Common use of Exercise of Proxy Rights Clause in Contracts

Exercise of Proxy Rights. 3.1. The Shareholders shall provide full assistance with respect to the exercise by the Proxy of the Proxy Rights, including, where necessary (e.g., in order to meet the document submission requirements in connection with governmental authority approval, registration and filing), executing the shareholders’ meeting resolutions adopted by the Proxy or other relevant legal documents. 3.2. If at any time during the term hereof, the grant or exercise of the Proxy Rights hereunder cannot be realized for any reason (other than a breach by the Shareholders or the Company), the Parties shall immediately seek an alternative scheme closest possible to the unrealizable provisions and shall, to the extent necessary, enter into a supplementary agreement to amend or modify the terms hereof so that the purpose of this Agreement may continue to be achieved.

Appears in 4 contracts

Samples: Proxy Agreement, Shareholders’ Voting Rights Proxy Agreement (Baozun Inc.), Proxy Agreement (Alibaba Group Holding LTD)

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Exercise of Proxy Rights. 3.1. 3.1 The Existing Shareholders shall provide full assistance with respect to the Proxy for its exercise by the Proxy of the Proxy Rights, including, where necessary (e.g., in order to meet the document submission requirements in connection with governmental authority approval, registration and filing), executing the shareholders’ meeting resolutions adopted by the Proxy or other relevant legal documentsdocuments in a timely manner. 3.2. 3.2 If at any time during the term hereof, the grant or exercise of the Proxy Rights hereunder cannot be realized for any reason (other than a breach by the Existing Shareholders or the Company), the Parties shall immediately seek an alternative scheme closest possible to the unrealizable provisions and shall, shall to the extent necessary, necessary enter into a supplementary agreement to amend or modify the terms hereof so such that the purpose of this Agreement may continue to be achieved.

Appears in 2 contracts

Samples: Shareholders’ Voting Rights Agreement (Jumei International Holding LTD), Shareholder Agreements (Jumei International Holding LTD)

Exercise of Proxy Rights. 3.1. 3.1 The Existing Shareholders shall provide full assistance with respect to the exercise by the Proxy of the Proxy Rights, including, where necessary (e.g., in order to meet the document submission requirements in connection with governmental authority approval, registration and filing), timely executing the shareholders’ meeting resolutions adopted by the Proxy or other relevant legal documents. 3.2. 3.2 If at any time during the term hereof, the grant or exercise of the Proxy Rights hereunder cannot be realized for any reason (other than a breach by the Existing Shareholders or the Domestic Company), the Parties shall immediately seek an alternative scheme closest possible to the unrealizable provisions and shall, to the extent when necessary, enter into a supplementary agreement to amend or modify the terms hereof so that the purpose of this Agreement may continue to be achieved.

Appears in 1 contract

Samples: Shareholder Agreements (Futu Holdings LTD)

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Exercise of Proxy Rights. 3.1. The Shareholders 3.1 Party B shall provide full assistance with respect to the exercise by the Proxy of the Proxy Rights, including, where necessary (e.g., in order to meet the document submission requirements in connection with governmental authority approval, registration and filing), timely executing the shareholders’ meeting resolutions adopted by the Proxy or other relevant legal documentsdocuments adopted by the Proxy. 3.2. 3.2 If at any time during the term hereof, the grant or exercise of the Proxy Rights hereunder cannot be realized for any reason (other than a breach by the Shareholders or the Company), the Parties shall immediately seek an alternative scheme closest possible to the unrealizable provisions and shall, to the extent when necessary, enter into a supplementary agreement to amend or modify the terms hereof so that the purpose of this Agreement may continue to be achieved.

Appears in 1 contract

Samples: Shareholders' Voting Rights Proxy Agreement (500.com LTD)

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