Common use of Target Equity Interest Clause in Contracts

Target Equity Interest. 1.1 Sungy Data shall have the right to require the Shareholders to transfer any and all of the equity interest of Jiubang Digital the Shareholders hold (“Target Equity”) to Sungy Data, the WFOE or a third party designated by Sungy Data (“Designee”), in whole or in part, subject to the Sungy Data’s specific requirements (“Equity Transfer Option”), and the Shareholders shall transfer the Target Equity to Sungy Data, the WOFE and/or the Designee in accordance with the Sungy Data’s requirements under the following circumstances: 1.1.1 Sungy Data, the WFOE and/or the Designee can legally own all or part of the Target Equity under the laws of China and administrative regulations; or 1.1.2 Any other circumstances deemed as appropriate or necessary by Sungy Data in its sole discretion. 1.2 Sungy Data shall have the right to exercise its purchase right in whole or in part and to acquire the Target Equity in whole or in part without any limit at any time and from time to time. 1.3 Sungy Data may designate any third party to acquire the Target Equity in whole or in part and the Shareholders shall not refuse and shall transfer the Target Equity in whole or in part to such Designee as requested by Sungy Data. 1.4 Prior to the transfer of the Target Equity to Sungy Data, the WFOE or the Designee according to this Agreement, the Shareholders shall not transfer the Target Equity without Sungy Data’s prior written consent.

Target Equity Interest. 1.1 Sungy Data shall have the right to require the Shareholders to transfer any and all of the equity interest of Jiubang Digital Xxxxx Advertising the Shareholders hold (“Target Equity”) to Sungy Data, the WFOE or a third party designated by Sungy Data (“Designee”), in whole or in part, subject to the Sungy Data’s specific requirements (“Equity Transfer Option”), and the Shareholders shall transfer the Target Equity to Sungy Data, the WOFE and/or the its Designee in accordance with the Sungy Data’s requirements under the following circumstances: 1.1.1 Sungy Data, the WFOE and/or the Designee can legally own all or part of the Target Equity under the laws of China and administrative regulations; or 1.1.2 Any other circumstances deemed as appropriate or necessary by Sungy Data in its sole discretion. 1.2 Sungy Data shall have the right to exercise its purchase right in whole or in part and to acquire the Target Equity in whole or in part without any limit at any time and from time to time. 1.3 Sungy Data may designate any third party to acquire the Target Equity in whole or in part and the Shareholders shall not refuse and shall transfer the Target Equity in whole or in part to such Designee as requested by Sungy Data. 1.4 Prior to the transfer of the Target Equity to Sungy Data, the WFOE or the Designee according to this Agreement, the Shareholders shall not transfer the Target Equity without Sungy Data’s prior written consent.

Target Equity Interest. 1.1 Sungy Data shall have the right to require the Shareholders to transfer any and all of the equity interest of Jiubang Digital Zhiteng Computer the Shareholders hold (“Target Equity”) to Sungy Data, the WFOE or a third party designated by Sungy Data (“Designee”), in whole or in part, subject to the Sungy Data’s specific requirements (“Equity Transfer Option”), and the Shareholders shall transfer the Target Equity to Sungy Data, the WOFE and/or the its Designee in accordance with the Sungy Data’s requirements under the following circumstances: 1.1.1 Sungy Data, the WFOE and/or the Designee can legally own all or part of the Target Equity under the laws of China and administrative regulations; or 1.1.2 Any other circumstances deemed as appropriate or necessary by Sungy Data in its sole discretion. 1.2 Sungy Data shall have the right to exercise its purchase right in whole or in part and to acquire the Target Equity in whole or in part without any limit at any time and from time to time. 1.3 Sungy Data may designate any third party to acquire the Target Equity in whole or in part and the Shareholders shall not refuse and shall transfer the Target Equity in whole or in part to such Designee as requested by Sungy Data. 1.4 Prior to the transfer of the Target Equity to Sungy Data, the WFOE or the Designee according to this Agreement, the Shareholders shall not transfer the Target Equity without Sungy Data’s prior written consent.

Target Equity Interest. 1.1 Sungy Data shall have the right to require the Shareholders to transfer any and all of the equity interest of Jiubang Digital Guangzhou Hengye the Shareholders hold (“Target Equity”) to Sungy Data, the WFOE or a third party designated by Sungy Data (“Designee”), in whole or in part, subject to the Sungy Data’s specific requirements (“Equity Transfer Option”), and the Shareholders shall transfer the Target Equity to Sungy Data, the WOFE and/or the its Designee in accordance with the Sungy Data’s requirements under the following circumstances: 1.1.1 Sungy Data, the WFOE and/or the Designee can legally own all or part of the Target Equity under the laws of China and administrative regulations; or 1.1.2 Any other circumstances deemed as appropriate or necessary by Sungy Data in its sole discretion. 1.2 Sungy Data shall have the right to exercise its purchase right in whole or in part and to acquire the Target Equity in whole or in part without any limit at any time and from time to time. 1.3 Sungy Data may designate any third party to acquire the Target Equity in whole or in part and the Shareholders shall not refuse and shall transfer the Target Equity in whole or in part to such Designee as requested by Sungy Data. 1.4 Prior to the transfer of the Target Equity to Sungy Data, the WFOE or the Designee according to this Agreement, the Shareholders shall not transfer the Target Equity without Sungy Data’s prior written consent.