Common use of Target Equity Interest Clause in Contracts

Target Equity Interest. 1.1 在下述情况下，甲方有权要求股东向甲方或甲方指定的第三方（“被指定方”）转让股东持有的乙方的全部或部分（以甲方的具体要求为准）股权（“标的股权”），且股东应按照甲方的要求向甲方和/或被指定方转让标的股权（“股权转让选择权”），除甲方和/或被指定方外，任何其他第三方均不得享有股权转让选择权： Party A shall have the right to require the Shareholders to transfer any and all of the equity interest of Party B the Shareholders hold (the “Target Equity Interest”) to Party A and/or a third party designated by Party A (the “Designee”), in whole or in part, subject to Party A’s specific requirements (“Equity Interest Transfer Option”), and the Shareholders shall transfer the Target Equity Interest to Party A and/or its Designee, who shall have exclusive rights over the Equity Interest Transfer Option, in accordance with Party A’s requirements under the following circumstances: