Common use of Entrusted Operation Clause in Contracts

Entrusted Operation. Party A agrees to irrevocably entrust the right of operation management of Party A and the responsibilities and authorities of Party A’s shareholders and the Executive Director to Party B in accordance with the terms and conditions of this Agreement. Party B agrees to exercise the aforesaid rights and responsibilities in accordance with the terms and conditions of this Agreement.All the shareholders of Party Aissued Power of Attorney (“Power of Attorney”)to Party Bby on the same dayas this Agreement. Except that this Agreement terminates, the aforesaid entrustment shall be irrevocable.

Entrusted Operation. Party A agrees to irrevocably entrust the right of operation management of Party A and the responsibilities and authorities of Party A’s shareholders and the Executive Director to Party B in accordance with the terms and conditions of this Agreement. Party B agrees to exercise the aforesaid rights and responsibilities in accordance with the terms and conditions of this Agreement.. All the shareholders of Party Aissued A issued Power of Attorney (“Power of Attorney”)to Attorney”) to Party Bby B by on the same dayas day as this Agreement. Except that this Agreement terminates, the aforesaid entrustment shall be irrevocable.

Entrusted Operation. Party A agrees to irrevocably entrust the right of operation management of Party A and the responsibilities and authorities of Party A’s investor, shareholders and the Executive Director Board of Directors to Party B in accordance with the terms and conditions of this Agreement. Party B agrees to exercise the aforesaid rights and responsibilities in accordance with the terms and conditions of this Agreement.. All the shareholders of Party Aissued A issued Power of Attorney (“Power of Attorney”)to Attorney”) to Party Bby B by on the same dayas day as this Agreement. Except that this Agreement terminates, the aforesaid entrustment shall be irrevocable.

Entrusted Operation. Party A agrees to irrevocably entrust grants Party B the right of operation management to manage all operations of Party A and the responsibilities acknowledges that Party B will have all rights and authorities of Party A’s investor, shareholders and the Executive Director to Party B Board of Directors as more fully set forth in accordance with the terms and conditions of this Agreement. Party B agrees to exercise the aforesaid rights and responsibilities in accordance with the terms and conditions of this Agreement.All the shareholders . The sole shareholder of Party Aissued A has issued Power of Attorney (“Power of Attorney”)to Attorney”) to Party Bby B by on the same dayas day as this Agreement. Except that Unless and until this Agreement terminates, the aforesaid entrustment entrustments granted herein and in the Power of Attorney shall be irrevocable.