Common use of Transfer Price, Capital Reduction Price, and Capital Increase Price Clause in Contracts

Transfer Price, Capital Reduction Price, and Capital Increase Price. 4.1 At each Exercise of the Equity Transfer Option, the entire Transfer Price payable by the WFOE and/or its designated entity and/or individual to the Existing Shareholders is the capital contribution amount actually paid in the Registered Capital corresponding to the Transfer Equity. If the minimum price permitted by the current PRC Laws is higher than the above amount, the minimum price shall apply. The Existing Shareholders, after receiving the Transfer Price, shall immediately use such amount to repay the loan provided by the WFOE under the Loan Agreement.

Transfer Price, Capital Reduction Price, and Capital Increase Price. 4.1 At each Exercise of the Equity Transfer Option, the entire Transfer Price payable by the WFOE and/or its designated entity and/or individual to the Existing Shareholders Shareholder is the capital contribution amount actually paid in the Registered Capital corresponding to the Transfer Equity. If the minimum price permitted by the current PRC Laws is higher than the above amount, the minimum price shall apply. The Existing ShareholdersShareholder, after receiving the Transfer Price, shall immediately use such amount to repay the loan provided by the WFOE under the Loan Agreement.