Common use of THE GRANT AND EXERCISE OF PURCHASE OPTION Clause in Contracts

THE GRANT AND EXERCISE OF PURCHASE OPTION. 2.1 The Parties hereto agree that Party A shall be granted an exclusive purchase option to acquire, at any time upon satisfaction of the requirements under applicable laws and conditions as agreed in this Agreement (including, without limitation, as under applicable laws, when Party B and/or Party C cease to be Party D's directors or employees, or Party B and/or Party C attempt to transfer their share equity in Party D to any party other than the existing shareholders of Party D), the entire or a portion of Party D's share equity owned by Party B and/or Party C, or the entire or portion of the assets owned by Party D. The purchase option granted hereby shall be irrevocable during the term of this Agreement and may be exercised by Party A or any eligible entity designated by Party A. 2.2 Party A may exercise the aforesaid purchase option by delivering a written notice to any of Party B, Party C and Party D (the "Exercise Notice"). 2.3 Within thirty (30) days of the receipt of the Exercise Notice, Party B, Party C or Party D (as the case may be) shall execute a share/asset transfer contract and other documents (collectively, the "Transfer Documents") necessary to effect the respective transfer of share equity or assets with Party A (or any eligible party designated by Party A). 2.4 When applicable laws permit the exercise of the purchase option provided hereunder and Party A elects to exercise such purchase option, Party B, Party C and Party D shall unconditionally assist Party A to obtain all approvals, permits, registrations, filings and other procedures necessary to effect the transfer of relevant share equity or assets.

THE GRANT AND EXERCISE OF PURCHASE OPTION. 2.1 The Parties hereto agree that Party A shall be granted an exclusive purchase option to acquire, at any time upon satisfaction of the requirements under applicable laws and conditions as agreed in this Agreement (including, without limitation, as under applicable laws, when Party B and/or Party C cease to be Party D's ’s directors or employees, or Party B and/or Party C attempt to transfer their share equity in Party D to any party other than the existing shareholders of Party D), the entire or a portion of Party D's ’s share equity owned by Party B and/or Party C, or the entire or portion of the assets owned by Party D. The purchase option granted hereby shall be irrevocable during the term of this Agreement and may be exercised by Party A or any eligible entity designated by Party A. 2.2 Party A may exercise the aforesaid purchase option by delivering a written notice to any of Party B, Party C and Party D (the "“Exercise Notice"”). 2.3 Within thirty (30) days of the receipt of the Exercise Notice, Party B, Party C or Party D (as the case may be) shall execute a share/asset transfer contract and other documents (collectively, the "“Transfer Documents"”) necessary to effect the respective transfer of share equity or assets with Party A (or any eligible party designated by Party A). 2.4 When applicable laws permit the exercise of the purchase option provided hereunder and Party A elects to exercise such purchase option, Party B, Party C and Party D shall unconditionally assist Party A to obtain all approvals, permits, registrations, filings and other procedures necessary to effect the transfer of relevant share equity or assets.

THE GRANT AND EXERCISE OF PURCHASE OPTION. 2.1 The Parties hereto agree that Party A shall be granted an exclusive purchase option to acquire, at any time upon satisfaction of the requirements under applicable laws and conditions as agreed in this Agreement (including, without limitation, as under applicable laws, when Party B and/or Party C cease to be Party D's ’s directors or employees, or Party B and/or Party C attempt propose to transfer their share equity in Party D to any party other than the existing shareholders of Party D), the entire or a portion of Party D's ’s share equity owned by Party B and/or Party C, or the entire or portion of the assets owned by Party D. D (“Purchase Option”). The purchase option Purchase Option granted hereby shall be irrevocable during the term of this Agreement and may be exercised by Party A or any eligible entity designated by Party A. 2.2 Party A may exercise the aforesaid purchase option by delivering a written notice to any of Party B, Party C and Party D (the "“Exercise Notice"”). 2.3 Within thirty (30) days of the receipt of the Exercise Notice, Party B, B and/or Party C or Party D (as the case may be) shall execute a share/asset transfer contract and other documents (collectively, the "“Transfer Documents"”) necessary to effect the respective transfer of share equity or assets with Party A (or any eligible party designated by Party A). 2.4 When applicable laws permit the exercise of the purchase option provided hereunder and Party A elects to exercise such purchase option, Party B, Party C and Party D shall unconditionally assist Party A to obtain all approvals, permits, registrations, filings and other procedures necessary to effect the transfer of relevant share equity or assets.

THE GRANT AND EXERCISE OF PURCHASE OPTION. 2.1 The Parties hereto agree that Party A shall be granted an exclusive purchase option to acquire, at any time upon satisfaction of the requirements under applicable laws and conditions as agreed in this Agreement (including, without limitation, as under applicable laws, when Party B and/or Party C cease to be Party D's ’s directors or employees, or Party B and/or Party C attempt propose to transfer their share equity in Party D to any party other than the existing shareholders of Party D), the entire or a portion of Party D's ’s share equity owned by Party B and/or Party C, or the entire or portion of the assets owned by Party D. D (“Purchase Option”). The purchase option Purchase Option granted hereby shall be irrevocable during the term of this Agreement and may be exercised by Party A or any eligible entity designated by Party A. 2.2 Party A (or the eligible entity designated by Party A) may exercise the aforesaid purchase option by delivering a written notice to any of Party B, B and/or Party C (as the case may be) subject to the PRC laws and regulations (the “Exercise Notice”), specifying the number of shares intended to be purchased from Party B and/or Party C, or the amount of assets intended to be purchased from Party D (“Purchased Shares (Assets)”), and the "Exercise Notice")method of purchase. 2.3 Within thirty (30) days of the receipt of the Exercise Notice, Party B, B and/or Party C or Party D (as the case may be) shall execute a share/asset transfer contract and other documents (collectively, the "“Transfer Documents"”) necessary to effect the respective transfer of share equity or assets with Party A (or any eligible party designated by Party A). 2.4 When applicable laws permit the exercise of the purchase option provided hereunder and Party A elects to exercise such purchase option, Party B, Party C and Party D shall unconditionally assist Party A to obtain all approvals, permits, registrations, filings and other procedures necessary to effect the transfer of relevant share equity or assets.

THE GRANT AND EXERCISE OF PURCHASE OPTION. 2.1 The Parties hereto agree that Party A shall be granted an exclusive purchase option to acquire, at any time upon satisfaction of the requirements under applicable laws and conditions as agreed in this Agreement (including, without limitation, as under applicable laws, when Party B and/or Party C cease to be Party D's directors or employees, or Party B and/or Party C attempt propose to transfer their share equity in Party D to any party other than the existing shareholders of Party D), the entire or a portion of Party D's share equity owned by Party B and/or Party C, or the entire or portion of the assets owned by Party D. D ("Purchase Option"). The purchase option Purchase Option granted hereby shall be irrevocable during the term of this Agreement and may be exercised by Party A or any eligible entity designated by Party A. 2.2 Party A (or the eligible entity designated by Party A) may exercise the aforesaid purchase option by delivering a written notice to any of Party B, Party C and and/or Party D (as the case may be) subject to the PRC laws and regulations (the "Exercise Notice"), specifying the number of shares intended to be purchased from Party B and/or Party C, or the amount of assets intended to be purchased from Party B ("Purchased Shares (Assets)"), and the method of purchase. 2.3 Within thirty (30) days of the receipt of the Exercise Notice, Party B, Party C or Party D (as the case may be) shall execute a share/asset transfer contract and other documents (collectively, the "Transfer Documents") necessary to effect the respective transfer of share equity or assets with Party A (or any eligible party designated by Party A). 2.4 When applicable laws permit the exercise of the purchase option provided hereunder and Party A elects to exercise such purchase option, Party B, Party C and Party D shall unconditionally assist Party A to obtain all approvals, permits, registrations, filings and other procedures necessary to effect the transfer of relevant share equity or assets.

THE GRANT AND EXERCISE OF PURCHASE OPTION. 2.1 The Parties hereto agree that Party A (and only Party A) shall be granted an exclusive purchase option to acquire, at any time upon satisfaction of the requirements under applicable laws and conditions as agreed in this Agreement (including, without limitation, as under applicable laws, when Party B and/or Party C cease to be Party D's C’s directors or employees, or Party B and/or Party C attempt propose to transfer their share equity in Party D C to any party other than the existing shareholders of Party DC), the entire or a portion of Party D's C’s share equity owned by Party B and/or Party C, or the entire or portion of the assets owned by Party D. (“Purchase Option”). The purchase option Purchase Option granted hereby shall be irrevocable during the term of this Agreement and may be exercised by Party A or any eligible entity designated by Party A. 2.2 Party A may exercise the aforesaid purchase option by delivering a written notice to any of either Party B, B or Party C and Party D (the "“Exercise Notice"”). 2.3 Within thirty (30) days of the receipt of the Exercise Notice, Party B, Party C or Party D (as the case may be) B shall execute a share/asset transfer contract and other documents (collectively, the "“Transfer Documents"”) necessary to effect the respective transfer of share equity or assets with Party A (or any eligible party designated by Party A). 2.4 When applicable laws permit the exercise of the purchase option provided hereunder and Party A elects to exercise such purchase option, Party B, Party C and Party D B shall unconditionally assist Party A to obtain all approvals, permits, registrations, filings and other procedures necessary to effect the transfer of relevant share equity or assets.

THE GRANT AND EXERCISE OF PURCHASE OPTION. 2.1 The Parties hereto agree that Party A (and only Party A) shall be granted an exclusive purchase option to acquire, at any time upon satisfaction of the requirements under applicable laws and conditions as agreed in this Agreement (including, without limitation, as under applicable laws, when Party B and/or Party C cease to be Party D's ’s directors or employees, or Party B and/or Party C attempt propose to transfer their share equity in Party D to any party other than the existing shareholders of Party D), the entire or a portion of Party D's ’s share equity owned by Party B and/or Party C, or the entire or portion of the assets owned by Party D. D (“Purchase Option”). The purchase option Purchase Option granted hereby shall be irrevocable during the term of this Agreement and may be exercised by Party A or any eligible entity designated by Party A. 2.2 Party A (or the eligible entity designated by Party A) may exercise the aforesaid purchase option by delivering a written notice to any of Party B, B and/or Party C (as the case may be) subject to the PRC laws and regulations (the “Exercise Notice”), specifying the number of shares intended to be purchased from Party B and/or Party C, or the amount of assets intended to be purchased from Party D (“Purchased Shares (Assets)”), and the "Exercise Notice")method of purchase. 2.3 Within thirty (30) days of the receipt of the Exercise Notice, Party B, B and/or Party C or Party D (as the case may be) shall execute a share/asset transfer contract and other documents (collectively, the "“Transfer Documents"”) necessary to effect the respective transfer of share equity or assets with Party A (or any eligible party designated by Party A). 2.4 When applicable laws permit the exercise of the purchase option provided hereunder and Party A elects to exercise such purchase option, Party B, Party C and Party D shall unconditionally assist Party A to obtain all approvals, permits, registrations, filings and other procedures necessary to effect the transfer of relevant share equity or assets.

THE GRANT AND EXERCISE OF PURCHASE OPTION. 2.1 1.1. The Parties hereto agree that Party A shall be granted an exclusive purchase option (“Option”) to acquire, at any time upon satisfaction of the requirements under applicable laws and conditions as agreed in this Agreement (including, without limitation, as under applicable laws, when Party B and/or Party C cease to be Party D's directors or employees, or Party B and/or Party C attempt to transfer their share equity in Party D to any party other than the existing shareholders of Party D)time, the entire or a portion of Party D's the Company’s share equity owned by Party B and/or Party C, or to the entire or portion of extent permitted by the assets owned by Party D. PRC Law. The purchase option Option granted hereby shall be irrevocable during the term of this Agreement and may be exercised by Party A or any eligible entity designated by Party A. 2.2 1.2. If PRC Law at the time of exercising the Option restricts the maximum percentage of share equity of the Company that can be purchased by Party A, Party A may (or any eligible entity designated by Party A) has the right to exercise the aforesaid Option in part to purchase option up to the maximum percentage of the share equity of the Company permitted to be held under PRC Law. Party A Shall have the right to exercise the balance of the Option when and to the extent PRC Law allows and the Option shall continue to exist until the entire share equity of the Company is purchased by, and all rights under the share equity are transferred fully to, Party A or its designated entity. 1.3. Party A, by delivering a written notice to any of Party B, Party C and Party D B (the "“Exercise Notice"”), may by itself or designate an eligible entity in writing to exercise the Option. 2.3 1.4. Within thirty (30) days of the receipt of the Exercise Notice, Party B, Party C or Party D (as the case may be) B shall execute a share/asset share transfer contract and other documents (collectively, the "“Transfer Documents"”) necessary to effect the respective transfer of share equity or assets with to Party A (or any eligible party designated by Party A). 2.4 When applicable laws permit 1.5. Upon the exercise of the purchase option provided hereunder Option in whole or in part. Party B and Party A elects to exercise such purchase option, Party B, Party C and Party D the Company shall unconditionally assist Party A or its designee to obtain all approvals, permits, registrations, filings and other procedures necessary to effect the transfer of relevant share equity or assetsequity.

THE GRANT AND EXERCISE OF PURCHASE OPTION. 2.1 The Parties hereto agree that Party A shall be granted an exclusive purchase option to acquire, at any time upon satisfaction of the requirements under applicable laws and conditions as agreed in this Agreement (including, without limitation, as under applicable laws, when Party B and/or Party C cease to be Party D's directors or employees, or Party B and/or Party C attempt to transfer their share equity in Party D to any party other than the existing shareholders of Party D; when Party C is no longer owned by IDG Technology Venture Investment, Inc. and IDG Technology Venture Investment, LP; or when neither IDG Technology Venture Investment, Inc. nor IDG Technology Venture Investment, LP is a shareholder of Party A), the entire or a portion of Party D's share equity owned by Party B and/or Party C, or the entire or portion of the assets owned by Party D. The purchase option granted hereby shall be irrevocable during the term of this Agreement and may be exercised by Party A or any eligible entity designated by Party A. 2.2 Party A may exercise the aforesaid purchase option by delivering a written notice to any of Party B, Party C and Party D (the "Exercise Notice"). 2.3 Within thirty (30) days of the receipt of the Exercise Notice, Party B, Party C or Party D (as the case may be) shall execute a share/asset transfer contract and other documents (collectively, the "Transfer Documents") necessary to effect the respective transfer of share equity or assets with Party A (or any eligible party designated by Party A). 2.4 When applicable laws permit the exercise of the purchase option provided hereunder and Party A elects to exercise such purchase option, Party B, Party C and Party D shall unconditionally assist Party A to obtain all approvals, permits, registrations, filings and other procedures necessary to effect the transfer of relevant share equity or assets.

THE GRANT AND EXERCISE OF PURCHASE OPTION. 2.1 The Parties hereto agree that 1.1 Grant: Party B hereby grants Party A shall be granted an irrevocable exclusive purchase option to acquire, at any time upon satisfaction purchase all or part of the requirements under applicable laws and conditions as agreed in this Agreement (including, without limitation, as under applicable laws, when Party B and/or Party C cease to be Party D's directors or employees, or Party B and/or Party C attempt to transfer their share equity in Party D to any party other than the existing shareholders shares of Party D)C, the entire or a portion of Party D's share equity currently owned by Party B and/or B; Party C hereby grants Party A an irrevocable exclusive purchase option to purchase all or part of the assets and business of Party C, or in each case in accordance with Article 1.3 of this agreement (the entire or portion of the assets owned by Party D. “Option”). The aforesaid purchase option granted hereby options are irrevocable and shall be irrevocable during the term of this Agreement and may be exercised only by Party A (or any eligible entity designated the qualified persons appointed by Party A.A). The term “person” used herein shall include any individual, entity, corporation, partnership, joint venture and non-corporate organizations. 2.2 1.2 Exercise Procedures: 1.2.1 Party A may exercise the aforesaid purchase option by delivering a written notice to any of shall notify Party B, B or Party C and Party D in writing prior to exercising its option (the "Exercise “Option Notice"” hereinafter). 2.3 Within thirty (30) days of the 1.2.2 The next day upon receipt of the Exercise Option Notice, Parties B and C, together with party A (or the qualified person appointed by Party BA), Party C or Party D (as the case may be) shall execute promptly compile a share/asset transfer contract and other whole set of documents (collectively, the "“Transfer Documents"”) necessary to effect be submitted to the respective transfer of share equity government authorities for approving the shares or assets and business transfer in connection with the Option exercise so that the shares or assets and business transfer can be transferred, in whole or in part. 1.2.3 Upon the completion of the compilation of all the Transfer Documents and the Transfer Documents being confirmed by Party A, Parties B and C shall promptly and unconditionally obtain, together with Party A (or any eligible party designated the qualified person appointed by Party A). 2.4 When applicable laws permit the exercise of the purchase option provided hereunder and Party A elects to exercise such purchase option, Party B, Party C and Party D shall unconditionally assist Party A to obtain all approvals, permitspermissions, registrations, filings documents and other procedures necessary approvals to effect effectuate the transfer of relevant share equity the shares or assetsremaining assets and business of Party C in connection with the Option exercise.

THE GRANT AND EXERCISE OF PURCHASE OPTION. 2.1 The Parties hereto agree that Party A shall be granted an exclusive purchase option to acquire, at any time upon satisfaction of the requirements under applicable laws and conditions as agreed in this Agreement (including, without limitation, as under applicable laws, when Party B and/or Party C cease to be Party D's ’s directors or employees, or Party B and/or Party C attempt to transfer their share equity in Party D to any party other than the existing shareholders of Party D), the ) or designate eligible entity to acquire entire or a portion of Party D's ’s share equity or owned by Party B and/or and Party C, C or the entire or portion each of the assets owned by Party D. them(“Option”). The purchase option Option granted hereby shall be irrevocable during the term of this Agreement and may be exercised by Party A or any eligible entity designated by Party A. 2.2 Pursuant to the laws and regulations of the PRC, Party A (or its designated eligible entity) may exercise the aforesaid purchase option Option by delivering a written notice to any of Party B, B and Party C and or Party D (as the "case maybe) (the “Exercise Notice"”). The Exercise Notice shall define the specific portion of the shares to be purchased from Party B and/or Party C or the assets to be purchased from Party D (hereinafter referred to as the “Purchased Shares (Asset)) and the purchase method. 2.3 Within thirty (30) days of the receipt of the Exercise Notice, Party B, Party C C, or Party D (as the case may be) shall execute a share/asset transfer contract and other documents necessary to carry through such transfer (collectively, the "“Transfer Documents"”) necessary to effect the respective transfer of share equity or assets with Party A (or any eligible party designated by Party A). 2.4 When applicable laws permit the exercise of the purchase option provided hereunder and Party A elects to exercise such purchase option, Party B, Party C and Party D shall unconditionally assist Party A to obtain all approvals, permits, registrations, filings and other procedures necessary to effect the transfer of relevant share equity or assets.

THE GRANT AND EXERCISE OF PURCHASE OPTION. 2.1 The Parties hereto agree that Party A shall be granted an exclusive purchase option to acquire, at any time upon satisfaction of the requirements under applicable laws and conditions as agreed in this Agreement (including, without limitation, as under applicable laws, when Party B and/or Party C cease to be Party D's directors or employees, or Party B and/or Party C attempt to transfer their share equity in Party D to any party other than the existing shareholders of Party D), the entire or a portion of Party D's share equity owned by Party B and/or Party C, or the entire or portion of the assets owned by Party D. The purchase option granted hereby shall be irrevocable during the term of this Agreement and may be exercised by Party A or any eligible entity designated by Party A. 2.2 Party A may exercise the aforesaid purchase option by delivering a written notice to any of Party B, Party C and Party D (the "Exercise Notice"). 2.3 Within thirty (30) days of the receipt of the Exercise Notice, Party B, Party C or Party D (as the case may be) shall execute a share/asset transfer contract and other documents (collectively, the "Transfer Documents") necessary to effect the respective transfer of share equity or assets with Party A (or any eligible party designated by Party A). 2.4 When applicable laws permit the exercise of the purchase option provided hereunder Here under and Party A elects to exercise such purchase option, Party B, Party C and Party D shall unconditionally assist Party A to obtain all approvals, permits, registrations, filings and other procedures necessary to effect the transfer of relevant share equity or assets.

THE GRANT AND EXERCISE OF PURCHASE OPTION. 2.1 The Parties hereto agree that Party A B shall be granted an exclusive purchase option to acquire, at any time upon satisfaction of the requirements under applicable laws and conditions as agreed in this Agreement (including, without limitation, as under applicable laws, when Party B and/or Party C cease or designate eligible entity to be Party D's directors or employees, or Party B and/or Party C attempt to transfer their share equity in Party D to any party other than the existing shareholders of Party D), the acquire entire or a portion of Party D's A’s share equity or owned by Shareholders of Party B and/or Party C, A or the entire or portion each of the assets owned by Party D. them(“Option”). The purchase option Option granted hereby shall be irrevocable during the term of this Agreement and may be exercised by Party A B or any eligible entity designated by Party A.B. 2.2 Pursuant to the laws and regulations of the PRC, Party A B (or its designated eligible entity) may exercise the aforesaid purchase option Option by delivering a written notice to any of Shareholders of Party B, Party C and Party D A (the "“Exercise Notice"”). The Exercise Notice shall define the specific portion of the shares to be purchased from Shareholders of Party A or the assets to be purchased from Party A (hereinafter referred to as the “Purchased Shares (Asset)) and the purchase method. 2.3 Within thirty (30) days of the receipt of the Exercise Notice, Shareholders of Party B, Party C or Party D (as the case may be) A shall execute a share/asset transfer contract and other documents necessary to carry through such transfer (collectively, the "“Transfer Documents"”) necessary to effect the respective transfer of share equity or assets with Party A B (or any eligible party designated by Party AB). 2.4 When applicable laws permit the exercise of the purchase option provided hereunder and Party A B elects to exercise such purchase option, Shareholders of Party B, Party C and Party D A shall unconditionally assist Party A B to obtain all approvals, permits, registrations, filings and other procedures necessary to effect the transfer of relevant share equity or assets.

THE GRANT AND EXERCISE OF PURCHASE OPTION. 2.1 The Parties hereto agree that Party A shall be granted an exclusive purchase option to acquire, at any time upon satisfaction of the requirements under applicable laws and conditions as agreed in this Agreement (including, without limitation, as under applicable laws, when Party B and/or Party C cease to be Party D's ’s directors or employees, or Party B and/or Party C attempt to transfer their share equity in Party D to any party other than the existing shareholders of Party D), the entire or a portion of Party D's ’s share equity owned by Party B and/or Party C, or the entire or portion of the assets owned by Party D. The purchase option granted hereby shall be irrevocable during the term of this Agreement and may be exercised by Party A or any eligible entity designated by Party A. 2.2 Party A may exercise the aforesaid purchase option by delivering a written notice to any of Party B, Party C and Party D (the "“Exercise Notice"”). 2.3 Within thirty (30) days of the receipt of the Exercise Notice, Party B, Party C or Party D (as the case may be) shall execute a share/asset transfer contract and other documents (collectively, the "“Transfer Documents"”) necessary to effect the respective transfer of share equity or assets with Party A (or any eligible party designated by Party A). 2.4 When applicable laws permit the exercise of the purchase option provided hereunder Here under and Party A elects to exercise such purchase option, Party B, Party C and Party D shall unconditionally assist Party A to obtain all approvals, permits, registrations, filings and other procedures necessary to effect the transfer of relevant share equity or assets.

THE GRANT AND EXERCISE OF PURCHASE OPTION. 2.1 The Parties hereto agree that Party A shall be granted an exclusive purchase option to acquire, at any time upon satisfaction of the requirements under applicable laws and conditions as agreed in this Agreement (including, without limitation, as under applicable laws, when Party B and/or Party C cease to be Party D's directors or employees, or Party B and/or Party C attempt to transfer their share equity in Party D to any party other than the existing shareholders of Party D), the ) or designate eligible entity to acquire entire or a portion of Party D's share equity or owned by Party B and/or and Party C, C or the entire or portion each of the assets owned by Party D. them(“Option”). The purchase option Option granted hereby shall be irrevocable during the term of this Agreement and may be exercised by Party A or any eligible entity designated by Party A. 2.2 Pursuant to the laws and regulations of the PRC, Party A (or its designated eligible entity) may exercise the aforesaid purchase option Option by delivering a written notice to any of Party B, B and Party C and or Party D (as the case maybe) (the "Exercise Notice"). The Exercise Notice shall define the specific portion of the shares to be purchased from Party B and/or Party C or the assets to be purchased from Party D (hereinafter referred to as the “Purchased Shares (Asset)) and the purchase method. 2.3 Within thirty (30) days of the receipt of the Exercise Notice, Party B, Party C C, or Party D (as the case may be) shall execute a share/asset transfer contract and other documents necessary to carry through such transfer (collectively, the "Transfer Documents") necessary to effect the respective transfer of share equity or assets with Party A (or any eligible party designated by Party A). 2.4 When applicable laws permit the exercise of the purchase option provided hereunder and Party A elects to exercise such purchase option, Party B, Party C and Party D shall unconditionally assist Party A to obtain all approvals, permits, registrations, filings and other procedures necessary to effect the transfer of relevant share equity or assets.

THE GRANT AND EXERCISE OF PURCHASE OPTION. 2.1 1.1 The Parties hereto agree that Party A shall be granted an exclusive purchase option to acquire, at any time upon satisfaction of the requirements under applicable laws and conditions as agreed in this Agreement (including, without limitation, as under applicable laws, when Party B and/or Party C cease ceases to be Party DC's directors or employeesdirector, or Party B and/or Party C attempt attempts to transfer their his share equity in Party D C to any party other than the existing shareholders of Party D)person, the entire or a portion of Party DC's share equity owned by Party B and/or Party CB, or the entire or portion of the assets owned by Party D. C. The purchase option granted hereby shall be irrevocable during the term of this Agreement and may be exercised by Party A or any eligible entity designated by Party A. 2.2 1.2 Party A may exercise the aforesaid purchase option by delivering a written notice to any of Party B, B or Party C and Party D (the "Exercise Notice"). 2.3 1.3 Within thirty (30) days of the receipt of the Exercise Notice, Party B, B or Party C or Party D (as the case may be) shall execute a share/asset transfer contract and other documents (collectively, the "Transfer Documents") necessary to effect the respective transfer of share equity or assets with Party A (or any eligible party Party designated by Party A). 2.4 1.4 When applicable laws permit the exercise of the purchase option provided hereunder and Party A elects to exercise such purchase option, Party B, B and Party C and Party D shall unconditionally assist Party A to obtain all approvals, permits, registrations, filings and other procedures necessary to effect the transfer of relevant share equity or assets.

THE GRANT AND EXERCISE OF PURCHASE OPTION. 2.1 The Parties hereto agree that Party A shall be granted an exclusive purchase option to acquire, at any time upon satisfaction of the requirements under applicable laws and conditions as agreed in this Agreement (including, without limitation, as under applicable laws, when Party B and/or Party C cease to be Party D's directors or employees, or Party B and/or Party C attempt to transfer their share equity in Party D to any party other than the existing shareholders of Party D), the entire or a portion of Party D's share equity owned by Party B and/or Party C, or the entire or portion of the assets owned by Party D. The purchase option granted hereby shall be irrevocable during the term of this Agreement and may be exercised by Party A or any eligible entity designated by Party A. 2.2 Party A may exercise the aforesaid purchase option by delivering a written notice to any of Party B, Party C and Party D (the "Exercise Notice"). 2.3 Within thirty (30) days of the receipt of the Exercise Notice, Party B, Party C or Party D (as the case may be) shall execute a share/asset transfer contract and other documents (collectively, the "Transfer Documents") necessary to effect the respective transfer of share equity or assets with Party A (or any eligible party designated by Party A). 2.4 When applicable laws permit the exercise of the purchase option provided hereunder and Party A elects to exercise such purchase option, Party B, Party C and Party D shall unconditionally assist Party A to obtain all approvals, permits, registrations, filings and other procedures necessary to effect the transfer of relevant share equity or assets.