Common use of EXERCISE VOTING RIGHT Clause in Contracts

EXERCISE VOTING RIGHT. 2.1 The Grantor shall execute any relevant shareholder’s resolution of the Domestic Company or any other similar documents on the request of the WFOE in connection with any event which authorized the WFOE to approve by exercising the voting right. 2.2 Grantor hereby acknowledges that, the WFOE has the right to grant any right hereunder to any third Party as representative without the consent of Grantor subject to notify this event to Grantor immediately. 2.3 The WFOE shall notify to the Grantor for the exercising of voting right at any appropriate time, and shall report the Grantor the consequence on exercising of voting rights at the time the Agreement is terminated. 2.4 The WFOE may assign or transfer any or all of its voting rights to any third Party without the consent of Grantor subject to delivering a written notice to the Grantor for the assignment.