Board of Directors Membership. Amendments to Buyer's By-laws. Prior to Closing. Buyer will take such corporate action as is necessary to amend its by-laws or charter, in order to conform to the Shareholders' Agreement which Buyer and others become parties. Immediately following Closing, Buyer shall take such corporate action as may be necessary to cause Xxxxxxx Nice to become a member of Buyer's Board of Directors, and, if necessary, to reelect Xxxxxxx Nice to continue to serve on the Board until the negotiation of all of the shares of the common stock of Buyer acquired by Seller.
Board of Directors Membership. 1. Membership of the OI Board will be members of the coalition work group created and appointed by the Owyhee County Commissioners to develop and implement the Owyhee Initiative, as of the time enabling legislation is passed, Membership shall include a representative of the Shoshone Paiute Tribes.
2. The OI Board will consult with other agencies as appropriate.
Board of Directors Membership. Reference is made to that certain Stockholders' Agreement dated as of July 11, 1995 (the "Stockholders' Agreement") among Vestar Equity Partners, L.P. ("Vestar"), Cabot CSC Corporation, formerly known as Cabot Safety Corporation ("Cabot"), Aearo, Cabot Corporation ("Cabot Parent") and the parties identified on the signature pages hereto or to the supplementary agreements referred to in Section 5.14 thereof as Management Investors (the "Management Investors"). Aearo and, by their execution of a counterpart hereof, Vestar, Cabot and Cabot Parent, hereby agree and acknowledge as follows (all capitalized terms used in this Section 5 and not otherwise defined shall have the respective meanings set forth in the Stockholders' Agreement):
(a) For purposes of Section 2.1 of the Stockholders' Agreement, following the Officer Resignation Date Mr. Xxxxxx xxxll continue to serve as a member of the Board of Directors of Holdings and each Subsidiary of Holdings as a designee of the Management Investors until and unless he resigns from the Board, or is removed by the Management Investors in accordance with Section 2.1(b) of the Stockholders' Agreement.
(b) Mr. Xxxxxx xxxll continue to be a party to the Stockholders' Agreement as a "Management Investor" and all shares of Common Stock currently or in the future owned by Mr. Xxxxxx xxxll remain subject to the provisions of, and entitled to the benefits of the Stockholders' Agreement, including without limitation Section 3 (Transfers and Issuances) and Section 4 (Registration Rights).
Board of Directors Membership. The Employee will continue his membership on the Board of Directors of the Company.
Board of Directors Membership. The parties agree that so long as ----------------------------- Employee serves as CEO of the Company, he shall also serve as a member of the Company's Board of Directors. The Company hereby agrees to take all actions that are necessary to elect Employee, and thereafter continue Employee in office, as a member of the Board of Directors of the Company. Employee agrees to resign from the Board of Directors of the Company at such time as Employee ceases to be CEO of the Company.
Board of Directors Membership. The following Mooncusser Sector Members comprise the current (as of October 1, 2018) Board of Directors: *Mooncusser Sector is newly formed and has not yet elected a Board of Directors. Final Board of Directors list will be provide to NMFS before May 1, 2019. As of the date of this document submission (October 1, 2018), the additional contact able to act on behalf of the Sector is: Name: Xxxx Xxxxxxx Mobile: 000-000-0000 Email: xxxx@xxxxxxxxxxxxxxxx.xxx Address: 0000 Xxxx Xx, Xxxxxxx, XX 00000
Board of Directors Membership. The Mayor of the City of Joplin or his designee among the Council of the City of Joplin shall at all times during this agreement remain an ex-officio member of the JSA Board of Directors. In addition, the City of Joplin Parks and Recreation Director and the City of Joplin Convention and Visitors Bureau Director shall be members of the JSA Board of Directors and shall have all rights and privileges as Directors of the Corporation, including the power to vote on corporate issues. In no event shall the JSA Board of Directors amend the Bylaws of the corporation relating to membership existing on the date of the execution of this agreement without first receiving the consent of the Council of the City of Joplin.
Board of Directors Membership. Executive will continue as a member of the Board of Directors until the next annual stockholders meeting and will be nominated for reelection to the Board at that time. He will be considered an outside director during the period of time he receives retirement compensation payment under section 3 below. He will receive the normal compensation of an outside director for his services upon his reelection, but will not receive stock options as a newly elected director as he is continuing as a director. However, he will receive the annual grant of stock options to outside directors beginning with the 1997 annual meeting.
Board of Directors Membership. The Employee, as soon as Xxxxx Xxxxxxxx is paid and removed from the Board, which action is being pursued as of this writing, will become a member of the Board of Directors of the Company. In any event, regardless of the handling of the situation with Xx. Xxxxxxxx, Employee shall become a Board member within 30 days of this date.
Board of Directors Membership. The Board of Directors of the Coastal Bend Bays & Estuaries Program shall consist of the following representatives of the then-participating Parties and Implementors: The Chair of the Bays Council; The County Judge of Nueces County or the County Judge’s designee; The County Judge of San Xxxxxxxx County or the County Judge’s designee; The Mayor of the City of Corpus Christi or the Mayor’s designee; The Chairman of the Port Commission for the Port of Corpus Christi Authority or the Chairman’s designee; The Chair of the Coastal Bend Bays Foundation or the Chair’s designee; and The Chair of the Board of Directors for Port Industries of Corpus Christi or the Chair’s designee.
