Common use of Irrevocable Special Power of Attorney Clause in Contracts

Irrevocable Special Power of Attorney. Notwithstanding Pledgor’s obligation undertaken in Section Xxxx.Xxx above to execute in due course the relevant deed of creation of pledges and prohibitions as well as any other acts or agreements intended to identify the Future Shares pledged hereunder, Pledgor hereby grants a special and irrevocable power of attorney to Pledgee as broad as is legally required, which is accepted by its attorney-in-fact already identified in the recitals hereof, in order that Pledgee, acting in its name and behalf and immediately after the date on which such shares or securities are issued or acquired, as appropriate, and at its sole discretion, may execute and sign, in the name and on behalf of Pledgor, all relevant deeds of pledge and prohibitions and any other acts or agreements intended to identify the Future Shares pledged hereunder once issued, and to cause them to be registered with the relevant Register of Pledges without Conveyance and Register Book of Shareholders of the Company. In order to exercise the powers granted by this power of attorney and in accordance with the foregoing, Pledgee shall be granted broad powers to carry out any other acts that may be required to achieve this power of attorney, and shall be expressly empowered to self-contract. Under this irrevocable power of attorney, Pledgee may, also in the agreements to be entered into by it, grant a special power of attorney to one or more individuals in order that, any one of them acting individually, may exercise, with full judicial and extra-judicial powers, the rights granted by the security agreements to Pledgor or to any successors or assigns thereof. This special and irrevocable power of attorney may not be invoked by Pledgor as a ground to justify Pledgor’s breach of any of the obligations arising herefrom. Pledgor hereby expressly represents that the power of attorney hereby granted is irrevocable and coupled with an interest in compliance with the provisions set forth in Section 241 of the Commercial Code; because Pledgee is interested in the fulfillment thereof. Nine.Three.-

Irrevocable Special Power of Attorney. Notwithstanding Pledgor’s obligation undertaken in Section Xxxx.Xxx above Nine. One above, to execute subscribe in due course for the relevant deed of creation of pledges and prohibitions as well as any other acts or agreements intended to identify the Future Shares pledged hereunderprohibitions, Pledgor hereby grants a special and irrevocable power of attorney to Pledgee as broad as is legally required, which is accepted by its attorney-in-fact already identified in the recitals hereof, in order that Pledgee, . acting in its the name and behalf and immediately after of the date on which such shares or securities are issued or acquired, as appropriateCompany, and at its sole discretion, may grant and execute any relevant pledges and sign, in the name and prohibitions on behalf of Pledgorthe Pledgor in the same terms and conditions, all relevant deeds of pledge and prohibitions and any other acts or agreements intended to identify the Future Shares pledged hereunder once issuedmutatis mutandis, and as those set forth herein to cause them to be registered the registration thereof with the relevant Register of Pledges without Pledge Without Conveyance Registry and Register Book of Shareholders the Shareholders’ Registry of the Company. In order to exercise the powers granted by this power of attorney and in accordance with the foregoing, Pledgee shall be granted broad powers to carry out any other acts that may be required to achieve this power of attorney, and shall be expressly empowered to self-contract. Under this irrevocable power of attorney, Pledgee may, also in the agreements to be entered into by it, grant a special power of attorney to one or more individuals in order that, any one of them acting individually, may exercise, with full judicial and extra-judicial extrajudicial powers, the rights granted by the security agreements to Pledgor or to any successors or assigns thereof. This special and irrevocable power of attorney may not be invoked by Pledgor as a ground to justify Pledgor’s breach of any of the obligations arising herefrom. Pledgor hereby expressly represents that the power of attorney hereby granted is irrevocable and coupled with an interest in compliance with the provisions set forth in Section section 241 of the Commercial Code; because Pledgee is interested in the fulfillment thereofthereof.- Nine. NineThree.Three.-

Irrevocable Special Power of Attorney. Notwithstanding Pledgor’s obligation undertaken in Section Xxxx.Xxx above Nine. One above, to execute in due course the relevant deed deeds of amendment or of creation of pledges and prohibitions as well as any other acts or agreements intended to identify on the Future Shares pledged hereunderShares, Pledgor hereby grants a special and irrevocable power of attorney to Pledgee as broad as is legally required, which is accepted by its attorney-in-fact already identified in the recitals hereof, in order that Pledgee, acting in its name and behalf and immediately after the date on which such shares or securities are issued or acquired, as appropriate, and at its sole discretion, may execute and sign, in the name and on behalf of Pledgor, all relevant deeds of pledge and prohibitions and any other acts or agreements intended to identify the Future Shares pledged hereunder once issuedprohibitions, and to cause them to be registered with the relevant Register of Pledges without Conveyance and Register Book of Shareholders of the Company. In order to exercise the powers granted by this power of attorney and in accordance with the foregoing, Pledgee shall be granted broad powers to carry out any other acts that may be required to achieve this power of attorney, and shall be expressly empowered to self-contractcontract and even determine at its sole discretion, the amount of the Secured Obligation. Under this irrevocable power of attorney, Pledgee may, also in the agreements to be entered into by it, grant a special power of attorney to one or more individuals in order that, any one of them acting individually, may exercise, with full judicial and extra-judicial powers, the rights granted by the security agreements to Pledgor or to any successors or assigns thereof. This special and irrevocable power of attorney may not be invoked by Pledgor as a ground to justify Pledgor’s breach of any of the obligations arising herefrom. Pledgor hereby expressly represents that the power of attorney hereby granted is irrevocable and coupled with an interest in compliance with the provisions set forth in Section 241 of the Commercial Code; because Pledgee is interested in the fulfillment thereof. Nine.Three.-

Irrevocable Special Power of Attorney. Notwithstanding Pledgor’s obligation undertaken in Section Xxxx.Xxx above Nine. One above, to execute in due course the relevant deed deeds of amendment or of creation of pledges and prohibitions as well as any other acts or agreements intended to identify on the Future Shares pledged hereunderShares, Pledgor hereby grants a special and irrevocable power of attorney to Pledgee as broad as is legally required, which is accepted by its attorney-in-fact already identified in the recitals hereof, in order that Pledgee, acting in its name and behalf and immediately after the date on which such shares or securities are issued or acquired, as appropriate, and at its sole discretion, may execute and sign, in the name and on behalf of Pledgor, all relevant deeds of pledge and prohibitions and any other acts or agreements intended to identify the Future Shares pledged hereunder once issuedprohibitions, and to cause them to be registered with the relevant Register of Pledges without Conveyance and Register Book of Shareholders of the Company. In order to exercise the powers granted by this power of attorney and in accordance with the foregoing, Pledgee shall be granted broad powers to carry out any other acts that may be required to achieve this power of attorney, and shall be expressly empowered to self-contractcontract and even determine at its sole discretion, the amount of the Secured Obligation. Under this irrevocable power of attorney, Pledgee may, also in the agreements to be entered into by it, grant a special power of attorney to one or more individuals in order that, any one of them acting individually, may exercise, with full judicial and extra-judicial powers, the rights granted by the security agreements to Pledgor or to any successors or assigns thereof. This special and irrevocable power of attorney may not be invoked by Pledgor as a ground to justify Pledgor’s breach of any of the obligations arising herefrom. Pledgor hereby expressly represents that the power of attorney hereby granted is irrevocable and coupled with an interest in compliance with the provisions set forth in Section 241 of the Commercial Code; because Pledgee is interested in the fulfillment thereof. Nine.Three.-hereby

Irrevocable Special Power of Attorney. Notwithstanding Pledgor’s Pledgors’ obligation expressly undertaken in Section Xxxx.Xxx above Nine. One above, to execute in due course the relevant deed of creation of pledges and prohibitions as well as any other acts or agreements intended to identify the Future Shares pledged hereunderhereunder on a when-issued basis, Pledgor Pledgors hereby grants grant a special and irrevocable power of attorney to Pledgee as broad as is legally required, which is accepted by its attorney-in-fact already identified in the recitals hereof, in order that Pledgee, acting in its name and behalf behalf, and may grant and execute any immediately after the date on which such shares or securities are issued or acquired, as appropriate, and at its sole discretion, may execute and sign, in the name and on behalf of Pledgor, Pledgors all relevant deeds of pledge and prohibitions and any other acts or agreements intended to identify the Future Shares pledged hereunder once issued, and to cause them to be registered with the relevant Register of Pledges without Conveyance and Register Book of Shareholders of the Company. In order to exercise the powers granted by this power of attorney and in accordance with the foregoing, Pledgee shall be granted broad powers to carry out any other acts that may be required to achieve this power of attorney, and shall be expressly empowered to self-contract. Under this irrevocable power of attorney, Pledgee may, also in the agreements to be entered into by it, grant a special power of attorney to one or more individuals in order that, any one of them acting individually, may exercise, with full judicial and extra-judicial powers, the rights granted by the security agreements to Pledgor Pledgors or to any successors or assigns thereof. This special and irrevocable power of attorney may not be invoked alleged by Pledgor Pledgors as a ground grounds to justify Pledgor’s Pledgors’ breach of any of the obligations arising herefrom. Pledgor Pledgors hereby expressly represents represent that the power of attorney hereby granted is irrevocable and coupled with an interest in compliance with the provisions set forth in Section 241 of the Commercial Code; because Pledgee is interested in the fulfillment thereof. Nine.Three.-