Common use of Exercise of Entrusted Rights Clause in Contracts

Exercise of Entrusted Rights. 2.1 The Target 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 Shareholder. The WFOE’s and/or the Designee’s exercise of the Entrusted Rights shall be deemed as actions of the Target Shareholder, and the documents signed executed by the WFOE ad/or the Designee shall also be deemed to have been executed by the Target Shareholder. The Target Shareholder recognizes and acknowledges the consequences of the WFOE’s and/or the Designee’s exercise of the Entrusted Rights, and agrees to bear the corresponding legal responsibilities and consequences.

Exercise of Entrusted Rights. 2.1 The Target Shareholder agrees 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 ShareholderShareholders. The WFOE’s and/or the Designee’s reasonable and lawful exercise of the Entrusted Rights shall be deemed as actions of the Target ShareholderShareholders, and the reasonable and legal documents signed executed by the WFOE ad/or and/or the Designee shall also be deemed to have been executed by the Target ShareholderShareholders. The 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.