Transferred Contracts has the meaning ascribed to it in Section 2.1(c).
Transferred Equity means the equity interest in the Company which the WFOE has the right to request either of the Company Shareholders to transfer to it or its designated entity or individual in accordance with Article 3 hereof when the WFOE exercises its Equity Transfer Option, the quantity of which may be all or part of the Option Equity and the specific amount of which shall be determined by the WFOE at its sole discretion in accordance with the then-effective PRC Law and based on its commercial consideration.
Transferred IP shall have the meaning set forth in Section 2.1.
Employee Transfer Date means the Transferred Staff’s first day of employment with the Supplier (or its Sub-contractor);
Transferred Shares means all or any portion of a Member’s Shares that the Member seeks to Transfer.