【正文】
the price of ******* Yuan.PAGE2. Party B agrees to pay Party A the price of transferred equity in** times after the this Agreement goes into effect:Before dd/mm/yy **% of the Price of transferred equity shall be paid, . **** Yuan.Before dd/mm/yy, the balance of **% of the Price of transferred equity shall be paid, ., ****Yuan.[_]. The Rights and Obligations of Both Parties After the Transfer:1. The Company shall be run solely by Party B. Party B enjoys theshareholder39。s rights and bears the shareholder39。s obligations,while Party A will no longer participate in the running of theCompany, nor enjoy the shareholder39。s rights.2. The Company39。s all property, creditor39。s rights and debts shallbe undertaken by Party B, thus they have nothing to do withParty A.3. All the contracts entered into in the name of the Company shallcontinue to be effective。 Party B shall make no rescission ofthese contracts for any reasons unless Party B may rescind thecontracts upon the agreement thereon of both parties concerned.4. Party A shall cooperate with Party B to plete all thetransfer procedures。 where special circumstances make itimpossible to transfer, Party A shall promptly refund all theprice of transfer to Party B.[_] DefaultBoth Party A and Party B shall perform this agreement after it goes into effect。where either party breaches the agreement, the defaulting party shall bear thecorresponding liabilities for breach of contract.[_]. Guarantee1. Party A guarantees that the equity transferred to Party B inaccordance with the stipulations hereof are held legally byParty A in the Company and that Party A has pletely effectiveright to dispose of the said equity and that no third partyshall make claims thereof to Party B.2. Party A guarantees that the approval has been obtained from thepetent authority and valid authorization has been acquiredaccording to the relevant provisions of laws and regulati