Alternate Exercise Price

Alternate Exercise Price. Means an exercise price of RMB 200 per share to be paid by the Transferee or his nominee to the Transferor in respect of the Option Shares issued to the Transferee or his nominee in the event that the Performance Targets (as defined herein) have not been met by the Group;

Alternate Exercise Price. Means a price equal to (x) if the applicable Average VWAP Price is less than $1.00, that price computed as 85% of the applicable Average VWAP Price and (y) otherwise, that price computed as 90% of the applicable Average VWAP Price. All such determinations to be appropriately adjusted for any stock dividend, stock split, stock combination, reclassification or similar transaction that proportionately decreases or increases the Common Stock during such Alternate Exercise Price Measuring Period... (although for the avoidance of doubt, the reference to $1.00 shall not be so adjusted). View More

Alternate Exercise Price. The exercise price to be paid by a Transferee to the Transferor in respect of the Option Shares issued to such Transferee as set forth opposite his/her name in Schedule A in the event that the Performance Targets (as defined herein) have not been met by the Group;