THE GRANT AND EXERCISE OF PURCHASE OPTION. 1.1 Grant: Party B hereby grant Party A an irrevocable exclusive purchase option to purchase all or part of the shares of Opco, currently owned by any of Party B; Opco further hereby grant Party A an irrevocable exclusive purchase option to purchase all or part of the assets and business of Opco, in each case in accordance with Article 1.3 of this Agreement (the “Option”). The aforesaid purchase options are irrevocable and shall be exercised only by Party A (or the qualified persons appointed by Party A). The term “person” used herein shall include any entity, corporation, partnership, joint venture and non-corporate organizations.
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Samples: Exclusive Option Agreement (China Industrial Steel Inc.), Exclusive Option Agreement (Kirin International Holding, Inc.), Exclusive Option Agreement (Kirin International Holding, Inc.)
THE GRANT AND EXERCISE OF PURCHASE OPTION. 1.1 Grant: Party B hereby grant Party A an irrevocable exclusive purchase option to purchase all or part of the shares share equity of Opco, currently owned by any of Party B; Opco further hereby grant Party A an irrevocable exclusive purchase option to purchase all or part of the assets and business of Opco, in each case in accordance with Article 1.3 of this Agreement (the “Option”). The aforesaid purchase options are irrevocable and shall be exercised only by Party A (or the qualified persons appointed by Party A). The term “person” used herein shall include any entity, corporation, partnership, joint venture and non-corporate organizations.
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THE GRANT AND EXERCISE OF PURCHASE OPTION. 1.1 Grant: Party B hereby grant Party A an irrevocable exclusive purchase option to purchase all or part of the shares share equity of Opco, currently owned by any of Party B; Opco further hereby grant Party A an irrevocable exclusive purchase option to purchase all or part of the assets and business of Opco, in each case in accordance with Article 1.3 of this Agreement (the “Option”). The aforesaid purchase options are irrevocable and shall be exercised only by Party A (or the qualified persons appointed by Party A). The term “person” used herein shall include any entity, corporation, partnership, joint venture and non-corporate organizations.
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Samples: Exclusive Option Agreement (Comjoyful International Co)
THE GRANT AND EXERCISE OF PURCHASE OPTION. 1.1 Grant: Party B hereby grant grants Party A an irrevocable exclusive purchase option to purchase all or part of the shares of Opco, currently owned by any of Party B; Opco further hereby grant grants Party A an irrevocable exclusive purchase option to purchase all or part of the assets and business of Opco, in each case in accordance with Article 1.3 of this Agreement (the “Option”). The aforesaid purchase options are irrevocable and shall be exercised only by Party A (or the qualified persons appointed by Party A). The term “person” used herein shall include any entity, corporation, partnership, joint venture and non-corporate organizations.
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