Change in Board. Individuals who, as of the date hereof, constitute the Board, and any new director whose election by the Board or nomination for election by the Company’s shareholders was approved by a vote of at least two thirds of the directors then still in office who were directors on the date hereof or whose election for nomination for election was previously so approved (collectively, the “Continuing Directors”), cease for any reason to constitute at least a majority of the members of the Board;
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Samples: Indemnification Agreement (Elliott Opportunity II Corp.), Indemnity Agreement (Elliott Opportunity I Corp.), Indemnity Agreement (Elliott Opportunity II Corp.)
Change in Board. Individuals who, as of the date hereof, constitute the Board, and any new director whose election by the Board or nomination for election by the Company’s shareholders was approved by a vote of at least two two-thirds (2/3) of the directors then still in office who were directors on the date hereof or whose election for nomination for election was previously so approved (collectively, the “Continuing Directors”), cease for any reason to constitute at least a majority of the members of the Board;
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Samples: Indemnification Agreement (Capitalworks Emerging Markets Acquisition Corp)
Change in Board. Individuals who, as of the date hereof, constitute the Board, and any new director whose election by the Board or nomination for election by the Company’s shareholders stockholders was approved by a vote of at least two thirds of the directors then still in office who were directors on the date hereof or whose election for nomination for election was previously so approved (collectively, the “Continuing Directors”), cease for any reason to constitute at least a majority of the members of the Board;
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Change in Board. Individuals who, as of the date hereof, constitute the Board, and any new director Board Member whose election by the Board or nomination for election by the Company’s shareholders stockholders was approved by a vote of at least two thirds a majority of the directors Board Members then still in office who were directors Board Members on the date hereof or whose election for nomination for election was previously so approved (collectively, the “Continuing Directors”), cease for any reason to constitute at least a majority of the members of the BoardBoard Members (including in connection with a Business Combination);
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