Common use of Time of Transfer Clause in Contracts

Time of Transfer. 3.1 The transfer of any part or all of the Equity Interest hereunder shall be effected at a time determined by Newegg at its sole discretion by delivering to the Shareholder(s) a written notice, substantially in the form as set forth on Exhibit B attached hereto (the “Exercise Notice”). To the extent permitted under PRC law, Newegg may request at any time that the Shareholder(s) transfer any part or all of the Equity Interest to Newegg and/or its designee(s).