Agreement on Equity Donation 1 Equity Donation Agreement
Party A (donor):
ID number:
Address:
Telephone:
Party B (donee):
ID number:
Address:
Telephone:
Based on the principle of mutual benefit, Party A and Party B, through full consultation, have reached the following agreement on the issue of stock right donation, which shall be observed by both parties.
This agreement was signed on.
Article 1 the subject matter of the gift
1. Party A owns the equity of the company (hereinafter referred to as the company) and is the legal shareholder specified in the Articles of Association, of which Party A holds% of the equity of the company;
2. Party A agrees to give Party B its equity that does not exceed% of the company's total equity;
3. Party B agrees to accept the above gift.
Article 2 Conditions of Gift
Unconditional gift.
Article 3 Commitments and Guarantees
1, Party A guarantees that the equity it holds is not set with any kind of lien, pledge right or other property rights or creditor's rights, and Party A guarantees that there is no illegal act of withdrawing registered capital, and Party A has the complete right to dispose of the equity donated to Party B according to this agreement.
2. Party B acknowledges the original Articles of Association and the contract between shareholders, and promises to bear the rights, obligations and responsibilities of shareholders according to the original Articles of Association and the contract.
3. After the equity donation, Party A and Party B shall, according to the relevant laws, regulations and articles of association where the company is located, request the company to go through the registration of equity change with the registration authority, and publish the situation of changes in equity in the company's register of shareholders, and at the same time issue a Certificate of Contribution to Party B..
4. If such a gift requires the consent of other shareholders of the company, Party A shall be responsible for obtaining such consent.
Article 4 Legal Consequences of Equity Donation
1. After both parties sign this agreement and the statutory alteration procedures of the Articles of Association are completed, Party B will own% of the shares of the company and become a shareholder of the company, and share the profits, risks and losses of the company in proportion to its shares.
2. The creditor's rights and debts that have occurred in the company are not affected by the change of shareholders.
Article 5 Burden of expenses
Both parties shall bear one-half of the relevant taxes and fees required for the implementation of this transfer agreement.
Article 6 revocation of gift
1.In any of the following circumstances, Party A may revoke the gift:
(1) Party B seriously infringes on Party A or a close relative of Party A;
(2) Party B seriously damages the interests of the company or causes losses to the company;
2. If the gift is cancelled due to items (1) and (2) of the preceding paragraph, Party B shall return all the shares it has received based on this agreement, and cooperate with Party A and the company to handle the procedures for changing the company's shares;
3. After the gift is revoked, the performance of this agreement will be terminated.
Article 7 Liability for breach of contract
If any party to this agreement fails to properly and comprehensively perform its obligations according to the provisions of this agreement, it shall be liable for breach of contract. Any responsibility and damage caused by the observant party shall be compensated by the defaulting party.
Article 8 Law Application and Dispute Resolution
1.This Agreement shall be governed by and construed in accordance with the laws of China.
2. Any dispute arising from or related to this Agreement shall be settled by both parties through consultation; If negotiation fails, either party may bring a lawsuit to the court where the company is located.
Article 10 Others
1, this agreement shall come into effect after being signed or sealed by both parties.
2. The original of this Agreement is in quintuplicate, one for each party, one for the company and the rest for the relevant government departments.
Party A:
Party B:
Year month day
Year month day
Agreement on Equity Donation Article 2 Party A (Donor): XX
Id number: XXXXXXXX
Address: XXXX
Tel: XXXXXX
Party B (donee): XX
Id number: XXXXXXXX
Address: XXXX
Tel: XXXXXX
Based on the principle of mutual benefit, Party A and Party B, through full consultation, have reached the following agreement on the issue of stock right donation, which shall be observed by both parties.
This agreement was signed on XX, XX, XXXX.
Article 1 the subject matter of the gift
1. Party A owns the equity of the company (hereinafter referred to as the company) and is the legal shareholder specified in the Articles of Association, of which Party A holds% of the equity of the company;
2. Party A agrees to give Party B its equity that does not exceed% of the company's total equity;
3. Party B agrees to accept the above gift.
Article 2 Conditions of Gift
Unconditional gift.
Article 3 Commitments and Guarantees
1, Party A guarantees that the equity it holds is not set with any kind of lien, pledge right or other property rights or creditor's rights, and Party A guarantees that there is no illegal act of withdrawing registered capital, and Party A has the complete right to dispose of the equity donated to Party B according to this agreement.
2. Party B acknowledges the original Articles of Association and the contract between shareholders, and promises to bear the rights, obligations and responsibilities of shareholders according to the original Articles of Association and the contract.
3. After the equity donation, Party A and Party B shall, according to the relevant laws, regulations and articles of association where the company is located, request the company to go through the registration of equity change with the registration authority, and publish the situation of changes in equity in the company's register of shareholders, and at the same time issue a Certificate of Contribution to Party B..
4. If such a gift requires the consent of other shareholders of the company, Party A shall be responsible for obtaining such consent.
Article 4 Legal Consequences of Equity Donation
1. After both parties sign this agreement and the statutory alteration procedures of the Articles of Association are completed, Party B will own% of the shares of the company and become a shareholder of the company, and share the profits, risks and losses of the company in proportion to its shares.
2. The creditor's rights and debts that have occurred in the company are not affected by the change of shareholders.
Article 5 Burden of expenses
Both parties shall bear one-half of the relevant taxes and fees required for the implementation of this transfer agreement.
Article 6 revocation of gift
1.In any of the following circumstances, Party A may revoke the gift:
(1) Party B seriously infringes on Party A or a close relative of Party A;
(2) Party B seriously damages the interests of the company or causes losses to the company;
2. If the gift is cancelled due to items (1) and (2) of the preceding paragraph, Party B shall return all the shares it has received based on this agreement, and cooperate with Party A and the company to handle the procedures for changing the company's shares;
3. After the gift is revoked, the performance of this agreement will be terminated.
Article 7 Liability for breach of contract
If any party to this agreement fails to properly and comprehensively perform its obligations according to the provisions of this agreement, it shall be liable for breach of contract. Any responsibility and damage caused by the observant party shall be compensated by the defaulting party.
Article 8 Law Application and Dispute Resolution
1.This Agreement shall be governed by and construed in accordance with the laws of China.
2. Any dispute arising from or related to this Agreement shall be settled by both parties through consultation; If negotiation fails, either party may bring a lawsuit to the court where the company is located.
Article 10 Others
1, this agreement shall come into effect after being signed or sealed by both parties.
2. The original of this Agreement is in quintuplicate, one for each party, one for the company and the rest for the relevant government departments.
Party a: XX
XXXX, XXXX, xx, xx
Party b: XX
XXXX, XXXX, xx, xx
Article 3 of the Equity Donation Agreement: The following preconditions shall be the effective conditions for Party A to donate assets to Party B:
1. This contract and the share-trading reform plan of ××××××××××××××××××××××××××××××××××××××××××××××××××××××××××××××××××××××××××××××××××××××××××××××××××××××××××××××××××××××××××××××××××××××××××××××××××××××××××
2. The donation of ×××% equity has obtained the consent of the other shareholder; The donation of ××% equity in×××××××××××××××××××××××××××××××××××××××××××××××××××××××××××××××××××××××××××××××××××××××××××××××××××××××××××××××××××××××××××××××××××××××××××××××××××××××××××××××××××××××
Equity grant agreement
Party A (donor):
ID number:
Address:
Telephone:
Party B (recipient):
ID number:
Address:
Telephone:
For the purpose of working together to promote the development of (hereinafter referred to as a company) and clarifying the rights and responsibilities of both parties, Party A and Party B, in accordance with the provisions of the Company Law of the People's Republic of China and the Contract Law of the People's Republic of China, in line with the principles of good faith and mutual benefit, and in combination with the actual situation of both parties, hereby sign this Equity Grant Contract, in order to
Party A and Party B have reached the following agreement on the donation of equity:
1. Company profile, shareholders and shareholding ratio structure of a company.
Company name:
Address:
Name of legal person:
Registered capital:
Paid-in capital:
Company type: limited liability company (natural person or holding company)
Scope: Scope:
Proportional structure of shareholders and equity:
2. As one of the shareholders of a company, Party A owns% equity of a company. Now, according to the Articles of Association and the Resolution of Shareholders' Meeting, Party A agrees to donate% equity to Party B, and Party B is willing to participate in the operation and management of the company.
III. Rights and obligations of both parties
1. Party A guarantees that it enjoys completely independent rights and interests in the equity it donates to Party B, without any pledge, without any disputes or lawsuits, without any investment management responsibilities, but does not participate in debt repayment, but participates in dividend profits, and enjoys the right to distribute the provident fund, undistributed profits and net increase of company assets formed by the company's operation.
2. When signing this agreement, Party A shall ensure that the proposal of donating its equity to Party B has been approved by all shareholders in the company's shareholders' meeting and a written resolution document has been formed.
3. Within days after the signing of this agreement, Party A and Party B shall go through the formalities of shareholder change and equity change at the industrial and commercial administrative department where a company is located, and both parties shall provide necessary cooperation and cooperation for legal procedures such as registration of change. (If you don't need to register with the Industrial and Commercial Bureau, you can delete it.)
4. Upon completion of the formalities for changing the stock right, Party B will own% of the shares of a company and enjoy the corresponding shareholders' rights and interests in accordance with the laws and the Articles of Association.
Iv. obligation of confidentiality
Before or after the signing of this agreement, before or after the entry into force of this agreement, after the entry into force of this agreement or after the termination of this agreement, both parties shall keep all the contents involved in this agreement confidential regardless of whether they continue to cooperate with each other. If a company or the other party suffers losses due to leakage, they shall bear corresponding compensation responsibilities.
V. Alteration and termination of the agreement
1. Changes to this agreement must be negotiated by both parties and a written change agreement must be concluded. If no agreement can be reached through negotiation, this agreement shall remain valid.
2. When both parties agree to terminate the performance of this Agreement, a written agreement shall be entered into, which shall not take effect until it is signed or sealed by both parties.
3. After this agreement comes into effect, if Party B is unwilling to continue to cooperate with Party A to run a company, this agreement will remain valid.
VI. Liability for breach of contract
1 After this agreement is formally signed, any party who fails to perform or fails to fully perform the agreed terms of this agreement shall constitute a breach of contract. The defaulting party shall compensate the observant party with a one-time penalty of RMB 10,000.
2. After receiving the equity, Party B shall not transfer or donate the equity to a third party other than Party A without authorization, otherwise it shall compensate Party A with a one-time penalty of RMB 10,000.
3. When either party breaches this agreement, the observant party has the right to require the defaulting party to continue to perform this agreement.
VII. Applicable Laws and Dispute Resolution
This Agreement shall be governed by the laws of the People's Republic of China, and all disputes arising from the performance of this Agreement or related to this Agreement shall be settled through friendly negotiation. If negotiation fails, either party has the right to bring a lawsuit to the people's court where a company is located.
Viii. entry into force of the agreement and others
This agreement shall come into effect after being signed or sealed by both parties. The original contract is in quadruplicate, and Party A and Party B each hold two copies.
Party A: (signature or seal)
Party B: (signature or seal)
Date of signing: year month day
Signing place:
Article 4 of the Equity Donation Agreement Party A:
ID number:
Residence:
Entrusted agent:
Contact telephone number:
Party B:
ID number:
Residence:
Entrusted agent:
Contact telephone number:
According to the relevant provisions of the Civil Code of the People's Republic of China and relevant laws and regulations, Party A and Party B, based on the principles of equality, voluntariness, honesty and credibility, have reached an agreement on the issue of equity donation through friendly negotiation, and hereby sign the following agreement for * * * to comply with:
Article 1 Gifts
(1) Party A donates its equity to Party B, and Party B is willing to accept the equity donation.
(II) The number of shares donated: Party A owns the company's shares, of which Party A accounts for _ _ _% of the company's shares, and Party A agrees to donate its shares of% of the total company's shares to Party B..
Article 2 Conditions of Gift
The gift agreed in this contract is an unconditional gift.
Article 3 expenses
Both parties shall bear the relevant taxes and fees required for the implementation of this gift agreement.
Article 4 Rights and obligations of both parties
(1) Party A guarantees that it is the legal shareholder of the company and recorded in the register of shareholders of the company, and the amount of equity is legal, true and effective.
(II) Party A guarantees that there is no lien, pledge right or other real right or creditor's right on the equity it holds, and that there is no illegal act of withdrawing registered capital, and that Party A has complete right to dispose of the equity donated to Party B according to this Agreement.
(III) Party B acknowledges the Articles of Association and the contract between shareholders, and guarantees to undertake the corresponding rights and obligations of shareholders according to the original Articles of Association and the contract.
(IV) After the stock right is donated, Party A and Party B shall, according to the relevant laws, regulations and articles of association of the company where the company is located, request the company to register the change of stock right with the registration authority, and publish changes in equity's information on the company's register of shareholders, and at the same time issue a Certificate of Contribution to Party B..
(V) If such a gift requires the consent of other shareholders of the company, Party A shall be responsible for obtaining such consent.
(VI) After both parties sign this Agreement and the statutory alteration procedures of the Articles of Association are completed, Party B will own% of the company's equity and become a shareholder of the company, and share the company's profits, risks and losses in proportion to its equity.
(VII) The creditor's rights and debts that have occurred in the company are not affected by the change of shareholders.
(VIII) After Party B obtains the equity, it is liable/not liable to repay the debts of the company before it obtains the equity.
Article 5 revocation of gift
(1) In any of the following circumstances, Party A may cancel the gift: _ _ _ _
1, Party B seriously infringes Party A or a close relative of Party A;
2. Party B seriously damages the company's interests or causes losses to the company;
3. Violation of relevant laws and regulations.
If the gift is revoked due to the above terms, Party B shall return all the shares donated based on this agreement, and cooperate with Party A and the company to go through the procedures for changing the company's shares;
(2) After the gift is revoked, the performance of this Agreement will be terminated.
Article 6 confidentiality
(1) All information of the other party, including but not limited to basic information, operating conditions, financial conditions, business secrets and technical secrets, which are known by both parties during the signing of this agreement, shall be kept confidential.
(2) The owner of the information agrees that the other party has the right to disclose such information only under the following circumstances:
1, this information is known to the public due to the information owner;
2. Requirements of any laws, regulations, normative documents, judicial procedures or dispute settlement procedures;
3. Disclosure to one party's subordinate institutions or project managers;
4. Disclosure after obtaining the consent of the information owner.
(3) In any case, the confidentiality obligation stipulated in this article shall remain valid.
Article 7 Force Majeure
(1) "Force Majeure" in this Agreement refers to unforeseeable, unavoidable and insurmountable events, including but not limited to earthquakes, typhoons, floods, fires, wars or other events recognized by commercial practices.
(2) If a party encounters obstacles or delays in the performance of its obligations under this Agreement due to force majeure events, and cannot perform its obligations in whole or in part according to the specified terms, the party encountering force majeure (the "hindered party") shall not be considered as violating this Agreement as long as all the following conditions are met:
1. The failure of the blocked party to perform its obligations in whole or in part is directly caused by the force majeure event, and the blocked party did not delay the performance of relevant obligations before the force majeure event;
2. The affected party has done its best to fulfill its obligations and reduce the losses caused to the other party due to force majeure events;
3. When the force majeure event occurs, the blocked party has immediately notified the other party, and provided a written explanation about the event within fifteen days after the force majeure event, which shall include the reasons for the delayed performance or partial performance of this Agreement.
(3) After the force majeure event is terminated or eliminated, the affected party shall continue to perform this Agreement and notify the other party as soon as possible. The hindered party shall be able to extend the time for performing its obligations, and the extension period shall be equivalent to the time actually caused by the force majeure event.
(4) If the impact of the force majeure event lasts for 30 days or more, both parties shall negotiate to modify or terminate this agreement according to the impact of the event on the performance of this agreement. If both parties can't reach an agreement on this within ten days from the date when one party issues a written consultation notice, either party has the right to terminate this agreement without being liable for breach of contract.
Article 8 Liability for breach of contract
(1) Any party's failure to perform any clause under this contract shall be deemed as breach of contract. The breaching party shall bear the losses caused to the observant party due to its own breach of contract.
(2) If one party violates the confidentiality clause of this contract, the other party has the right to require it to bear the corresponding losses.
(3) If the legitimate rights and interests of a third party are infringed by one party's behavior, the party shall be responsible for handling and bear all responsibilities. If losses are caused to the other party, that party shall be liable for compensation.
(4) The losses mentioned in this contract include the actual losses, the benefits that can be obtained after the performance of the contract, litigation or arbitration fees, reasonable investigation fees, attorney fees and other related legal fees.
Article 9 Notification and Service
(1) Any notice, document or application sent by one party to the other party under this contract shall be sent in written form by registered mail, express mail, fax or hand-delivered. The delivery date of registered letters or express mail is subject to the postmark.
(2) A notice, document or application shall be deemed to be delivered and effective in the following ways:
1, if it is sent by registered mail and sent to inland areas, it shall be deemed as delivered on the fourth day after it is sent; If it is sent to Hong Kong, Macao, Taiwan and other overseas countries or regions, it shall be deemed as delivered on the seventh day after it is sent.
2, in the form of express mail, sent to the mainland, the third day after the issue is deemed to have been served; If it is sent to Hong Kong, Macao, Taiwan and other overseas countries or regions, it shall be deemed as delivered on the sixth day after it is sent.
3. If it is sent by fax, the time indicated in the printed delivery confirmation sheet after it is sent by fax shall be deemed as delivery.
4. If it is delivered by hand, it will be deemed as delivered when the receiver's staff sign for it or the delivery personnel leave the relevant documents at the receiver's address.
(3) The above-mentioned notices, documents or applications issued under this contract shall be delivered to the following addresses and numbers:
Party A:
Address:
Telephone number:
Fax number:
Recipient:
Party B:
Address:
Telephone number:
Fax number:
Recipient:
If either party's address changes, it shall notify the other party in writing the day before the change. The loss caused by the delay in notification shall be borne by the party at fault.
Article 10 Applicable laws and dispute settlement methods
(1) The establishment, validity, interpretation, performance, signing, amendment and termination of this Agreement and the settlement of disputes shall be governed by law.
(2) Any dispute arising from or related to this Agreement shall be settled by both parties through negotiation. The negotiation shall begin immediately after one party delivers a written request for negotiation to the other party; If both parties fail to resolve the dispute through consultation within 10 days, both parties agree to settle it in the following way:
1 For any dispute arising from or related to this Agreement, both parties agree to submit the dispute to the people's court with jurisdiction for settlement.
2. Any dispute arising from or related to this Agreement shall be submitted to the Arbitration Commission for arbitration in accordance with its arbitration rules. The arbitral award is final and binding on both parties, and can be enforced in any court or other authority with jurisdiction. Unless otherwise stipulated in the arbitration award, the losing party shall pay all legal expenses incurred by both parties for arbitration, including but not limited to attorney's fees.
(3) In the process of litigation or arbitration, except for the disputed part between the two parties, the other parts of this agreement are still valid and all parties shall continue to perform.
(4) Each party agrees to serve subpoenas, notices or other documents related to arbitration or enforcement of arbitral awards by using the notice and service clauses of this Agreement. Nothing in the notice and service terms of this agreement shall affect the right of one party to serve the above subpoena, notice or other documents in other ways permitted by law.
(5) If this agreement is invalid in whole or in part, this article is still valid.
Article 11 the validity of the contract
(1) This contract shall come into effect after being signed or sealed by both parties. This contract is made in _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
(II) Matters not covered in this contract or other problems encountered during the execution shall be settled by both parties through consultation, and a supplementary contract may be signed separately, which has the same legal effect as this contract.
(3) Others
Party A (seal): _ _ _ _ _ _ _ _ Party B (seal): _ _ _ _ _ _ _
_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
Agreement on Equity Donation Article 5 Agreement on Equity Donation
Place of contract signing: _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
Party A (donor): _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
ID number: _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
Address: _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
Tel: _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
Party B (donee): _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
ID number: _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
Address: _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
Tel: _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
Party A and Party B shall work together to promote the development of _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ Co., Ltd. (hereinafter referred to as the company) and clarify the rights and responsibilities of both parties in accordance with the Company Law of the People's Republic of China and the Contract Law of the People's Republic of China
Article 1 Company profile
The company was established by _ _ _ _ _ _ _ _ _ _ _ _ * * *, which was funded by _ _ _ _ _ _ _ _ _ and registered as a legal person. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
Article 2 Rights and Interests of Party A
As the investor of the company, Party A agrees to donate _ _ _% of the equity to Party B. After accepting the donation, Party B must fulfill the obligation of managing the company's operation. If Party A fails to do so, it has the right to notify Party B in writing to cancel the equity donation agreement.
Article 3 Rights and obligations of both parties
1. Since the signing of this Agreement, Party B has _ _ _% of the company's equity and enjoys the corresponding shareholders' rights and interests in accordance with laws and company regulations.
2. After becoming a shareholder, Party B automatically joins the company's shareholders' meeting and takes office in the company for _ _ _ _ _ _ to be responsible for the company's operation and management.
3. If Party B's fault leads to poor management of the company or losses, it has the right to require Party B to bear the corresponding economic compensation losses after the approval of the company's shareholders' meeting and a written resolution is made, and Party A also has the right to unilaterally decide to recover Party B's equity.
4. If Party B does not work in the company, including but not limited to resignation, resignation, termination of the labor contract, dismissal by the company, etc., the equity will automatically return to Party A and this agreement will be terminated.
5. If Party B violates laws, regulations, rules and relevant government regulations, Party A has the right to terminate this Agreement and recover Party B's equity.
6. If Party B violates the articles of association, rules and regulations, labor contract, confidentiality agreement, company resolutions and other documents that are binding on Party B, Party A has the right to terminate this agreement and recover Party B's equity.
Article 4 Obligation of confidentiality
Before or after the signing of this agreement, before or after the entry into force of this agreement, or after the termination of this agreement, both parties shall keep confidential everything involved in this company and this agreement, regardless of whether they continue to cooperate. If one party causes losses to the other party due to leakage, it shall bear the corresponding liability for compensation.
Article 5 Profit sharing
1. Party B shall share the profits of all business projects of the Company in proportion to its own equity.
2. The shares and fruits formed by the company are the * * * property of the company, and Party B shall own them in proportion.
Article 6 Modification and Termination of the Agreement
1. Changes to this agreement must be negotiated by both parties and a written change agreement must be concluded. If no agreement can be reached through negotiation, this agreement will remain valid.
2. When both parties agree to terminate the performance of this Agreement, a written agreement shall be entered into, which shall take effect only after being signed or sealed by both parties, and the equity will automatically return to Party A..
3. After this agreement comes into effect, if Party B is unwilling to continue to cooperate with Party A to run the company, the equity will automatically return to Party A, and this agreement will be terminated.
Article 7 Liability for breach of contract
1 After this agreement is formally signed, any party who fails to perform or fails to fully perform the agreed terms of this agreement shall constitute a breach of contract. The breaching party shall be responsible for compensating all direct economic losses caused to the observant party by its breach of contract.
2. Without the written consent of Party A, Party B shall not transfer or give the equity to any third party other than Party A, otherwise it shall compensate Party A for the liquidated damages of RMB _ _ _ _ _.
3. When either party breaches this agreement, the observant party has the right to require the defaulting party to continue to perform this agreement.
Article 8 Applicable Law and Dispute Resolution
This agreement shall be governed by the laws of the People's Republic of China. All disputes arising from the performance of this agreement or related to this agreement shall be settled through friendly negotiation. If negotiation fails, either party has the right to bring a lawsuit to the people's court where the company is located.
Article 9 the entry into force of the agreement and others
This agreement shall come into effect after being signed or sealed by both parties. The original of this agreement is in duplicate, and each party holds one copy.
(There is no text below)
Party A (seal): _ _ _ _ _ _ _ _ _ _ _ _ _ _
_ ID number: _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
Bank account number: _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
Tel: _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
Signing time: year month day
Party B (seal): _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
ID number: _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
Bank account number: _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
Tel: _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
Signing time: year month day