Sub-merchant’s Application and Commitment for Activating Fund Distribution Service

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”). Our main business is [describe the main business, and add a description of the conditions of cross-border e-commerce business if the main business is not cross-border e-commerce]. For our cross-border sales of goods to users in China (for the purpose of this commitment letter, means the mainland of China only ), we have appointed service providers in China to provide [describe the types of services provided by the recipients of Fund Distribution]. To improve the efficiency of cross-border fund settlement, we have asked the Institution to submit relevant application documents on our behalf for activating your domestic fund distribution of Cross-Border Payments Service (hereinafter referred to as the “Fund Distribution Service”) and adding domestic service providers as recipients of fund distribution, so as to distribute the funds from relevant payments to domestic service providers in China.

[ ] recipient(s) of the Fund Distribution Service is/are expected to be involved and the detailed scenarios for the fund distribution are as follows:

No.	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)	Percentage of Fund Distribution for the Recipient
1
2
...	...	...	...

Note: Please provide the detailed and complete information of each fund distribution scenario. For details of funds distribution scenarios and recipients, see the “Application for Adding

Recipients of Fund Distribution. 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 hereby represent and warrant that the cross-border e-commerce transactions and domestic services using the Fund Distribution Service are real, legitimate, and reasonable; the application documents and information submitted through the Institution are true, accurate, and complete; and the payment requests sent through the Institution are true, accurate, and complete, and contain all the required information such as recipients and their respective percentages of fund distribution. If you request us to provide any additional documents and information as required by laws and regulations or for risk control purpose, we will promptly provide the required documents and information within the time limit specified by the Institution.

Based on the agreements between us and the recipients of fund distribution, you may, in accordance with the payment requests sent by the Institution, transfer the fund that should be settled to us through the Institution from the Institution’s Weixin Pay merchant ID to the Weixin Pay merchant ID or Weixin Pay account of the applicable recipients of fund distribution. We undertake to use the Fund Distribution Service in compliance with applicable laws and regulations and only for the fund distribution scenarios set forth in this letter, and that the percentage(s) of funds distribution sent by the Institution will be consistent with the agreements between us and the recipients of fund distribution.

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.

We acknowledge and agree that you have the right to suspend, adjust, or terminate the Fund Distribution Service as required by laws and regulations or for risk control purposes, and may take relevant risk control measures in accordance with law. This letter will remain in effect unless we provide a separate written revocation letter in the same manner.

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

Authorized Representative: (Signature)

[MM/DD/20YY]