公司以董事会同意的数额为创始人列出每个创始人的姓名申请人寿保险.受益方为公司.CompanytoacquirelifeinsuranceonFoundersnameeachFounderinanamountsatisfactorytotheBoard.ProceedspayabletotheCompany.首次发行新股IPODirectedShares:(IPO)的指定股:在相关法律和美国证监会(SEC)政策允许范围内，当首次发行新股(IPO)在交割一年后完成时，公司应尽合理最大努力，促使承销人在所提供股份中确定10%作为指定股，且其中的50%分配给主要投资人.TotheextentpermittedbyapplicablelawandSECpolicy,uponanIPOconsummatedoneyearafterClosing,Companytousereasonablebesteffortstocauseunderwriterstodesignate10%oftheofferingasdirectedshares,50%ofwhichshallbeallocatedbyMajorInvestors.合格小规模商业股(QSB):QSBStock:公司应尽合理最大努力，使其股份成为合格小规模商业股(QSB)，［除非董事会认为该股份与公司的最高利益相悖。CompanyshallusereasonablebesteffortstocauseitscapitalstocktoconstituteQualifiedSmallBusinessStockunlesstheBoarddeterminesthatsuchqualificationisinconsistentwiththebestinterestsoftheCompany.权利终止条款:Termination:投资人权利协议中规定的全部权利，除登记权外，都应在下列情形发生时自然终止：首次发行新股(IPO)，视为清算事项，或50%以上的公司表决权的被转让时。AllrightsundertheInvestorRightsAgreement,otherthanregistrationrights,shallterminateupontheearlierofanIPO,aDeemedLiquidationEventoratransferofmorethan50%ofCompany'svotingpower.优先认购权/共同出售权和表决权协议RIGHTOFFIRSTREFUSAL/CO-SALEAGREEMENTANDVOTINGAGREEMENT优先认购权/共同出售权:RightoffirstRefusal公司最先，投资人其次，(在董事会认定的范围内)对创始人及应持有大于5%的公司普通股(假设优先股已转换)的公司员工有意出售的公司股份依次享有优先认购权，同时对于其他投资人未认购的股份也享有超额认购权。如果公司和其他投资人都未行使优先认购权,，则该出售者在出售普通股之前，应通知其他投资人，其他投资人享有按照出售者以及其他投资人所持有证券的比例出售股份的权力。RightofCo-Sale(Take-me-Along):CompanyfirstandInvestorssecond(totheextentassignedbytheBoardofDirectors,)havearightoffirstrefusalwithrespecttoanysharesofcapitalstockoftheCompanyproposedtobesoldbyFoundersandemployeesholdinggreaterthan5%ofCompanyCommonStock(assumingconversionofPreferredStock),witharightofoversubscriptionforInvestorsofsharesunsubscribedbytheotherInvestors.BeforeanysuchpersonmaysellCommonStock,hewillgivetheInvestorsanopportunitytoparticipateinsuchsaleonabasisproportionatetotheamountofsecuritiesheldbythesellerandthoseheldbytheparticipatingInvestors.董事会：在首次交割中，董事会应包括名成员：(i)姓名作为主投资人姓名指派的代表(ii)姓名作为其余投资人指派的代表(iii)姓名作为创始人指派的代表,(iv)当时就任公司首席执行官(CEO)的人员；以及(v)等虽未被公司雇用但被创始人和投资人董事一致认可的人员.BoardofDirectors:AttheinitialClosing,theBoardshallconsistofmemberscomprisedof(i)Nameastherepresentativedesignatedby,astheleadInvestor,(ii)NameastherepresentativedesignatedbytheremainingInvestors,(iii)NameastherepresentativedesignatedbytheFounders,(iv)thepersonthenservingastheChiefExecutiveOfficeroftheCompany,and(v)___person(s)whoarenotemployedbytheCompanyandwhoaremutuallyacceptabletotheFoundersandInvestorstotheotherdirectors.拖曳前行条款:DragAlong:优先股股东和创始人以及所有当前和将要持有5%以上普通股的股东（假设所有优先股已转换所有期权已行命名）应当与投资人签定协议，当发生董事会和（多数）/（绝大多数）视为已转换的已发行在外优先股的股东同意的视为清算事项或公司50%以上表决权被转让的交易时，上述人员应投票支持这一交易。HoldersofPreferredStockandtheFoundersandallcurrentandfutureholdersofgreaterthan5%ofCommonStock（assumingconversionofPreferredStockandwhetherthenheldorsubjecttotheexerciseofoptions）shallberequiredtoenterintoanagreementwiththeInvestorsthatprovidesthatsuchstockholderswillvotetheirsharesinfavorofaDeemedLiquidationEventortransactioninwhich50%ormoreofthevotingpoweroftheCompanyis