Common use of Equity Repurchase Clause in Contracts

Equity Repurchase. The Parties hereto further agree that if the Target Company fails or is unable to complete the qualified listing prior to the aforesaid expected date of listing, the provisions on repurchase set forth in Article 8 of the Supplementary Agreement shall take effect automatically and shall become effective retroactively as of the date of execution of the Supplementary Agreement, i.e.: Where the Target Company is under any of the following circumstances, Party C shall repurchase part or all of the equity of the Target Company held by Party A as required by Party A:

Appears in 4 contracts

Samples: Supplementary Agreement (Axt Inc), Supplementary Agreement (Axt Inc), Supplementary Agreement (Axt Inc)

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