Common use of Board Majority Change Clause in Contracts

Board Majority Change. Individuals who are Incumbent Directors cease for any reason to constitute a majority of the members of the Board; or

Appears in 45 contracts

Samples: Change in Control Agreement (McDermott International Inc), Change in Control Agreement (McDermott International Inc), Change in Control Agreement (McDermott International Inc)

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Board Majority Change. Individuals who are Incumbent Directors cease for any reason to constitute a majority of the members of the Board; oror Corporate Officers

Appears in 1 contract

Samples: Change in Control Agreement (Centerpoint Energy Inc)

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Board Majority Change. Individuals who are Incumbent Directors cease for any reason to constitute a majority of the members of the Board; oror Executive Officers

Appears in 1 contract

Samples: Change in Control Agreement (Centerpoint Energy Inc)

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