EUROPEAN BOARD. The UEMS and “VAS European Foundation” acknowledge that the European Board is the framework for cooperation and the forum for discussion between representatives of both Parties. The European Foundation recognizes that European Board in Angiology/Vascular Medicine is a UEMS body and should follow the rules of the UEMS described in its Statutes and Rules of Procedures. The Parties will closely cooperate to establish satisfactory representation of each Party in European Boards.
EUROPEAN BOARD. The UEMS and XXXXX acknowledge that European Board is the framework for cooperation and the forum for discussion between the representatives of both parties. Therefore, in this framework, any cooperative action jointly taken should be respectful with the rules that UEMS should follow as described in its Statutes and Rules of Procedures. The Parties will closely cooperate to establish satisfactory representation of each party in European Board.
EUROPEAN BOARD. The European Board currently consists of eleven (11) -------------- persons. For a period of not less than three years following Closing, at least two seats on the European Board (or a successor committee having similar responsibilities or authority) shall be occupied by persons approved by resolutions passed by a simple majority of the Continuing Partners who shall then be employed by Newco (or an affiliate thereof) voting thereon. If the size of the European Board (or any successor thereto) is enlarged, Xxxxxx agrees that the Continuing Partners' right to nominate additional seats on the European Board (or any successor thereto) shall be proportionate (rounding to the nearest whole number) to the number of seats previously nominated by the Continuing Partners under this Section 9.4.
