Common use of Option Granted Clause in Contracts

Option Granted. In consideration of the payment of RMB10.00 by Party A, the receipt and adequacy of which is hereby acknowledged by Party B, Party B hereby irrevocably grants Party A an irrevocable and exclusive right to purchase, or designate one or more persons (each, a "Designee") to purchase the equity interests in Party C then held by Party B (regardless whether Party B's capital contribution to Party C and/or percentage of shareholding in Party C is changed or not in the future) once or at multiple times at any time in part or in whole at Party A's sole and absolute discretion to the extent permitted by Chinese laws and at the price described in Section 1.3 herein (such right being the "Equity Interest Purchase Option"). Except for Party A and the Designee(s), no other person shall be entitled to the Equity Interest Purchase Option or other rights with respect to the equity interests of Party B. Party C hereby agrees to the grant by Party B of the Equity Interest Purchase Option to Party A. The term "person" as used herein shall refer to individuals, corporations, partnerships, partners, enterprises, trusts or non-corporate organizations.

Option Granted. In consideration of the payment of RMB10.00 by Party A, the receipt and adequacy of which is hereby acknowledged by Party B, Party B hereby irrevocably grants Party A an irrevocable and exclusive right to purchase, or designate one or more persons (each, a "“Designee"”) to purchase the equity interests in Party C now or then held by Party B (regardless whether Party B's ’s capital contribution to Party C and/or percentage of shareholding in Party C is changed or not in the future) once or at multiple times at any time in part or in whole at Party A's ’s sole and absolute discretion to the extent permitted by Chinese laws and at the price described in Section 1.3 herein (such right being the "“Equity Interest Purchase Option"”). Except for Party A and the Designee(s), no other person shall be entitled to the Equity Interest Purchase Option or other rights with respect to the equity interests of Party B. Party C hereby agrees to the grant by Party B of the Equity Interest Purchase Option to Party A. The term "“person" ” as used herein shall refer to individuals, corporations, partnerships, partners, enterprises, trusts or non-corporate organizationsany other type of economic entity.

Option Granted. In consideration of the payment of RMB10.00 by Party A, the receipt and adequacy of which is hereby acknowledged by Party B, Party B hereby irrevocably grants Party A an irrevocable and exclusive right to purchase, or designate one or more persons (each, a "“Designee"”) to purchase the equity interests in Party C now or then held by Party B (regardless whether Party B's ’s capital contribution to Party C and/or percentage of shareholding in Party C is changed or not in the future) once or at multiple times at any time in part or in whole at Party A's sole and absolute discretion to the extent permitted by Chinese laws and at the price described in Section 1.3 herein (such right being the "“Equity Interest Purchase Option"”). Except for Party A and the Designee(s), no other person shall be entitled to the Equity Interest Purchase Option or other rights with respect to the equity interests of Party B. Party C hereby agrees to the grant by Party B of the Equity Interest Purchase Option to Party A. The term "“person" ” as used herein shall refer to individuals, corporations, partnerships, partners, enterprises, trusts or non-corporate organizationsany other type of economic entity.

Option Granted. In consideration of the payment of RMB10.00 by Party A, the receipt and adequacy of which is hereby acknowledged by Party B, Party B hereby irrevocably grants Party A an irrevocable and exclusive right to purchase, or designate one or more persons (each, a "“Designee"”) to purchase the equity interests in Party C then held by Party B (regardless whether Party B's ’s capital contribution to Party C and/or percentage of shareholding in Party C is changed or not in the future) once or at multiple times at any time in part or in whole at Party A's ’s sole and absolute discretion to the extent permitted by Chinese laws and at the price described in Section 1.3 herein (such right being the "“Equity Interest Purchase Option"”). Except for Party A and the Designee(s), no other person shall be entitled to the Equity Interest Purchase Option or other rights with respect to the equity interests of Party B. Party C hereby agrees to the grant by Party B of the Equity Interest Purchase Option to Party A. The term "“person" ” as used herein shall refer to individuals, corporations, partnerships, partners, enterprises, trusts or non-corporate organizations.

Option Granted. In consideration of the payment of RMB10.00 RMB 100,000 by Party AA to Zhang Gxx Xxx and Gxxx Xxx Sheng, the prior shareholders of Party C, the receipt and adequacy of which is hereby acknowledged by Party B, Party B hereby irrevocably grants acknowledges and confirms the irrevocable grant by such prior shareholders to Party A an irrevocable and exclusive right to purchase, or designate one or more persons (each, a "Designee") to purchase the equity interests in Party C then held by Party B (regardless whether Party B's capital contribution to Party C and/or percentage of shareholding in Party C is changed or not in the future) once or at multiple times at any time in part or in whole at Party A's sole and absolute discretion to the extent permitted by Chinese laws and at the price described in Section 1.3 herein (such right being the "Equity Interest Purchase Option"). Except for Party A and the Designee(s), no other person shall be entitled to the Equity Interest Purchase Option or other rights with respect to the equity interests of Party B. Party C hereby agrees to the grant by Party B of the Equity Interest Purchase Option to Party A. The term "person" as used herein shall refer to individuals, corporations, partnerships, partners, enterprises, trusts or non-corporate organizations.