Board of Directors Member. Each year during the term of this Agreement, the Board of Directors of the Company (the "Board") shall designate Executive as one of management's slate of candidates to the Board, shall recommend Executive as a Director to its shareholders, and shall otherwise use its best efforts to have Executive elected as a Director and to have him remain as a Director during the entire term of this Agreement, in all instances subject to satisfaction by the Board of Directors of its fiduciary duties and obligations.
Appears in 6 contracts
Samples: Employment Agreement (Impax Laboratories Inc), Employment Agreement (Global Pharmaceutical Corp \De\), Employment Agreement (Impax Laboratories Inc)
Board of Directors Member. Each year during the term of this Agreement, the Board of Directors of the Company (the "“Board"”) shall designate Executive as one of management's ’s slate of candidates to the Board, shall recommend Executive as a Director to its shareholders, and shall otherwise use its best efforts to have Executive elected as a Director and to have him remain as a Director during the entire term of this Agreement, in all instances subject to satisfaction by the Board of Directors of its fiduciary duties and obligations.
Appears in 4 contracts
Samples: Employment Agreement (Impax Laboratories Inc), Employment Agreement (Impax Laboratories Inc), Employment Agreement (Impax Laboratories Inc)
Board of Directors Member. Each year during the term of this Agreement, the Board of Directors of the Company (the "Board") shall designate Executive Chairman as one of management's slate of candidates to the Board, shall recommend Executive Chairman as a Director director to its shareholders, and shall otherwise use its best efforts to have Executive Chairman elected as a Director director and Chairman of the Board, and to have him remain as a Director director during the entire term of this Agreement, in all instances subject to satisfaction by the Board of Directors of its fiduciary duties and obligations.
Appears in 1 contract
Board of Directors Member. Each year during the term of this Agreement, the Board of Directors of the Company (the "Board") shall designate Executive as one of management's slate of candidates to the Board, shall recommend Executive as a Director director to its shareholders, and shall otherwise use its best efforts to have Executive elected as a Director director and to have him remain as a Director director during the entire term of this Agreement, in all instances subject to satisfaction by the Board of Directors of its fiduciary duties and obligations.
Appears in 1 contract
