Common use of Equity Interest Purchase Price Clause in Contracts

Equity Interest Purchase Price. The total price for the purchase by Party A of all Optioned Interests held by Party B upon exercise of the Equity Interest Purchase Option by Party A shall be XXX 00 / the amount of registered capital contributed by Party B in Party C for such Optioned Interests (or such price may be as set forth in the equity transfer agreement to be executed between Party A (or the Designee) and Party B separately, provided that such price does not violate PRC laws and regulations and is acceptable to Party A) (the “Base Price”); if Party A exercises the Equity Interest Purchase Option to purchase part of the Optioned Interests held by Party B in Party C, then the purchase price shall be calculated on a pro rata basis. If at the time when Party A exercises the Equity Interest Purchase Option, the PRC laws impose mandatory requirements on the purchase price of such Optioned Interests, such that the minimum price permitted under PRC law exceeds the Base Price, then the purchase price shall be such minimum price permitted by PRC law (collectively, the “Equity Interest Purchase Price”), in which case the Party B shall promptly donate all of the amount exceeding the Basic Price received by it to Party A or any other person designated by Party A in the manner permitted by the applicable PRC laws / Party B hereby waives its right to receive the amount of price that exceeds the Basic Price.

Equity Interest Purchase Price. The total price for the purchase by Party A of all the Optioned Interests held by Party B upon exercise of the Equity Interest Purchase Option by Party A shall be XXX 00 / the amount of registered capital contributed by Party B in Party C for such Optioned Interests (or such price may be as set forth in the equity transfer agreement to be executed between Party A (or the Designee) and Party B separately, provided that such price does not violate PRC laws and regulations and is acceptable to Party A) (the “Base Price”); if ) shall be RMB1. If Party A exercises the Equity Interest Purchase Option to purchase part of the Optioned Interests held by Party B in Party C, then the purchase price shall be calculated on a pro rata basis. If at the time when Party A exercises the Equity Interest Purchase Option, the PRC laws impose mandatory requirements on the purchase price of such Optioned Interests, such that the minimum price permitted under PRC law exceeds is higher than the Base Price, then the purchase price shall be such minimum price permitted by PRC law law. If at the time when Party A exercises the Equity Interest Purchase Option, the PRC laws require the assessment of the equity interests, the Parties shall negotiate otherwise in good faith, and make necessary adjustments to the equity interest purchase price based on the assessment to meet the requirements of any applicable PRC laws at that time (collectively, the ““ Equity Interest Purchase Price”), in which case the . Party B shall promptly shall, within ten (10) days after receiving and paying /withholding the relevant taxes (if any) in full in accordance with the law, donate all the balance of the amount exceeding the Basic Equity Interest Purchase Price received by it to Party A or any other and/or the person designated by Party A in the manner permitted by the applicable PRC laws / Party B hereby waives its right to receive the amount of price that exceeds the Basic Price.A.