Designation of Directors and Officer. (a) On the Closing Date, the following persons will take the position of Director with Corrective Biotechnologies, R. Kxxx Xxxxxxxx and Dr. G. Dxxx Xxxxx (the “Corrective Biotechnologies Designee”) The Corrective Biotechnologies Designee shall not be subject to any Disqualification Events as defined in Section 3.10 above.
Designation of Directors and Officer. At Closing:
Designation of Directors and Officer. Upon signing this Agreement, the following directors will take the position of Director with CXX, Xxxxxx Yao, Wxxxxxx Xxxx, Axxx Xxxx and such other persons as may be designated by Mx. Xxx, and the existing officers and directors of COX, Sxxxxxx X. Xxx and Mxxx Xxx Xxx, after the signing of this Agreement, shall tender their resignations of all positions held with COX effective immediately. In addition, upon the signing of this Agreement, COX shall immediately appoint as officers of COX the following persons: Kxxxxx Xxx as Chief Executive Officer and President, and Fengtao Wen as Chief Financial Officer.
Designation of Directors and Officer. At Closing: (a) Junning (Marco) Ma will be appointed Chairman, President and Director of the Company, and Guangning Xu will be appointed Vice President, Chief Financial Officer, and Secretary of the Company; and (b) immediately after the appointments in (i) have occurred, all existing officers and directors of Action (other than Xxxxxx Xxxxxxx as a director) shall resign from such positions. Subject to the effectiveness of an Information Statement required by Rule 14f-1 promulgated under the Exchange Act, Xxxxxx Xxxxxxx shall be appointed an independent director of the Company.
Designation of Directors and Officer. Upon the execution of this Agreement, USCo shall, as promptly as practicable, (i) accept the resignation of Xxxxxxxx Xxxxx as an officer of USCo, effective as of the Closing Date, (ii) increase its Board of Directors to eight (8), and (iii) elect Chen Min to its Board of Directors. Upon compliance with Rule 14F-1, promulgated under the Exchange Act, USCo shall accept the resignation of Xxxxxxxx Xxxxx as a director of USCo and the following persons will be appointed as directors of USCo: Xxxx Xxxxx, You Jianli, Gao Juguang, Xxxxxx Xxxxx, Xxxx Xxx, Xxxx Changzhu, and Qin Jingshou. In addition, USCo shall also, immediately upon the execution of this Agreement, appoint as officers of USCo the following persons: Chen Min, as Chief Executive Officer, President and Chairman of the Board, and Yang Feng, as Chief Financial Officer, Secretary and Treasurer, in each case effective as of the date hereof.
Designation of Directors and Officer. Upon signing this Agreement, Stone Mountain shall increase its Board of Directors to seven (7) and Xx. Xx Xxxxxxxx will immediately be added to the Board of Directors: After compliance with Rule 14F-1, promulgated under the Securities Exchange Act of 1934, as amended, the following directors will take the position of Director, Hu Wangyuan, Ying Jinfeng, Xxx Xxxxxxxx, Xxxxx Xxxxxxxx and Xxx Kepei, and the existing Chief Executive Officer of Stone Mountain, Xx. Xxxxx Xxxxx, after the signing of this Agreement, shall tender his resignation of all positions held with Stone Mountain effective upon the expiration of the time periods required under Rule 14F-1. In addition, upon the signing of this Agreement, Stone Mountain shall immediately appoint as officers of Stone Mountain the following persons: Xx Xxxxxxxx, as Chief Executive Officer and President, Xxx Xxxxxxxx, as Chief Financial Officer, and Hu Wangyuan as Vice President.
Designation of Directors and Officer. Upon the execution of this Agreement, USCo shall, as promptly as practicable, (i) accept the resignation of Ms. Axxxx Xxxxx Rxx as director, Treasurer and Secretary, effective as of the Closing Date, (ii) accept Mx. Xxxxxxx Xxx’s resignation as President and Chief Executive Officer (effective as of the Closing Date) and as director (effective upon the expiration of time period required under Rule 14F-1), (iii) increase its Board of Directors to seven (7), and (iv) elect Mx. Xxxx Shiping to the Board of Directors as a director and Chairman of the Board. Upon compliance with Rule 14F-1, promulgated under the Exchange Act, the following persons will be appointed as directors of USCo: Hxxxxx X. Xxxxx, Yang Bin, Gao Yang, Qu Zhong, Kong Xiaoyan and Cxxxx Xxxxxxx. In addition, USCo shall also, immediately upon the execution of this Agreement, appoint as officers of USCo the following persons: Mx. Xxxx Shiping as President and Chief Executive Officer of USCo, Mx. Xxxx Xinwei as Chief Financial Officer, Treasurer and Vice President of USCo, Mx. Xx Yangqian as Chief Operating Officer and Vice President of USCo, and Mx. Xxxx Bin as Senior Vice President (General Manager, Head of Sales) of USCo and Mx. Xxxxx Weihong as Secretary and Senior Vice President (Head of Human Resources and General Administration) of USCo, in each case effective as of the date hereof.
Designation of Directors and Officer. On the Closing Date, the following person will take the position of Director with IACE, Pxxx Xxxxxxxxx, and the existing officers shall tender their resignation of all positions held with IACE effective on the Closing Date. In addition, upon the signing of this Agreement, IACE shall immediately appoint as officers of IACE the following persons: Pxxx Xxxxxxxxx as Chief Executive Officer, President, Chief Financial Officer and Director, Treasurer and Secretary.
Designation of Directors and Officer. (a) On the Closing Date, Urban Planet may nominate, and the Company agrees to appoint, one person designated by Urban Planet to the Company’s Board of Directors (the “Urban Planet Designee”). The Urban Planet Designee shall not be subject to any Disqualification Events as defined in Section 1.17.
Designation of Directors and Officer. Upon the effectiveness of an information statement required by Rule 14f-1 promulgated under the Exchange Act, Dengfu Xu will take the position as Chairman of the Board and Luping Pan, Xxx Xxxx and Xxx Xxxxxx as directors with Expedite 4, and the existing officer and director of Expedite 4, Xxxxxx Xxxxxx, after the signing of this Agreement, shall tender her resignation of her positions held with Expedite 4 effective immediately. In addition, upon the signing of this Agreement, Expedite 4 shall immediately appoint Luping Pan as the President, Chief Executive Officer and Secretary and Xxx Xxxxxx as the Chief Financial Officer of Expedite 4.
