Flewber Board Seat Sample Clauses

Flewber Board Seat. Subject to Flewber’s certificate of incorporation, bylaws, or any applicable stockholders’ agreement, Executive shall serve on the board of directors of Flewber (“Flewber Board”) as a director during the Employment Term. Executive shall not be paid any compensation for his services on the Flewber Board, but shall be entitled to the reimbursement of reasonable expenses incurred to attend Flewber Board meetings, if Flewber reimburses the other directors who serve on the Flewber Board for such expenses. At the end of the Employment Term, Executive’s status as a director shall automatically terminate without the need for formal, written resignation. Executive shall, however, cooperate with Flewber to the extent Flewber’s bylaws, certificate of incorporation, or any applicable stockholders’ agreement require Executive to execute documentation that memorializes he is no longer a director of Flewber.
Sample 1Sample 2
AutoNDA by SimpleDocs
Flewber Board Seat. Subject to Flewber’s certificate of incorporation, bylaws, or any applicable stockholders’ agreement, Executive shall serve on the board of directors of Flewber (“Flewber Board”) as a director, and as the Chairman of the Flewber Board, during the Employment Term. Executive shall not be paid any compensation for his services on the Flewber Board, but shall be entitled to the reimbursement of reasonable expenses incurred to attend Flewber Board meetings, if Flewber reimburses the other directors who serve on the Flewber Board for such expenses. At the end of the Employment Term, Executive’s status as a director shall automatically terminate without the need for formal, written resignation. Executive shall, however, cooperate with Flewber to the extent Flewber’s bylaws, certificate of incorporation, or any applicable stockholders’ agreement require Executive to execute documentation that memorializes he is no longer a director of Flewber.
Sample 1

Related to Flewber Board Seat

  • Board Seat Upon termination of Executive’s employment by either party for any reason, Executive will resign his position on the Board and any other positions he may hold with or for the benefit of the Company and/or its affiliates, including, but not limited to, as an officer and/or director of any Company subsidiaries.

  • School Board Any reference to School Board or District in this Agreement shall mean the District and/or its designated officials.

  • Associate Directors (A) Any person who has served as a director may be elected by the Board of Directors as an associate director, to serve during the pleasure of the Board. (B) An associate director shall be entitled to attend all directors meetings and participate in the discussion of all matters brought to the Board, with the exception that he would have no right to vote. An associate director will be eligible for appointment to Committees of the Company, with the exception of the Executive Committee, Audit Committee and Compensation Committee, which must be comprised solely of active directors.

  • Directors of Surviving Corporation The directors of Merger Sub at the Effective Time shall, from and after the Effective Time, be the directors of the Surviving Corporation until their successors have been duly elected or appointed and qualified or until their earlier death, resignation or removal in accordance with the Surviving Charter and the Surviving By-Laws.

  • Parent Board of Directors The Board of Directors of Parent will take all actions necessary such that two members of Company's Board of Directors reasonably acceptable to Parent, at least one of whom is an independent director of the Company's Board of Directors, shall be appointed to Parent's Board of Directors as of the Effective Time with a term expiring at the next annual meeting of Parent's stockholders.

  • Board Size Each Stockholder shall vote, or cause to be voted, at a regular or special meeting of stockholders (or by written consent) all Voting Shares owned by such Stockholder (or as to which such Stockholder has voting power) to ensure that the size of the Board shall be set and remain at nine (9) directors; provided, however, that such Board size may be subsequently increased or decreased pursuant to an amendment of this Agreement in accordance with Section 5.7 hereof.

  • Directors of the Surviving Corporation The directors of Merger Sub immediately prior to the Effective Time shall be the directors of the Surviving Corporation until the earlier of their resignation or removal or until their respective successors are duly elected and qualified, as the case may be.

  • Initial Directors The first directors of Amalco shall be the persons whose name and address appear below: Xxxxxxxxxxx Xxxxx Xxxxxx 350 – 000 Xxxxxxxxx Xxxxxx, Xxxxxxxxx, XX, X0X Such directors shall hold office until the first annual meeting of shareholders of Amalco or until their successors are elected or appointed.

  • Compensation Committee (A) The Compensation Committee shall be composed of not more than five (5) members who shall be selected by the Board of Directors from its own members who are not officers of the Company and who shall hold office during the pleasure of the Board. (B) The Compensation Committee shall in general advise upon all matters of policy concerning the Company brought to its attention by the management and from time to time review the management of the Company, major organizational matters, including salaries and employee benefits and specifically shall administer the Executive Incentive Compensation Plan. (C) Meetings of the Compensation Committee may be called at any time by the Chairman of the Compensation Committee, the Chairman of the Board of Directors, or the President of the Company.

  • Management Board The Management Board is responsible for the overall strategic direction of the Integrated Service. Its functions and terms of references are set out in Schedule 3 Part I to this Agreement.

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