Common use of Share Repurchase Clause in Contracts

Share Repurchase. The Company shall have entered into a share repurchase agreement with BVI Company 1 (the “Share Repurchase Agreement”) to repurchase 432,000 Ordinary Shares from the BVI Company 1 with a consideration of US$392,543.32 pursuant to the terms and conditions in the Share Repurchase Agreement.

Appears in 2 contracts

Sources: Series B Preferred Shares Purchase Agreement (Niu Technologies), Series B Preferred Shares Purchase Agreement (Niu Technologies)