Voting Trust. The Seller hereby agrees to irrevocably appoint the Purchaser with the exclusive right to exercise, on his behalf, all of his voting rights of the Seller’s Shares in accordance with the relevant laws and Articles of Association of the BVI Company and the Shell Company; the Purchaser shall have right to vote on behalf of the Seller to vote for relevant issues including but not limited to selling or transferring all or any of his shares of the BVI Company and the Shell Company, and to appoint and elect the directors of the BVI Company, the Shell Company, the HK Company and the Company before all Seller’s Shares are transferred to the Purchaser. The Purchaser agrees to accept such authorization.
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Samples: Call Option Agreement (GC China Turbine Corp.), Call Option Agreement (GC China Turbine Corp.), Call Option Agreement (GC China Turbine Corp.)
Voting Trust. The Seller hereby agrees to irrevocably appoint the Purchaser with the exclusive right to exercise, on his behalf, all of his voting rights of the Seller’s Shares in accordance with the relevant laws and Articles of Association of the BVI Company and the Shell Company; the Purchaser shall have right to vote on behalf of the Seller to vote for relevant issues including but not limited to selling or transferring all or any of his shares of the BVI Company and the Shell Company, and to appoint and elect the directors of the BVI Company, the Shell Company, the HK Company and the Company before all Seller’s Shares are transferred to the Purchaser. The Purchaser agrees to accept such authorization.
3. ENCUMBRANCES; TRANSFERS, SET-OFF AND WITHHOLDINGS
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