Common use of Sale and Purchase of Equity Interest Clause in Contracts

Sale and Purchase of Equity Interest. 1.1 授予权利 Option Granted 乙方在此不可撤销地、无条件地授予甲方一项专有权(“股权购买权”),允许甲方在中国法律允许的前提下,按照甲方自行决定的行使步骤,并按照本协议第1.3条所述的价格,随时一次或多次从乙方购买或指定一人或多人(“被指定人”)从乙方购买其届时所持有的丙方的全部或部分股权。除甲方和被指定人外,任何其他人均不得享有股权购买权或其他与乙方股权有关的权利。丙方特此同意乙方向甲方授予股权购买权。本款及本协议所规定的“人”指个人、公司、合营企业、合伙、企业、信托或非公司组织。 Party B hereby irrevocably and unconditionally grants Party A an irrevocable and exclusive right to purchase, or designate one or more persons (each, a “Designee”) to purchase the equity interests in Party C then held by Party B once or at multiple times at any time in part or in whole at Party A’s sole and absolute discretion to the extent permitted by Chinese laws and at the price described in Section 1.3 herein (such right being the “Equity Interest Purchase Option”). Except for Party A and the Designee(s), no other person shall be entitled to the Equity Interest Purchase Option or other rights with respect to the equity interests of Party B. Party C hereby agrees to the grant by Party B of the Equity Interest Purchase Option to Party A. The term “person” as used herein shall refer to individuals, corporations, partnerships, partners, enterprises, trusts or non-corporate organizations.

Appears in 3 contracts

Samples: Exclusive Option Agreement (MED EIBY Holding Co., LTD), Exclusive Option Agreement (MED EIBY Holding Co., LTD), Exclusive Option Agreement (MED EIBY Holding Co., LTD)

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Sale and Purchase of Equity Interest. 1.1 授予权利 Option Granted 乙方在此不可撤销地、无条件地授予甲方一项专有权(“股权购买权”),允许甲方在中国法律允许的前提下,按照甲方自行决定的行使步骤,并按照本协议第1.3条所述的价格,随时一次或多次从乙方购买或指定一人或多人(“被指定人”)从乙方购买其届时所持有的丙方的全部或部分股权。除甲方和被指定人外,任何其他人均不得享有股权购买权或其他与乙方股权有关的权利。丙方特此同意乙方向甲方授予股权购买权。本款及本协议所规定的“人”指个人、公司、合营企业、合伙、企业、信托或非公司组织乙方在此不可撤销地授予甲方在中国法律允许的前提下,按照甲方自行决定的行使步骤,并按照本合同第1.3条所述的价格,随时一次或多次从乙方购买或指定一人或多人(“被指定人”)从乙方购买其所持有的丙方的全部或部分股权的一项不可撤销的专有权(“股权购买权”)。除甲方和被指定人外,任何第三人均不得享有股权购买权或其他与乙方股权有关的权利。丙方特此同意乙方向甲方授予股权购买权。本款及本合同所规定的“人”指个人、公司、合营企业、合伙、企业、信托或非公司组织。 Party B hereby irrevocably and unconditionally grants Party A an irrevocable and exclusive right to purchase, or designate one or more persons (each, a "Designee") to purchase the equity interests in Party C then held by Party B once or at multiple times at any time in part or in whole at Party A’s 's sole and absolute discretion to the extent permitted by Chinese laws and at the price described in Section 1.3 herein (such right being the "Equity Interest Purchase Option"). Except for Party A and the Designee(s), no other person shall be entitled to the Equity Interest Purchase Option or other rights with respect to the equity interests of Party B. Party C hereby agrees to the grant by Party B of the Equity Interest Purchase Option to Party A. The term "person" as used herein shall refer to individuals, corporations, partnerships, partners, enterprises, trusts or non-corporate organizations.

Appears in 3 contracts

Samples: Exclusive Option Agreement (Chinacast Education Corp), Exclusive Option Agreement (Chinacast Education Corp), Exclusive Option Agreement (Chinacast Education Corp)

Sale and Purchase of Equity Interest. 1.1 授予权利 1.1授予权利 Option Granted 乙方在此不可撤销地、无条件地授予甲方一项专有权(“股权购买权”),允许甲方在中国法律允许的前提下,按照甲方自行决定的行使步骤,并按照本协议第1.3条所述的价格,随时一次或多次从乙方购买或指定一人或多人(“被指定人”)从乙方购买其届时所持有的丙方的全部或部分股权。除甲方和被指定人外,任何其他人均不得享有股权购买权或其他与乙方股权有关的权利。丙方特此同意乙方向甲方授予股权购买权。本款及本协议所规定的“人”指个人、公司、合营企业、合伙、企业、信托或非公司组织乙方在此不可撤销地授予甲方在中国法律允许的前提下,按照甲方自行决定的行使步骤,并 按照本合同第1.3条所述的价格,随时一次或多次从乙方购买或指定一人或多人(“被指定 人")从乙方购买其所持有的丙方的全部或部分股权的一项不可撤销的专有权(“股权购买 权”)。除甲方和被指定人外,任何第三人均不得享有股权购买权或其他与乙方股权有关的 权利。丙方特此同意乙方向甲方授予股权购买权。本款及本协议所规定的“人"指个人、公 司、合营企业、合伙、企业、信托或非公司组织。 Party B hereby irrevocably and unconditionally grants Party A an irrevocable and exclusive right to purchase, or designate one or more persons (each, a "Designee") to purchase the equity interests in Party C then held by Party B once or one at multiple times at any times at any time in part or in whole at Party A’s 's sole and absolute discretion to the extent extend permitted by Chinese laws and at the price described in Section 1.3 herein (such right being the "Equity Interest Purchase Option"). Except for Party A and the Designee(s), no other person shall be entitled to the Equity Interest Purchase Option or other rights with respect to the equity interests of Party B. Party C hereby agrees to the grant by Party B of the Equity Interest Purchase Option to Party A. The term "person" as used herein shall refer to individuals, corporations, partnerships, partners, enterprisesenterprise, trusts or non-corporate organizations.

Appears in 1 contract

Samples: Exclusive Option Agreement (Jiana Science & Technology Co., Ltd.)

Sale and Purchase of Equity Interest. 1.1 授予权利 1.1授予权利 Option Granted 乙方在此不可撤销地、无条件地授予甲方一项专有权(“股权购买权”),允许甲方在中国法律允许的前提下,按照甲方自行决定的行使步骤,并按照本协议第1.3条所述的价格,随时一次或多次从乙方购买或指定一人或多人(“被指定人”)从乙方购买其届时所持有的丙方的全部或部分股权。除甲方和被指定人外,任何其他人均不得享有股权购买权或其他与乙方股权有关的权利。丙方特此同意乙方向甲方授予股权购买权。本款及本协议所规定的“人”指个人、公司、合营企业、合伙、企业、信托或非公司组织乙方在此不可撤销地授予甲方在中国法律允许的前提下,按照甲方自行决定的行使步骤,并按照本协议第1.3条所述的价格,随时一次或多次从乙方购买或指定一人或多人(“被指定人”)从乙方购买其届时所持有的丙方的全部或部分股权的一项不可撤销的专有权(“股权购买权”)。除甲方和被指定人外,任何第三人均不得享有股权购买权或其他与乙股权有关的权利。丙方特此同意乙方向甲方授予股权购买权。本款及本协议所规定的“人”指个人、公司、合营企业、合伙、企业、信托或非公司组织。 Party B hereby irrevocably and unconditionally grants Party A an irrevocable and exclusive right to purchase, or designate one or more persons (each, a “Designee”) to purchase the equity interests in Party C then held by Party B once or at multiple times at any time in part or in whole at Party A’s sole and absolute discretion to the extent permitted by Chinese laws and at the price described in Section 1.3 herein (such right being the “Equity Interest Purchase Option”). Except for Party A and the Designee(s), no other person shall be entitled to the Equity Interest Purchase Option or other rights with respect to the equity interests of Party B. Party C hereby agrees to the grant by Party B of the Equity Interest Purchase Option to Party A. The term “person” as used herein shall refer to individuals, corporations, partnerships, partners, enterprises, trusts or non-corporate organizations.

Appears in 1 contract

Samples: Exclusive Option Agreement (ZKGC New Energy LTD)

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Sale and Purchase of Equity Interest. 1.1 授予权利 Option Granted 乙方在此不可撤销地、无条件地授予甲方一项专有权(“股权购买权”),允许甲方在中国法律允许的前提下,按照甲方自行决定的行使步骤,并按照本协议第1.3条所述的价格,随时一次或多次从乙方购买或指定一人或多人(“被指定人”)从乙方购买其届时所持有的丙方的全部或部分股权。除甲方和被指定人外,任何其他人均不得享有股权购买权或其他与乙方股权有关的权利。丙方特此同意乙方向甲方授予股权购买权。本款及本协议所规定的“人”指个人、公司、合营企业、合伙、企业、信托或非公司组织乙方在此不可撤销地授予甲方在中国法律允许的前提下,按照甲方自行决定的行使步骤,并按照本合同第1.3条所述的价格,随时一次或多次从乙方购买或指定一人或多人(各称为”被指定人”)从乙方购买其所持有的丙方的全部或部分股权的一项不可撤销的、专有的选择权(“股权购买权”)。除甲方和被指定人外,任何 第三人均不得享有股权购买权或其他与乙方股权有关的权利。丙方特此同意乙方向甲方授予股权购买权。本款及本合同所规定的”人”指个人、公司、合营企业、 合伙、企业、信托或非公司组织。 Party B hereby irrevocably and unconditionally grants Party A an irrevocable and exclusive right to purchase, or designate one or more persons (each, a “Designee”) to purchase the equity interests in Party C then held by Party B once or at multiple times at any time in part or in whole at Party A’s sole and absolute discretion to the extent permitted by Chinese laws and at the price described in Section 1.3 herein (such right being the “Equity Interest Purchase Option”). Except for Party A and the Designee(s), no other person shall be entitled to the Equity Interest Purchase Option or other rights with respect to the equity interests of Party B. Party C hereby agrees to the grant by Party B of the Equity Interest Purchase Option to Party A. The term “person” as used herein shall refer to individuals, corporations, partnerships, partners, enterprises, trusts or non-corporate organizations.

Appears in 1 contract

Samples: Exclusive Option Agreement (Hudson Capital Inc.)

Sale and Purchase of Equity Interest. 1.1 授予权利 Option Granted 乙方在此不可撤销地、无条件地授予甲方一项专有权(“股权购买权”),允许甲方在中国法律允许的前提下,按照甲方自行决定的行使步骤,并按照本协议第1.3条所述的价格,随时一次或多次从乙方购买或指定一人或多人(“被指定人”)从乙方购买其届时所持有的丙方的全部或部分股权。除甲方和被指定人外,任何其他人均不得享有股权购买权或其他与乙方股权有关的权利。丙方特此同意乙方向甲方授予股权购买权。本款及本协议所规定的“人”指个人、公司、合营企业、合伙、企业、信托或非公司组织乙方在此不可撤销地授予甲方在中国法律允许的前提下,按照甲方自行决定的行使步骤,并按照本协议第1.3条所述的价格,随时一次或多次从乙方购买或由其指定的一人或多人(下称“被指定人”)从乙方购买其届时所持有的丙方的全部或部分股权的一项不可撤销的专有权(下称“股权购买权”)。除甲方和被指定人外,任何其他人均不得享有股权购买权或其他与乙方股权有关的权利。丙方特此同意乙方向甲方授予股权购买权。本款及本协议所规定的“人”指个人、公司、合营企业、合伙、企业、信托或非公司组织。 Party B hereby irrevocably and unconditionally grants Party A an irrevocable and exclusive right to purchase, or designate one or more persons (each, a “Designee”) to purchase the equity interests in Party C then held by Party B once or at multiple times at any time in part or in whole at Party A’s sole and absolute discretion to the extent permitted by Chinese laws and at the price described in Section 1.3 herein (such right being the “Equity Interest Purchase Option”). Except for Party A and the Designee(s), no other person shall be entitled to the Equity Interest Purchase Option or other rights with respect to the equity interests of Party B. Party C hereby agrees to the grant by Party B of the Equity Interest Purchase Option to Party A. The term “person” as used herein shall refer to individuals, corporations, partnerships, partners, enterprises, trusts or non-corporate organizations.

Appears in 1 contract

Samples: Exclusive Option Agreement (Infobird Co., LTD)

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