Article 5. Commitment of Party A<br>Party A promises:<br>a) The first party has legal ownership of the transferred shares as stipulated in Article 1 of this agreement, and the first party has completed all necessary legal procedures for the transfer of its shares;<br>b) The shares of Party A have been officially registered, fully paid to Party B, and are allowed to be transferred.<br>c) The first party shall adopt procedures to notify the second party of shareholder changes after confirming the wire transfer payment or after the cash payment is used up.<br>d) If the payment term expires and Party A refuses to transfer the shares, Party B will receive a bank deposit, and Party A shall pay Party B an amount equivalent to the value of the deposit assets.
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