Board Positions. Within *** from a request by Mayne Pharma which Mayne Pharma must make no later than *** after the Start Date, HPPI will appoint Xxxxx Xxxxxxxx of Xxxxx Pharma, or another officer, director or senior employee of Mayne Pharma as nominated by Mayne Pharma, (Initial Mayne Pharma Representative) as a member of HPPI’s board of directors. If at any time the Initial Mayne Pharma Representative is unable or unwilling to serve (it being agreed that if the Initial Mayne Pharma Representative is not an officer, director or senior employee of Mayne Pharma, he or she shall be disqualified from serving on the HPPI board of directors), HPPI must procure that a person nominated by Mayne Pharma (who shall be another officer, director or senior employee of Mayne Pharma) is appointed to the board of directors of HPPI. The board of directors of HPPI shall initially be comprised of 3 persons: Xxxxx X. X’Xxxxxxx, Xx., Xxxxxxxx X. Xxxxx and Xxxxxx X. Xxxxx, Xx. Xxxxx Pharma’s right to appoint the foregoing person to the HPPI board of directors shall continue until the earlier to occur of: (i) the date that this agreement is terminated or (ii) the date the Mayne Pharma or its Affiliates own less than ten percent (10%) of the outstanding capital stock of HPPI.
Board Positions. 4.1 Xxxxxx agrees to continue to serve as Chairman of the Board of Directors of Synovus and as Chairman of the Board of Directors of Columbus Bank and Trust Company (“CB&T”). Synovus and Xxxxxx agree to review Xxxxxx’x Board of Director positions and memberships on a periodic basis during the term of this Agreement.
Board Positions. Trudy agrees to accept certain members of Chart's choosing to be xxxxted to the Board of Directors of Trudy Corporation such that a nine (9) member Trudy board would xxxxxde three (3) elected members of Chart's cxxxxxng, or a seven (7) member Trudy board would include two (2) elected members of Chart's choosing. Trudy and Chart agree that upon the later of August 31, 2004 or 00 xxys from the date of approval by the Reserve Bank of South Africa of Chart Studio's equity participation in Trudy, such approval to be received no later than December 31, 2004, xxx Trudy board, including the two (2) Chart-nominated members mentioned xxxxx, shall consist of seven (7) total members. Telephonic participation by any board member in a Trudy board meeting shall contribute to meeting quorum requiremexxx. Chart agrees to elect one (1) member of Trudy's Board of Directors as a member of the Board of Directors of one or more of Chart's business interests outside of South Africa not later than 30 days from receipt of approval by the Reserve bank of South Africa.
Board Positions. Executive may maintain her position as a member of the board of directors or other committees of the following entities: The Federal Reserve Board of the 12/th/ District, Seattle Branch; Gargoyles, Inc.; The University of Washington; and BrooksSports, Inc. Executive agrees not to join any additional boards of directors without the prior written consent of the Company.
Board Positions. Simultaneously with the execution and delivery of this Agreement, the Executive is being elected to the Board as a member of the class of directors with the term expiring in 1997. If the current Chairman of the Board does not seek reelection as, or is not reelected as, Chairman of the Board Form 10-K 1995 Stone & Xxxxxxx, Incorporated immediately following the annual meeting of stockholders of the Company in 1996 (or any meeting of stockholders held in lieu of such meeting), it is the intention of the Board, the Company and the Executive that the Executive shall be considered for election as Chairman of the Board at such time. It is also the intention of the Board, the Company and the Executive that the Executive shall be elected Chairman of the Board immediately following the annual meeting of stockholders of the Company in 1997 (or any meeting of stockholders held in lieu of such meeting).
Board Positions. So long as any Preferred Shares are outstanding, if the Registration Statement (as defined in the Registration Rights Agreement) is not declared effective within 180 days of the Closing Date, CIC shall use its best efforts to nominate and cause the election of a person designated by the holders of a majority of the Preferred Stock then outstanding to serve on the Board of Directors of CIC until the Restrictive Covenant Termination Date. CIC represents, warrants and covenants that it has the authority and ability to, and shall, increase the size of the Board of Directors of CIC if necessary to comply with the provisions of this paragraph.
Board Positions. 14.1 JW must be appointed a Director of ADA upon commencement of employment.
Board Positions. All of Seller's rights to appoint a member to the Board of Trustees to the Seven Hills Master Association (the "Association") and all of Seller's rights to appoint a member to the architectural review committee of the Association (collectively, the "Board Positions"); and
Board Positions. As soon as the Company receives the Minimum Bridge Subscriptions, and thereafter until the end of the first fiscal year that begins after the close of the first Public Offering, the Company shall elect, or cause the election of, two representatives selected by APS Financial to the Company's Board of Directors. Such directors shall be entitled to reimbursement of all reasonable travel and lodging expenses incurred in attending meetings. Polar Molecular Corporation January 16, 2001 Page 13 Notwithstanding the foregoing, if in connection with the Secondary Placement, or any subsequent equity financing by the Company, any investor investing $1,000,000 or more in such financing desires or demands to be, or have a representative on, the Company's Board of Directors, then APS Financial will relinquish one of its Board seats in order to allow the Company to accommodate such request. The initial APS Financial representatives shall be Xxxx Xxxxxxx and Xxxxxx Xxxxxxx. Thereafter, during the period APS Financial is entitled to designate any directors pursuant to this Section, it shall be entitled to present any persons it desires to name as replacement Board representatives to the Company and such persons shall be considered in good faith by the Company for approval subject to commercially reasonable standards for Board membership; provided the Company's approval shall not be unreasonably withheld. Furthermore, in the event an APS Financial Board representative can not attend a Board meeting, then APS Financial shall be entitled to have substitute representatives attend or otherwise participate in meetings whenever the current designated director(s) are unable to do so for a maximum of two successive Board meetings or two months (whichever is the greater time span).
Board Positions. From the ANR Board, the LFI Board and the SPI Board;
