Appointment of Board Members. Appointment of the members of the Board shall be made by the respective parties within thirty days from the date of the signing of this agreement.
Appointment of Board Members. The following persons shall be nominated as board members of the Company: Xx. Xxxxxx Xxxxxxx, Xx. Xxxx Xxxxxxxx, Xx. Xxxx Chimovits and Mr. Xxxxx Xxxxxxx.
Appointment of Board Members. So long as any share of Series A Preferred Stock is outstanding, the Majority Holders shall have the right to appoint one (1) member of the Board of Directors. The Majority Holders may remove any Board member appointed by them at any time, with or without cause, and shall have the right to fill any resulting vacancy.
Appointment of Board Members. (a) Subject to the Distribution and Retail Restructuring Act and clause 9.4, the Special Majority of Participants may appoint any person as a Board Member, including the Board chairperson by signing a document stating that they are in favour of the appointment of the Board Member and/or Board chairperson.
Appointment of Board Members. Subject to section 33(3) of the Restructuring Act, a Board Member may be appointed by a Special Majority of the Participants signing a document stating that they are in favour of the appointment of the Board Member.
Appointment of Board Members. (a) The total number of the Board members shall be eight (8), or such other number as may be determined from time to time by the majority vote of the Board members present and entitled to vote at a duly convened meeting of the Board.
Appointment of Board Members. The board of directors of the Company (the "Board" or "Board of Directors") shall immediately following the Second Closing appoint to the Board three individuals who are (a) nominated by the Investor, and (b) reasonably acceptable to the members of the Board.
Appointment of Board Members. The Board of Directors of the Company and the Company shall have taken all necessary action such that immediately following the Closing, the size of the Company’s Board of Directors shall be eight, and the Company’s Board of Directors shall consist of Xxxxx Xxxxx, Xxxxx Xxx, Xxxxx Xxxxxxx, Xxxxxxx Xxxxxx, and four directors nominated by the Investor (the “Investor Directors”). The Board of Directors of the Company shall have taken all necessary action such that immediately following the Closing, the Company’s Nominating Committee shall consist of three members at least two of which are Investor Directors (as defined below).
Appointment of Board Members. 9 3.7 Registration of the Shares by the Company...............................................................10 3.8
Appointment of Board Members. The required minimum seven (7) voting members of the Board shall be chosen as follows: (i) four (4) of the voting members of the Board, and each of their alternates, shall be designated by the Government, subject to the prior receipt of a no-objection notice from MCC; (ii) one (1) of the voting members shall be a member of the private sector, and such member, and his/her alternate, shall be selected and appointed in accordance with the procedure set forth in the Reglamento; and (iii) two (2) of the voting members shall be representatives of NGOs, and such members, and each of their alternates, shall be selected and appointed in accordance with a process agreed upon by the Government and MCC. Initially, the voting members designated by the Government shall be: (i) the Technical Secretary of the President of the Republic of El Salvador; (ii) the Minister of Finance; (iii) the Minister of Foreign Affairs; and (iv) the Minister of Agriculture. The required minimum two non-voting observers of the Board shall be (i) a representative designated by MCC (the “MCC Representative”) and (ii) the Minister of the Environment and Natural Resources. In the event that one of the NGO voting members is not from an environmentally focused NGO, an additional observer from such an organization, subject to the prior receipt of a no-objection notice from MCC, shall be appointed. Each non-voting observer shall be an “Observer.” The Reglamento shall set forth the procedures for selection of any additional Board members and any additional Observers and the procedures for any change of the Chair and any change in the composition of the Board.
