Application for Adding Recipients of Fund Distribution

(Required when a sub-merchant needs to add recipients of fund distribution)

To Tenpay Payment Technology Co., Ltd.,

Our company, [Enter the full company name and merchant ID of the sub-merchant], is a sub-merchant of your institution [Enter the institution’s full company name] (Enter the institution’s merchant ID, hereinafter referred to as “Institution”). The Institution has on our behalf submitted the application documents including the “Sub-merchant’s Application and Commitment for Activating Fund Distribution Service”, and the domestic fund distribution service for Cross-Border Payment Service (the “Fund Distribution Service”) has been activated accordingly.

We now apply to add [ ] new recipient(s) for the Fund Distribution Service and the detailed scenarios for the fund distribution are as follows:

No.	Recipient’s Name	Recipient’s Merchant ID /WeChat ID	Recipient’s Role (Such as supplier, distributor, tax withholding service provider, and technical service provider)	Business Relationship between the recipient and our company (Such as: Provide our company with warehousing services, sales services, tax withholding services, or technical services)	Cooperation Term (From MM/DD/YYYY to MM/DD/YYYY)	Terms of Payment (Provide the section number and screenshots of the terms)	Percentage of Fund Distribution for the Recipient
Recipient 1
Recipient 2
...	...	...	...	...	...	...	...

Note: Please provide the complete and detailed description for each fund distribution scenario. The aggregate of the percentages of fund distribution to all recipients cannot be greater than 30% of the total amount of each payment made by a user.

We represent and warrant that the above information is true, accurate and complete. We and our shareholders will be jointly and severally liable for any loss or liability incurred to you or any third party arising out of or in connection with the Fund Distribution Service for the above Merchant IDs. This application is part of the “Sub-merchant’s Application and Commitment for Activating Fund Distribution Service” which has been submitted by the Institution on our behalf and has the same legal effect.

[Enter the sub-merchant’s company name] (Seal)

Authorized Representative: (Signature)

[MM/DD/20YY]