Common use of Parent Board of Directors Clause in Contracts

Parent Board of Directors. Effective at the Effective Time, Parent shall increase the size of its Board of Directors by adding three directorships and elect Mr. S. Jay Xxxxxxx xxx two other current directors of the Company to be mutually agreed by the Company and Parent.

Parent Board of Directors. Effective at At the Effective Time, the Board of Directors of Parent shall increase by three the size number of its directors on the Board of Directors by adding three directorships of Parent and shall thereupon elect Mr. S. Jay Xxxxxxx xxx as directors Xx. Xxxxxxxx and two other current persons who are currently non-management directors of the Company to be mutually agreed by the Company and ParentCompany.

Parent Board of Directors. Effective at Immediately after the Effective Time, Parent shall increase the size of its Board board of Directors by adding three directorships and elect Mr. S. Jay Xxxxxxx xxx directors in order to cause two other current directors members of the Company to Board, which directors will be mutually agreed upon by the Company and Parent, at the direction of the trustees of the voting trust created under the Parent Voting Trust Agreement, to be appointed to the Parent Board at such time.

Parent Board of Directors. Effective at the Effective Time, Parent shall increase have increased the size of its Board of Directors by adding three directorships and elect Mr. S. Jay appointed Xxxx Xxxxxxx xxx two other current directors to serve as a member of its Board of Directors effective as of the Company to be mutually agreed by the Company and ParentEffective Time.

Parent Board of Directors. Effective at the Effective Time, Parent shall increase the size of its Board of Directors by adding three directorships and elect Mr. S. Jay Xxx Xxxxxxx xxx and two other current directors of the Company to be mutually agreed by the Company and Parent.