Protective Clause English Versionaany payment of any dividend interim or final capitalization of reserves or any other distribution of profits amongst Members; bany increase reduction or cancellation

pect of any one Group Company or US$500,000 (or its equivalent in another currency or currencies) in aggregate for all Group Companies; (d)any disposal, transfer, lease, licensing or other disposition of all or any material part of the assets or undertaking of any Group Company, except for disposals in the ordinary course of business not exceeding US$500,000 (or its equivalent in another currency or currencies) in aggregate for all Group Companies; and (e)any merger, consolidation, amalgamation, reorganization or other similar transaction involving any Group Company, or any acquisition or disposal of any shares or assets by any Group Company other than in the ordinary course of business not exceeding US$500,000 (or its equivalent in another currency or currencies) in aggregate for all Group Companies. Any action falling within the scope of this Clause shall require the prior written consent of the Series A Investors, such consent not to be unreasonably withheld or delayed