This Agreement is entered into by and among the general partner Yuansheng Investment Management Co., Ltd. of Ningbo Meishan Bonded Port Area (Ningbo Yuansheng), the general partner Ligang Capital Investment (Shenzhen) Co., Ltd. (Ligang Capital), the senior limited partner China Industrial Asset Management Limited (on behalf of China Industrial iKang Medical Contractual Private Investment Fund I) (China Industrial), the junior limited partner Shanghai Yuansheng Investment Management Co., Ltd. (Shanghai Yuansheng), and the junior limited partner iKang Health Technology Group Co., Ltd. (iKang Health Technology) on [the twentieth day of October 2017] in [Pudong New Area, Shanghai].
Ningbo Yuansheng and Ligang Capital are limited liability companies incorporated according to the law of the Peoples Republic of China (China). In accordance with the Law of the Peoples Republic of China on Partnership Enterprises, other applicable laws and regulations of China, and provisions set forth in this Agreement, Ningbo Yuansheng and Ligang Capital, as general partners, and China Industrial, Shanghai Yuansheng, and iKang Health Technology, as limited partners, in the principle of equality and mutual benefit, decide to jointly invest in and establish a limited partnership, Aiying Xingsheng Medical Equity Investment Partnership (Limited Partnership) of Ningbo Meishan Bonded Port Area, though amicable consultation. The parties reach the agreements as follows:
Article 1 Definitions
1.1.1 In this Agreement, the following words shall have the meanings defined below unless the context otherwise requires:
Partnership Enterprise Law refers to the Law of the Peoples Republic of China on Partnership Enterprises (hereinafter referred to as Partnership Enterprise Law), which was adopted after revision at the 23rd session of the 10th Standing Committee of the National Peoples Congress of the Peoples Republic of China on August 27, 2006, and became enforceable from June 1, 2007.
This Limited Partnership, Partnership, or Private Equity Fund refers to the limited partnership, i.e. [Aiying Xingsheng Medical Equity Investment Partnership (Limited Partnership) of Ningbo Meishan Bonded Port Area], jointly established by all Partners to this Agreement in accordance with the Partnership Enterprise Law.
Private equity fund manager refers to Ningbo Yuansheng.
Private equity fund investors and partners refer to the general partners and the limited partners.
General Partners refer to the general partners of this Limited Partnership at conclusion of this Agreement, that is, Ningbo Yuansheng and Ligang Capital.
Managing Partners refer to the general partners that execute the affairs of the Partnership, which are Ningbo Yuansheng and Ligang Capital.
Limited Partners refer to the senior limited partner and the junior limited partners.