Common use of Share Purchase Price and Assets Purchase Price Clause in Contracts

Share Purchase Price and Assets Purchase Price. 1.3.1 With respect to the Optioned Shares, unless an appraisal is required by Chinese laws or regulations when Party A exercises the option, the purchase price of the Optioned Shares (“Share Purchase Price”) shall be RMB one Yuan (RMB 1.00); if the minimum price then permitted by Chinese laws is greater than the price above, the purchase price shall be the minimum price permitted by the laws. If the Pledgors receive a transfer price exceeding RMB one Yuan (RMB 1.00) for the Optioned Shares held by the Pledgors, or receive profit distribution, capital bonuses, dividends, or dividend distribution in any form made by Party C, the Pledgors acknowledge that, subject to Chinese laws, Party A is entitled to the portion of interests exceeding RMB one Yuan (RMB 1.00). The Pledgors shall instruct the relevant transferee or Party C to pay such portion of interests to the bank account then designated by Party A.

Share Purchase Price and Assets Purchase Price. 1.3.1 With respect to the Optioned Shares, unless an appraisal is required by Chinese laws or regulations when Party A exercises the option, the purchase price of the Optioned Shares (“Share Purchase Price”) shall be RMB one Yuan (RMB 1.00); if the minimum price then permitted by Chinese laws is greater than the price above, the purchase price shall be the minimum price permitted by the laws. If the Pledgors Party B receive a transfer price exceeding RMB one Yuan (RMB 1.00) for the Optioned Shares held by the PledgorsParty B, or receive profit distribution, capital bonuses, dividends, or dividend distribution in any form made by Party C, the Pledgors Party B acknowledge that, subject to Chinese laws, Party A is entitled to the portion of interests exceeding RMB one Yuan (RMB 1.00). The Pledgors Party B shall instruct the relevant transferee or Party C to pay such portion of interests to the bank account then designated by Party A.