Common use of Transferred Equity Clause in Contracts

Transferred Equity. 1.1 The Transferee agrees to purchase the 30% equity interest of the Target Company from the Transferor. 1.2 The Transferor agrees to sell 30% equity interest of the Target Company held by it to the Transferee after the execution of this Agreement. 1.3 After the completion of registration in AIC for this equity transfer of equity the Transferee will enjoy the shareholder's rights, and undertake obligations and responsibilities of shareholder in accordance with applicable China laws and the provisions of the Articles of Association of the Target Company.

Transferred Equity. 1.1 The Transferor agrees that after and within 15 days after the execution of this Agreement it will sell 70% equity interest of the Target Company held by it to the Transferee. 1.1 The Transferee agrees to purchase the 3070% equity interest of the Target Company from the Transferor. 1.2 The Transferor agrees to sell 30% equity interest of the Target Company held by it to the Transferee after the execution of this Agreement. 1.3 After the completion of registration in AIC for this equity transfer of equity the Transferee will enjoy the shareholder's rights, and undertake obligations and responsibilities of shareholder in accordance with applicable China laws and the provisions of the Articles of Association of the Target Company.

Transferred Equity. 1.1 The Transferee Transferor agrees to purchase that after the 30% execution of this Agreement he will increase his equity interest holding of the Target Company from by purchasing the Transferor. 1.2 equity. By such equity purchase he will hold no less than 70% equity (hereinafter collectively referred to as "Transferred Equity") of the Target Company. The Transferor agrees to sell 3070% equity interest of the Target Company held by it him to the Transferee. 1.2 The Transferee agrees to purchase the equity interest of the Target Company held by the Transferor after its equity increase aforesaid from the execution Transferor, namely 70% equity interest of this Agreementthe Target Company. 1.3 After the completion of registration in AIC for this equity transfer of equity the Transferee will enjoy the shareholder's rights, and undertake obligations and responsibilities of shareholder in accordance with applicable China laws and the provisions of the Articles of Association of the Target Company.