Common use of Steps for Exercise of Equity Interest Purchase Option Clause in Contracts

Steps for Exercise of Equity Interest Purchase Option. Subject to the provisions of the laws and regulations of PRC, Party A may exercise the Equity Interest Purchase Option by issuing a written notice to Party B (the "Equity Interest Purchase Option Notice"), specifying: (a) Party A's decision to exercise the Equity Interest Purchase Option; (b) the portion of equity interests to be purchased from Party B (the "Optioned Interests"); and (c) the date for purchasing the Optioned Interests and/or the date for transfer of the Optioned Interests.

Appears in 4 contracts

Samples: Exclusive Option Agreement (China United Insurance Service, Inc.), Exclusive Option Agreement (China United Insurance Service, Inc.), Exclusive Option Agreement (China United Insurance Service, Inc.)

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Steps for Exercise of Equity Interest Purchase Option. Subject to the provisions of the PRC laws and regulations of PRCregulations, Party A may exercise the Equity Interest Purchase Option by issuing a written notice to Party B and Party C (the "Equity Interest Purchase Option Notice"), specifying: specifying (a) Party A's A or the Designee(s)’ decision to exercise the Equity Interest Purchase Option; (b) the portion of equity interests to be purchased by Party A or the Designee(s) from Party B and Party C (the "Optioned Interests"“Purchased Equity”); and (c) the purchase/transfer date for purchasing with respect to the Optioned Interests and/or the date for transfer of the Optioned InterestsPurchased Equity.

Appears in 1 contract

Samples: Exclusive Option Agreement (China Distance Education Holdings LTD)

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Steps for Exercise of Equity Interest Purchase Option. Subject to the provisions of the laws and regulations of PRC, Party A may exercise the Equity Interest Purchase Option by issuing a written notice to Party B (the "Equity Interest Purchase Option Notice"), specifying: (aspecifying:(a) Party A's decision to exercise the Equity Interest Purchase Option; (b) the portion of equity interests to be purchased from Party B (the "Optioned Interests"); and (c) the date for purchasing the Optioned Interests and/or the date for transfer of the Optioned Interests.

Appears in 1 contract

Samples: Exclusive Option Agreement (China United Insurance Service, Inc.)

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