Common use of Grant of Transfer Option Clause in Contracts

Grant of Transfer Option. 2.1 The Existing Shareholders hereby severally and jointly agree to grant to The9 Computer an irrevocable, unconditional and exclusive Transfer Option. Pursuant to the Transfer Option, The9 Computer shall have the right to, to the extent permitted by the PRC Laws, require the Existing Shareholders to transfer the Option Equity to The9 Computer or its designated entity or individual according to the terms and conditions of this Agreement. The9 Computer also agrees to accept such Transfer Option.

Appears in 3 contracts

Samples: Exclusive Call Option Agreement, Exclusive Call Option Agreement (The9 LTD), Exclusive Call Option Agreement (The9 LTD)

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Grant of Transfer Option. 2.1 The Existing Shareholders hereby severally separately and jointly agree to grant to The9 Computer an irrevocable, unconditional hereby irrevocably and exclusive Transfer Option. Pursuant to the without any additional conditions with a Transfer Option, under which The9 Computer shall have the right to, to the extent permitted by the PRC Laws, require the Existing Shareholders to transfer the Option Equity to The9 Computer or its designated entity or individual according to in such method as set out herein and as permitted by the terms and conditions of this AgreementPRC Law. The9 Computer also agrees to accept such Transfer Option.

Appears in 2 contracts

Samples: Call Option Agreement (The9 LTD), Equity Transfer Option Agreement (The9 LTD)

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Grant of Transfer Option. 2.1 The Existing Shareholders hereby severally and jointly agree to grant to The9 Computer an irrevocable, unconditional and exclusive Transfer Option. Pursuant to the Transfer Option, The9 Computer shall have the right to, to the extent permitted by the PRC LawsLaw, require the Existing Shareholders to transfer the Option Equity to The9 Computer or its designated entity or individual according to the terms and conditions of this Agreement. The9 Computer also agrees to accept such Transfer Option.

Appears in 1 contract

Samples: Exclusive Call Option Agreement (The9 LTD)

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