Common use of If Messrs Clause in Contracts

If Messrs. Walkxx xxx Lernxx xxxee upon the individuals to become (or remain) members of the Board of Directors of Parent after the Effective Time, their agreed upon nominees shall make up such Board of Directors. If Messrs. Walkxx xxx Lernxx xxx unable to agree, then Mr. Xxxxxx xxxll propose five nominees, which nominees shall be reasonably acceptable to the Company and Mr. Xxxxxx xxxll propose four nominees, which nominees shall be reasonably acceptable to Parent and such nine nominees shall make up such Board of Directors. Selection of the post-Effective Time Board of Directors shall be completed no later than 30 days prior to the earlier of the Company Shareholder Meeting and the Parent Shareholder Meeting.

Appears in 4 contracts

Samples: Agreement and Plan of Merger and Reorganization (Arris Pharmaceutical Corp/De/), Agreement and Plan of Merger and Reorganization (Arris Pharmaceutical Corp/De/), Merger Agreement (Sequana Therapeutics Inc)

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