For the consideration specified in this Pledge, the Pledgor hereby irrevocably appoints the Bank or any of its directors or officers to be the Pledgor’s true and lawful attorney (with full power of substitution) (each an “Attorney” and collectively, the “Attorneys”) for or in the Pledgor’s name or otherwise in the name of the Attorney to do and execute any act, deed, instrument or document as and when the Bank shall think fit in relation to all or any of the Shares provided always that rights of the Attorney contained in this Clause shall only be exercisable by the Attorney upon the occurrence of an Event of Default.