Entitlement to Purchase. Each of the Hong Kong Underwriters agrees that, notwithstanding its several obligation to apply to purchase, or to procure applications to purchase, and to pay for, the relevant Hong Kong Offer Shares under the Hong Kong Underwriting Agreement, it shall have no entitlement to apply to purchase the Hong Kong Offer Shares offered under the Hong Kong Public Offering except to the extent that they are offered or required to be purchased by it under the Hong Kong Underwriting Agreement or this Agreement.
Entitlement to Purchase. On the first anniversary of the grant date and on each of the four succeeding anniversaries of that date you shall become entitled to purchase 20% of the Option Shares.
