Common use of Grant of Call Option Clause in Contracts

Grant of Call Option. 2.1 The Existing Shareholders hereby jointly and severally agree to grant exclusively the WFOE an irrevocable and unconditional Call Option, under which the WFOE shall, subject to the PRC Law, be entitled to require the Existing Shareholders to transfer the Option Equity to the WFOE or its designated entity or individual in such methods as set forth herein. The WFOE also agrees to accept such Call Option. 2.2 The Company hereby agrees that the Existing Shareholders grant such Call Option to the WFOE according to Article 2.1 above and other provisions hereunder.

Appears in 4 contracts

Samples: Exclusive Call Option Agreement, Exclusive Call Option Agreement (Tudou Holdings LTD), Exclusive Call Option Agreement (Tudou Holdings LTD)

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Grant of Call Option. 2.1 The Existing Shareholders hereby jointly and severally agree to irrevocably and unconditionally grant exclusively the WFOE an irrevocable and unconditional Call Optionexclusive call option, under pursuant to which the WFOE shall, subject shall be entitled (to the extent permitted by PRC Law, be entitled laws) to require request the Existing Shareholders to transfer the Option Equity to the WFOE or and/or its designated entity or individual in such methods as set forth hereinaccordance with the terms and conditions hereunder. The WFOE also agrees to accept such Call Option. 2.2 The Company SMI hereby agrees that the Existing Shareholders may grant WFOE with such Call Option to the WFOE according to Article in accordance with Section 2.1 above and other provisions hereunder.of this Agreement

Appears in 2 contracts

Samples: Call Option and Cooperation Agreement (Muliang Viagoo Technology, Inc.), Call Option and Cooperation Agreement (M & a Holding Corp.)

Grant of Call Option. 2.1 The Existing Shareholders hereby severally and jointly and severally agree to grant exclusively the WFOE an irrevocable irrevocable, unconditional and unconditional exclusive Call Option, under which the WFOE shall, subject to the PRC Law, be entitled to require the Existing Shareholders to transfer the Option Equity to the WFOE or its designated entity or individual in such methods as set forth herein. The WFOE also agrees to accept such Call Option. 2.2 The Company hereby agrees that the Existing Shareholders grant such Call Option to the WFOE according to Article 2.1 above and other provisions hereunder.

Appears in 1 contract

Samples: Equity Option Agreement (Youku Tudou Inc.)

Grant of Call Option. 2.1 The Existing Shareholders hereby jointly and severally agree to grant exclusively the WFOE an irrevocable and unconditional Call Option, under which the WFOE shall, subject to the PRC Law, be entitled to require the Existing Shareholders to transfer the Option Equity to the WFOE or its designated entity or individual in such methods as set forth herein. The WFOE also agrees to accept such Call Option. 2.2 The Company hereby agrees that the Existing Shareholders grant such Call Option to the WFOE according to Article 2.1 above and other provisions hereunder.

Appears in 1 contract

Samples: Exclusive Call Option Agreement (Tudou Holdings LTD)

Grant of Call Option. 2.1 The Existing Shareholders hereby jointly and severally agree to grant exclusively the WFOE an irrevocable and unconditional Call Option, under which the WFOE shall, subject to the extent permitted by the PRC LawLaws, be entitled to require demand the Existing Shareholders to transfer the Option Equity to the WFOE or its designated entity or individual in such methods as set forth hereinpursuant to the terms and conditions hereof. The WFOE also agrees to accept such Call Option. 2.2 The Company hereby agrees that the Existing Shareholders grant such Call Option to the WFOE according to Article 2.1 above and other provisions hereunderherein.

Appears in 1 contract

Samples: Exclusive Call Option Agreement (LaShou Group Inc.)

Grant of Call Option. 2.1 The Existing Shareholders hereby individually and jointly and severally agree to grant exclusively grant, irrevocably and unconditionally, WFOE the Call Option whereby WFOE an irrevocable and unconditional Call Optionmay, under which the WFOE shall, subject to the extent permitted by the PRC LawLaws, be entitled to require the Existing Shareholders to transfer the Option Equity Optioned Shares to the WFOE and/or such any other persons or its entities designated entity or individual by WFOE in such methods as set forth hereinaccordance with this Agreement. The WFOE also agrees to accept such the Call Option. 2.2 The Target Company hereby agrees that to the grant by the Existing Shareholders grant such of the Call Option to in favor of WFOE under Clause 2.1 hereinabove and the WFOE according to Article 2.1 above and other provisions hereunderof this Agreement.

Appears in 1 contract

Samples: Exclusive Call Option Agreement (Gigamedia LTD)

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Grant of Call Option. 2.1 The Existing Shareholders Shareholder hereby jointly and severally agree to irrevocably and unconditionally grant exclusively the WFOE an irrevocable and unconditional Call Optionexclusive call option, under pursuant to which the WFOE shall, subject shall be entitled (to the extent permitted by PRC Law, be entitled laws) to require request the Existing Shareholders Shareholder to transfer the Option Equity to the WFOE or and/or its designated entity or individual in such methods as set forth hereinaccordance with the terms and conditions hereunder. The WFOE also agrees to accept such Call Option. 2.2 The Company hereby agrees that the Existing Shareholders grant such Call Option to the WFOE according to Article 2.1 above and other provisions hereunder.

Appears in 1 contract

Samples: Call Option Agreement (iDcentrix, Inc.)

Grant of Call Option. 2.1 The Existing Shareholders hereby individually and jointly and severally agree to grant exclusively grant, irrevocably and unconditionally, WFOE the Call Option whereby WFOE an irrevocable and unconditional Call Optionmay, under which the WFOE shall, subject to the extent permitted by the PRC LawLaws, be entitled to require the Existing Shareholders to transfer the Option Equity Optioned Shares to the WFOE and/or such any other persons or its entities designated entity or individual by WFOE in such methods as set forth hereinaccordance with this Agreement. The WFOE also agrees to accept such the Call Option. 2.2 The Target Company hereby agrees that to the grant by the Existing Shareholders grant such of the Call Option to the in favour of WFOE according to Article under Clause 2.1 above and the other provisions hereunderof this Agreement.

Appears in 1 contract

Samples: Exclusive Call Option Agreement (Gigamedia LTD)

Grant of Call Option. 2.1 The Existing Shareholders hereby individually and jointly and severally agree to grant exclusively grant, irrevocably and unconditionally, WFOE the Call Option whereby WFOE an irrevocable and unconditional Call Optionmay, under which the WFOE shall, subject to the extent permitted by the PRC LawLaws, be entitled to require the Existing Shareholders to transfer the Option Equity Optioned Shares to the WFOE and/or such any other persons or its entities designated entity or individual by WFOE in such methods as set forth hereinaccordance with this Agreement. The WFOE also agrees to accept such the Call Option. 2.2 The Target Company hereby agrees that to the grant by the Existing Shareholders grant such of the Call Option to the in favor of WFOE according to Article under Clause 2.1 above and the other provisions hereunderof this Agreement.

Appears in 1 contract

Samples: Exclusive Call Option Agreement (Gigamedia LTD)

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