Common use of Board of Directors of the Company Clause in Contracts

Board of Directors of the Company. (a) The Company's Board of Directors shall be initially composed of eleven members. Xxxxxx shall be entitled, but not required, to designate six members (the "Xxxxxx Nominees") of the Board of Directors. Lockheed Xxxxxx shall be entitled, but not required, to designate three members (the "Lockheed Xxxxxx Nominees") of the Board of Directors. In addition, each of Xxxxx and XxXxxxx shall be entitled, but not required, to designate themselves as members of the Board of Directors for so long as they are employees of the Company or

Appears in 4 contracts

Samples: Stockholders Agreement (L 3 Communications Corp), Stockholders Agreement (Southern California Microwave Inc), Stockholders Agreement (Southern California Microwave Inc)

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