Exhibit 10.6
Amendment to Shareholders Voting Proxy Agreement
This Amendment to Shareholders Voting Proxy Agreement (the “Agreement”) is entered into in Guangzhou as of November 30th, 2018 by and among the following parties:
(1) Huazhi Hu and Yifang Xiong (“Entrusting Party” or “Party A”)
(2) EHang Intelligent Equipment (Guangzhou) Co., Ltd with address: No. 31 Room 401, No. 680 Guangxin Road, Huangpu District, Guangzhou, PRC (“WFOE” or “Party B”); and
(3) Guangzhou EHang Intelligent Technology Co., Ltd with address: Room 402 (only for office use), 4th floor, Auxiliary Building No. 11, Aoti Road, Tianhe District, Guangzhou, PRC (the “Target Company” or “Party C”).
WHEREAS
The Shareholders Voting Proxy Agreement (“Voting Rights Agreement”) was entered into as of January 29th, 2016 by and among Party A, Party B and Party C;
The Parties hereby agree to amend the Voting Rights Agreement through mutual negotiation and consent as follows:
1. | The Parties hereby amend Article 1.1 of the Voting Rights Agreement as follows: |
“1.1 The Entrusting Party hereby irrevocably covenants that, he/she shall execute a Power of Attorney set forth in Exhibit One of the Agreement upon the execution of the Agreement, and entrusting Party B or any of Party B’s designees (the “Designee”) to exercise all his or her rights as the shareholders of Party C under the then effective articles of association of Party C, including but not limited to (collectively the “Entrusted Rights”):
| (a) | attend shareholders’ meeting of the Target Company as the agent and attorney of the Entrusting Party; |
| (b) | exercising all shareholders’ voting rights and other rights pursuant to the applicable laws and the articles of association of the Target Company, including but not limited to sell, transfer, pledge or dispose of all or any part of equity interest of the company; |
| (c) | designate and appoint the legal representative (Chairperson), director, supervisor, general manager and other senior management members of Party C as the agent and attorney of Entrusting Party and represent Entrusting Party to vote the matters to be discussed or resolved in shareholders meeting, including without limitation, the designation and election of director, general manager and other senior manager who shall be appointed or removed by the shareholders; and |
| (d) | exercise other voting rights the shareholders are entitled to pursuant to the articles of association of the Target Company amended from time to time. |
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