Common use of Form of Exercise Notice Clause in Contracts

Form of Exercise Notice. To: Guangzhou Yidian Zhihui Chuxing Technology Co., Ltd. Whereas we entered into the Exclusive Option Agreement (“Option Agreement”) with you, and He Xiaopeng and Xxx Xxxx on [insert date], providing that subject to the laws and regulations of China, upon the request of us, you shall transfer your assets to us or any third party designated by us. Therefore, we hereby notify you as follows: We hereby exercise the Asset Purchase Option under the Option Agreement, and accept by us or by [name of the entity/individual designated by us] the transfer of the assets owned by you as listed in the schedule attached hereto (“Transfer Assets”). Please transfer the above Transfer Assets to us or to the [name of the entity/individual designated by us] immediately according to the provisions of the Option Agreement after you receive this notice. Guangzhou Xiaopeng Zhihui Chuxing Technology Co., Ltd. (seal) Authorized representative: Date: Exhibit 3 to the Exclusive Option Agreement Exhibit 4:

Form of Exercise Notice. To: Guangzhou Yidian Zhihui Chuxing Technology Co., Ltd. Whereas we entered into the Exclusive Option Agreement (“Option Agreement”) with you, and He Xiaopeng and Xxx Xxxx on [insert date], providing that subject to the laws and regulations of China, upon the request of us, you shall transfer your assets to us or any third party designated by us. Therefore, we hereby notify you as follows: We hereby exercise the Asset Purchase Option under the Option Agreement, and accept by us or by [name of the entity/individual designated by us] the transfer of the assets owned by you as listed in the schedule attached hereto (“Transfer Assets”). Please transfer the above Transfer Assets to us or to the [name of the entity/individual designated by us] immediately according to the provisions of the Option Agreement after you receive this notice. Guangzhou Xiaopeng Zhihui Chuxing Technology Co., Ltd. (seal) Authorized representative: Date: Exhibit 3 to the Exclusive Option Agreement Exhibit 4:

Form of Exercise Notice. To: Guangzhou Yidian Zhihui Chuxing Zhipeng IoV Technology Co., Ltd. Whereas we entered into the Exclusive Option Agreement (“Option Agreement”) with you, and He Xiaopeng and Xxx Xxxx and He Tao on [insert date], providing that subject to the laws and regulations of China, upon the request of us, you shall transfer your assets to us or any third party designated by us. Therefore, we hereby notify you as follows: We hereby exercise the Asset Purchase Option under the Option Agreement, and accept by us or by [name of the entity/individual designated by us] the transfer of the assets owned by you as listed in the schedule attached hereto (“Transfer Assets”). Please transfer the above Transfer Assets to us or to the [name of the entity/individual designated by us] immediately according to the provisions of the Option Agreement after you receive this notice. Guangzhou Xiaopeng Zhihui Chuxing Motors Technology Co., Ltd. (seal) Authorized representative: Date: Exhibit 3 to the Exclusive Option Agreement Exhibit 4:

Form of Exercise Notice. To: Guangzhou Yidian Zhihui Chuxing Technology Guangdong Intelligent Insurance Agency Co., Ltd. Whereas we entered into the Exclusive Option Agreement (“Option Agreement”) with you, Xxxxx Xxxxxx and He Xiaopeng and Xxx Xxxx Guangzhou Xuetao Enterprise Management Co., Ltd. on [insert date•], providing that subject to the laws and regulations of China, upon the request of us, you shall transfer your assets to us or any third party designated by us. Therefore, we hereby notify you as follows: We hereby exercise the Asset Purchase Option under the Option Agreement, and accept by us or by [name of the entity/individual designated by us] the transfer of the assets owned by you as listed in the schedule attached hereto (“Transfer Assets”). Please transfer the above Transfer Assets to us or to the [name of the entity/individual designated by us] immediately according to the provisions of the Option Agreement after you receive this notice. Guangzhou Xiaopeng Zhihui Chuxing Technology Automobile Sales Co., Ltd. (seal) Authorized representative: /s/ Xxx Xxxx Date: Exhibit 3 to the Exclusive Option Agreement Exhibit 4:

Form of Exercise Notice. To: Guangzhou Yidian Zhihui Chuxing Zhipeng Internet of Vehicle Technology Co., Ltd. Whereas we entered into the Exclusive Option Agreement (“Option Agreement”) with you, and He Xiaopeng and Xxx Xxxx and He Tao on [insert date], providing that subject to the laws and regulations of China, upon the request of us, you shall transfer your assets to us or any third party designated by us. Therefore, we hereby notify you as follows: We hereby exercise the Asset Purchase Option under the Option Agreement, and accept by us or by [name of the entity/individual designated by us] the transfer of the assets owned by you as listed in the schedule attached hereto (“Transfer Assets”). Please transfer the above Transfer Assets to us or to the [name of the entity/individual designated by us] immediately according to the provisions of the Option Agreement after you receive this notice. Guangzhou Xiaopeng Zhihui Chuxing Motors Technology Co., Ltd. (seal) Authorized representative: Date: Exhibit 3 to the Exclusive Option Agreement Exhibit 4:

Form of Exercise Notice. To: Guangzhou Yidian Zhihui Chuxing Zhipeng IoV Technology Co., Ltd. Whereas we entered into the Exclusive Option Agreement (“Option Agreement”) with you, and He Xiaopeng and Xxx Xxxx and He Tao on [insert date], providing that subject to the laws and regulations of China, upon the request of us, you shall transfer your assets to us or any third party designated by us. Therefore, we hereby notify you as follows: We hereby exercise the Asset Purchase Option under the Option Agreement, and accept by us or by [name of the entity/individual designated by us] the transfer of the assets owned by you as listed in the schedule attached hereto (“Transfer Assets”). Please transfer the above Transfer Assets to us or to the [name of the entity/individual designated by us] immediately according to the provisions of the Option Agreement after you receive this notice. Guangzhou Xiaopeng Zhihui Chuxing Motors Technology Co., Ltd. (seal) Authorized representative: Date: Exhibit 3 to the Exclusive Option Agreement Exhibit 4:

Form of Exercise Notice. To: Guangzhou Yidian Zhihui Chuxing Xintu Technology Co., Ltd. (“you”) Whereas we entered into the Exclusive Option Agreement (“Option Agreement”) with you, and He Xiaopeng and Xxx Xxxx Guangzhou Kuntu Technology Co., Ltd. on [insert date], providing that subject to the laws and regulations of China, upon the request of us, you shall transfer your assets to us or any third party designated by us. Therefore, we hereby notify you as follows: We hereby exercise the Asset Purchase Option under the Option Agreement, and accept by us or by [name of the entity/individual designated by us] the transfer of the assets owned by you as listed in the schedule attached hereto (“Transfer Assets”). Please transfer the above Transfer Assets to us or to the [name of the entity/individual designated by us] immediately according to the provisions of the Option Agreement after you receive this notice. Guangzhou Xiaopeng Zhihui Chuxing Motors Technology Co., Ltd. (seal) Authorized representative: Date: Exhibit 3 to the Exclusive Option Agreement Exhibit 4:: Form of Exercise Notice To: Guangzhou Xintu Technology Co., Ltd. Guangzhou Kuntu Technology Co., Ltd..