Board of Directors of the Parent. At the Effective Time, the existing directors of Parent shall elect to the Board of Directors of the Parent between five (5) and seven (7) nominees of the Former Xxxxxxxxxxxx.xxx Stockholders, as designated by such Former Xxxxxxxxxxxx.xxx Stockholders, and immediately thereafter tender their own resignations from the Board of Directors of Parent.
Appears in 5 contracts
Samples: Merger Agreement (Takeout Music Com), Merger Agreement (Lavallo John), Merger Agreement (Pangilinan Rich)
