Common use of Changes in Board Clause in Contracts

Changes in Board. Subject to the filing requirements of Schedule 14F-1 with the Securities and Exchange Commission, upon the consummation of the transactions contemplated by this Agreement, the Board of Directors of the Company shall appoint the designated individuals of the Purchaser to the Company’s Board of Directors and the then members of the Board of Directors shall resign, immediately thereafter.

Appears in 4 contracts

Samples: Stock Purchase Agreement (Real Value Estates Inc), Stock Purchase Agreement (Real Value Estates Inc), Stock Purchase Agreement (Real Value Estates Inc)

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