Common use of Board of Directors; Committees Clause in Contracts

Board of Directors; Committees. It is understood that the right to elect directors of the Company is by law vested in the stockholders and directors of the Company, and it is mutually contemplated that service on the Board of Directors of the Company or any of its subsidiaries or on any respective committee of the Board of Directors of the Company or any of its subsidiaries is not a condition of this Agreement.

Appears in 7 contracts

Samples: Executive Employment Agreement (Red Lion Hotels CORP), Executive Employment Agreement (Red Lion Hotels CORP), Executive Employment Agreement (Red Lion Hotels CORP)

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Board of Directors; Committees. It is understood that the right to elect directors of the Company is by law vested in the stockholders and directors of the Company, and it is mutually contemplated that service on the Board board of Directors directors of the Company (the “Board”) or any of its subsidiaries the Company’s subsidiaries, or on any respective committee of the Board or the board of Directors directors of any of the Company or any of its subsidiaries Company’s subsidiaries, is not a condition of this Agreement.

Appears in 5 contracts

Samples: Executive Employment Agreement (Red Lion Hotels CORP), Executive Employment Agreement (Red Lion Hotels CORP), Executive Employment Agreement (Red Lion Hotels CORP)

Board of Directors; Committees. It is understood that the right to elect directors of the Company is by law vested in the stockholders and directors of the Company, Company and it is mutually contemplated that this Agreement is not conditioned on service on the Board of Directors of the Company or any of its subsidiaries or on any respective committee of the Board of Directors of the Company or any of its subsidiaries is not a condition of this Agreementcommittees.

Appears in 3 contracts

Samples: Employment Agreement (Cavanaughs Hospitality Corp), Employment Agreement (Cavanaughs Hospitality Corp), Employment Agreement (Cavanaughs Hospitality Corp)

Board of Directors; Committees. It is understood that the right to elect directors of the Company is by law vested in the stockholders and directors of the Company, and it is mutually contemplated that service on the Board of Directors of the Company or any of its subsidiaries or on any respective committee of the Board of Directors of the Company or any of its subsidiaries is not a condition of this Agreement.

Appears in 3 contracts

Samples: Executive Employment Agreement (Red Lion Hotels CORP), Employment Agreement (Cavanaughs Hospitality Corp), Employment Agreement (Westcoast Hospitality Capital Trust)

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Board of Directors; Committees. It is understood that the right to elect directors of the Company is by law vested in the stockholders and directors of the Company, and it is mutually contemplated that service on the Board or the board of Directors directors of any of the Company or any of its subsidiaries Company’s subsidiaries, or on any respective committee of the Board or the board of Directors directors of any of the Company or any of its subsidiaries Company’s subsidiaries, is not a condition of this Agreement.

Appears in 1 contract

Samples: Executive Employment Agreement (Red Lion Hotels CORP)

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