Equity Transfer Contract Sample Clauses

Equity Transfer Contract. This Equity Transfer Contract (the “Contract”) is signed by both parties on MM/DD/YY: Transferor:
Equity Transfer Contract. This Equity Transfer Contract (hereinafter referred to as “this Contract”) was entered into by the following parties this day of , 20 in [ ] Municipality in China: Transferor: [ ] Transferee: [ ] Upon amicable negotiations, the above two parties have reached an agreement on equity transfer as follows: 1. The transferor agrees to transfer the [ ] % equity (the “subject equity”) of Puxin Education Technology Group Co., Ltd. held by it to the transferee in RMB Yuan, and the transferee agrees to assign such subject equity. 2. Upon completion of the transfer of the subject equity, the transferor no longer has the shareholders’ rights of the subject equity and the shareholdersobligation to undertake the subject equity. The transferee has the shareholders’ rights of the subject equity and the shareholders’ obligation to undertake the subject equity. 3. For matters not covered in this Contract, both parties may sign a supplementary agreement. 4. This Contract shall come into effect from the date of signing by both parties. 5. This Contract is in quadruplicate. Each party holds a copy and other copies are used for industrial and commercial change. Transferor: [ ] Signature: Transferee: [ ] Signature:
Equity Transfer Contract. This Equity Transfer Contract (hereinafter this “Contract”) is entered into by and between the Parties in [ ] City, PRC, on : The Transferor: [ ], with its Uniform Social Credit Code being [ ] and its registered address at [ ]; and The Transferee: [ ] The foregoing parties agree as follows with respect to the equity transfer through friendly consultation: 1. The Transferor agrees to transfer the [ ]% equity interest held by it in Beijing New Oriental-Xuncheng Network Technology Co., Ltd. to the Transferee for a price of RMB[ ], and the Transferee agrees to accept the transfer of such Subject Matter Equity. 2. Upon completing the transfer of the Subject Matter Equity, the Transferor shall cease to enjoy the rights to such Subject Matter Equity and cease to assume the obligations for such Subject Matter Equity as shareholder, and the Transferee shall enjoy the rights to such Subject Matter Equity as shareholder and assume the obligations for such Subject Matter Equity as shareholder. 3. For any matters not addressed herein, the Parties may execute a supplementary agreement. 4. This Contract shall be effective as of the date it is signed by the Parties. 5. This Contract shall be made in four counterparts, one of which shall be held by either party, and the others of which shall be used for handling business registration changes. The Transferor: [ ] By: The Transferee: [ ] By:

Related to Equity Transfer Contract

  • Lock-Up Agreement The Underwriters shall have received all of the Lock-Up Agreements referenced in Section 4 and the Lock-Up Agreements shall remain in full force and effect.

  • Company Lock Up Agreements The Company, on behalf of itself and any successor entity, agrees that, without the prior written consent of the Placement Agent, it will not for a period of thirty (30) days after the date of this Agreement (the “Lock-Up Period”), (i) offer, pledge, sell, contract to sell, sell any option or contract to purchase, purchase any option or contract to sell, grant any option, right or warrant to purchase, lend, or otherwise transfer or dispose of, directly or indirectly, any ADSs, Ordinary Shares or other capital stock of the Company or any securities convertible into or exercisable or exchangeable for ADSs, Ordinary Shares or such other shares of capital stock of the Company; (ii) file or cause to be filed any registration statement with the Commission relating to the offering of any ADSs, Ordinary Shares or other shares of capital stock of the Company or any securities convertible into or exercisable or exchangeable for shares of capital stock of the Company; or (iii) complete any offering of debt securities of the Company, other than entering into a line of credit with a traditional bank or (iv) enter into any swap or other arrangement that transfers to another, in whole or in part, any of the economic consequences of ownership of ADSs, Ordinary Shares or other capital stock of the Company, whether any such transaction described in clause (i), (ii), (iii) or (iv) above is to be settled by delivery of ADSs, Ordinary Shares or other shares of capital stock of the Company or such other securities, in cash or otherwise. The restrictions contained in this Section 3.18 shall not apply to (i) the ADSs, Ordinary Shares and the Placement Agent’s Warrant, (ii) the issuance by the Company of ADSs upon the exercise of the Placement Agent’s Warrant or a stock option or warrant or the conversion of a security outstanding on the date hereof, or issuable pursuant to currently existing undertakings of the Company, which is disclosed in the Registration Statement, Disclosure Package and Prospectus, provided that such options, warrants, and securities have not been amended since the date of this Agreement to increase the number of such securities or to decrease the exercise price, exchange price or conversion price of such securities or to extend the term of such securities, (iii) the issuance by the Company of stock options, shares of capital stock of the Company or other awards under any equity compensation plan of the Company, provided that the underlying shares shall be restricted from sale during the entire Lock-Up Period; and (iv) transactions with members of the management and/or the board of directors of the Company, involving the issuance of equity securities of the Company in consideration of cash, provided that the underlying shares shall be restricted from sale during the entire Lock-Up Period.

  • Existing Lock-Up Agreement The Company will enforce all existing agreements between the Company and any of its security holders that prohibit the sale, transfer, assignment, pledge or hypothecation of any of the Securities in connection with the Offering. In addition, the Company will direct the Company’s transfer agent to place stop transfer restrictions upon any such Securities of the Company that are bound by such existing “lock-up” agreements for the duration of the periods contemplated in such agreements.

  • Lock-Up Agreements At the date of this Agreement, the Representatives shall have received an agreement substantially in the form of Exhibit C hereto signed by the persons listed on Schedule D hereto.

  • Scope of Contract This Contract specifies the contractual terms and conditions by which County will procure and receive goods/services from Contractor as set forth in the Scope of Work, which is attached hereto as Attachment A and incorporated by this reference.