Admittedly, Part A holds 31.5% of the equity of Heilongjiang Huimeijia Pharmaceuticals Co., Ltd. (the so-called “company”) and has decided to transfer all 31.5% of the equity and that the company`s shareholders` meetings have accepted the sale. 5.6 The rights, benefits, commitments and responsibilities contained in the terms of this share transfer agreement may be transferred by any contracting party with the prior written agreement of the other party. 7. Shareholder rights. Subject to certain provisions of this agreement, the founder (or rightful person) has all the rights of a shareholder (including voting and dividend rights) over the shares, including shares held in trust, until the company actually exercises its repurchase rights under that agreement. 5.13 In the event that a clause (or part of a clause) is found to be unlawful or invalidated by a competent court or other legal authority, this has only the effect of nullity and absence of that clause (or part of a clause) and will not invalidate that share transfer contract entirely. 3.2. The right of the company to buy in the event of an involuntary transfer. In the event that, on any date after the date of this agreement, any transfer by law or other involuntary transfer (including divorce or death, but, in the event of death, a transfer to the direct family referred to in Section 3, point b) vi), by the record holder, is authorized to acquire all shares with a higher share of the purchase price paid by the founder under this fair value of the shares. The date of the transfer (as defined by the company`s board of directors) has been postponed.
In the case of such a transfer, the person who acquires the shares must inform the company`s secretary without delay. The right to acquire these shares is granted to the company for a period of thirty (30) days from the receipt of written notification by the person acquiring the shares. 5.14 This share transfer contract can be executed either as an original or in addition to a pendant. 3.1. Right of first refusal. Before the shares held by the founder or a partner of the founder (sometimes referred to as “holders”) are sold or otherwise transferred (including transfer by gift or transfer of rights), the company or its transfers have the right to refuse the initial acquisition of the shares under the terms of this section 3.1 (the “right of first refusal”).