Common use of Effectiveness and Term Clause in Contracts

Effectiveness and Term. 6.1 This Agreement shall be concluded and take effect on the date hereof. 6.2 The term of this Agreement is ten (10) years unless early termination in accordance with this Agreement is initiated or terms of other relevant agreements entered into by the Parties. This Agreement may be extended through the written notice by Party A before the expiration of this Agreement. The term of extension will be decided by Party A. 6.3 If Party A or Party C’s operation term expires (including any extensions and grace periods) or is otherwise terminated prior to the expiration of this Agreement as set forth in Section 6.2, this Agreement shall be terminated simultaneously, except where Party A has transferred its rights and obligations in accordance with Section 5.2 of this Agreement.

Appears in 25 contracts

Samples: Equity Interest Purchase Agreement, Equity Interest Purchase Agreement, Equity Interest Purchase Agreement (Changyou.com LTD)

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Effectiveness and Term. 6.1 5.1 This Agreement shall be concluded and take effect on become effective as of the date hereoffirst above written. 6.2 5.2 The term of this Agreement is shall be ten (10) years unless it is early termination terminated in accordance with the provisions of this Agreement is initiated or terms of other the relevant agreements entered into separately signed by the Parties. This The term of this Agreement may be extended through with the written notice by confirmation of Party A before the expiration of this Agreementits expiration. The extension thereof shall be agreed upon by the Parties through negotiation. 5.3 If the operation term (including any extension thereof) of extension will be decided by Party A. 6.3 If Party A or Party C’s operation C expires or either Party terminates for other reasons within the term expires (including any extensions and grace periods) or is otherwise terminated prior to the expiration of this Agreement as set forth in Section 6.2Article 5.2, this Agreement shall be terminated simultaneouslyat the time of the termination of such Party, except where unless Party A has transferred its rights and obligations in accordance with Section 5.2 of this AgreementArticle 4.2 hereof.

Appears in 4 contracts

Samples: Exclusive Purchase Option Agreement (Fanhua Inc.), Exclusive Purchase Option Agreement (Cninsure Inc.), Exclusive Purchase Option Agreement (Cninsure Inc.)

Effectiveness and Term. 6.1 5.1 This Agreement shall be concluded and take effect on effective from the date hereofof its execution. 6.2 5.2 The term of this Agreement is ten (10) years unless early termination occurs in accordance with this Agreement is initiated relevant provisions herein or terms of in any other relevant agreements entered into reached by the Parties. This Agreement may be extended through the upon Party A’s written notice by Party A before the expiration of this Agreement. The term of extension will be decided by Party A. 6.3 If Party A or Party C’s operation term expires (including any extensions and grace periods) or is otherwise terminated confirmation prior to the expiration of this Agreement as set forth and the extended term shall be determined by Party A. 5.3 During the term stipulated in Section 6.2the above Articles 5.2, if Party A or Party D is terminated at expiration of their respective operation term (including any extension of such term) or by any other reason, this Agreement shall be terminated simultaneouslyupon such termination of such Party, except where unless Party A has transferred already assigned its rights and obligations in accordance with Section 5.2 of this Agreementthe Article 4.3 hereof.

Appears in 4 contracts

Samples: Exclusive Equity Option Agreement (Jufeel International Group), Exclusive Equity Option Agreement (Jufeel International Group), Exclusive Equity Option Agreement (Zhaopin LTD)

Effectiveness and Term. 6.1 This Agreement shall be concluded and take effect on as of the date hereofof its execution. 6.2 The term of this Agreement is ten (10) years unless early termination in accordance with this Agreement is initiated or terms of relevant provisions in any other relevant agreements entered into reached by the Partiesparties. This Agreement may be extended through the written notice confirmation by Party A before the expiration of this Agreement. The term of extension will be decided by Party A. 6.3 If Party A A’s or Party C’s operation term expires (including any extensions and grace periodsof such term) or is otherwise terminated by any other reason prior to the expiration of this Agreement as set forth in Section 6.2, this Agreement shall be terminated simultaneouslyupon such termination of such Party, except where Party A has transferred its rights and obligations in accordance with Section 5.2 of this Agreement.

Appears in 3 contracts

Samples: Equity Interest Purchase Right Agreement, Equity Interest Purchase Right Agreement (Sohu Com Inc), Equity Interest Purchase Right Agreement (Changyou.com LTD)

Effectiveness and Term. 6.1 5.1 This Agreement shall be concluded and take effect on become effective as of the date hereoffirst above written. 6.2 5.2 The term of this Agreement is shall be ten (10) years unless it is early termination terminated in accordance with the provisions of this Agreement is initiated or terms of other the relevant agreements entered into separately signed by the Parties. This The term of this Agreement may be extended through with the written notice by confirmation of Party A before the expiration of this Agreementits expiration. The extension thereof shall be agreed upon by the Parties through negotiation. 5.3 If the operation term (including any extension thereof) of extension will be decided by Party A. 6.3 If Party A or Party C’s operation C expires or terminates for other reasons within the term expires (including any extensions and grace periods) or is otherwise terminated prior to the expiration of this Agreement as set forth in Section 6.2the preceding Article, this Agreement shall be terminated simultaneouslyat the time of the termination of such Party, except where unless Party A has transferred its rights and obligations in accordance with Section 5.2 of this AgreementArticle 4.2 hereof.

Appears in 3 contracts

Samples: Exclusive Purchase Option Agreement (Cninsure Inc.), Exclusive Purchase Option Agreement (Cninsure Inc.), Exclusive Purchase Option Agreement (Cninsure Inc.)

Effectiveness and Term. 6.1 7.1 This Agreement shall be concluded and take effect on as of the date hereoffirst written above. 6.2 7.2 The term of this Agreement is ten (10) years unless early termination occurs in accordance with this Agreement is initiated relevant provisions herein or terms of in any other relevant agreements entered into reached by the Parties. . 7.3 This Agreement may be extended through the upon Party A’s written notice by Party A before the expiration of this Agreement. The term of extension will be decided by Party A. 6.3 If Party A or Party C’s operation term expires (including any extensions and grace periods) or is otherwise terminated confirmation prior to the expiration of this Agreement as set forth and the extended term shall be determined by Party A. 7.4 During the term stipulated in Section 6.2the above Articles 7.2 and 7.3, if either Party is terminated at expiration of the operation term (including any extension of such term) or by any other reason, this Agreement shall be terminated simultaneouslyupon such termination of such Party, except where unless such Party A has transferred already assigned its rights and obligations in accordance with Section 5.2 of this Agreementthe Article 13 hereof.

Appears in 2 contracts

Samples: Exclusive Consulting and Service Agreement (Jufeel International Group), Exclusive Consulting and Service Agreement (Jufeel International Group)

Effectiveness and Term. 6.1 This Agreement shall be concluded and take effect on the date hereof. 6.2 The term of this Agreement is ten five (105) years unless early termination in accordance with this Agreement is initiated or terms of other relevant agreements entered into by the Parties. This Agreement may be extended through the written notice by Party A before the expiration of this Agreement. The term of extension will be decided by Party A. 6.3 If Party A or Party C’s operation term expires (including any extensions and grace periods) or is otherwise terminated prior to the expiration of this Agreement as set forth in Section 6.2, this Agreement shall be terminated simultaneously, except where Party A has transferred its rights and obligations in accordance with Section 5.2 of this Agreement.

Appears in 1 contract

Samples: Equity Interest Purchase Agreement (Ionix Technology, Inc.)

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Effectiveness and Term. 6.1 5.1 This Agreement shall be concluded and take effect on as of the date hereofof its execution. 6.2 5.2 The term of this Agreement is ten (10) years unless early termination occurs in accordance with this Agreement is initiated relevant provisions herein or terms of in any other relevant agreements entered into reached by the Partiesparties. This Agreement may be extended through the upon Party A’s written notice by Party A before the expiration of this Agreement. The term of extension will be decided by Party A. 6.3 If Party A or Party C’s operation term expires (including any extensions and grace periods) or is otherwise terminated confirmation prior to the expiration of this Agreement as set forth and the extended term shall be determined by Party A. 5.3 During the term stipulated in Section 6.2the above Articles 5.2, if Party A or Party C is terminated at expiration of the operation term (including any extension of such term) or by any other reason, this Agreement shall be terminated simultaneouslyupon such termination of such Party, except where unless Party A has transferred already assigned its rights and obligations in accordance with Section 5.2 of this AgreementArticle 4.3 hereof.

Appears in 1 contract

Samples: Exclusive Equity Option Agreement (Zhaopin LTD)

Effectiveness and Term. 6.1 7.1 This Agreement shall be concluded and take effect on as of the date hereoffirst written above. 6.2 7.2 The term of this Agreement is ten (10) years unless early termination occurs in accordance with this Agreement is initiated relevant provisions herein or terms of in any other relevant agreements entered into reached by the Parties. . 7.3 This Agreement may be extended through the upon Party A’s written notice by Party A before the expiration of this Agreement. The term of extension will be decided by Party A. 6.3 If Party A or Party C’s operation term expires (including any extensions and grace periods) or is otherwise terminated confirmation prior to the expiration of this Agreement as set forth and the extended term shall be determined by Party A. 7.4 During the term stipulated in Section 6.2the above Articles 7.2 and 7.3, if either Party is terminated at expiration of the operation term (including any extension of such term) or by any other reason, this Agreement shall be terminated simultaneouslyupon such termination of such Party, except where unless such Party A has transferred already assigned its rights and obligations in accordance with Section 5.2 of this Agreementthe Article 13 hereof.

Appears in 1 contract

Samples: Exclusive Consulting and Service Agreement (Zhaopin LTD)

Effectiveness and Term. 6.1 5.1 This Agreement is entered into and shall be concluded and take effect on effective as of the date hereof. 6.2 5.2 The term of this Agreement is ten (10) years unless early termination occurs in accordance with this Agreement is initiated relevant provisions herein or terms of in any other relevant agreements entered into reached by the Parties. This Agreement may be extended through the upon Party A’s written notice by Party A before the expiration of this Agreement. The term of extension will be decided by Party A. 6.3 If Party A or Party C’s operation term expires (including any extensions and grace periods) or is otherwise terminated confirmation prior to the expiration of this Agreement as set forth and the extended term shall be determined by Party A. 5.3 During the term stipulated in Section 6.2the above Articles 5.2, if Party A or Party D is terminated at expiration of their respective operation term (including any extension of such term) or by any other reason, this Agreement shall be terminated simultaneouslyupon such termination of such Party, except where unless Party A has transferred already assigned its rights and obligations in accordance with Section 5.2 of this Agreementthe Article 4.3 hereof.

Appears in 1 contract

Samples: Exclusive Equity Option Agreement (Zhaopin LTD)

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