股权转让协议中英文对照
股权转让协议中英文版

股权转让协议中英文版股权转让协议Equity Transfer Agreement甲方:(身份信息)Party A: (Identity Information) 乙方:(身份信息)Party B: (Identity Information)鉴于甲方拥有特定比例的公司股权,乙方希望购买该股权;Whereas, Party A owns a specific percentage of equity in the company and Party B wishes to purchase such equity;双方本着平等、自愿、公平和诚实信用的原则,经友好协商,达成如下协议:Both parties, on the basis of equality, voluntariness, fairness and honesty, have reached the following agreement through friendly consultations:第一条买卖股权的标的Article 1. Object of Equity Transfer(1)甲方将其名下持有的公司股权转让给乙方,具体比例为(填写数字及百分数),转让金额为人民币(填写数字),其中(填写详细说明)。
Party A shall transfer its equity in the company to Party B, the specific percentage of which is (fill in the numerical and percentage), and the transfer amount is RMB (fill in the numerical), of which (fill in the detailed description).(2)甲方同意将转让所需完成的所有手续办妥,确保转让顺利进行。
股权转让协议中英文模板(两篇)

股权转让协议中英文模板(二)股权转让协议中英文模板股权转让协议(英文版)Agreement for the Transfer of Equity本协议由下列各方于(日期)签署:This Agreement is entered into on (date) by and among the following parties:甲方(Transferor)姓名/公司名称:地址:法定代表人/负责人:电话:传真:电子邮件:Party A (Transferor)Address:Legal representative/Responsible person:Phone:Fax:乙方(Transferee)姓名/公司名称:地址:法定代表人/负责人:电话:传真:电子邮件:Party B (Transferee)Address:Legal representative/Responsible person: Phone:Fax:注册地:公司地址:法定代表人/负责人:电话:传真:电子邮件:Registered place:Legal representative/Responsible person: Phone:Fax:鉴于:Whereas:1. 甲方即(Transferor)为乙方(Transferee)现持有的位于(公司注册地)的(公司名称)的(股权比例)的股权转让有意愿。
2. 乙方(Transferee)同意购买甲方(Transferor)所持有的股权,并为此支付一定金额。
Whereas Party B (Transferee) agrees to purchase the equity held by Party A (Transferor), and will pay a certain amount for this purpose.各方经协商一致,达成如下协议:Now, therefore, in consideration of their mutual covenants herein contained, the parties agree as follows:第一条股权转让Article 1 Transfer of Equity1.1 股权转让说明Instructions for the Transfer of Equity1.1.1 甲方(Transferor)同意将其在(公司名称)所持股份中的(转让数量)股权转让给乙方(Transferee)。
股权转让协议书中英文对照版

股权转让协议书中英文对照版发布日期:2010-07-08 作者:范宏伟律师•凡因履行本协议所发生的或与本协议有关的一切争议,各方应通过友好协商解决;如果协商不能解决,应提交中国国际贸易仲裁委员会根据该机构的仲裁规则进行仲裁。
股权转让协议书中英文对照版A公司股权转让协议签订协议各方:出让方:G公司受让方:P公司‘A’ Company’s Equity Assignment Agreement dated as of __________, 2008, by and betweenG Company, the AssignorP Company, the AssigneeA公司是由G公司投资设立的一家外资企业。
A公司在杭州市工商行政管理局登记,投资总额为XX万美元,注册资本为XX万美元。
现经转让方与受让方友好协商,在平等互利,协商一致的基础上,达成协议如下:‘A’Company, a foreign-funded company, was established with investment from G Company. ‘A’Company was registered in the Administrative Bureau for Industry and Commerce of Hangzhou with a registered capital of USD xxx, the total paid up capital is USD xxx.Whereas, the Assignor desires to sell and assign the equity interests of ‘A’Company, and the Assignee desires to acquire and accept assignment from the Assignor, the legal ownership of ‘A’Company's shares. Now, therefore, after amicable negotiation, the parties hereby agree as follows:第一条、出让方和受让方的基本情况出让方:1.1、G公司,法定地址:_________________;法定代表人:________;职务:__________;国籍:_________。
股权转让协议(中英文)

股权转让协议(中英文)股权转让合同书Share 'IraiLsferAgreenieiit合同当事人各方:Hie parlies hereinafter include:甲方:xx公司Piirty A; xx Investment Co.乙方:xx有限公司卩牡rfy:xx Limited丙方:xxx先生Party (;:Mr. xxx身份证号ID NO: xxxx住址Address:xx省xx市xx路xxx号xxx房。
Room :<xx ,xxx#,xxx Road,xxx city , xxx Provinee。
鉴于甲方合法拥有在xxx岛注册的xxxx公司(以下简称“xx公司”)百分之百的股权;Whereas Parly A legally owns % shares of xx investments V Ltd. (" xx"), which is registered in the xx Isla n ds;鉴于xx公司是xx年xx月xx日,于xxx岛依法注册成立,其合法拥有xx有限公司(下称“公司”)百分百的股权;Whereas x沁,registered in 曲乂Iskmds on 沁沁、legally owns 沁乂 % shares of xxx Braking System ( xxx ) Co., Ltd. (the ; “Company”)鉴于甲方现有意出让其xx公司合法拥有的百分之百的股权,Where^ Party A intends to sell the legally-owned xx% shares of xxx鉴于Dana Global Holdings Inc.拥有甲方的xx%的股权且其拥有对xx公司的优先购买权,Wherecis Party A is 曲%owned by Dana Global Holdings Inc., and they have certainpre-emptive rights regard ing the tran sfer of shares in xx;x鉴于丙方拟受让甲方在xx公司的全部股权,现合同各方经友好协商,本着平等互利的原则,应上述股权转让事宜达成如下条款:Whereas Party C intends to buy Hie u-liole shares of 號心held by Party A, adlieringto the principals of equalily and mutual beneliL ilie parties Iwve reached ilie followingagrcemeni(llie ''Agreement" Jailer friendly c-onsulutions regarding Hie 弓hare transfter matters:股权转让价款Article 1 Price ofThe Shares在公司向乙方或其指定代理人归还欠款人民币xxx万元后,甲方同意按本俩所规定的条件,将其在xx公司拥有的全部股权以x美元的价格转让给丙方,丙方同意以此价格受让甲方在xx公司拥有的全部股权;同时乙方也同意将其在公司的剩余债权以x美元的价格转让给丙方,丙方同意以此价格受让乙方在公司剩余的全部债权。
股权转让协议(中英版本)

M EMBER I NTEREST P URCHASE A GREEMENT成员权益购买协议T HIS M EMBER I NTEREST P URCHASE A GREEMENT(this “Agreement”) is entered into, effective upon execution by the parties and delivery of consideration set forth in Section 1.2, by and between [],(“Buyer”), and[], (“Seller”).本成员权益购买协议(“本协议”)由[],(“买方”)与[],(“卖方”)订立,本协议自双方签署且交付第1.2条约定的对价时生效。
R ECITALS:序言:W HEREAS, pursuant to that certain Amended and Restated Limited Liability Company Agreement (the “LLC Agreement”) of [](the “Company”) dated January 1, 2008, Sel ler is the record and beneficial owner of 400,000 Units constituting a forty percent (60%) Member Interest (as defined in the LLC Agreement) in the Company (the “Transferred Interest”);鉴于,根据2008年1月1日签署的[]的经修订及重述的有限责任公司协议(“有限公司协议”),卖方系拥有代表公司百分之四十(60%)成员权益(如有限公司协议所定义)的600,000股权单位的记录及实益拥有人(“转让权益”);W HEREAS, Seller and Buyer have entered into that certain Settlement Agreement and Release (“Settlement Agreement”), dated September _____, 2009, pursuant to which the Seller and Buyer agreed that Seller will sell to Buyer, and Buyer will purchase from Seller, the Transferred Interest on the terms and conditions set forth herein;鉴于,卖方和买方已于2009年9月日订立了特定的和解及解除协议(“和解协议”),根据该协议,卖方和买方同意卖方将出售给买方且买方将从卖方处购买基于本协议所载条款和条件规定的转让权益。
股权转让协议书中英文对照版

股权转让协议书中英文对照版受让方,转让,公司,股权,出让,协议中英文对照版A公司股权转让协议签订协议各方:出让方:G公司受让方:P公司‘A’Company’sEquityAssignmentAgreementdatedasof__________,2008,byand betweenGCompany,theAssignorPCompany,theAssigneeA公司是由G公司投资设立的一家外资企业。
A公司在杭州市工商行政管理局登记,投资总额为XX万美元,为XX万美元。
现经转让方与受让方友好协商,在平等互利,协商一致的基础上,达成协议如下:‘A’Company,aforeign-fundedcompany,wasestablishedwithinvest mentfromGCompany.‘A’CompanywasregisteredintheAdministrativeBureauforIndustry andCommerceofHangzhouwitharegisteredcapitalofUSDxxx,thetotalpaidupcapitalisUSDxxx.Whereas,theAssignordesirestosellandassigntheequityinterests of‘A’Company,andtheAssigneedesirestoacquireandacceptassignm entfromtheAssignor,thelegalownershipof‘A’Company'sshares.Now,therefore,afteramicablenegotiation,the partiesherebyagreeasfollows:第一条、出让方和受让方的基本情况出让方:1.1、G公司,法定地址:_________________;:________;职务:__________;国籍:_________。
股权转让协议中英文对照

股权转让协议中英文对照Equity Transfer Agreement本协议由以下各方于____年____月____日签订:This Agreement is entered into by and between the following parties on the ____ day of ____ month of ____ year:甲方(转让方): ________(以下简称“甲方”)Party A (Transferor): ________ (hereinafter referred to as "Party A")乙方(受让方): ________(以下简称“乙方”)Party B (Transferee): ________ (hereinafter referred to as "Party B")鉴于甲方为______公司(以下简称“目标公司”)的股东,持有目标公司______%的股权;Whereas Party A is a shareholder of ________ (hereinafter referred to as the "Target Company"), holding ________% of the equity interest in the Target Company;鉴于甲方同意将其持有的目标公司股权转让给乙方,乙方同意接受该股权;Whereas Party A agrees to transfer the equity interest in the Target Company held by it to Party B, and Party B agrees to accept such equity interest;鉴于双方就股权转让事宜达成如下协议:Now, therefore, in consideration of the mutual covenants and agreements contained herein, the parties agree as follows:第一条股权转让Article 1 Equity Transfer1.1 甲方同意将其持有的目标公司______%的股权转让给乙方。
英文版股权转让协议6篇

英文版股权转让协议6篇篇1SHARE TRANSFER AGREEMENTThis Share Transfer Agreement (hereinafter referred to as the "Agreement") is made and executed on [Date] by and between [Full Name of the Seller] (hereinafter referred to as the "Seller"), and [Full Name of the Buyer] (hereinafter referred to as the "Buyer").Preamble:The Seller holds certain shares of stock in a company known as [Company Name], and intends to transfer said shares to the Buyer. The Buyer desires to acquire said shares from the Seller under the terms and conditions set forth in this Agreement.1. Transfer of Shares:(a) The Seller agrees to transfer to the Buyer, and the Buyer agrees to purchase from the Seller, the number of shares of stock in [Company Name] stated in this Agreement.(b) The transferred shares shall represent [Percentage of Shares]% of the total issued shares of the company.2. Price and Payment:(a) The purchase price for the shares transferred shall be [Share Transfer Price] paid by the Buyer to the Seller.(b) The payment shall be made in full on the date of this Agreement by [Payment Method]. After such payment is made, all responsibilities regarding said shares shall be those of the Buyer.3. Representations and Warranties:Seller represents and warrants that:(a) The shares being transferred are validly owned by Seller and are free from all liens, encumbrances, charges or other adverse claims not disclosed to Buyer prior to entering into this Agreement.(b) Seller has full power and authority to transfer ownership of said shares to Buyer without any further act or approval necessary to accomplish such transfer.Buyer acknowledges and confirms that it has relied solely on its own investigation and judgment in purchasing the sharesfrom Seller, and not on any statements, warranties or representations made by Seller unless such statements are specifically set forth in this Agreement.4. Transition of Management:In case Seller holds any position in the management of [Company Name], Seller shall ensure smooth transition of duties to Buyer after due execution of this Agreement. Any disputes related to management transition shall be resolved mutually in a mutually satisfactory manner.5. Post-Transfer Obligations:Buyer shall be entitled to all rights and privileges associated with ownership of said shares subject to all obligations, responsibilities and duties under the Articles of Association or other relevant documents of [Company Name].6. Confidentiality:Both parties shall maintain confidentiality of all information related to this Agreement except as required by law or with the written consent of the other party. Any breach of confidentiality shall be subject to appropriate legal action.7. Indemnification:Seller shall indemnify and hold harmless Buyer from any losses incurred due to Seller's breach of representations, warranties or obligations under this Agreement.8. Jurisdiction and Applicable Law:This Agreement shall be governed by the laws of [Country/State] without regard to principles of conflict of laws. Any dispute arising out of or in connection with this Agreement shall be subject to the jurisdiction of [Court Name/District] courts located in [City/Town].9. Miscellaneous:(a) This Agreement constitutes the entire agreement between the parties on the subject matter hereof and no modifications shall be made except in writing signed by both parties.篇2SHARE TRANSFER AGREEMENTThis Share Transfer Agreement (hereinafter referred to as the "Agreement") is made and executed on [Date] by and between[Name of the Seller] (hereinafter referred to as the "Seller"), and [Name of the Buyer] (hereinafter referred to as the "Buyer").1. DEFINITIONS AND PREAMBLE(a) The "Company" shall mean [Name of the Company].(b) The term "Shares" shall mean the ordinary shares of the Company held by the Seller.(c) This Agreement outlines the terms and conditions under which the Seller transfers his/her ownership in the Shares to the Buyer.2. TRANSFER OF SHARES(a) The Seller agrees to transfer ___% ownership of the Shares to the Buyer.(b) The transfer shall be executed through proper transfer documents signed by both Seller and Buyer, submitted to the Company for recordation.3. PRICE AND PAYMENT(a) The total price for the transferred Shares is ___[Currency] (the "Purchase Price").(b) The Buyer shall make payment of the Purchase Price in full on or before [Payment Deadline].(c) Any payment not received by the due date shall be subject to late fees and/or penalties, as agreed upon by both parties.4. WARRANTIES AND REPRESENTATIONS(a) The Seller guarantees that he/she is the lawful owner of the Shares and has full power and authority to transfer them.(b) The Seller makes no knowledge of any litigation or legal proceedings affecting the Shares as of the date of this Agreement.(c) The Buyer acknowledges having received all necessary information about the Company and its Shares, and enters into this Agreement with full knowledge and understanding of its responsibilities and obligations.5. RESTRICTIONS AND CONDITIONS(a) During the term of this Agreement, the Buyer shall not transfer the Shares without the prior written consent of the Seller.(b) The Buyer shall be bound by all contractual obligations and agreements entered into by the Seller prior to the transfer.(c) If there are any changes in ownership structure or corporate policies that could affect the transferred Shares, both parties shall be notified in advance and consult on how to proceed.6. TRANSFER COSTS AND EXPENSESAll costs and expenses related to the transfer of Shares, including but not limited to legal fees, registration fees, and other related expenses, shall be borne by the Buyer.7. CONFIDENTIALITYBoth parties shall maintain confidentiality of all information related to this Agreement and its execution, except as required by law or with proper authorization from both parties.8. TERMINATIONThis Agreement may be terminated:(a) By mutual consent of both parties;(b) If there is a breach of any term or condition of this Agreement, and such breach cannot be rectified; or(c) In any other situation as stipulated in laws applicable to this Agreement.9. GOVERNING LAWThis Agreement shall be governed by and interpreted in accordance with the laws of [Country/State] without regard to its principles of conflicts of laws. Any disputes arising out of or in connection with this Agreement shall be submitted to[Court/Arbitration Tribunal] for resolution.10. MISCELLANEOUS(a) This Agreement constitutes the entire understanding between the parties on the subject matter hereof, and no other promise, representation, or warranty not contained herein shall be binding on either party.(b) Any amendment or modification to this Agreement must be made in writing and signed by both parties.(c) If any provision of this Agreement is held invalid or unenforceable, such invalidity or unenforceability shall not affect any other provision of this Agreement, which shall remain in full force and effect.(d) This Agreement shall be binding on both parties and their respective heirs, executors, administrators, successors, and assigns.IN WITNESS WHEREOF, the parties have executed this Agreement as of the date first written above.THE SELLER:Signature: _____________________________Date: _____________________________THE BUYER:Signature: _____________________________Date: _____________________________END OF SHARE TRANSFER AGREEMENT 声明之末。
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股权转让协议中英文对照转让方:(以下简称甲方)商业登记证号码:注册地址:法定代表人:代理人:受让方:(以下简称乙方)商业登记证号码:注册地址:法定代表人:代理人:____(以下简称公司)于2003年3月31日成立,由甲方经转让后经营,注册资金为港币____,总资产为港币____。
甲方占100%股权,但由于经营不善,现已资不抵债。
甲方愿将其占公司的100%股权连同公司债务加上部分现金一起转让给乙方,经公司董事会决议通过,现甲乙双方协商一致,就转让股权一事,达成协议如下:第一条股权转让1、公司注册资本共计港币____(大写:港币____)。
甲方现完全出售及转让其在公司中的全部股份给乙方,乙方现购买和获取甲方在公司中的不存在任何权利障碍的全部股权及其所有权利和收益并自生效日起生效。
2、在本协议签署及生效后,乙方将拥有公司100%股权,乙方并将成为公司的唯一股东和依照公司的新章程和规章享受相应权利并承担义务。
3、公司经营所产生的债务由乙方承担,甲方另外支付乙方人民币____(大写:人民币____)作为补偿金。
4、甲方须于本协议生效后一个月内将50%补偿金以现金或电汇方式支付给甲方或汇至其指定香港银行帐号,其余部分补偿金在办理完工商登记手续后完成划拨。
第二条保密条款本协议生效之日起十年内,协议各方应对本协议予以保密,除非仅为获取有关政府部门必需批准目的之外,没有协议一方的事先书面同意,任一方无权将部分或全部包括但不仅限于与公司有关的产品、经营、说明书、计划书或理念、产品信息、专有技术、设计、商业秘密,市场机遇和商业资料,向任何其它方披露。
第三条费用及税费1、除非本协议另有约定,协议每一方均应各自承担在本协议谈判和准备阶段中发生的各项费用及支出。
2、除非本协议另有约定,协议方应平等地承担依照中国法律及法规的规定与审查及批准本协议有关的所发生的所有费用。
3、甲方无须支付依照中国法律及法规的规定与本协议项下的股权出售和转让有关的应由乙方承担的任何税费。
第四条其他1、股权转让之后,甲方须协助乙方完成有关变更投资人及股权的手续。
2、本协议构成协议各方之间所有有关本协议主题事宜的全部协议,并且替代以前任何与本协议主题事宜有关的由协议方达成的书面或口头的谈判、交流、陈述、任务及协议。
3、除协议方共同以书面签署方式之外,任何对本协议的修改、变更或增加应无效和对协议任何一方均无约束力。
4、若本协议的任何条款成为无效或无法履行,则协议各方应本着善意原则通过协商合理地寻求在法律和经济实质上与无效和不可执行条款最接近的一项有效和可执行的条款。
5、若由于任何法律或法规而导致的本协议某一条款的无效,且此项无效不影响本协议的实质履行,则不应解除协议方因本协议其它条款而应承担的义务,也不应剥夺协议方因本协议其它条款而享有的权利。
6、本协议任何一方未能执行本协议任何条款或行使与此相关的任何权利不应被视为对该条款或本协议其它条款或对执行相同权利或任何其它权利的放弃。
第五条违约责任1、本协议各方应当履行其在本协议项下之义务,任何一方违反其应当承担之义务即构成违约行为。
2、乙方如果未按本协议之规定按时足额向甲方支付补偿金,其须向甲方支付自应付而未付之补偿金,以及在依本协议应当支付之日至实际支付之日期间,每日该补偿金额万分之五的违约金。
3、协议各方在本协议项下的责任总计不得超过第二条所规定的转让费总和。
第六条陈述及保证1、甲方在此向乙方陈述及保证,甲方所持有之股份合法、有效且不存在抵押或其它任何形式的障碍。
2、乙方在此向甲方陈述及保证,乙方有能力偿还公司债务且新公司的运营不再追及甲方责任。
第八条不可抗力协议任一方无须对因任何在本协议签订时无法预见或以合理手段也无法避免或克服之原因造成的迟延或不履行本协议之义务所造成的损失承担责任。
第九条适用法律及争议解决1、本协议之效力、解释及履行适用中华人民共和国已颁布和可公开获知的法律。
2、任何因本协议或其履行而发生的争议应首先由协议各方友好协商解决。
若协议各方无法就争议达成一致,则该争议须被提交中国国际经济贸易仲裁委员会并依照其仲裁规则进行仲裁。
仲裁庭之仲裁裁定书以中英文制作,具终局效力,并对争议各方具有约束力。
包括律师费在内的仲裁费用由败诉方承担或依仲裁庭之裁定支付。
提交仲裁之争议事项不影响协议各方履行与争议事项无关的其它义务。
第十条效力1、本协议经甲乙双方签订,深圳市公证机关公证后,经有关部门批复后,报深圳市工商局同意变更后生效。
双方应于办理股权转让协议公证之日起,三十日内到工商行政部门办理变更登记手续。
2、本协议一式七份,甲乙双方各持一份,公司、公证各持一份,其余报有关部门。
转让方:Array转让方:二○○八年月日于深圳.Stock Equity Transfer AgreementTransferer: (hereinafter referred to as Party A for short)No. of Business Registration Certificate:Registered Address:Legal Representative:Attorney:Transferee: (hereinafter referred to as Party B for short)No. of Business Registration Certificate:Registered Address:Legal Representative:Attorney:____ (hereinafter referred to as the Company for short), founded on March 31 of 2003, has been transferred to and operated by Party A. The Company has registered capital of ____ and total assets of ____. Party A holds 100% of its stock equity, and now the Company is insolvent due to poor management. Party A is willing to transfer 100% of its stock equity in the Company together with the debts of the Company and some cash to Party B, and the following agreement is concluded for stock equity transfer, as approved by the Board of Directors of the Company and through negotiation between Party A and Party B:Article 1 Stock Equity Transfer1. The registered capital of the Company is ____ (in words: HKD ____). Party A sells and transfers all its shares in the Company to Party B, and Party B purchases and obtains the stock equity of Party A in the Company and the relevant rights and interests, in which there are no defects in equity, and the same will come into force as of the date of validity.2. Party B will hold 100% of the stock equity of the Company after the Agreement is executed, and PartyB will become the sole shareholder of the Company and enjoy corresponding interests and bear duties in accordance with the new Articles of Association and regulations of the Company.3. All debts arising from the operation of the Company shall be born by Party B, and Party A shall pay RMB ____ to Party B (in words: RMB ____) otherwise as compensation fund.4. Party A shall pay 50% of the compensation fund to Party A or to the bank account number in Hong Kongdesignated by Party A in cash or in the form of telegraphic transfer within 1 month after the executionof the Agreement, and the rest of the compensation fund shall be transferred after transaction of the procedures for business registration.Article 2 Articles of ConfidentialityAll parties under the Agreement shall keep secret within ten years since the execution of the Agreement, and either party has no rights to disclose part or all of (including but not limited to) product, operation, instruction book, prospectus or concept, product information, expertise, design, business secret, market opportunity and commercial data related to the Company to any third parties, without written consent by the other party under the Agreement in advance, unless for the purpose for approval by competent authorities.Article 3 Expenses and Taxes1. Any of the parties under the Agreement shall bear all expenses and expenditures occurred in the stages of negotiation and preparation of the Agreement unless it is agreed otherwise in the Agreement.2. Any of the parties under the Agreement shall equally bear all expenses related to examination and approval of the Agreement in accordance with the provisions of the laws and rules of China unless it is agreed otherwise in the Agreement.3. Party A needs not to pay any taxes related to sales and transfer of stock equity under the Agreement which shall be born by Party B in accordance with the provisions of the laws and rules of China.Article 4 Others1. Party A shall aid Party B to compete the procedures for alteration of investor and stock equity after stock equity transfer.2. This Agreement shall constitute all agreements related to the subject of this Agreement between all parties, and shall replace all written or oral negotiation, communication, statement, task and agreement previously related to the subject of this Agreement between all parties.3. Any modification, alteration or addition to the Agreement shall be invalid and shall not be binding to either party unless the Agreement is jointly signed by all parties in written forms.4. In case any articles of the Agreement become invalid or inexecutable, the valid and executable articles which are legally and economically closest to the invalid or inexecutable articles shall be implemented by all parties through negotiation based on the principle of good faith.5. In case any articles under the Agreement are invalid due to the reasons of laws or rules, and such invalid articles have no influence over the substantial performance of the Agreement, the duties of all parties under other articles of the Agreement shall not be exempted, and all parties shall not be deprived of the rights under other articles of the Agreement.6. In case that either party under this Agreement fails to perform any articles of this Agreement or exercise any rights concerned, it shall not be deemed that these articles or other articles under this Agreement or the same rights or other rights are waived.Article 5 Responsibilities for Breach of Agreement1. All parties under this Agreement shall perform their duties in the Agreement, in case any of the parties breaches the duties which shall be born by it, it shall be deemed as a breach of the Agreement.2. Should Party B fail to pay the entire compensation fund to Party A in time as provided in the Agreement, Party B shall pay the compensation fund which shall be paid and has not been paid by it and a penalty equivalent to 0.05% of the compensation fund each day from the date in which the compensation fund shall be paid to the date of actual payment.3. The responsibilities of all parties under the Agreement shall not surpass the total sum of the transfer fee as provided under Article 2.Article 6 Statement and Guaranties1. Party A states and pledges to Part B that the shares held by Party A are legal and valid, and there are no mortgage or obstacles in other forms.2. Party B states and pledges to Part A that Party B is capable of repaying the debts of the Company and the responsibilities of Party A shall not be traced in the operation of the new company.Article 8 Force MajeureEither party shall bear no responsibilities for the losses arising from delay or nonperformance of the duties under the Agreement due to the reasons which are unpredictable when the Agreement is signed or which are unavoidable or insurmountable even through reasonable approaches.Article 9 Applicable Laws and Solution of Disputes1. The validity, interpretation and execution of this Agreement shall be governed by the laws of the People’s Republic of China which have been issued and can be learned in public.2. Any disputes related to or in the execution of this Agreement shall be settled through consultation by all parties hereto. In case no settlement to disputes can be reached through consultation, any of parties may submit such disputes to China International Trade Arbitration Commission for arbitration, which shall be conducted in accordance with the Commission’s arbitration rules. The arbitration award by arbitration tribunal shall be made in Chinese and in English, which is final and binding upon all parties in the disputes. The arbitration fee including attorney fee shall be paid by the loser or shall be subject to the arbitration by the arbitration tribunal. The disputes submitted for arbitration shall have no influence over other duties not related to the disputes which shall be performed by all parties.Article 10 Validity1.This Agreement shall come into force after signing by Party A and Party B and notarization by the notary organ of Shenzhen City, and after official reply is issued by competent authorities and the alteration is approved by Shenzhen Administration of Industry and Commerce. Both parties shall transact the procedures for alteration registration with the administration of industry and commerce within 30 days since transaction of notarization for the stock equity transfer agreement.2. This Agreement is made in septuplicate, one of which is held by Party A and Party B respectively and held by the Company and the notary organ respectively, and the rest are filed with relevant authorities。