Appointment of Alternate Directors. Any director (an “appointor”) may by notice in writing received by the Company appoint any person (or “appointee”) who is qualified to act as a director to be his or her alternate to act in his or her place at meetings of the directors or committees of the directors at which the appointing director is not present unless (in the case of an appointee who is not a director) the directors have reasonably disapproved the appointment of such person as an alternate director and have given notice to that effect to the appointor within a reasonable time after the delivery of the notice of appointment received by the Company.
Appears in 2 contracts
Samples: Business Combination Agreement (Acreage Holdings, Inc.), Business Combination Agreement
Appointment of Alternate Directors. Any director (an “"appointor”") may by notice in writing received by the Company appoint any person (or “an "appointee”") who is qualified to act as a director to be his or her alternate to act in his or her place at meetings of the directors or committees of the directors at which the appointing director appointor is not present unless (in the case of an appointee who is not a director) the directors have reasonably disapproved the appointment of such person as an alternate director and have given notice to that effect to the his or her appointor within a reasonable time after the delivery of the notice of appointment is received by the Company.
Appears in 1 contract
Samples: Amalgamation Agreement
Appointment of Alternate Directors. Any director (an “"appointor”") may by notice in writing received by the Company appoint any person (or “"appointee”") who is qualified to act as a director to be his or her alternate to act in his or her place at meetings of the directors or committees of the directors at which the appointing director is not present unless (in the case of an appointee who is not a director) the directors have reasonably disapproved the appointment of such person as an alternate director and have given notice to that effect to the appointor within a reasonable time after the delivery of the notice of appointment received by the Company.
Appears in 1 contract
Samples: Class a Preferred Share Purchase Agreement (Mechanical Technology Inc)