Common use of Captive Structure Clause in Contracts

Captive Structure. In the event that the Captive Structure is terminated or collapses for any reason, upon the request of any New Investor (other than WP), the Company and each of the Principals shall use their respective best efforts to procure that such New Investor’s investment in the Company (including all of the rights and privileges granted to such New Investor under this Agreement and other Transaction Documents) shall be exchanged for equity interests with equivalent rights and privileges in the Domestic Company in accordance with the implementation measures as agreed by the Company and such New Investor.

Appears in 2 contracts

Sources: Shareholder Agreement (ZTO Express (Cayman) Inc.), Shareholder Agreement (ZTO Express (Cayman) Inc.)