Common use of Validity Period of this Agreement Clause in Contracts

Validity Period of this Agreement. The parties agree that this Agreement shall become effective on the date of formal signing by the parties, and shall be valid until all option equity/assets of the Company are legally assigned to the WFOE and/or other entity or individual designated thereby pursuant to this Agreement.

Appears in 2 contracts

Samples: Exclusive Purchase Option Agreement (Kingsoft Cloud Holdings LTD), Exclusive Purchase Option Agreement (Kingsoft Cloud Holdings LTD)

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Validity Period of this Agreement. The parties agree that this Agreement shall become effective on the date of formal signing by the parties, and shall be valid until all option equity/assets of the Company equity are legally assigned to the WFOE and/or other entity or individual designated thereby pursuant to this Agreement.

Appears in 2 contracts

Samples: Supplemental Exclusive Purchase Option Agreement (Kingsoft Cloud Holdings LTD), Supplemental Exclusive Purchase Option Agreement (Kingsoft Cloud Holdings LTD)

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