Common use of Grant of Equity Transfer Option Clause in Contracts

Grant of Equity Transfer Option. 2.1 The Existing Shareholders hereby severally and jointly agree to grant the WFOE an irrevocable, unconditional and exclusive Equity Transfer Option. Pursuant to such Equity Transfer Option, the WFOE is entitled to, to the extent permitted by the PRC Law, request the Existing Shareholders to transfer the Option Equity to the WFOE or its designated entity or individual according to the method specified in this Agreement. The WFOE also agrees to accept such Equity Transfer Option.

Appears in 2 contracts

Samples: Equity Transfer Option Agreement (Lizhi Inc.), Equity Transfer Option Agreement (Lizhi Inc.)

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Grant of Equity Transfer Option. 2.1 The Existing Shareholders hereby severally and jointly agree to grant the WFOE an irrevocable, unconditional and exclusive Equity Transfer Option. Pursuant to such Equity Transfer Option, the WFOE is entitled to, to the extent permitted by the PRC Law, request the Existing Shareholders to transfer the Option Equity to the WFOE or its designated entity or individual according to the method specified in this terms and conditions of the Agreement. The WFOE also agrees to accept such Equity Transfer Option.

Appears in 1 contract

Samples: Exclusive Call Option Agreement (Boqii Holding LTD)

Grant of Equity Transfer Option. 2.1 The Existing Shareholders Shareholder hereby severally and jointly agree agrees to grant the WFOE an irrevocable, unconditional and exclusive Equity Transfer Option. Pursuant to such Equity Transfer Option, the WFOE is entitled to, to the extent permitted by the PRC Law, request the Existing Shareholders Shareholder to transfer the Option Equity to the WFOE or its designated entity or individual according to the method specified in this Agreement. The WFOE also agrees to accept such Equity Transfer Option.

Appears in 1 contract

Samples: Exclusive Equity Transfer Option Agreement (Lizhi Inc.)

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Grant of Equity Transfer Option. 2.1 The Existing Shareholders hereby severally and jointly agree to grant the WFOE an irrevocable, unconditional and exclusive Equity Transfer Option. Pursuant to such Equity Transfer Option, the WFOE is entitled to, to the extent permitted by the PRC Law, request the Existing Shareholders to transfer the Option Equity to the WFOE or its designated entity or individual according to the method specified in this Agreement. The WFOE also agrees to accept such Equity Transfer Option.

Appears in 1 contract

Samples: Option Agreement (Lizhi Inc.)

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