Power of Attorney and Proxy. Reference is hereby made to that certain Joint Venture Agreement dated September 23, 2016, by and between Guangzhou Sino-Israel Bio-Industry Investment Fund (LLP) (“GBIF”), Invasix Ltd. (“Invasix”) and Guangzhou InMode Medical Technology Ltd. (the “Company”, and the “JV Agreement”, respectively). Capitalized terms not otherwise defined herein shall have the meaning ascribed to such terms under the JV Agreement. I, the undersigned, serving as a director on behalf of Invasix in the Board of Directors of the Company (“Board”), hereby grant an irrevocable power of attorney and a proxy to each of the directors appointed by GBIF to the Board of the Company (“GBIF Directors”), such that in my abscense at any Second Adjorned Meeting of the Board of the Company, any one of GIBF Directors may participate and vote instead of me, in accordance with Section 24.3.5 of the JV Agreement. This Irrevocable Power of Attorney and Proxy shall become effective at the Closing Date and shall continue to be effective until the termination of the JV Agreement. Except as set forth herein, this undertaking may not be revoked, terminated or otherwise canceled. Name of director: Mxxxx Xxxxxxx Signature of director: /s/ Mxxxx Xxxxxxx Date: January 11, 2017
Appears in 2 contracts
Samples: Equity Joint Venture Agreement (InMode Ltd.), Equity Joint Venture Agreement (InMode Ltd.)
Power of Attorney and Proxy. Reference is hereby made to that certain Joint Venture Agreement dated September 23, 2016, by and between Guangzhou Sino-Israel Bio-Industry Investment Fund (LLP) (“GBIF”), Invasix Ltd. (“Invasix”) and Guangzhou InMode Medical Technology Ltd. (the “Company”, and the “JV Agreement”, respectively). Capitalized terms not otherwise defined herein shall have the meaning ascribed to such terms under the JV Agreement. I, the undersigned, serving as a director on behalf of Invasix in the Board of Directors of the Company (“Board”), hereby grant an irrevocable power of attorney and a proxy to each of the directors appointed by GBIF to the Board of the Company (“GBIF Directors”), such that in my abscense at any Second Adjorned Meeting of the Board of the Company, any one of GIBF Directors may participate and vote instead of me, in accordance with Section 24.3.5 of the JV Agreement. Agreement This Irrevocable Power of Attorney and Proxy shall become effective at the Closing Date and shall continue to be effective until the termination of the JV Agreement. Except as set forth herein, this undertaking may not be revoked, terminated or otherwise canceled. Name of director: Mxxxx Xxxxxxx Axxx Xxxxx Signature of director: /s/ Mxxxx Xxxxxxx Axxx Xxxxx Date: January 11, 20172017 To: Guangzhou Sino-Israel Bio-Industry Investment Fund (LLP) Unit 203, 2/F No.6 of Luoxuansan Road, International Bio-island
Appears in 2 contracts
Samples: Equity Joint Venture Agreement (InMode Ltd.), Equity Joint Venture Agreement (InMode Ltd.)
Power of Attorney and Proxy. Reference is hereby made to that certain Joint Venture Agreement dated September 23, 2016, by and between Guangzhou Sino-Israel Bio-Industry Investment Fund (LLP) (“GBIF”), Invasix Ltd. (“Invasix”) and Guangzhou InMode Medical Technology Ltd. (the “Company”, and the “JV Agreement”, respectively). Capitalized terms not otherwise defined herein shall have the meaning ascribed to such terms under the JV Agreement. I, the undersigned, serving as a director on behalf of Invasix in the Board of Directors of the Company (“Board”), hereby grant an irrevocable power of attorney and a proxy to each of the directors appointed by GBIF to the Board of the Company (“GBIF Directors”), such that in my abscense at any Second Adjorned Meeting of the Board of the Company, any one of GIBF Directors may participate and vote instead of me, in accordance with Section 24.3.5 of the JV Agreement. This Irrevocable Power of Attorney and Proxy shall become effective at the Closing Date and shall continue to be effective until the termination of the JV Agreement. Except as set forth herein, this undertaking may not be revoked, terminated or otherwise canceled. Name of director: Mxxxx Xxxxxxx Rxxxxx Xxxxxxxxx Signature of director: /s/ Mxxxx Xxxxxxx Rxxxxx Xxxxxxxxx Date: January 11, 20172017 To: Guangzhou Sino-Israel Bio-Industry Investment Fund (LLP) Unit 203, 2/F No.6 of Luoxuansan Road, International Bio-island
Appears in 2 contracts
Samples: Equity Joint Venture Agreement (InMode Ltd.), Equity Joint Venture Agreement (InMode Ltd.)
Power of Attorney and Proxy. Reference is hereby made to that certain Joint Venture Agreement dated September 23[__], 2016, by and between Guangzhou Sino-Israel Bio-Industry Investment Fund (LLP) (“GBIF”), Invasix Ltd. (“Invasix”) and Guangzhou InMode Medical Technology Ltd. (the “Company”, and the “JV Agreement”, respectively). Capitalized terms not otherwise defined herein shall have the meaning ascribed to such terms under the JV Agreement. I, the undersigned, serving as a director on behalf of Invasix GBIF in the Board of Directors of the Company (“Board”), hereby grant an irrevocable power of attorney and a proxy to : (i) each of the directors appointed by GBIF to the Board of the Company (“GBIF Directors”) that is present at a given Second Adjourned Meeting; or (ii) if none of the GBIF Directors is present at a given Second Adjourned Meeting, to each of the directors appointed by Invasix to the Board of the Company (“Invasix Directors”), such that in my abscense at any Second Adjorned Adjourned Meeting of the Board of the Company, any one of GIBF the GBIF Directors or Invasix Directors, as the case may be pursuant to the above, may participate and vote instead of me, in accordance with Section 24.3.5 of the JV Agreement. This Irrevocable Power of Attorney and Proxy shall become effective at the Closing Date and shall continue to be effective until the termination of the JV Agreement. Except as set forth herein, this undertaking may not be revoked, terminated or otherwise canceled. Name of director: Mxxxx Xxxxxxx Signature of director: /s/ Mxxxx Xxxxxxx Date: January 11, 20172017 Execution Copy
Appears in 2 contracts
Samples: Equity Joint Venture Agreement (InMode Ltd.), Equity Joint Venture Agreement (InMode Ltd.)