Equity Transfer Agreements definition
Examples of Equity Transfer Agreements in a sentence
The Equity Transfer Agreements (other than the Shenzhen Zhili Equity Transfer Agreement) are on substantially the same terms as the Shenzhen Zhili Equity Transfer Agreement except as to identity of the transferee, amount of consideration and equity interest proportion in Skyworth Display Technology under such transfer.
In addition, the respective transferees under the Equity Transfer Agreements (other than the Shenzhen Zhili Equity Transfer Agreement) are allowed more time (i.e. no later than 31 December 2029) to pay up their consideration in full.
On the same day, Shenzhen Chuangwei-RGB also entered into the Equity Transfer Agreements (other than the Shenzhen Zhili Equity Transfer Agreement) in relation to the transfer by Shenzhen Chuangwei-RGB of an aggregate 22.849% equity interest in Skyworth Display Technology to Shenzhen Zhihui (as to 2.349%), Shenzhen Zhizhi (as to 10.25%) and Shenzhen Zhishi (as to 10.25%) at a total consideration of RMB228,490,000.