Common use of Revocation of Proxy Must Be Signed Clause in Contracts

Revocation of Proxy Must Be Signed. An instrument referred to in Article 12.13 must be signed as follows: 1. if the shareholder for whom the proxy holder is appointed is an individual, the instrument must be signed by the shareholder or his or her legal personal representative or trustee in bankruptcy; 2. if the shareholder for whom the proxy holder is appointed is a corporation, the instrument must be signed by the corporation or by a representative appointed for the corporation under Article 12.5.