Common use of The Board of Directors Clause in Contracts

The Board of Directors. For purposes of this Agreement, an action or determination by "a majority of the Board of Directors" shall mean an action or determination taken in the good faith exercise of their discretion by more than half of the directors of the Company then in office, but (i) with Mr. Xxxxxxx xxxtaining from such vote and (ii) excluding Mr. Xxxxxxx xxxm the count of the total number of directors then in office.

The Board of Directors. For purposes of this Agreement, an action or determination by "a majority of the Board of Directors" shall mean an action or determination taken in the good faith exercise of their discretion by more than half of the directors of the Company then in office, but (i) with Mr. Xxxxxxx Xxxxxx xxxtaining from such vote and (ii) excluding Mr. Xxxxxxx Xxxxxx xxxm the count of the total number of directors then in office.

The Board of Directors. For purposes of this Agreement, an action or determination by "a majority of the Board of Directors" shall mean an action or determination taken and reduced to writing in the good faith exercise of their discretion by more than half of the directors of the Company then in office, but (i) with Mr. Xxxxxxx Xxxxxx xxxtaining from such vote and (ii) excluding Mr. Xxxxxxx Xxxxxx xxxm the count of the total number of directors then in office.