Common use of Subscription of Parent Shares Clause in Contracts

Subscription of Parent Shares. Immediately prior to the Closing, Parent shall issue to the Rollover Persons, and the Rollover Persons (or, if designated by the Rollover Persons in writing, in the name of an affiliate of the Rollover Persons) shall subscribe for, the number of Parent Shares at the ratio of one Rollover Share to one Parent Share and at a subscription price of US$0.0001 per share as set forth under the heading “Shares – Parent Shares” opposite the Rollover Persons’ name in Schedule A hereto. The Rollover Persons hereby acknowledge and agree that they shall have no right to any Merger Consideration in respect of their Rollover Shares.

Subscription of Parent Shares. Immediately prior to the Closing, Parent shall issue to the Rollover PersonsPerson, and the Rollover Persons Person (or, if designated by the Rollover Persons Person in writing, in the name of an affiliate of the Rollover PersonsPerson) shall subscribe for, the number of Parent Shares at the ratio of one Rollover Share to one Parent Share and at a subscription price of US$0.0001 per share as set forth under the heading “Shares – Parent Shares” opposite the Rollover Persons’ Person’s name in Schedule A hereto. The Rollover Persons Person hereby acknowledge acknowledges and agree agrees that they he shall have no right to any Merger Consideration in respect of their his Rollover Shares.