Common use of Agreement to Subscribe and Issue Clause in Contracts

Agreement to Subscribe and Issue. Subject to the terms and conditions hereof, the Company hereby agrees to issue and allot to Orchid Asia, and Orchid Asia hereby agrees to subscribe for, on the Closing Date, 70,632 Series B+ Preferred Shares (the “Subscription Shares”), for the aggregate subscription price of US$20,000,000 (the “Subscription Price”). The Subscription Price of Orchid Asia reflects a per share subscription price of US$ 283.16.

Agreement to Subscribe and Issue. Subject to the terms and conditions hereof, the Company hereby agrees to issue and allot to Orchid Asia, and Orchid Asia hereby agrees to subscribe for, on the Closing Date, 70,632 Series B+ Preferred 31,857 Ordinary Shares (the “Subscription Shares”), for the aggregate subscription price of US$20,000,000 7,632,825 (the “Subscription Price”). The Subscription Price of Orchid Asia reflects a per share subscription price of US$ 283.16US$239.60.