We use cookies on our site to analyze traffic, enhance your experience, and provide you with tailored content.

For more information visit our privacy policy.

Appointment to the Board of Directors Sample Clauses

Appointment to the Board of Directors. Upon issuance of the Stock --------------------------------------- Certificate to Optionee, the Company shall identify three people, who are satisfactory to the Optionee, to recommend to the existing directors to fill three vacancies on the Board of Directors of the Company. Upon election to the Company's Board of Directors of persons satisfactory to the Optionee, the two current directors of the Company's Board of Directors have indicated their intention to resign immediately.
Appointment to the Board of Directors. The Company and the Board of Directors shall support, advocate and vote Executive to the Board of Directors during the Term.
Appointment to the Board of Directors. The Nominating and Governance Committee (the “Nominating Committee”) of the Parent Board will, on or prior to the Closing Date, in accordance with the Nominating Committee’s charter, (i) approve the expansion of the Parent Board to nine (9) members, and (ii) recommend to the full Parent Board that Seller be appointed to serve on the Parent Board as a Class II director (whose term shall expire at the annual meeting of the shareholders of Parent held in 2015, subject to re-nomination and election by the shareholders), and the full Parent Board will approve the expansion of the Parent Board and the appointment of Seller as a member thereon, in each case, effective as of the Closing Date. The Nominating Committee of the Parent Board will, at any time during the two (2) year period following the Closing Date, at the request of Seller and in accordance with the Nominating Committee’s charter, approve a second appointment to the Parent Board by Seller, subject to the approval of the Nominating Committee and the Parent Board acting in accordance with their fiduciary duties (but such approval not to be unreasonably withheld), appoint an additional designee of Seller to serve on the Parent Board as a Class I director.
Appointment to the Board of Directors. During the term of this ------------------------------------- Agreement, Consultant shall be nominated for election as a member of the Board of Directors of the Company, Weeks GP Holdings, Inc. and Weeks LP Holdings, Inc.; provided, however, the Company shall not be obligated to nominate Consultant for election as a member of the Board of Directors of the foregoing entities if a change of control shall have occurred with respect to the Company. In the event a change of control in the Company occurs and Consultant is not nominated for election as member of the foregoing Boards of Directors, (i) the lock-up periods applicable to Consultant set forth in each of the Registration Rights and Lock-Up Agreements dated December 31, 1996 by and among Consultant, the Company and the other parties therein identified shall expire immediately and (ii) the conversion rights applicable to Consultant set forth in Exhibit D to the Second Amendment to the Second Amended and Restated Agreement of Limited Partnership of Weeks Realty, L.P. dated December 31, 1996 shall become exercisable immediately.
Appointment to the Board of Directors. 2.1.1 From and after the Effective Date, and until the provisions of this Section 2 cease to be effective, each Shareholder shall vote all Shares held by such Shareholder, and take all such steps as may be necessary, including through the exercise of their respective voting power, so that the following persons shall be elected to the Board of Directors of the Company: (a) So long as the Apollo Shareholders collectively are the beneficial owners of at least the Requisite Ownership Amount, one individual designated by the Apollo Shareholders (the “Apollo Director”), who initially shall be Xxxxxx Xxxxxx, and who shall initially have a three (3) year term; (b) So long as the Saratoga Shareholders collectively are the beneficial owners of at least the Requisite Ownership Amount, one individual designated by the Saratoga Shareholders (the “Saratoga Director”), who initially shall be Xxxxxxx X. Xxxxxx, Xx.; (c) So long as the Xxxx Shareholders collectively are the beneficial owners of at least the Requisite Ownership Amount, one individual designated by the Xxxx Shareholders (the “Xxxx Director”), who shall initially be Xxxx Xxxx. 2.1.2 From and after the Effective Date, and until the provisions of this Article 2 cease to be effective, each of the Company, the Xxxx Shareholders, the Saratoga Shareholders and the Apollo Shareholders shall take all necessary and desirable actions within its control as may be required under applicable law: (a) to include the Apollo Director, the Saratoga Director and the Xxxx Director in the slate of nominees recommended by the Board of Directors for election by the shareholders of the Company at its Annual Meeting of Shareholders; and (b) to use its best efforts to cause the election of the Apollo Director, the Saratoga Director and the Xxxx Director, and the Chief Executive Officer or each co-Chief Executive Officer of the Company, to the Company’s Board of Directors, including nominating such individuals to be elected as a Director. As co-Chief Executive Officer, Xxxxxxx Xxxx shall initially have a term of one (1) year.
Appointment to the Board of DirectorsThe Company hereby appoints and retains Xx. Xxxxxx X. Kennedy (the "Director"), on a non-exclusive basis, during the Term to serve as a member of its Board of Directors.
Appointment to the Board of DirectorsSection 7 of the Option ------------------------------------------ Agreement shall be amended and restated as follows: Upon issuance of the Stock Certificate to Optionee, the Company shall identify three people, who are satisfactory to the Optionee, to recommend to the existing directors to fill three vacancies on the Board of Directors of the Company. Upon election to the Company's Board of Directors of persons satisfactory to the Optionee, the two current directors of the Company's Board of Directors have indicated their intention to resign immediately provided the Company confirms that the indemnification provisions of Article VIII of the by-laws of the Company will continue to apply to the resigning officers and directors for an additional six years from the date of their resignation and those indemnification provisions shall be considered to be and shall have the force of contract between the resigning officer and directors and the Company.
Appointment to the Board of Directors. You will be appointed to the Board of Directors of Aspyra and will hold the term of office until the Company’s next Annual Shareholders Meeting at which time you will need to go through the nomination process and be re-elected by shareholder vote.
Appointment to the Board of Directors. The Executive shall be elected to the Board of Directors of the Corporation as soon as is reasonably practicable following the date hereof. In the interim period prior to the Executive's formal appointment to the Board of Directors of the Corporation, the Executive shall be entitled to observer status. The Executive's entitlement to serve as a member of the Board of Directors of the Corporation is effective so long as the Executive continues to serve in his capacity as President and Chief Operating Officer of the Corporation. Upon the appointment of the Executive to Board of Directors of the Corporation, the Executive shall receive directors' and officers' insurance pursuant to the terms of such policies issued to and held by the Corporation from time to time.
Appointment to the Board of Directors. As long as Investor has an Ownership Percentage of at least five percent (5%), at the Investor’s request, the Company will cause Investor (or a representative selected by the Investor) to be appointed to the Company’s Board of Directors (and, at the Investor’s request, reappointed to the Company’s Board of Directors annually) to serve until the following annual meeting of shareholders and until a successor is elected. The Investor may voluntarily terminate the right set forth in this Section 3.4 by his written, signed election to do so, which election shall make reference to this Section 3.4.