[] [PRIVILEGED AND CONFIDENTIAL Execution Version AGREEMENT AND PLAN OF MERGER among MINAT ASSOCIATED CO., LTD., ChinaEquity Alliance Victory Co., Ltd., and Mecox lane limited Dated as of December 22, 2015 TABLE OF CONTENTS Page Article I Defined Terms Section 1.01 Certain Defined Terms 2 Section 1.02 Other Defined Terms 10 Section 1.03 Interpretation; Headings 11 Article II THE MERGER Section] [Confidential and Privileged Execution Version LIMITED GUARANTEE Limited Guarantee Guarantor Guaranteed Party This Limited Guarantee, dated as of December 22, 2015 (this “ 1. LIMITED GUARANTEE (a) Merger Agreement a business company incorporated Parent Merger Sub Merger provided Cap (b) (c) (d) 2. NATURE OF GUARANTEE 3. (a) (b) (c) (d) (e) 4. (a) (b) (c) (d) 5. NO ASSIGNMENT] []