Common use of Exercise of Entrusted Rights Clause in Contracts

Exercise of Entrusted Rights. 3.1 The Company shall en-entrust the special inner staff(s) of its company to exercise any or all Entrusted Rights within the scope of Article 1, Shareholder shall acknowledges and assumes relevant legal liabilities. 3.2 The Shareholder will provide adequate assistance to the exercise of the Entrusted Rights by the Company, including execution of the resolutions of the shareholders’ meeting of SH MSN or other pertinent legal documents made by the Company when necessary (e.g., when it is necessary for examination and approval of or registration or filing with governmental departments). 3.3 If at any time during the term of this Agreement, the entrustment or exercise of the Entrusted Rights under this Agreement is unenforceable for any reason except for default of the Shareholder or SH MSN, the Parties shall immediately seek a most similar substitute for the unenforceable provision and, if necessary, enter into supplementary agreement to amend or adjust the provisions herein, in order to ensure the realization of the purpose of this Agreement.

Exercise of Entrusted Rights. 3.1 The Company shall en-entrust the special inner staff(s) of its company to exercise any or all Entrusted Rights within the scope of Article 1, Shareholder shall acknowledges and assumes relevant legal liabilities. 3.2 The Shareholder will provide adequate assistance to the exercise of the Entrusted Rights by the Company, including execution of the resolutions of the shareholders’ meeting of SH MSN Quanshi or other pertinent legal documents made by the Company when necessary (e.g., when it is necessary for examination and approval of or registration or filing with governmental departments). 3.3 If at any time during the term of this Agreement, the entrustment or exercise of the Entrusted Rights under this Agreement is unenforceable for any reason except for default of the Shareholder or SH MSNQuanshi, the Parties shall immediately seek a most similar substitute for the unenforceable provision and, if necessary, enter into supplementary agreement to amend or adjust the provisions herein, in order to ensure the realization of the purpose of this Agreement.

Exercise of Entrusted Rights. 3.1 The Company shall en-entrust the special inner staff(s) of its company to exercise any or all Entrusted Rights within the scope of Article 1, Shareholder shall acknowledges and assumes relevant legal liabilities. 3.2 The Shareholder will provide adequate assistance to the exercise of the Entrusted Rights by the Company, including execution of the resolutions of the shareholders’ meeting of SH MSN Kuantong or other pertinent legal documents made by the Company when necessary (e.g., when it is necessary for examination and approval of or registration or filing with governmental departments). 3.3 If at any time during the term of this Agreement, the entrustment or exercise of the Entrusted Rights under this Agreement is unenforceable for any reason except for default of the Shareholder or SH MSNKuantong, the Parties shall immediately seek a most similar substitute for the unenforceable provision and, if necessary, enter into supplementary agreement to amend or adjust the provisions herein, in order to ensure the realization of the purpose of this Agreement.

Exercise of Entrusted Rights. 3.1 The Company shall en-entrust the special inner staff(s) of its company to exercise any or all Entrusted Rights within the scope of Article 1, Shareholder shall acknowledges and assumes relevant legal liabilities. 3.2 The Shareholder will provide adequate assistance to the exercise of the Entrusted Rights by the Company, including execution of the resolutions of the shareholders’ meeting of SH MSN Baifen Creation or other pertinent legal documents made by the Company when necessary (e.g., when it is necessary for examination and approval of or registration or filing with governmental departments). 3.3 If at any time during the term of this Agreement, the entrustment or exercise of the Entrusted Rights under this Agreement is unenforceable for any reason except for default of the Shareholder or SH MSNBaifen Creation, the Parties shall immediately seek a most similar substitute for the unenforceable provision and, if necessary, enter into supplementary agreement to amend or adjust the provisions herein, in order to ensure the realization of the purpose of this Agreement.

Exercise of Entrusted Rights. 3.1 The Company shall en-entrust the special inner staff(s) of its company to exercise any or all Entrusted Rights within the scope of Article 1, Shareholder shall acknowledges and assumes relevant legal liabilities. 3.2 The Shareholder will provide adequate assistance to the exercise of the Entrusted Rights by the Company, including execution of the resolutions of the shareholders’ meeting of SH MSN Allyes or other pertinent legal documents made by the Company when necessary (e.g., when it is necessary for examination and approval of or registration or filing with governmental departments). 3.3 If at any time during the term of this Agreement, the entrustment or exercise of the Entrusted Rights under this Agreement is unenforceable for any reason except for default of the Shareholder or SH MSNAllyes, the Parties shall immediately seek a most similar substitute for the unenforceable provision and, if necessary, enter into supplementary agreement to amend or adjust the provisions herein, in order to ensure the realization of the purpose of this Agreement.

Exercise of Entrusted Rights. 3.1 The Company shall en-entrust the special inner staff(s) of its company to exercise any or all Entrusted Rights within the scope of Article 1, Shareholder shall acknowledges and assumes relevant legal liabilities. 3.2 The Shareholder will provide adequate assistance to the exercise of the Entrusted Rights by the Company, including execution of the resolutions of the shareholders’ meeting of SH MSN Huxin or other pertinent legal documents made by the Company when necessary (e.g., when it is necessary for examination and approval of or registration or filing with governmental departments). 3.3 If at any time during the term of this Agreement, the entrustment or exercise of the Entrusted Rights under this Agreement is unenforceable for any reason except for default of the Shareholder or SH MSNHuxin, the Parties shall immediately seek a most similar substitute for the unenforceable provision and, if necessary, enter into supplementary agreement to amend or adjust the provisions herein, in order to ensure the realization of the purpose of this Agreement.