Common use of Appointment of Proxy Clause in Contracts

Appointment of Proxy. From Settlement until the Vendor Shares are registered in the name of the Purchaser, the Vendor must: (a) appoint the Purchaser as the sole proxy of the holders of the Vendor Shares to attend shareholders’ meetings and exercise the votes attaching to the Vendor Shares; (b) not attend and vote at any shareholders’ meetings; and (c) take all other actions in capacity of a registered holder of the Vendor Shares as the Purchaser directs.

Appointment of Proxy. From Settlement until the Vendor Company Shares are registered in the name of the Purchaser, the Vendor must: (a) appoint the Purchaser as the sole proxy of the holders of the Vendor Company Shares to attend shareholders’ meetings and exercise the votes attaching to the Vendor Company Shares; (b) not attend and vote at any shareholders’ meetings; and (c) take all other actions in capacity of a registered holder of the Vendor Company Shares as the Purchaser directs.