Common use of Exercise of Entrusted Rights Clause in Contracts

Exercise of Entrusted Rights. 2.1 The Target Shareholders agree that, in exercising the Entrusted Rights, the WFOE and/or the Designee is not required to seek the prior opinions of the Target Shareholders. The WFOE’s and/or the Designee’s reasonable and lawful exercise of the Entrusted Rights shall be deemed as actions of the Target Shareholders, and the reasonable and legal documents signed executed by the WFOE and/or the Designee shall also be deemed to have been executed by the Target Shareholders. Each Target Shareholder recognizes and acknowledges the consequences of the WFOE’s and/or the Designee’s reasonable and lawful exercise of the Entrusted Rights, and agrees to bear the corresponding legal responsibilities and consequences.

Exercise of Entrusted Rights. 2.1 The Target Shareholders agree Shareholder agrees that, in exercising the Entrusted Rights, the WFOE and/or the Designee is not required to seek the prior opinions of the Target ShareholdersShareholder. The WFOE’s and/or the Designee’s reasonable and lawful exercise of the Entrusted Rights shall be deemed as actions of the Target ShareholdersShareholder, and the reasonable and legal documents signed executed by the WFOE and/or ad/or the Designee shall also be deemed to have been executed by the Target ShareholdersShareholder. Each The Target Shareholder recognizes and acknowledges the consequences of the WFOE’s and/or the Designee’s reasonable and lawful exercise of the Entrusted Rights, and agrees to bear the corresponding legal responsibilities and consequences.