Common use of Share Contribution Clause in Contracts

Share Contribution. In connection with the Transaction, each Consortium Member shall (i) contribute or cause to be contributed to Holdco all Securities held by it/him/her or its/his/her Affiliates, or (ii) have the Securities held by it/him/her or its/his/her Affiliates cancelled in connection with the Transaction, in each case except as otherwise agreed to by all of the Consortium Members in writing.

Appears in 3 contracts

Sources: Consortium Agreement, Consortium Agreement, Consortium Agreement (Ninetowns Internet Technology Group Co LTD)