股权投资基金作为近年来兴起的热门投资方式,在资本市场扮演着越来越重要的作用。作为股权投资基金经常使用的防范投资风险手段,对赌条款却因具体对赌内容以及交易结构安排的不同而效力不一。我国的一些司法判决对于“对赌条款”的法律效力进行了一定程度的确认,对于实践中股权投资具有重要指导作用。故而研究我国股权投资领域“对赌条款”交易结构及相关法律问题具有重要意义。 Equity investment funds, as a popular investment mode in recent years, play an increasingly important role in the capital market. As a frequently used means of preventing investment risks of equity investment funds, the terms of gambling vary with different details of the gambling contents and the structure of the transaction. Some judiciary judgments in our country have confirmed the legal effect of “gambling clauses ” to a certain extent, which plays an important guiding role in the practice of equity investment. Therefore, it is of great significance to study the field of equity investment in China “gambling terms ” transaction structure and related legal issues.