Election to Parent's Board of Directors. At the Effective Time of the Merger, Parent shall promptly increase the size of its Board of Directors in order to cause Xx. Xxxxxxx X. Poulos to be appointed to Parent's board of directors and, subject to fiduciary obligations under applicable law, shall use its best efforts to cause Xx. Xxxxxxx X. Poulos to be elected as a director of Parent at the first annual meeting of stockholders of Parent with a proxy mailing date after the Effective Time.
Election to Parent's Board of Directors. Promptly after the Effective Time, Parent shall cause Xxxx Xxxxx and Xxxx Xxxxx to be appointed as directors of Parent.
Election to Parent's Board of Directors. At the Effective Time of --------------------------------------- the Merger, Parent shall promptly increase the size of its Board of Directors or exercise its reasonable best efforts to secure the resignation of present directors in order to cause Xxxxxxx X. Xxxx and Xxxxxxx X. Xxxxx (the "Nominees") to be appointed to Parent's board of directors and, subject to -------- fiduciary obligations under applicable law, shall use its reasonable best efforts to cause the Nominees to be elected (or remain in office) as directors of Parent (divided as evenly as is possible among classes of directors) at the first annual meeting of stockholders of Parent with a proxy mailing date after the Effective Time.
Election to Parent's Board of Directors. At the Effective Time of the Merger, Parent shall promptly increase the size of its Board of Directors or exercise its best efforts to secure the resignation of present directors in order to cause one person designated by the Company, to be appointed to Parent's Board of Directors and, subject to fiduciary obligations under applicable law, shall nominate one person designated by such person designated by the Company (or, in the event such Person no longer wishes to be a director, the Person designated by such director) as a director of Parent at the first and second annual meetings of stockholders of Parent with a proxy mailing date after the Effective Time.
Election to Parent's Board of Directors. Promptly after the Effective Time of the Merger, Parent shall increase the size of its Board of Directors and shall cause Mr. Norman P. Blake, Jr. anx xxx xxxxxxxxxx xxxxxxxrs of the Company determined by the Board Governance Committee of Parent to be appointed to Parent's board of directors (such directors to be appointed to such committees of the Board of Directors as the Board Governance Committee of the Board of Directors of Parent shall determine). In addition, subject to its fiduciary duties under applicable law, Parent agrees to nominate two, or if the Effective Time occurs on or after August 15, 1998, three, of such directors for election to Parent's Board of Directors at its first annual meeting with a mailing date after the Effective Time.
Election to Parent's Board of Directors. Promptly after the Effective Time, Parent shall increase the size of its board of directors in order to cause four current members of the Company’s board of directors who will be identified by the Company between the date hereof and prior to the Closing Date (the “New Parent Directors”) to be appointed to Parent’s board of directors on the Closing Date in director classes to be agreed by the Parties between the date hereof and the Closing Date and, subject to fiduciary obligations under applicable Law, shall use its reasonable best efforts to cause such individuals to be elected to the board of directors of Parent in accordance with Parent’s certificate of incorporation or by-laws or other governing documents at the first annual meeting of stockholders of Parent at which such director is eligible for election with a proxy mailing date after the Effective Time. If the Board Size Charter Amendment is not duly approved by the holders of Parent Shares at a stockholders’ meeting duly called and held for such purpose, at the Effective Time Parent shall cause a sufficient number of members of Parent’s board of directors to resign as directors of Parent so as to allow all of the New Parent Directors to be appointed to Parent’s board of directors.
Election to Parent's Board of Directors. Prior to the Effective Time, Parent shall (i) cause Mr. Frederick Hassan to be appointed to Parent's board of directors at xxx Xxxxxxxxx Xxxx and (ii) take all action necessary so that, at the Effective Time and so long as he is willing and able to serve, Mr. Hassan shall be appointed the Vice-Chairman of Parent.
Election to Parent's Board of Directors. Promptly after the Effective Time of the Merger, Parent shall cause one person designated prior to the Effective Time by the Company with Parent's consent (not to be unreasonably withheld) to be appointed to the Parent Board of Directors.
Election to Parent's Board of Directors. At the Effective Time of --------------------------------------- the Merger, Parent shall increase the size of its Board of Directors to seven members and cause (i) Xxxxxx X. Xxxxxxxx to be appointed to the Board of Directors of Parent as a member of the class of directors whose terms will expire at the annual meeting of stockholders to be held in 2002, and (ii) Xxxx- Xxxxxx Xxxx to be appointed to the Board of Directors of Parent as a member of the class of directors whose terms will expire at the annual meeting of stockholders to be held in 2003.
Election to Parent's Board of Directors. At the Effective Time, Parent shall promptly increase the size of its board of directors in order to enable Messrs. Xxxxxx XxXxxxxxx and Xxxx Xxxxxxxxx to be appointed to Parent's board of directors and for at least one year after the next annual meeting of the shareholders of Parent, subject to fiduciary obligations under applicable law, shall use its best efforts to cause Messrs. XxXxxxxxx and Xxxxxxxxx to be elected as directors of Parent by the shareholders of Parent.
