Common use of Matter and Limits of Authorization Clause in Contracts

Matter and Limits of Authorization. Trustor hereby irrevocably authorizes Trustee or its designated person (such as director or successor or liquidator of Trustee) to solely exercise shareholder voting right of Trustor to Party C under the law and Memorandum and Articles of Association of Party C as representative, including, without limitation: a. Convene, convoke and attend shareholders’ meeting of Party C as representative of Trustor; b. Submit proposal to Party C Board of shareholders as representative of Trustor; c. Vote on matters to be deliberated at the shareholders’ meeting of Party C (including, without limitation, elect or remove directors, supervisors, etc.); d. Sign on minutes of Party C shareholders’ meeting; e. Exercise other voting rights of shareholders under Memorandum and Articles of Association of Party C; f. Submit relevant documents to industrial and commercial registration offices and other government authorities concerned in order to performance or guarantee this contract as representative of Trustor (shareholder); g. Sign Share Transfer Agreement or other relevant documents, deal with official documents, registration, records or other procedures in order to enable share transfer under Exclusive Purchase Agreement take effect.