Hollys F&B Co., Ltd., a corporation incorporated under the laws of Republic of Korea, with its registered office at 478 Gangnam-daero, Jewoo Building 4th Floor, Gangnam-gu, Seoul, Korea (hereinafter referred as “Principal”) does hereby make, constitute, and appoint M Consumer and Retail Corporation (MCRC) whose address is Level 4, Tower A, Sky City Tower, 88 Lang Ha St, Lang Ha Ward, Dong Da District, Hanoi, Vietnam and TAX CODE 0106250183 (hereinafter referred as “Proxy Holder”) to be its true and lawful attorney-in-fact with full power and authority to act independently, as herein described, in the name of the Principal, in respect of the registration of franchise license to the Vietnamese Ministry of Industry and Trade (hereinafter referred as “MOIT”):
(a) on behalf of the Principal to process and submit all the document required by the MOIT.
Giving and granting unto its said Proxy Holder full power and authority to do and perform each and every act and thing whatsoever requisite, necessary and proper to be done in the performance of the above to all intents and purposes as it might or could do if it was acting for itself with full power of substitution and revocation, the Principal hereby ratify and confirm all that its said Proxy Holder or its substitute shall lawfully do or cause to be done by virtue of this document until the date falling on 1 (one) month from the date of this power of attorney, unless revoked by the undersigned Principal earlier by written instrument.
IN WITNESS WHEREOF, the Principal has caused his name to be subscribed hereto by himself this 23rd day of October 2014.
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