Option Granted Clause Samples

Option Granted. Party B hereby irrevocably grants Party A an irrevocable and exclusive right to purchase, or designate one or more persons (each, a “Designee”) to purchase the equity interests in Party C then held by Party B once or at multiple times at any time in part or in whole at Party A’s sole and absolute discretion to the extent permitted by Chinese laws and at the price described in Section 1.3 herein (such right being the “Equity Interest Purchase Option”). Except for Party A and the Designee(s), no other person shall be entitled to the Equity Interest Purchase Option or other rights with respect to the equity interests of Party B. Party C hereby agrees to the grant by Party B of the Equity Interest Purchase Option to Party A. The term “person” as used herein shall refer to individuals, corporations, partnerships, partners, enterprises, trusts or non-corporate organizations.

Option Granted. In consideration of the payment of RMB10.00 by Party A, the receipt and adequacy of which is hereby acknowledged by Party B, Party B hereby irrevocably grants Party A an irrevocable and exclusive right to purchase, or designate one or more persons (each, a “Designee”) to purchase the equity interests in Party C now or then held by Party B (regardless whether Party B’s capital contribution and/or percentage of shareholding is changed or not in the future) once or at multiple times at any time in part or in whole at Party A’s sole and absolute discretion to the extent permitted by Chinese laws and at the price described in Section 1.3 herein (such right being the “Equity Interest Purchase Option”). Except for Party A and the Designee(s), no other person shall be entitled to the Equity Interest Purchase Option or other rights with respect to the equity interests of Party B. Party C hereby agrees to the grant by Party B of the Equity Interest Purchase Option to Party A. The term “person” as used herein shall refer to individuals, corporations, partnerships, partners, enterprises, trusts or any other type of economic entity.

Option Granted. The Company, in accordance with the allotment made by the Administrators and subject to the terms and conditions of the Plan and this Agreement, hereby grants to the Optionee an option to purchase an aggregate of ( ) shares of Common Stock at an exercise price of $X.XX United States Dollars ($X.XX) per share, being at least equal to the fair market value of such shares on the date hereof. This option is intended to constitute an incentive stock option within the meaning of Section 422 of the Internal Revenue Code of 1986, as amended (the “Code”)

Option Granted. The Company hereby grants the Optionee non-qualified options to purchase One Million (1,000,000) shares of the Company’s Common Stock at a purchase price of $1.00 US per share for a term commencing on the effective date of this Agreement and expiring at 5:00 pm (Pacific Time) on the 16th day of August, 2011 (the “Expiration Date”), subject to termination as set forth herein. All options will be fully vested upon execution of this Agreement.

Option Granted. Party B hereby irrevocably grants Party A an irrevocable and exclusive right to purchase, or designate one or more persons (each, a “Designee”) to purchase the equity interests in Party C then held by Party B one or more times at any time in part or in whole at Party A’s sole and absolute discretion at the price described in Section 1.3 herein to the extent permitted by PRC laws (such right being the “Equity Interest Purchase Option”). Except for Party A and the Designee(s), no other person shall be entitled to the Equity Interest Purchase Option or other rights with respect to the equity interests of Party B. Party C hereby agrees to the grant by Party B of the Equity Interest Purchase Option to Party A. Each of Party B hereby waives its respective preemptive right regarding Party C’s equity under Party C’s articles of association and PRC laws, and hereby irrevocably agrees to transfer Party C’s equity to Party A and/or the Designee. The term “person” as used herein shall refer to individuals, corporations, partnerships, partners, enterprises, trusts or non-corporate organizations.

Option Granted. Corporation grants to Holder an option to purchase the number of shares of $.01 par value common stock of Corporation at a purchase price as described in Appendix "A" (the "Option").

Option Granted. In consideration of the payment of RMB 1 by Party A, the receipt and adequacy of which is hereby acknowledged by Party B, Party B hereby irrevocably agrees that, on the condition that it is permitted by the PRC laws, Party A has the right to require Party B to fulfill and complete all approval and registration procedures required under PRC laws for Party A to purchase, or designate one or more persons (each, a "Designee") to purchase, Party B’s equity interests in Party C, once or at multiple times at any time in part or in whole at Party A's sole and absolute discretion and at the price described in Section 1.3 herein (such right being the "Equity Interest Purchase Option"). Party A’s Equity Interest Purchase Option shall be exclusive. Except for Party A and the Designee(s), no other person shall be entitled to the Equity Interest Purchase Option or other rights with respect to the equity interests of Party B. Party C hereby agrees to the grant by Party B of the Equity Interest Purchase Option to Party A. The term "person" as used herein shall refer to individuals, corporations, partnerships, partners, enterprises, trusts or non-corporate organizations.

Option Granted. 1.1.1 Party B hereby irrevocably and unconditionally grants Party A an irrevocable and exclusive right to purchase, or designate one or more persons (each, a “Designee”) to purchase the equity interests in the OPCO then held by Party B once or at multiple times at any time in part or in whole at Party A’s sole and absolute discretion to the extent permitted by Chinese laws and at the price described in Section 1.3 herein (such right being the “Equity Interest Purchase Option”). Subject to the terms and conditions of this Agreement and to the extent permitted by PRC laws and regulations, Party A shall be entitled to absolute discretion over the time, manner and times to exercise the Option. Except for Party A and the Designee(s), no other person shall be entitled to the Equity Interest Purchase Option or other rights with respect to the equity interests of the OPCO held by Party B. The OPCO hereby agrees to the grant by the Shareholders of the Equity Interest Purchase Option to Party A. The term “person” as used herein shall refer to individuals, corporations, partnerships, partners, enterprises, trusts or non-corporate organizations. 1.1.2 The Shareholders and the OPCO hereby agree and confirm on Party B’s grant of the Equity Interest Purchase Option to Party A in accordance with Clause 1.1.1 of this Agreement and undertake to take all necessary actions to procure Party B to perform all of its obligations under this Agreement, including but not limited to, passing and voting in favour of any shareholders’ or board resolution that is required for Party B to transfer any equity interests of the OPCO to Party A or a Designee or to perform any other obligations under this Agreement. 1.1.3 On the date of the execution of this Agreement, Party B shall deliver to Party A: (a) Two sets of undated duly executed transfer agreement in a form and substance satisfactory to Party A and/or substantially in the form set out in the Appendix hereto; and (b) all other documents as required by and satisfactory to Party A in order to effect a valid transfer of any equity interests purchased under this Agreement.

Option Granted. The Company hereby grants the Optionee a non-qualified option to purchase [Number of Shares] shares of the Company’s Common Stock at a purchase price of [Exercise Price] US per share for a term commencing on the effective date of this Agreement and expiring at 5:00 pm (Pacific Time) on the [Expiration Date] (the “Expiration Date”), subject to termination as set forth herein. All options will be fully vested upon execution of this Agreement.