Common use of Adherence Agreement Clause in Contracts

Adherence Agreement. Any Shareholder Transferring Ordinary Shares of the Company shall procure that the transferee shall execute and deliver to the Company an Adherence Agreement substantially in the form and substance attached hereto as Schedule A, thereby assuming the rights and obligations of such Shareholder under this Agreement. Upon the execution and delivery of an Adherence Agreement by any transferee, such transferee shall be deemed to be a Shareholder hereunder. By their execution hereof, each of the Parties appoints the Company as its attorney-in-fact for the limited purpose of executing any Adherence Agreement which may be required to be delivered pursuant to this Section 15.5(b).

Appears in 4 contracts

Samples: Shareholders Agreement (Continental Minerals Corp), Shareholders Agreement (Continental Minerals Corp), Shareholders Agreement (China Nettv Holdings Inc)

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Adherence Agreement. Any Shareholder Transferring Ordinary For any transfer of Shares of the Company shall procure that to be deemed effective, the transferee shall execute assume the obligations of the transferor under this Agreement by executing and deliver delivering to the Company an Adherence Agreement substantially in the form and substance attached hereto as Schedule A, thereby assuming the rights and obligations of such Shareholder under this Agreement. Exhibit A. Upon the execution and delivery of an Adherence Agreement by any transferee, such transferee shall be deemed to be a Ordinary Shareholder hereunderor Investor, as appropriate. By their execution hereof, each of the Parties parties hereto appoints the Company as its attorney-in-fact for the limited purpose of executing any Adherence Agreement which may be required to be delivered pursuant to this Section 15.5(b).15B.

Appears in 1 contract

Samples: Shareholders’ Agreement (Cgen Digital Media Co LTD)

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