Document:

EX-4.15

 Exhibit 4.15 
  

	 	•	 	 Exclusive Equity Purchase Option Agreement (the “Exclusive Option Agreement”)

 Parties: 
  

	(1)	 an Offshore Holding Company (if applicable), which is a signing party to the Exclusive Option Agreement
regarding some Consolidated Entities; 

  

	(2)	 an applicable PRC Subsidiary; 

 

	(3)	 an applicable Consolidated Entity; and 

 

	(4)	 each Nominee Shareholder of such Consolidated Entity. 

Key Terms: 
  

	(1)	 Each Nominee Shareholder irrevocably grants to the Offshore Holding Company or its applicable PRC Subsidiary
(as applicable) (the “Option Right Holder”) an exclusive option to purchase or cause any one or more designated persons (the “Designated Persons”) to purchase at any time from the Nominee Shareholder, to the extent
permitted under PRC law, a portion of, or all of, the equity interests held by such Nominee Shareholder in the Consolidated Entity according to the steps determined by the Option Right Holder and at the price specified in such Exclusive Option
Agreement (the “Option”). 

  

	(2)	 Subject to PRC law and regulations, the Option Right Holder and/or the Designated Persons may exercise the
Option by issuing a written notice (the “Notice”) to the Nominee Shareholder, specifying the equity interest to be purchased from the Nominee Shareholder (the “Purchased Equity Interest”) and the manner of such
purchase. 

  

	(3)	 (i) Under the Exclusive Option Agreements of certain Consolidated Entities, the purchase price of the Purchased
Equity Interest (the “Purchase Price”) shall be equal to the consideration actually paid by the Nominee Shareholder for acquiring such Purchased Equity Interest, unless then applicable PRC laws and regulations require another price
based on appraisal value of the Purchased Equity Interest or imposes other restrictions on determination of the Purchase price. If the applicable PRC laws require an appraisal of the Purchased Equity Interest or stipulate other restrictions on the
Purchase Price at the time of the Offshore Holding Company’s exercise of the Option, the Parties agree that the Purchase Price shall be the lowest price as permitted by the applicable law; (ii) however, under the Exclusive Option
Agreements of other Consolidated Entities, the Purchase Price shall be free or the lowest price as permitted by the applicable law. 

  

	(4)	 The manner of payment of the Purchase Price shall be determined through negotiations between the Option Right
Holder (and/or the Designated Persons) and the Nominee Shareholder at the time of exercise of the Option. Subject to applicable laws, the Nominee Shareholder shall return to the Option Right Holder and/or the Designated Persons all the consideration
he/she/it receives from the Option Right Holder and/or the Designated Persons in connection with the Purchased Equity Interest. If a Loan Agreement is signed as a part of the contractual agreement, the Nominee Shareholder shall effectuate such
return by applying the entire consideration to repay the principal amount, interest accrued thereon and any conditional lending cost of the loan under the Loan Agreement. 

  
 1 

	(5)	 The Nominee Shareholder and the Consolidated Entity shall jointly and severally covenant not to undertake,
among others, any of the following actions without the prior written consent of the Option Right Holder: 

  

	 	(i)	 to supplement, amend or modify the Consolidated Entity’s articles of association in any way, or to
increase or decrease the registered capital of the Consolidated Entity, or to change the shareholding structure of the Consolidated Entity in any manner; 

  

	 	(ii)	 to sell, transfer, mortgage or otherwise dispose of, or permit any other security interest to be created on,
any of the Consolidated Entity’s assets, business or legal or beneficial interests in the revenue of the Consolidated Entity; 

  

	 	(iii)	 to create, assume or guarantee any liability, except for (i) liabilities incurred in the ordinary course
of business, excluding loans; and (ii) liabilities as disclosed to and approved by the Option Right Holder in writing; 

  

	 	(iv)	 to merge or consolidate with, or acquire or invest in, any entity; and 

 

	 	(v)	 to distribute dividends to the Consolidated Entity’s shareholders in any way, except the case where the
Consolidated Entity shall promptly distribute all or part of its distributable profits to its shareholders upon the Option Right Holder’s request. 

  

	(6)	 The Nominee Shareholder covenants not to undertake, among others, any of the following actions without the
prior written consent of the Option Right Holder: 

  

	 	(i)	 to sell, transfer, mortgage or otherwise dispose of, or allow any other security interest to be created on, the
legal or beneficial interest he/she/it holds in the Consolidated Entity at any time during the term of the Exclusive Option Agreement, other than the pledge created on the Consolidated Entity’s equity interest in accordance with the Equity
Pledge Agreement; 

  

	 	(ii)	 to vote for or sign any shareholders’ resolution at the Consolidated Entity’s shareholders’
meetings to approve the sale, transfer, mortgage or disposition in any other manner of, or the creation of any other security interest on, any legal or beneficial interest that the Nominee Shareholder holds in the Consolidated Entity, except for the
benefit of the Option Right Holder or its designated persons; 

  
 2 

	 	(iii)	 to vote for or sign any shareholders’ resolution at the Consolidated Entity’s shareholders’
meetings to approve the Consolidated Entity’s merger or consolidation with, acquisition of or investment in, any entity. 

  

	(7)	 Each Nominal Shareholder undertakes to (i) procure the shareholders’ meeting of the Consolidated
Entity to approve the transfer of the Purchased Equity Interest pursuant to the terms and conditions of the Exclusive Option Agreement; and (ii) waive all his/her/its right of first refusal (if any) with respect to the equity interest transfer
between other Nominal Shareholder(s) and the PRC Subsidiary (or the Offshore Holding Company) as contemplated under the Exclusive Option Agreement. 

  

	(8)	 The Exclusive Option Agreement will be in effect for an unlimited term until all equity interests held by the
Nominal Shareholder in the Consolidated Entity have been transferred or assigned to the Option Right Holder and/or Designated Persons in accordance with this Exclusive Option Agreement. 

  
 3EX-4.16

 Exhibit 4.16 
  

	 	•	 	 Loan Agreement 

In addition to the above agreements, the contractual agreements with respect to some Consolidated Entities also include a loan agreement with the principal
terms and conditions as below. 
 Parties: 
  

	(1)	 an applicable PRC Subsidiary (for the purpose of the Loan Agreement, the “Lender”); and

  

	(2)	 the Nominee Shareholder(s) of an applicable Consolidated Entity (for the purpose of the Loan Agreement, the
“Borrower”). 

 Key Terms: 
  

	(1)	 The Lender agrees to provide to the Borrower, and the Borrower agrees to accept a loan with a certain principal
amount in RMB in accordance with the terms and conditions of the Loan Agreement. 

  

	(2)	 The loan shall be only used by the Borrower for acquiring the equity interest in the Consolidated Entity.

  

	(3)	 The term of the loan commences from the date when the Borrower receives the loan until ten (10) years
after the execution of the Loan Agreement and may be renewed upon written agreement of the parties thereto. 

  

	(4)	 If any of the following events occurs, the Lender may, by serving a written notice to the Borrower, demand that
the loan under the Loan Agreement should become due and payable immediately and the Borrower should immediately repay the loan in the manner as specified in the Loan Agreement: 

 

	 	(i)	 The Borrower resigns from or is dismissed by the Lender or its affiliates; 

 

	 	(ii)	 The Borrower dies or becomes a person without capacity or with limited capacity for civil acts;

  

	 	(iii)	 The Borrower commits a crime or is involved in a crime; 

 

	 	(iv)	 Any other third party claims more than a specific amount against the Borrower; 

 

	 	(v)	 Any representations or warranties are proved untrue when such representations or warranties were made by the
Borrower or contains any error(s) in any material aspects; or the Borrower breaches any of such representation or warranty; or 

  

	 	(vi)	 Subject to PRC laws, the Lender has notified the Borrower and/or the Consolidated Entity in writing of
exercising its purchase option in accordance with the Exclusive Option Agreement. 

  
 1 

	(5)	 Both parties agree and confirm that, if at the time of the Lender’s exercise of the purchase option under
the Exclusive Option Agreement, the lowest purchase price permitted under the then applicable laws and regulations is higher than the original investment price actually paid by the Borrower, the purchase price to exercise the option shall be such
lowest price permitted by the applicable law. Both parties agree to execute an Exclusive Option Agreement to specify the above matters. 

  

	(6)	 Both parties agree and confirm that the Nominee Shareholder must repay the loan only in the following manner:
if permitted by PRC laws, the Borrower or its successor or assign shall transfer the equity interests in the Consolidated Entity to the Offshore Holding Company/Lender or its designated persons and use the proceeds from such transfer to repay the
loan, when the loan is due and the Lender gives a written notice. 

  

	(7)	 The Borrower, among others, covenants that: 

 

	 	(i)	 He/she/it must not sell, transfer, pledge or otherwise dispose in any other manner of his/her/its equity or
other interests in the Consolidated Entity, or allow the creation of other security interests thereon, without the Lender’s prior written consent, except for equity pledges or other rights created for the benefit of the Lender;

  

	 	(ii)	 He/she/it must not vote for at shareholder’s meetings of the Consolidated Entity or execute any
shareholders’ resolutions approving the sale, transfer, pledge, disposition in any other manner, or the creation of any other security interest on, any legal or beneficial interest in the equity of the Consolidated Entity without the
Lender’s prior written consent, except for those for the benefit of the Lender or its designated persons; 

  

	 	(iii)	 He/she/it must not vote for at shareholder’s meetings of the Consolidated Entity or execute any
shareholders’ resolutions approving the Consolidated Entity to merge or combine with, acquire or invest in any entity without the Lender’s prior written consent; 

 

	 	(iv)	 He/she/it must promptly inform the Lender of any pending or threatened litigation, arbitration or regulatory
proceeding concerning the equity interests of the Consolidated Entity; and 

  

	 	(v)	 He/she/it must not commit any act or omission that may materially affect the assets, business and liabilities
of the Consolidated Entity without the Lender’s prior written consent; 

  

	 	(vi)	 He/she/it must procure the Consolidated Entity to maintain and operate its business and deal with matters
prudently and effectively, in accordance with good financial and business rules and practices 

  
 2 

	(8)	 The Borrower further covenants that he/she/it shall cause the Consolidated Entity not to engage in any of the
following actions without the Lender’s prior written consent: 

  

	 	(i)	 To supply, amend or modify its articles of association, or to increase or decrease its registered capital, or
to change its capital structure in any way; 

  

	 	(ii)	 To sell, transfer, mortgage, dispose of in any other manner, or to create other security interest on, any of
its assets, business or the legal or beneficial right to its revenues; 

  

	 	(iii)	 To create, assume, guarantee or permit any liability, except for (i) liabilities incurred in the ordinary
course of business, excluding loans; and (ii) liabilities as disclosed to and approved by the Lender in writing; and 

  

	 	(iv)	 To distribute dividends to its shareholders in any form, except for the case where the Consolidated Entity
shall promptly distributable all its distributable profits to each of its shareholders upon the Lender’s request. 

  
 3

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00293-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00293-of-00352.parquet"}]]