Company's Board of Directors. The composition of the Company's Board of Directors (including one independent director) shall be reasonably acceptable to the Agent.
Company's Board of Directors. The composition of the Company's Board of Directors (including two independent directors) shall be reasonably acceptable to BAFC, the Letter of Credit Agent and the Administrative Agent.
Company's Board of Directors. Each of BEC's and CES's Boards of Trustees shall take such action as may be necessary to cause the number of directors comprising the full Board of Directors of the Company at the Effective Time to consist of 20 members, with 11 members to be selected by BEC and nine members to be selected by CES. The initial designation of such directors among the three classes of the Board of Directors of the Company shall be agreed between BEC and CES, the designees of each party to be divided as proportionally as is feasible among such classes; provided, however, that if, prior to the Effective Time, any of such designee shall decline or be unable to serve, the party hereto that designated such person shall designate another person to serve in such person's stead. At the Effective Time, the Board of Directors of the Company shall have such number of standing committees, with such names and functions as shall be agreed upon by BEC and CES prior to the Effective Time. CES shall have the right to designate two members of the Executive Committee, one of whom shall be the Chairman of the Board of CES on the Effective Date who shall be the Chairman of the Executive Committee.
Company's Board of Directors. (a) Upon the written request of the Nominating Committee of the Company's Board of Directors ("Nominating Committee"), the Stockholder will use all reasonable efforts to cause any Director who is a designee of the Stockholder to resign effective as of the Offering Closing Date.
Company's Board of Directors. The Company will maintain a professional board of directors that will at all times include at least two outside directors. The Company shall appoint two individuals recommended by Representatives to the Company's Board of Directors which recommendation shall be made by Representatives after the Closing Date.
Company's Board of Directors. The Company shall take all steps necessary to add the following individuals to its board of directors: (a) Mr. John Shoch, or another xxxxxx xxxxxxable to the current directors of the Company designated by Alloy Ventures 2002, LLC, as of the date of the next annual stockholder meeting and (b) one individual as of the Closing Date acceptable to the current directors of the Company designated jointly by Special Situations Fund III, L.P., Special Situations Fund Cayman, L.P., Special Situations Private Equity Fund, L.P. and Special Situations Technology Fund, L.P.
Company's Board of Directors. The Company shall, at the next meeting of Company shareholders and in accordance with the Company’s bylaws, nominate Xxxx Xxxxxxx and Xxxxx Xxxxx to the Company’s Board of Directors for election by the Company shareholders;
Company's Board of Directors. The company’s Board of Directors shall comprise a minimum of three (3) and a maximum of eight (8) members. The Chairman, Vice Chairman, and other members of the Board of Directors are elected by the General Meeting, which also decides on their remuneration. The term of office of the members of the Board of Directors will expire at the end of the first Annual General Meeting following the election. However, the term of office of the members of the Board of Directors conditionally elected at the Extraordinary General Meeting held in 2020 will expire at the end of the Annual General Meeting held in 2022.
Company's Board of Directors. 5.2. Subject to the provisions of Clause 5.1. above, the Parties acknowledge that they do not have the Company’s Control power, so they are not obliged to exercise their respective voting rights in order to elect the majority of the members of the Ideiasnet Board of Directors.
Company's Board of Directors. 5.1 It is agreed that as of the date of signing this Agreement, the division of directors in the Company will be as follows: TAT will appoint 3 directors on its behalf and Bental will appoint 2 directors on its behalf.
