Common use of Agreement to Purchase and Sell Shares Clause in Contracts

Agreement to Purchase and Sell Shares. Subject to the terms and conditions hereof, the Company agrees to issue and sell to the Series B-4 Purchasers, and each of the Series B-4 Purchaser agrees to, severally and not jointly, purchase from the Company such number of the Series B-4 Preferred Shares as set forth opposite the name of such Series B-4 Purchaser in Schedule 2 attached hereto, amounting to an aggregate of 14,620,739 Series B-4 Preferred Shares (the “Series B-4 Purchased Shares”), at an aggregate price of US$50,000,000 (the “Series B-4 Purchase Price”), approximately US$3.4198 per share, having the rights, privileges and restrictions as set forth in the Fifth Amended and Restated Memorandum and Articles of Association of the Company attached hereto as Exhibit A (the “Restated Articles”).

Appears in 4 contracts

Samples: Shares Purchase Agreement, Preferred Shares Purchase Agreement (Pinduoduo Inc.), Preferred Shares Purchase Agreement (Walnut Street Group Holding LTD)

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