Common use of Adjustment to Fixed Price and Floor Price Clause in Contracts

Adjustment to Fixed Price and Floor Price. (a) Upon the happening of any of the following events described in this Article 4, the Fixed Price of US$[•], which represents a per-Share price of US$[•] (the “Conversion Share Price”), will be adjusted such that the adjusted Fixed Price will be the Conversion Share Price, as adjusted pursuant to Sections 4.1.1 to 4.1.12, multiplied by [•] (the “ADS Ratio”), which is the ratio of each ADS representing [•] Ordinary Shares. If there is a change in the ratio of ADSs to the Ordinary Shares as of the relevant calculation date, the ADS Ratio will be adjusted to reflect the then-current ratio (the “Current ADS Ratio”). (b) Upon the happening of any of the following events described in this Article 4, the Floor Price of US$[•] per ADS, which represents a Floor Share Price of US$[•] per Share, will be adjusted such that the adjusted Floor Price will be the Floor Share Price, as adjusted pursuant to Sections 4.1.1 to 4.1.12, multiplied by the Current ADS Ratio.

Adjustment to Fixed Price and Floor Price. (a) Upon the happening of any of the following events described in this Article 4, the Fixed Price of US$[•]7.00, which represents a per-Share price of US$[•] 0.70 (the “Conversion Share Price”), will be adjusted such that the adjusted Fixed Price will be the Conversion Share Price, as adjusted pursuant to Sections 4.1.1 to 4.1.12, multiplied by [•] 10.0 (the “ADS Ratio”), which is the ratio of each ADS representing [•] ten (10) Ordinary Shares. If there is a change in the ratio of ADSs to the Ordinary Shares as of the relevant calculation date, the ADS Ratio will be adjusted to reflect the then-current ratio (the “Current ADS Ratio”). (b) Upon the happening of any of the following events described in this Article 4, the Floor Price of US$[•] 0.10 per ADS, which represents a Floor Share Price of US$[•] 0.01 per Share, will be adjusted such that the adjusted Floor Price will be the Floor Share Price, as adjusted pursuant to Sections 4.1.1 to 4.1.12, multiplied by the Current ADS Ratio.

Adjustment to Fixed Price and Floor Price. (a) Upon the happening of any of the following events described in this Article 4, the Fixed Price of US$[•]8.50, which represents a per-Share price of US$[•] 0.85 (the “Conversion Share Price”), will be adjusted such that the adjusted Fixed Price will be the Conversion Share Price, as adjusted pursuant to Sections 4.1.1 to 4.1.12, multiplied by [•] 10.0 (the “ADS Ratio”), which is the ratio of each ADS representing [•] ten (10) Ordinary Shares. If there is a change in the ratio of ADSs to the Ordinary Shares as of the relevant calculation date, the ADS Ratio will be adjusted to reflect the then-current ratio (the “Current ADS Ratio”). (b) Upon the happening of any of the following events described in this Article 4, the Floor Price of US$[•] 0.10 per ADS, which represents a Floor Share Price of US$[•] 0.01 per Share, will be adjusted such that the adjusted Floor Price will be the Floor Share Price, as adjusted pursuant to Sections 4.1.1 to 4.1.12, multiplied by the Current ADS Ratio.