Common Contracts

2 similar Share Transfer Agreement contracts by Vimicro International CORP

SHARE TRANSFER AGREEMENT
Share Transfer Agreement • April 30th, 2013 • Vimicro International CORP • Semiconductors & related devices

WHEREAS, (1) Vimicro VMF Shenzhen Corporation is a corporation duly organized and validly existing under the laws of British Virgin Islands, with its registered address at P.O. Box 957, Offshore Incorporations Centre, Road Town, Tortola, British Virgin Islands (Hereinafter referred to as “Target Company”); (2) Transferor is the legal and beneficial owner of one (1) issued and outstanding ordinary share of the Target Company, representing 100% of the entire issued share capital of the Target Company; (3) Target Company is the sole legal and beneficial owner of Vimicro Technology Corporation (Hereinafter referred to as “Vimicro Shenzhen”) duly organized and validly existing under the laws of P.R.C.; (4) Transferor hereby agrees to transfer 100% of the issued and outstanding shares of the Target Company (Hereinafter referred to as “Target Equity”) to Transferee. The Transferee hereby agrees to purchase such Target Equity.

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SHARE TRANSFER AGREEMENT
Share Transfer Agreement • April 30th, 2013 • Vimicro International CORP • Semiconductors & related devices

WHEREAS, (1) Vimicro VMF Shanghai Corporation is a corporation duly organized and validly existing under the laws of British Virgin Islands, with its registered address at P.O. Box 957, Offshore Incorporations Centre, Road Town, Tortola, British Virgin Islands (Hereinafter referred to as “Target Company”); (2) Transferor is the legal and beneficial owner of one (1) issued and outstanding ordinary share of the Target Company, representing 100% of the entire issued share capital of the Target Company; (3) Target Company is the sole legal and beneficial owner of Vimicro High-Tech Corporation (Hereinafter referred to as “Vimicro Shanghai”) duly organized and validly existing under the laws of P.R.C.; (4) Transferor hereby agrees to transfer 100% of the issued and outstanding shares of the Target Company (Hereinafter referred to as “Target Equity”) to Transferee. The Transferee hereby agrees to purchase such Target Equity.

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