by Independent Legal Counsel. (A) Selected in the manner prescribed in paragraph (1) or (2) of this Section 5(c); or (B) if a quorum of Directors cannot be obtained for purposes of paragraph (1) and the committee cannot be designated under paragraph (2), selected by a majority vote of the full Board (in which selection directors who do not qualify as Disinterested Directors may participate); or
Appears in 6 contracts
Samples: Independent Director Agreement (Net 1 Ueps Technologies Inc), Independent Director Agreement (Net 1 Ueps Technologies Inc), Independent Director Agreement (Net 1 Ueps Technologies Inc)
by Independent Legal Counsel. (A) Selected in the manner prescribed in paragraph (1) or (2) of this Section 5(c); or (B) if a quorum of Directors cannot be obtained for purposes of paragraph (1) and the committee cannot be designated under paragraph (2), selected by a majority vote of the full Board (in which selection selected directors who do not qualify as Disinterested Directors may participate); or
Appears in 5 contracts
Samples: Indemnification Agreement (Liquidia Corp), Indemnification Agreement (Liquidia Technologies Inc), Indemnification Agreement (Liquidia Technologies Inc)
by Independent Legal Counsel. (A) Selected in the manner prescribed in paragraph (1) or (2) of this Section 5(c); or (B) if a quorum of Directors cannot be obtained for purposes of paragraph (1) and the committee cannot be designated under paragraph (2), selected by a majority vote of the full Board (in which selection directors selected Directors who do not qualify as Disinterested Directors may participate); or
Appears in 2 contracts
Samples: Indemnification Agreement (Katapult Holdings, Inc.), Indemnification Agreement (Kadmon Holdings, LLC)
by Independent Legal Counsel. (A) Selected in the manner prescribed in paragraph (1) or (2) of this Section 5(c4(b); or or
(B) if If a quorum of Directors cannot be obtained for purposes of paragraph (1) and the committee cannot be designated under paragraph (2), selected by a majority vote of the full Board of Directors (in which selection directors who do not qualify as Disinterested Directors may participate); or
Appears in 2 contracts
Samples: Indemnity Agreement (Riscorp Inc), Indemnification Agreement (Riscorp Inc)
by Independent Legal Counsel. (A) Selected in the manner prescribed in paragraph (1i) or (2ii) of this Section 5(c4(c); or (B) if a quorum of Directors cannot be obtained for purposes of paragraph (1i) and the committee cannot be designated under paragraph (2ii), selected by a majority vote of the full Board (in which selection directors selected Directors who do not qualify as Disinterested Directors may participate); or
Appears in 1 contract
Samples: Indemnification & Liability (Act II Global Acquisition Corp.)
by Independent Legal Counsel. (A) Selected in the manner prescribed in paragraph (1) or (2) of this Section 5(c); or (B) if a quorum of Directors cannot be obtained for purposes of paragraph (1) and the committee cannot be designated under paragraph (2), selected by a majority vote of the full Board Board; or (in which selection directors 4) by the shareholders of the Company, by a majority vote of a quorum consisting of shareholders who do were not qualify as Disinterested Directors may participate); Parties to that Proceeding or, if no such quorum is obtainable, by a majority vote of shareholders who were not Parties to that Proceeding.
Appears in 1 contract
