Board of Directors of PubCo Sample Clauses

Board of Directors of PubCo. Upon and immediately following the Effective Time, PubCo’s board of directors shall consist of five (5) directors, three (3) of whom shall be independent directors under Nasdaq rules. Sponsor shall have the right, but not the obligation, to designate, or cause to be designated, one (1) director to serve as a director of PubCo until the earlier of (i) the second anniversary of Closing, or (ii) the second annual shareholder meeting of the PubCo that takes place after the Effective Time, and the Company shall have the right, but not the obligation, to designate, or cause to be designated, the remaining directors. In the event that Sponsor designates one (1) director, then the Shareholder will enter into a voting agreement with Sponsor pursuant to which they shall agree to vote their Purchaser Ordinary Shares in favor of such designee’s nomination to the PubCo’s board of directors for no less than two years after the Closing.
Sample 1
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Board of Directors of PubCo. Immediately after the Acquisition Merger Effective Time, PubCo’s board of directors shall consist of five (5) directors, including three (3) directors designated by the Company prior to the Closing, at least one (1) of whom shall be an independent director, and two (2) independent directors designated by SPAC.
Sample 1
Board of Directors of PubCo. On or prior to the Closing Date, the board of directors of Pubco will adopt resolutions appointing the individuals named in Schedule 9 hereto (or as otherwise indicated to Pubco by Priveco) to the board of directors of Pubco and accepting the resignation of Xxxx Xxxxxxxxxx from the board of directors of Pubco, which appointments and resignation will be effective on Closing, and the Information Statement on Schedule 14F-1 to be filed by Pubco with the SEC in connection with the Closing of the Transactions shall have been filed by Pubco at least ten (10) days prior to the Closing Date.
Sample 1
Board of Directors of PubCo. Immediately after the SPAC Merger Effective Time, PubCo’s board of directors shall consist of directors and independent directors designated by DoubleDragon; provided, however, the composition of such board of directors shall comply with the requirements of SEC and Nasdaq.
Sample 1
Board of Directors of PubCo. The board of directors of Pubco, after the Effective Time, shall consist of the five (5) members of the board of directors of the Surviving Corporation, all of whom are set forth on Exhibit B attached hereto. In order to effect the appointment of such directors, all but one of Pubco’s directors shall resign at the Effective Time, and the sole remaining director shall elect the five (5) individuals listed on Exhibit B to Pubco’s Board of Directors, immediately prior to his resignation. Pubco’s board of directors, after the Effective Time, shall include at least three (3) independent directors.
Sample 1

Related to Board of Directors of PubCo

  • Board of Directors; Officers The Board of Directors and officers of Sub immediately prior to the Effective Time shall be the Board of Directors and officers, respectively, of the Surviving Corporation, until the earlier of their respective resignations or the time that their respective successors are duly elected or appointed and qualified.

  • Parent Board of Directors The Board of Directors of Parent will take all actions necessary such that two members of Company's Board of Directors reasonably acceptable to Parent, at least one of whom is an independent director of the Company's Board of Directors, shall be appointed to Parent's Board of Directors as of the Effective Time with a term expiring at the next annual meeting of Parent's stockholders.

  • The Board of Directors of Buyer shall have approved this Agreement and Buyer's acquisition of the Assets contemplated hereby.

  • Board of Directors The Board of Directors of the Company is comprised of the persons set forth under the heading of the Pricing Prospectus and the Prospectus captioned “Management.” The qualifications of the persons serving as board members and the overall composition of the board comply with the Exchange Act, the Exchange Act Regulations, the Xxxxxxxx-Xxxxx Act of 2002 and the rules promulgated thereunder (the “Xxxxxxxx-Xxxxx Act”) applicable to the Company and the listing rules of the Exchange. At least one member of the Audit Committee of the Board of Directors of the Company qualifies as an “audit committee financial expert,” as such term is defined under Regulation S-K and the listing rules of the Exchange. In addition, at least a majority of the persons serving on the Board of Directors qualify as “independent,” as defined under the listing rules of the Exchange.

  • Board of Directors or Board The persons holding such office, as of any particular time, under the Articles of Incorporation of the Company, whether they be the Directors named therein or additional or successor Directors.

  • Board “Board” means the Board of Directors of the Company.

  • Leave, Board of Directors A nurse who is elected to the Board of Directors of the Ontario Nurses' Association, other than to the office of President, shall be granted upon request such leave(s) of absence as she or he may require to fulfill the duties of the position. Reasonable notice - sufficient to adequately allow the Hospital to minimize disruption of its services shall be given to the Hospital for such leave of absence. Notwithstanding Article 10.04, there shall be no loss of seniority or service for a nurse during such leave of absence. Leave of absence under this provision shall be in addition to the Union leave provided in Article 11.02

  • Board of Directors Meetings The Company shall use its best efforts to ensure that meetings of its Board of Directors are held at least four times each year and at least once each quarter.

  • Board of Director Approval This Agreement shall have been approved by the Board of Directors of Acquirer.

  • Change in Board of Directors Individuals who, as of the date hereof, constitute the Board, and any new director whose election by the Board or nomination for election by the Company’s stockholders was approved by a vote of at least two thirds of the directors then still in office who were directors on the date hereof or whose election for nomination for election was previously so approved (collectively, the “Continuing Directors”), cease for any reason to constitute at least a majority of the members of the Board;

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