Power of Attorney between Guotong Chen and China Education Schools Co., Ltd. dated November 25, 2010
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Summary
This Power of Attorney is an agreement in which Guotong Chen authorizes China Education Schools Co., Ltd. to act on his behalf regarding all shareholder voting rights in The Company, Ltd. The authorization allows the company to propose, attend, and vote at shareholder meetings as if it were Guotong Chen. The agreement is effective from November 25, 2010, and remains in force indefinitely unless Guotong Chen terminates it in writing.
EX-10.7 7 exh10-7.htm POWER OF ATTORNEY DATED NOVEMBER 25, 2010 BETWEEN CHINA EDUCATION SCHOOLS CO., LTD AND GUOTONG CHEN. exh10-7.htm
Exhibit 10.7
[This document has been translated from Chinese to English]
Power of Attorney
Shareholder: Guotong Chen
Attorney-in-fact: Party A, China Education Schools Co., Ltd. (“Party A”)
I, Guotong Chen, a Chinese citizen, hereby irrevocably authorize Party A to exercise for and on behalf of me all voting rights that I have as a shareholder of The Company, Ltd. during the term of this Power of Attorney, including without limitation, proposing to convene a shareholders’ meeting, attending a shareholders’ meeting and exercising the voting rights at a shareholders’ meeting.
Unless this Power of Attorney is expressly terminated by me in writing, this Power of Attorney shall be effective from November 25, 2010 for an indefinite period of time.
By: | /s/Guotong Chen | |
Date: | November 25, 2010 |