Common use of Effectiveness and Term of the Agreement Clause in Contracts

Effectiveness and Term of the Agreement. 10.1 The Agreement shall become effective upon due execution by all the Parties. 10.2 The Pledgor shall register the Equity Pledge under the Agreement with the administration for industry and commerce with jurisdiction over the Company, and provide the Pledgee with the registration certificate of the Equity Pledge in a form satisfactory to the Pledgee. The Pledgee shall give full cooperation. 10.3 The Agreement shall have its valid term until the full performance of the Contract Obligations, the termination or invalidation of the Transaction Agreements, the termination of Contract Obligations due to legal reasons or the full repayment of the Guaranteed Liabilities (whichever is earlier), unless the parties agree otherwise.

Effectiveness and Term of the Agreement. 10.1 The Agreement shall become effective upon due execution by all the Parties. 10.2 The Pledgor Pledgors shall register the Equity Pledge under the Agreement with the administration for industry and commerce with jurisdiction over the Company, and provide the Pledgee with the registration certificate of the Equity Pledge in a form satisfactory to the Pledgee. The Pledgee shall give full cooperation. 10.3 The Agreement shall have its valid term until the full performance of the Contract Obligations, the termination or invalidation of the Transaction Agreements, the termination of Contract Obligations due to legal reasons or the full repayment of the Guaranteed Liabilities (whichever is earlierearlier ), unless the parties Parties agree otherwise.