Common use of Exercise Steps Clause in Contracts

Exercise Steps. Subject to the PRC laws and regulations, the WFOE may exercise the Call Option by issuing a written notice (“Equity Purchase Notice”) to the Existing Shareholders specifying the following matters: (a) the WFOE’s decision on exercise of the Call Option; (b) the amount of equity interest (“Target Equity”) which the WFOE proposes to purchase from the Existing Shareholders; and (c) the date of purchase/date of transfer of equity.

Appears in 5 contracts

Samples: Exclusive Call Option Agreement (X Financial), Exclusive Call Option Agreement (X Financial), Exclusive Call Option Agreement (X Financial)

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Exercise Steps. Subject to the PRC laws and regulations, the WFOE may exercise the Call Option by issuing a written notice (“Equity Purchase Notice”) to the Existing Shareholders Shareholder specifying the following matters: (a) the WFOE’s decision on exercise of the Call Option; (b) the amount of equity interest (“Target Equity”) which the WFOE proposes to purchase from the Existing ShareholdersShareholder; and (c) the date of purchase/date of transfer of equity.

Appears in 2 contracts

Samples: Exclusive Call Option Agreement (X Financial), Exclusive Call Option Agreement (X Financial)

Exercise Steps. Subject to the PRC laws and regulations, the WFOE may exercise the Call Option by issuing a written notice ("Equity Purchase Notice") to the Existing Shareholders specifying the following matters: (a) the WFOE’s 's decision on exercise of the Call Option; (b) the amount of equity interest ("Target Equity") which the WFOE proposes to purchase from the Existing Shareholders; and (c) the date of purchase/date of transfer of equity.

Appears in 1 contract

Samples: Exclusive Call Option Agreement (X Financial)

Exercise Steps. Subject to the PRC laws and regulations, the WFOE may shall exercise the Call Option by issuing a written notice (“Equity Purchase Notice”) to the Existing Shareholders specifying the following matters: (a) the WFOE’s decision on exercise of the Call Option; (b) the identity information of the Designee authorized by the WFOE (in the case where the Designee exercises all or part of the Call Option); (c) the amount of equity interest (“Target Equity”) which the WFOE proposes to purchase from the Existing Shareholders; and (cd) the date of purchase/date of transfer of equity.

Appears in 1 contract

Samples: Exclusive Option Agreement (Futu Holdings LTD)

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Exercise Steps. Subject to the PRC laws and regulations, the WFOE may exercise the Call Option by issuing a written notice ("Equity Purchase Notice") to the Existing Shareholders Shareholder specifying the following matters: (a) the WFOE’s 's decision on exercise of the Call Option; (b) the amount of equity interest ("Target Equity") which the WFOE proposes to purchase from the Existing ShareholdersShareholder; and (c) the date of purchase/date of transfer of equity.

Appears in 1 contract

Samples: Exclusive Call Option Agreement (X Financial)

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