Board Services. As a member of the Board, your Services shall include: (i) using your reasonable best efforts to provide financial and strategic advice to the Company; (ii) attending and participating in such number of meetings of the Board as regularly or specially called, but in any case, no fewer than four (4) meetings per year. Board meetings may be held via teleconference, videoconference or in person; (iii) consulting with other Board members regularly and as necessary via telephone, electronic mail or other forms of correspondence; (iv) participating in at least four (4) conference calls for operational purposes with the Company’s management in any year; and (v) rendering such other services as may be reasonably and customarily requested of a member of a board of directors of a similarly situated company.
Board Services. Commencing as of the Effective Date and continuing during the Board Service Period, the Company hereby retains the Board Member to serve as a director of the Company, and any committee thereof to which the Board Member is duly designated, and, at the Company’s request, any board of directors or similar governing body of any of the Company’s subsidiaries and any committees thereof (the “Board Services”). The Board Member will perform the Board Services at such times and in such manner as reasonably requested by the Company from time to time. During the Board Service Period, the Company shall take such action as may be necessary to appoint or elect Board Member as a member of the Board and, if so requested by the Company, any board of directors or similar governing body of any of its subsidiaries.
Board Services. The Company hereby requests and Advisor hereby agrees to provide Xx. Xxxxx to serve as Chairman of the Board of the Company. In order to enable Advisor to provide Xx. Xxxxx, one of its employees, to deliver the requested Services as Chairman of the Board of the Company, the Company agrees to use its best efforts to cause Xxxxxxx X. Xxxxx, to be elected as a member of the Company’s Board, and to be selected as Chairman of the Board, throughout the Term and shall include him in the slate for election as a director at every stockholders meeting during the Term at which his term as a director would otherwise expire.
Board Services. Chairman shall serve as Chairman of the Board in a non-executive capacity and shall not be either an employee or officer of the Company. As the Chairman of the Board, Chairman shall, in a manner consistent with applicable legal and corporate governance standards: (i) regularly attend and preside at Board meetings, (ii) chair the Annual Meeting, (iii) serve on such committees of the Board to which he may be appointed by the Board, and (iv) perform such other duties as are consistent with Chairman’s position as Chairman of the Board. The services described in this Section 2(a) are herein referred to as “Board Services”.
Board Services. Executive shall be elected Chairman of the Executive Committee of the Corporation's board of directors on February 10, 1999. If elected to serve and if Executive agrees to serve on the board of directors of the Corporation, Executive agrees to waive any and all fees, compensation, and remuneration of any kind which he may otherwise be entitled to receive as a director of the Corporation; provided, however, that the foregoing waiver shall not affect his right to defense and indemnification with respect to claims to the extent provided in the Corporation's by-laws; and further, provided, that such waiver shall not extend to any fees, compensation, and remuneration to which he may be entitled to receive as a director of any subsidiary or affiliate of the Corporation.
Board Services. Fortissimo is entitled, under the terms of the SPA and subject to the Closing, to elect a majority of the Board, including as the chairman of the Board (the “Fortissimo Directors”). The services rendered by the directors and the Chairman will be referred hereinafter as the “Board Services”.
Board Services. Consultant agrees to serve on Company's board of -------------- directors ("Board Services"), when elected to that position, for the term for which he is elected, and to perform the following services in his capacity as a board member:
a. attendance at one board meeting in Southern California each month;
b. service on one board committee, as appointed thereto from time to time by the board;
c. providing such services as are rendered by Company's other board members, including without limitation periodic availability to attend to telephone conferences, correspondence, and e-mail.
Board Services. In addition to the Services above, Executive further agrees that in order to be compensated for Board Services as described in Section 3.1 hereof, Executive will be present for, attend and participate in all of Holdings' meetings of the Board of Directors during the Term. The parties acknowledge and agree that Holdings may ask Executive to resign his position on Holdings' Board of Directors. If Executive ceases to provide the Board Services by serving on Holdings' Board of Directors, Executive will continue to earn his Board Services compensation for the remainder of the Term, provided that Executive agrees to perform services at the general direction of the chief executive officer of Holdings related to one (1) merger or acquisition of the Company's choosing (hereinafter "M&A Work"), from the beginning of such transaction until such time as the transaction closes, regardless of whether the transaction begins or closes after the Term so long as Holdings notifies Executive of the specific target M&A Work in question of its choosing before the end of the Term.
Board Services. The Company shall pay Consultant in equal monthly payments at a yearly rate of €25,000 for Mr. Blomen’s service as Chairman of the Board of Directors of HydroGen Corporation following the Effective Date, so long as Mr. Blomen continues to serve as Chairman of the Board of Directors of HydroGen Corporation and this Agreement remains in effect. However, this Consulting Agreement will continue in effect whether or not Mr. Blomen serves as Chairman of the Board until terminated pursuant to its terms.
Board Services. During the Employment Term, Employee shall serve and continue to serve, if and when elected and re-elected, as a member of the Board of Directors of the Parent (“Parent Board”). In his capacity as a member of the Parent Board or as a member of any committee thereof, Employee shall serve without compensation other than that herein provided, except as may otherwise be determined by the Company in its sole discretion. For the avoidance of doubt, any time spent by the Employee in his capacity as a member of the Parent Board shall count toward the Employee’s minimum time commitments hereunder, and no failure of the Parent Board to elect the Employee as a member of the Parent Board shall affect adversely the duties and responsibilities of the Employee hereunder.
