Common use of Director Appointment Clause in Contracts

Director Appointment. The Company shall take all necessary or desirable actions as may be required under Applicable Law and in accordance with its memorandum and articles of association to cause the individual designated by the Purchasers as the initial director or the initial observer to be appointed to the board of directors of the Company at the Closing.

Appears in 4 contracts

Samples: Subscription Agreement, Subscription Agreement (JD.com, Inc.), Subscription Agreement (Tencent Holdings LTD)

AutoNDA by SimpleDocs

Director Appointment. The Company shall take all necessary or desirable actions as may be required under Applicable Law and in accordance with its memorandum Memorandum and articles of association Articles to cause the individual designated by the Purchasers Purchaser as the initial director or the initial observer Purchaser Director to be appointed to the board of directors of the Company Board at the Closing.

Appears in 2 contracts

Samples: Investment Agreement (58.com Inc.), Investment Agreement (Tencent Holdings LTD)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!