Common use of Grant of Equity Transfer Option, Asset Purchase Option and Capital Increase Option Clause in Contracts

Grant of Equity Transfer Option, Asset Purchase Option and Capital Increase Option. 2.1 The Existing Shareholders hereby agree to grant to the WFOE an irrevocable, unconditional and exclusive Equity Transfer Option, according to which the WFOE has the right to request the Existing Shareholders at any time (including but not limited to when the WFOE decides upon its independent judgment that there is the risk that the Existing Shareholders may transfer part or all of their Option Equity to any third party other than the WFOE and/or its designated entity and/or individual according to the requirements of the PRC Laws) to transfer the Option Equity to the WFOE and/or its designated entity and/or individual according to the terms and conditions of this Agreement, subject to the PRC Laws. The WFOE hereby agrees to accept the Equity Transfer Option.

Appears in 6 contracts

Samples: Exclusive Option Agreement (Xpeng Inc.), Exclusive Option Agreement (Xpeng Inc.), Exclusive Option Agreement (Xpeng Inc.)

AutoNDA by SimpleDocs

Grant of Equity Transfer Option, Asset Purchase Option and Capital Increase Option. 2.1 The Existing Shareholders Shareholder hereby agree agrees to grant to the grant, irrevocably, unconditionally and exclusively, WFOE an irrevocable, unconditional and exclusive Equity Transfer Option, according to which the Option whereby WFOE has the right shall be entitled to request the Existing Shareholders at any time (including but not limited to including, without limitation, when the WFOE decides upon believes, in its independent judgment own discretion, that there is the a risk that of the Existing Shareholders may transfer Shareholder transferring all or part or all of their Option Equity Interest to any third party other than the WFOE and/or its designated entity and/or individual according to the requirements of as required by the PRC Laws) ), to the extent permissible by the PRC Laws, the Existing Shareholder to transfer the Option Equity Interest to the WFOE and/or its designated entity and/or individual according to in accordance with the terms and conditions of this Agreement, subject to the PRC Lawshereof. The WFOE hereby agrees to accept the such Equity Transfer Option.

Appears in 1 contract

Samples: Exclusive Call Option Agreement (Alibaba Group Holding LTD)

AutoNDA by SimpleDocs

Grant of Equity Transfer Option, Asset Purchase Option and Capital Increase Option. 2.1 The Existing Shareholders Shareholder hereby agree to grant to the WFOE an irrevocable, unconditional and exclusive Equity Transfer Option, according to which the WFOE has the right to request the Existing Shareholders Shareholder at any time (including but not limited to when the WFOE decides upon its independent judgment that there is the risk that the Existing Shareholders Shareholder may transfer part or all of their Option Equity to any third party other than the WFOE and/or its designated entity and/or individual according to the requirements of the PRC Laws) to transfer the Option Equity to the WFOE and/or its designated entity and/or individual according to the terms and conditions of this Agreement, subject to the PRC Laws. The WFOE hereby agrees to accept the Equity Transfer Option.

Appears in 1 contract

Samples: Exclusive Option Agreement (Xpeng Inc.)

Time is Money Join Law Insider Premium to draft better contracts faster.