Common use of Appointment of Proxy Holders Clause in Contracts

Appointment of Proxy Holders. 2.01. Initial Proxy Holder nominees will be chosen by the Shareholder. The initial and successor Proxy Holders shall: (i) be resident citizens of the United States; (ii) have had no prior contractual, financial, or employment relationships with the Affiliates or the Corporation; (iii) certify their willingness to accept their security responsibilities; and (iv) be eligible for the requisite personnel security clearance.5 The appointment of initial and successor Proxy Holders shall not become effective until approved by DSS.

Appears in 1 contract

Samples: Proxy Agreement (API Technologies Corp.)

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Appointment of Proxy Holders. 2.01. Initial The initial Proxy Holder nominees will shall be chosen by the ShareholderNNI. The initial and successor Proxy Holders shall: shall be (i) be resident citizens of the United States; (ii) have had no prior contractual, financial, or employment relationships with the Affiliates or the Corporation; (iii) certify their willingness to accept their security responsibilities; and (iv) be eligible for the requisite personnel security clearance.5 clearances.5 The appointment of initial and successor Proxy Holders shall not become effective until approved by DSS.

Appears in 1 contract

Samples: Proxy Agreement (Nortel Networks LTD)

Appointment of Proxy Holders. 2.01. Initial Proxy Holder nominees will be chosen by the Shareholder. The initial and successor Proxy Holders shall: (i) shall be resident citizens of the United States; (ii) have had no prior contractual, financial, or employment relationships with the Affiliates Affiliates, Shareholder or the Corporation; (iii) certify their willingness to accept their security responsibilities; and (iv) be eligible for the requisite personnel security clearance.5 The appointment of initial and successor Proxy Holders shall not become effective until approved by DSS.

Appears in 1 contract

Samples: Proxy Agreement

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Appointment of Proxy Holders. 2.01. Initial Proxy Holder nominees will be chosen by the Shareholder. The initial and successor Proxy Holders shallshall be: (i) be resident citizens of the United States; (ii) have had no prior contractual, financial, or employment relationships with the Affiliates or the CorporationCompany; (iii) certify their willingness to accept their security responsibilities; and (iv) be eligible for the requisite personnel security clearance.5 clearance. The appointment of initial and successor Proxy Holders shall not become effective until approved by DSSDCSA.

Appears in 1 contract

Samples: Proxy Agreement

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