Common use of Exercise Right Clause in Contracts

Exercise Right. 4.1 In vesting period and extended exercise period, Party A can issue a exercise notice ("Exercise Notice") as Annex II of this Agreement to Party B, and required to exercise their share options in this Agreement, acquired all or part underlying shares of some domestic companies are held by Party B. 4.2 Once Party B received the exercise notice which is issued by Party A, under the provisions of above Article 4.1, Party B shall do immediately, and no later than five working days after its receipt of the exercise notice, 4.2.1 According to the requirements of exercise right, notice the signed together with Party A and / or any entity (or persons) designated by Party A such as "Equity Transfer Agreement" in Annex IV of this Agreement; 4.2.2 In accordance with provisions of the "Equity Transfer Agreement" Party A and / or any entity (or person) designated by Party A and the other shareholders of domestic companies together through a format such as shareholder resolutions in Annex V of this Agreement, approve the "Equity transfer Agreement "and modify the articles of association of domestic firms; 4.2.3 Together with Party A and / or any entity (or person) specified by Party A and the other shareholders of domestic companies, promote domestic companies submit the "Equity Transfer Agreement" and the modification of the Articles of Association of the company to the relevant approving authority, and assist in obtaining necessary approvals; 4.2.4 Together with Party A and / or any entity (or person) specified by Party A and the other shareholders of domestic companies, promote and assist domestic companies formulate the corresponding registration changes from its registration authority; 4.2.5 To complete the share purchase all other necessary matters.