Common use of HK Subsidiary and PRC Companies Clause in Contracts

HK Subsidiary and PRC Companies. All directors of the Group Companies (other than the Company) shall be appointed and removed pursuant to decision and action of the Board. The parties hereto shall cause the directors so appointed to vote in the manner determined by the Board and shall cause any director who fails to vote in such manner to be removed. The parties hereto shall take all steps as are necessary to cause the provisions with respect to the governance of the Company to apply mutatis mutandis to the governance of each of the other Group Companies to the extent permitted under its respectively applicable laws.

Appears in 4 contracts

Samples: Shareholder Agreement, Shareholder Agreement (111, Inc.), Shareholder Agreement (111, Inc.)

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