Common use of Exercise Price of the Option Clause in Contracts

Exercise Price of the Option. 7 The total exercise price/purchase price of the Optioned Interests shall be RMB ten (10) (the “Base Exercise Price”). 8 If the equity interests are required to be evaluated by the PRC laws at the time of Party A’s exercise of the Option, the Parties shall otherwise negotiate in good faith and make necessary adjustments to the Base Exercise Price (collectively, the “Exercise Price”) on the basis of such evaluation to comply with the requirements of any PRC laws then applicable.