Common use of Exercise of Purchase Right Clause in Contracts

Exercise of Purchase Right. Every time Party A exercises the Purchase Right: 2.3.1 Party B shall supervise and ensure other shareholders of Party C to convene a shareholders meeting, and pass a resolution to transfer the Equity Interest from Party B to Party A and/or the Designated Person; 2.3.2 Party B shall, upon the terms and conditions of this Agreement and the Notice of Purchase, enter into all documents requested by Party A; and 2.3.3 Party B and Party C shall execute all documents, acquire all approvals, and perform all actions necessary to transfer the valid ownership of the Equity Interest to Party A and/or the Designated Person.

Appears in 36 contracts

Samples: Equity Option Agreement (Autohome Inc.), Equity Option Agreement (Autohome Inc.), Equity Option Agreement (Autohome Inc.)

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