中国国有企业股权转让协议 英文版Word文件下载.docx
《中国国有企业股权转让协议 英文版Word文件下载.docx》由会员分享,可在线阅读,更多相关《中国国有企业股权转让协议 英文版Word文件下载.docx(18页珍藏版)》请在冰豆网上搜索。
5.ExclusionofAssetsandLiabilitiesoftheCompany7
6.ArrangementforEmployeesandRetireesoftheCompany8
7.AccountsReceivableoftheCompany9
8.WorkingCapitalLoansoftheCompany10
9.TaxLiabilitiesoftheCompany11
10.FurtherExclusionofAssetsandLiabilitiesoftheCompany11
11.CompletionandPaymentofTransferPrice11
12.RepresentationsandWarrantiesoftheParties12
13.DueDiligencebytheTransferee14
14.ContinuationofBusinessoftheCompany15
15.Termination15
16.CostsandTaxes16
17.ConfidentialityandPublicAnnouncement16
18.GoverninglawandDisputeSettlement17
19.Miscellaneous17
Schedule1:
ExcludedInvestments19
Schedule2:
LoanGuarantees20
Schedule3:
SpecialAccountsReceivable21
THIS
AGREEMENTismadein[],Chinaonthis[]daybyandbetweenthefollowingparties:
(1)_______(thenameoftheTransferor),acompanydulyorganizedandvalidlyexistingunderthelawsof__________withitslegaladdressat__________________(the“Transferor”);
and
(2)______(thenameoftheTransferee),acompanydulyorganizedandvalidlyexistingunderthelawsof__________withitslegaladdressat__________________(the“Transferee”).
Whereas,
A.______(thenameofthesubjectcompany)isaState-ownedenterprisedulyorganizedandvalidlyexistingunderthelawsofChina(the“Company”);
B.theTransferorholds100%oftheownershipinterestintheCompany;
C.theTransferorhasagreedtosell80%ofitsownershipinterestintheCompanytotheTransfereeforthepriceandonthetermssetoutinthisAgreement.UpontheTransferee’sacquisitionofsuchownershipinterest,theCompanyshallbecomeaChinese-foreignequityjointventure.
NowTherefore,TheParties
HaveAgreedasFollows:
1.Definitions
1.1InthisAgreement,thefollowingexpressionsshallhavethefollowingmeanings:
AccountsoftheCompanymeantheauditedbalancesheetofCompanydated31December[],theprofitandlossstatementandcashflowstatementoftheCompanyforthefiscalyearof[]andtheinterimaccountsoftheCompanyfortheperiodfrom1January[]to30June[].
ApprovalAuthoritiesmeanstheInvestmentApprovalAuthorityandtheStateAssetAuthority.
ArticlesmeantheArticlesofAssociationoftheJVCompanytobeexecutedbythepartiestogetherwiththisAgreement.
BusinessLicencemeansthebusinesslicenceoftheJVCompanyissuedbytheRegistrationAuthorityfollowingtheapprovalsbytheApprovalAuthoritiesofthisAgreement,theJVContractandtheArticles.
CompletionAccountsmeansthefinalbalancesheetoftheCompanydatedthedayimmediatelyprecedingtheDateofCompletion,andtheprofitandlossstatementandcashflowstatementoftheCompanyfortheperiodfromJanuary[]tothatdate.
ConversionmeanstheconversionoftheCompanyintoaChinese-foreignequityjointventurepursuanttothisAgreementandtheJVContract.
DateofCompletionmeansthedateofissuanceoftheJVBusinessLicencebytheRegistrationAuthoritytotheJVCompany.
ExcludedInvestmentsmeanallequityinterestsownedbytheCompanyincompanies,enterprisesorotherentitiesotherthananysubsidiaryoftheTransfereeincludingwithoutlimitationtheinvestmentslistedonSchedule1.
FSRmeansthefeasibilitystudyreportontheJVCompanytobesignedbythepartiestogetherwiththisAgreement.
IntellectualPropertyRightsmeanpatents,trademarks,servicemarks,tradenames,internetdomainnames,rightsindesigns,copyright(includingrightsincomputersoftwareanddatabases),rightsinknowhowandotherintellectualpropertyrights,ineachcasewhetherregisteredorunregisteredandincludingapplicationsforthegrantofanysuchrightsandallrightsorformsofprotectionhavingequivalentorsimilareffectanywhereinChina.
InvestmentApprovalAuthoritymeans____________oranyotherauthoritywhichiscompetenttoapprovethisAgreementandthetransactioncontemplatedhereunderaccordingtotheChineselaws.
JVCompanymeanstheCompanyafterbeingconvertedfromastate-ownedenterpriseintoaChinese-foreignequityjointventurecompanypursuanttothisAgreementandtheJVContract.
JVContractmeansthejointventurecontractinrespectoftheJVCompanytobeexecutedbythepartiestogetherwiththisAgreement.
LoanGuaranteesmeanallguaranteesorothersecuritygrantedbytheCompanyinrespectoftheindebtednessofanythirdparty,includingwithoutlimitationallthoseguaranteesandothersecuritywhicharelistedonSchedule2.
MainBusinessmeansthebusinessof___________________ascurrentlycarriedondirectlybytheCompany.
OwnershipInterestmeanstheeightypercent(80%)ownershipinterestintheCompanytobetransferredbytheTransferortotheTransfereepursuanttothetermsofthisAgreement.
OwnershipTransfermeansthetransferbytheTransferortotheTransfereeoftheOwnershipInterestpursuanttothisAgreement.
RegistrationAuthoritymeansthe___________________AdministrationforIndustryandCommerce,beingthegovernmentauthorityfortheregistrationoftheJVCompanyandissuanceoftheBusinessLicence.
StateAssetAuthoritymeansthe___________________State-OwnedAssetsAdministrationortherelevantfunctionaldivisionoftheMunicipalFinanceDepartment.
1.2InthisAgreement,theheadingsareinsertedforconvenienceonlyandshallnotaffecttheconstructionofthisAgreement.
1.3TheSchedulesformanintegralpartofthisAgreementandanyreferencetothisAgreementshallincludetheSchedules.
2.OwnershipTransferandTransferPrice
2.1SubjecttothetermsofthisAgreement,theTransferorshallsellandtransfer,andtheTransfereeshallpurchase,theOwnershipInterestfreefromanymortgage,pledge,lien,securityinterestorotherencumbrancesandtogetherwithallrightsattachedthereto.
2.2ThetotalpricepayablebytheTransfereetotheTransferorfortheOwnershipInterestshallbe[]UnitedStateDollars(USD)(equivalenttoRMB)(theTransferPrice).TheTransferPriceshallbepaidinaccordancewithClause11hereof.
3.ConditionsPrecedenttoSigningofAgreement
3.1TheexecutionofthisAgreementshallbeconditionaluponeachofthefollowingconditionsprecedentbeingfulfilled:
(a)avaluationreportontheassetsoftheCompanyhasbeenissuedbyaqualifiedappraisalfirmjointlyselectedbytheparties,andsuchreporthasbeenconfirmedinwritingbyorregisteredwiththeStateAssetAdministration;
(b)theregisteredcapitaloftheCompanyhasbeenincreasedto[RMB(USD)]inaccordancewithFSR;
(c)theCompanyhasbeenconvertedtoalimitedliabilitycompanyinaccordancewiththeCompanyLaw;
(d)theCompanyhasbeenreleasedfromalltheLoanGuarantees.
3.2TheTransferorandtheCompanyshallusetheirbestendeavourstoensurethattheaboveconditionsprecedentshallbefulfilledassoonaspracticableandinanyeventbythis____day.
3.3EachoftheconditionsprecedentshallbefulfilledinaccordancewiththeapplicablelawsandregulationsofChinaandtothesatisfactionoftheTransferee.TheTransfereeshallbeentitledinitsabsolutediscretion,bywrittennoticetotheTransferor,towaiveanyoftheconditionsprecedenteitherinwholeorinpart.
4.AgreementSigningandApplicationsforApprovalandRegistration
4.1Onorbeforethis[]dayof[],theTransferorandCompanyshallprovidetheTransfereewithcopiesofalldocumentationrelevanttothefulfilmentoftheconditionsprecedentincludinganyrequiredapprovalsfromthegovernmentauthoritiesandconsentsofthirdparties.EachpartyshallalsoprovidetheotherpartywithevidencethatithasobtainedallnecessaryinternalapprovalsandauthorizationstoenterintothisAgreementandtoperformitsobligationshereunder.Inaddition,theTransferorshallalsoprovideevidencethatithasobtainedallnecessaryapprovalsandauthorizationsfromtherelevantgovernmentauthorities.
4.2PriortothesigningofthisAgreement,theTransferorshallprovidetheTransfereewithalegalopinionfromanindependentcounselqualifiedinChinaonthelegalityandvalidityofthefulfilmentoftheconditionsprecedent,andshallbearallthecostandexpenseforobtainingsuchlegalopinion.TheselectionofsuchindependentcounselshallbesubjecttotheapprovaloftheTransferee.Unlessithasgivenawaiverinwriting,theTransfereeshallbeentitlednottosignthisAgreementonthescheduledsigningdateifanyoftheconditionsprecedenthasnotbeenfulfilledpursuanttothetermshereof.
4.3ImmediatelyaftertheyhavesignedthisAgreement,theJVContractandtheArticles,theTransferorshallsubmitthisAgreementtotheStateAssetAuthorityforapprovalorregistrationasthecasemaybeandthepartiesshallmakeajointapplicationtotheInvestmentApprovalAuthorityforapprovaloftheOwnershipTransferandtheConversion.AftertheApprovalAuthoritieshavegrantedsuchapprovals,theCompanyshallpromptlyapplytotheRegistrationAuthorityfortheregistrationoftheJVCompanyandissuanceoftheBusinessLicence.TheTransfereeshallbeentitlednottoendorseanysuchapplicationifanyconditionprecedentpreviouslywaivedbyithasnotbeenfulfilledpriortothemakingoftheapplication.
4.4TransferorandtheCompanyshallprovidetheTransfereewithcopiesofallapplicationmaterialssubmittedtotheApprovalAuthoritiesandRegistrationAuthority,andshallkeeptheTransfereeinformedofanycommunication