Common use of Consideration for the Call Option Clause in Contracts

Consideration for the Call Option. To the fullest extent permitted by the laws of China, the transfer price of the Equity in Beijing JFR (or any part thereof) shall be equal to Party B’s initial contribution to the registered capital of Beijing JFR in exchange for such Equity in Beijing JFR (or any part thereof) (“Contribution to Registered Capital”). The Parties agree that, to the fullest extent permitted by the Chinese laws, in connection with the transfer of any or all Equity in Beijing JFR to Party A and/or any third party designated by Party A, Party A shall have the right to offset the debt Party B owes to Party A against the transfer price for such Equity, and Party A and any third party designated by Party A shall not be required to make any cash payment to Party B separately. If the Equity in Beijing JFR is required to be valuated under relevant the laws of China, or there are any other provisions for the transfer price for such Equity, then such transfer price shall be the lowest price permitted under relevant the laws of China.

Consideration for the Call Option. To the fullest extent permitted by the laws of China, the transfer price of the Equity in Beijing JFR Le’An (or any part thereof) shall be equal to Party B’s initial contribution to the registered capital of Beijing JFR Le’An in exchange for such Equity in Beijing JFR Le’An (or any part thereof) (“Contribution to Registered Capital”). The Parties agree that, to the fullest extent permitted by the Chinese laws, in connection with the transfer of any or all Equity in Beijing JFR Le’An to Party A and/or any third party designated by Party A, Party A shall have the right to offset the debt Party B owes to Party A against the transfer price for such Equity, and Party A and any third party designated by Party A shall not be required to make any cash payment to Party B separately. If the Equity in Beijing JFR Le’An is required to be valuated under relevant the laws of China, or there are any other provisions for the transfer price for such Equity, then such transfer price shall be the lowest price permitted under relevant the laws of China.

Consideration for the Call Option. To the fullest extent permitted by the laws of China,, the transfer price of the Equity in Beijing JFR Le’An (or any part thereof) shall be equal to Party B’s initial contribution to the registered capital of Beijing JFR Le’An in exchange for such Equity in Beijing JFR Le’An (or any part thereof) (“Contribution to Registered Capital”). The Parties agree that, to the fullest extent permitted by the Chinese laws, in connection with the transfer of any or all Equity in Beijing JFR Le’An to Party A and/or any third party designated by Party A, Party A shall have the right to offset the debt Party B owes to Party A against the transfer price for such Equity, and Party A and any third party designated by Party A shall not be required to make any cash payment to Party B separately. If the Equity in Beijing JFR Le’An is required to be valuated under relevant the laws of China,, or there are any other provisions for the transfer price for such Equity, then such transfer price shall be the lowest price permitted under relevant the laws of China.

Consideration for the Call Option. To the fullest extent permitted by the laws of China, the transfer price of the Equity in Beijing JFR OOOK (or any part thereof) shall be equal to Party B’s initial contribution to the registered capital of Beijing JFR OOOK in exchange for such Equity in Beijing JFR OOOK (or any part thereof) (“Contribution to Registered Capital”). The Parties agree that, to the fullest extent permitted by the Chinese laws, in connection with the transfer of any or all Equity in Beijing JFR OOOK to Party A and/or any third party designated by Party A, Party A shall have the right to offset the debt Party B owes to Party A against the transfer price for such Equity, and Party A and any third party designated by Party A shall not be required to make any cash payment to Party B separately. If the Equity in Beijing JFR OOOK is required to be valuated under relevant the laws of China, or there are any other provisions for the transfer price for ​ such Equity, then such transfer price shall be the lowest price permitted under relevant the laws of China.