Director Nomination Right in Target Company Sample Clauses

Director Nomination Right in Target Company. (a) As per the clause 9.1(a) of the Sapphire India Shareholders Agreement, immediately before filing of the Target Company DRHP in relation to any initial public offering undertaken the Company, the board of directors of the Target Company shall be reconstituted such that the Company shall have the right to nominate and maintain 4 (four) directors on the board of directors of the Target Company. The Company and the Samara Investment Manager agree and acknowledge that Creador II shall have the right to nominate 1 (one) director out of such 4 (four) directors which may be nominated on the board of the Target Company.
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Related to Director Nomination Right in Target Company

  • Director Director/Secretary The Corporate Seal of the Secretary of State for Education, hereunto affixed is authenticated by: ..........................................

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  • Leave of Absence for College Committees An employee whose assigned work schedule would prevent her/him from attending meetings of a college committee to which s/he has been elected or appointed, will be granted a leave of absence from her/his regular duties without loss of pay or other entitlements to attend such meeting(s). Where such leave is granted, the employer will replace the employee as necessary. Costs arising from this provision will not be charged against the program area of the participating employee.

  • Director Compensation Petitioner shall not compensate members of the Charter School’s Governing Board in excess of reasonable expenses incurred in connection with actual attendance at board meetings or with performance of duties associated therewith.

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