Power and Capability of Company and Existing Shareholders Sample Clauses

Power and Capability of Company and Existing Shareholders. 1.1 Establishment and Power to Execute the Agreement The Company and each of the Existing Shareholders have legal rights, all powers and authorizations to execute and perform the Agreement. The Existing Shareholders will execute any other documents (“Associated Documents”) according to or in connection with the Agreement. Once executed, such document shall become an effective and binding obligation of the Existing Shareholders according to the terms thereof.
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