Common use of Transfer of the Purchased Equity Interest Clause in Contracts

Transfer of the Purchased Equity Interest. Every time upon Party A's performance of the Purchase Right of Equity Interest: (a) Party B shall supervise and urge Party C to convene the shareholders meeting, and during the meeting, to pass the decision or resolution to transfer the equity interest from Party B to Party A and/or the Designated Persons; (b) Party B shall, upon the terms and conditions of this Contract and the Notice of Purchase of Equity Interest, enter into Equity Interest Transfer Contract with Party A (or, in applicable situation, the Designated Persons); (c) The related parties shall execute all other requisite contracts, agreements or documents, acquire all requisite approval and consent of the government, and, without any security interest, perform all requisite action to transfer the valid ownership of the Purchased Equity Interest to Party A and/or the Designated Person, and to cause Party A and/or the Designated Person to be the registered owner of the Purchased Equity Interest. For this Section and this Contract, "Security Interest" has the meaning of security, mortgage, right or interest of the third party, any purchase right of equity interest, right of acquisition, prior purchase right, right of set-off, ownership detainment or other security arrangements. To further define the meaning, it does not include any security interest subject to this Contract or the equity interest pledge contract of Party B. As described in this Section and this Contract, "the Equity Interest Pledge Contract of Party B" has the meaning of the Equity Interest Pledge Contract entered into by Shanghai Huitong Information Co., Ltd. and Party B dated as of the execution date of this Contract. According to the said Contract, to secure Party C to perform the obligations subject to the Exclusive Technology Consulting and Service Agreement entered into between Party C and Shanghai Huitong Information Co., Ltd., Party B pledges all its equity interest in Party C to Shanghai Huitong Information Co., Ltd..

Transfer of the Purchased Equity Interest. Every time upon Party A's ’s performance of the Purchase Right of Equity Interest: (a) Party B shall supervise and urge Party C to convene the shareholders meeting, and during the meeting, to pass the decision or resolution to transfer the equity interest from Party B to Party A and/or the Designated Persons; (b) Party B shall, upon the terms and conditions of this Contract Agreement and the Notice of Purchase of Equity Interest, enter into Equity Interest Transfer Contract a equity interest transfer agreement with Party A (or, in applicable situation, the Designated Persons);; and (c) The related parties shall execute all other requisite contracts, agreements or documents, acquire all requisite approval and consent of the government, and, without any security interest, perform all requisite action to transfer the valid ownership of the Purchased Equity Interest purchased equity interest to Party A and/or the Designated Person, and to cause Party A and/or the Designated Person to be the registered owner of the Purchased Equity Interestpurchased equity interest. For this Section and this Contractagreement, "“Security Interest" ” has the meaning of security, mortgage, right or interest of the third party, any purchase right of equity interest, right of acquisition, prior purchase right, right of set-off, ownership detainment or other security arrangements. To further define the meaning, it does not include any security interest subject to this Contract Agreement or the equity interest pledge contract of Party B. As described in this Section and this Contractagreement, "“the Equity Interest Pledge Contract Agreement of Party B" ” has the meaning of the Equity Interest Pledge Contract Agreement entered into by Shanghai Huitong Information Co., Ltd. Party D and Party B dated as of the execution date of this ContractAgreement. According to the said Contractagreement, to secure Party C to perform the obligations subject to the Exclusive Technology Consulting and Service Agreement entered into between Party C and Shanghai Huitong Information Co., Ltd.Party D, Party B pledges all its equity interest in Party C to Shanghai Huitong Information Co., Ltd..Party D.

Transfer of the Purchased Equity Interest. Every time upon Party A's ’s performance of the Purchase Right of Equity Interest: (a) Party B shall supervise and urge Party C to convene the shareholders meeting, and during the meeting, to pass the decision or resolution to transfer the equity interest from Party B to Party A and/or the Designated Persons; (b) Party B shall, upon the terms and conditions of this Contract agreement and the Notice of Purchase of Equity Interest, enter into Equity Interest Transfer Contract Agreement with Party A (or, in applicable situation, the Designated Persons);; and (c) The related parties shall execute all other requisite contracts, agreements or documents, acquire all requisite approval and consent of the government, and, without any security interest, perform all requisite action to transfer the valid ownership of the Purchased Equity Interest to Party A and/or the Designated Person, and to cause Party A and/or the Designated Person to be the registered owner of the Purchased Equity Interest. For this Section and this Contractagreement, "“Security Interest" ” has the meaning of security, mortgage, right or interest of the third party, any purchase right of equity interest, right of acquisition, prior purchase right, right of set-off, ownership detainment or other security arrangements. To further define the meaning, it does not include any security interest subject to this Contract Agreement or the equity interest pledge contract of Party B. As described in this Section and this Contractagreement, "“the Equity Interest Pledge Contract Agreement of Party B" ” has the meaning of the Equity Interest Pledge Contract Agreement entered into by Shanghai Huitong Information Co., Ltd. Party D and Party B dated as of the execution date of this ContractAgreement. According to the said Contractagreement, to secure Party C to perform the obligations subject to the Exclusive Technology Consulting and Service Agreement entered into between Party C and Shanghai Huitong Information Co., Ltd.Party D, Party B pledges all its equity interest in Party C to Shanghai Huitong Information Co., Ltd..Party D.

Transfer of the Purchased Equity Interest. Every time upon Party A's ’s performance of the Purchase Right of Equity Interest: (a) Party B shall supervise and urge Party C to convene the shareholders meeting, and during the meeting, to pass the decision or resolution to transfer the equity interest from Party B to Party A and/or the Designated Persons; (b) Party B shall, upon the terms and conditions of this Contract agreement and the Notice of Purchase of Equity Interest, enter into Equity Interest Transfer Contract a equity interest transfer agreement with Party A (or, in applicable situation, the Designated Persons);; and (c) The related parties shall execute all other requisite contracts, agreements or documents, acquire all requisite approval and consent of the government, and, without any security interest, perform all requisite action to transfer the valid ownership of the Purchased Equity Interest purchased equity interest to Party A and/or the Designated Person, and to cause Party A and/or the Designated Person to be the registered owner of the Purchased Equity Interestpurchased equity interest. For this Section and this Contractagreement, "“Security Interest" ” has the meaning of security, mortgage, right or interest of the third party, any purchase right of equity interest, right of acquisition, prior purchase right, right of set-off, ownership detainment or other security arrangements. To further define the meaning, it does not include any security interest subject to this Contract agreement or the equity interest pledge contract of Party B. As described in this Section and this Contractagreement, "“the Equity Interest Pledge Contract Agreement of Party B" ” has the meaning of the Equity Interest Pledge Contract Agreement entered into by Shanghai Huitong Information Co., Ltd. Party D and Party B dated as of the execution date of this Contractagreement. According to the said Contractagreement, to secure Party C to perform the obligations subject to the Exclusive Technology Consulting and Service Agreement entered into between Party C and Shanghai Huitong Information Co., Ltd.Party D, Party B pledges all its equity interest in Party C to Shanghai Huitong Information Co., Ltd..Party D.

Transfer of the Purchased Equity Interest. Every time upon Party A's performance ’s exercising of the Purchase Right of Equity Interest: (a) Party B shall supervise and urge Party C to convene the shareholders meeting, and during the meeting, to pass the decision or resolution to transfer the equity interest from Party B to Party A and/or the Designated Persons; (b) Party B shall, upon the terms and conditions of this Contract agreement and the Notice of Purchase of Equity Interest, enter into Equity Interest Transfer Contract Agreement with Party A (or, in applicable situation, the Designated Persons);; and (c) The related parties shall execute all other requisite contracts, agreements or documents, acquire all requisite approval and consent of the government, and, without any security interest, perform all requisite action to transfer the valid ownership of the Purchased Equity Interest to Party A and/or the Designated Person, and to cause Party A and/or the Designated Person to be the registered owner of the Purchased Equity Interest. For this Section and this Contractagreement, "“Security Interest" ” has the meaning of security, mortgage, right or interest of the third party, any purchase right of equity interest, right of acquisition, prior purchase right, right of set-off, ownership detainment or other security arrangements. To further define the meaning, it does not include any security interest subject to this Contract agreement or the equity interest pledge contract of Party B. As described in this Section and this Contractagreement, "“the Equity Interest Pledge Contract Agreement of Party B" ” has the meaning of the Equity Interest Pledge Contract Agreement entered into by Shanghai Huitong Information Co., Ltd. Party D and Party B dated as of the execution date of this Contractagreement. According to the said Contractagreement, to secure Party C to perform the obligations subject to the Exclusive Technology Consulting and Service Agreement entered into between Party C and Shanghai Huitong Information Co., Ltd.Party D, Party B pledges all its equity interest in Party C to Shanghai Huitong Information Co., Ltd..Party D.

Transfer of the Purchased Equity Interest. Every time upon Party A's ’s performance of the Purchase Right of Equity Interest: (a) Party B shall supervise and urge Party C Hangzhou Global-link to convene the shareholders meeting, and during the meeting, to pass the decision or resolution to transfer the equity interest from Party B to Party A and/or the Designated Persons; (b) Party B shall, upon the terms and conditions of this Contract agreement and the Notice of Purchase of Equity Interest, enter into Equity Interest Transfer Contract Agreement with Party A (or, in applicable situation, the Designated Persons);; and (c) The related parties shall execute all other requisite contracts, agreements or documents, acquire all requisite approval and consent of the government, and, without any security interest, perform all requisite action to transfer the valid ownership of the Purchased Equity Interest to Party A and/or the Designated Person, and to cause Party A and/or the Designated Person to be the registered owner of the Purchased Equity Interest. For this Section and this Contractagreement, "“Security Interest" ” has the meaning of security, mortgage, right or interest of the third party, any purchase right of equity interest, right of acquisition, prior purchase right, right of set-off, ownership detainment or other security arrangements. To further define the meaning, it does not include any security interest subject to this Contract agreement or the equity interest pledge contract of Party B. As described in this Section and this Contractagreement, "“the Equity Interest Pledge Contract Agreement of Party B" ” has the meaning of the Equity Interest Pledge Contract Agreement entered into by Shanghai Huitong Information Co., Ltd. Party A and Party B dated as of the execution date of this Contractagreement. According to the said Contractthis agreement, to secure Party C B to perform the obligations subject to the Exclusive Technology Consulting and Service Agreement entered into between Party C and Shanghai Huitong Information Co., Ltd.Loan Agreement, Party B pledges all its equity interest in Hangzhou Global-link to Party C to Shanghai Huitong Information Co., Ltd..B.