Common use of Shareholders’ Right Entrustment Clause in Contracts

Shareholders’ Right Entrustment. 1.1 The Target Shareholder hereby irrevocably and unconditionally entrusts the WFOE and/or the Designee to exercise its voting rights and all other shareholders’ rights in respect of its equity in the Target (collectively the “Entrusted Rights”) during the term of this Agreement to the extent permitted by PRC Laws (including any laws, regulations, rules, notices, interpretations or other binding documents promulgated by any central or local legislative, administrative or judicial authority before or after the effectiveness of this Agreement, hereinafter referred to as “PRC Laws”) and the Articles of Association, including but not limited to:

Shareholders’ Right Entrustment. 1.1 The Target Shareholder Shareholders hereby irrevocably and unconditionally entrusts entrust the WFOE and/or the Designee to exercise its their voting rights and all other shareholders’ rights in respect of its their respective equity in the Target (collectively the “Entrusted Rights”) during the term of this Agreement to the extent permitted by PRC Laws (including any laws, regulations, rules, notices, interpretations or other binding documents promulgated by any central or local legislative, administrative or judicial authority before or after the effectiveness of this Agreement, hereinafter referred to as “PRC Laws”) and the Articles of Association, including but not limited to: