Common use of Power of Appointment Clause in Contracts

Power of Appointment. During the term of this Agreement, Roff has the power to appoint another shareholder of the Company with ▇▇▇ authority to exercise the voting rights granted under this Agreement. Such power of appointment may be limited as to time, a specific meeting, a specific issue or may be unlimited or permanent, as Roff determines in his sole discretion. The Shareholder agrees that he ▇▇▇ll not be entitled to notice of any exercise of the above power of appointment.