Common use of Change of Target Management Clause in Contracts

Change of Target Management. At Closing all members of the board of directors of Target, except Mx. Xxxxxxxx, shall resign and Target shall appoint Suki Mudan and Gxxx Xxxxxxxx as directors of Target effective immediately following Closing, which persons shall represent a majority of the board of directors of Target.

Appears in 4 contracts

Samples: Stock Exchange Agreement (Caneum Inc), Stock Purchase Agreement (Caneum Inc), Stock Exchange Agreement (Caneum Inc)

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