Common use of Domestic Company Clause in Contracts

Domestic Company. If the Investor holds not less than 30% of the issued share capital of the Company after the completion of a Qualified IPO (as defined in the Shareholders Agreement) and at the request of the Investor, the Warrantors shall, as soon as practicable, procure that the relevant Group Company (i) contribute such an amount to the Domestic Company as registered capital of the Domestic Company resulting in the Investor (or its nominee) holding such a percentage of the equity interests of the Domestic Company which is proportionate to the Investor’s shareholding in the Company at such time, (ii) obtain all necessary Consents in connection with the contribution of such registered capital, (iii) amend the constitutional documents of the Domestic Company to reflect such contribution, and (iv) terminate the Control Documents then in force and effect, and enter into new Control Documents with the WFOE, the Domestic Company and the equity holders of the Domestic Company. Series B-2 Preferred Share Subscription Agreement

Domestic Company. If the Investor holds not less than 30% of the issued share capital of the Company after the completion of a Qualified IPO (as defined in the Shareholders Agreement) and at the request of the Investor, the Warrantors shall, as soon as practicable, procure that the relevant Group Company (i) contribute such an amount to the Domestic Company as registered capital of the Domestic Company resulting in the Investor (or its nominee) holding such a percentage of the equity interests of the Domestic Company which is proportionate to the Investor’s shareholding in the Company at such time, (ii) obtain all necessary Consents in connection with the contribution of such registered capital, (iii) amend the constitutional documents of the Domestic Company to reflect such contribution, and (iv) terminate the Control Documents then in force and effect, and enter into new Control Documents with the WFOE, the Domestic Company and the equity holders of the Domestic Company. Series B-2 Preferred Share Subscription Agreement.