Common use of Corporate Restructuring Clause in Contracts

Corporate Restructuring. If the Company is reorganized into an offshore company holding domestic entities in the future, the rights of the Investor in the offshore company shall include all rights enjoyed by the Investor under this Agreement and all rights customarily enjoyed by the Investor as a shareholder of the offshore company. The Company Parties shall ensure that the rights and interests of the Investor are substantially respected and satisfied during and after the implementation of the offshore restructuring. If such restructuring causes the Investor to incur additional costs or suffer tax basis losses, the Company Parties agree to bear such costs or tax basis losses.

Appears in 2 contracts

Sources: Equity Transfer Agreement (QuantaSing Group LTD), Debt to Equity Conversion Agreement (QuantaSing Group LTD)