Common use of Consent of Directors Clause in Contracts

Consent of Directors. Termination of this Agreement by the Company for reasons other than: (i) for Cause or (ii) Executive's death, legal capacity or disability must be approved by a vote of 2/3 of the members of the Company's Board of Directors.

Appears in 9 contracts

Samples: Agreement and Plan of Reorganization (Infonautics Inc), Agreement and Plan of Reorganization (Ibs Interactive Inc), Employment Agreement (Ibs Interactive Inc)

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Consent of Directors. Termination of this Agreement by the Company for reasons other than: (i) for Cause cause or (ii) Executive's death, legal capacity or disability must be approved by a vote of 2/3 of the members of the Company's Board of Directors.

Appears in 4 contracts

Samples: Employment Agreement (Ibs Interactive Inc), Employment Agreement (Ibs Interactive Inc), Employment Agreement (Ibs Interactive Inc)

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