Change in Board Control. individuals who, as of the date hereof, constitute the Board (the “Incumbent Board”) cease for any reason to constitute at least a majority of such Board; provided that any individual who becomes a director of the Company subsequent to the date hereof whose election, or nomination for election, by the Company’s shareholders was approved by the vote of at least a majority of the directors then comprising the Incumbent Board shall be deemed a member of the Incumbent Board;
Appears in 2 contracts
Samples: Employment Agreement (Somanetics Corp), Change in Control Agreement (Somanetics Corp)
Change in Board Control. individuals who, as of the date hereof, constitute the Board (the “"Incumbent Board”") cease for any reason to constitute at least a majority of such Board; provided that any individual who becomes a director of the Company subsequent to the date hereof whose election, or nomination for election, by the Company’s 's shareholders was approved by the vote of at least a majority of the directors then comprising the Incumbent Board shall be deemed a member of the Incumbent Board;
Appears in 2 contracts
Samples: Change in Control, Invention, Confidentiality, Non Compete and Non Solicitation Agreement (Somanetics Corp), Employment Agreement (Somanetics Corp)
Change in Board Control. individuals who, as of the date hereof, constitute the Company's Board of Directors (the “"Incumbent Board”") cease for any reason to constitute at least a majority of such Board; provided that any individual who becomes a director of the Company subsequent to the date hereof whose election, or nomination for election, by the Company’s 's shareholders was approved by the vote of at least a majority of the directors then comprising the Incumbent Board shall be deemed a member of the Incumbent Board;
Appears in 1 contract
Change in Board Control. individuals who, as of the date hereof, constitute the Company’s Board of Directors (the “Incumbent Board”) cease for any reason to constitute at least a majority of such Board; provided that any individual who becomes a director of the Company subsequent to the date hereof whose election, or nomination for election, by the Company’s shareholders was approved by the vote of at least a majority of the directors then comprising the Incumbent Board shall be deemed a member of the Incumbent Board;
Appears in 1 contract
