Key Officers. (i) Xxxxxxxxx will initially nominate the person to be appointed by the Board as the General Manager of the Company (the “General Manager”). The General Manager will have the duties and limitations set forth in Section 9.1. The right to nominate a General Manager will alternate between Xxxxxxxxx and Nestlé every [**] years. (ii) Nestlé will initially nominate the person to be appointed by the Board as the Finance Director of the Company (the “Finance Director”). The Finance Director will have the duties and limitations set forth in Section 9.2. The right to nominate a Finance Director will alternate between Xxxxxxxxx and Nestlé every [**] years.
Appears in 2 contracts
Samples: Joint Venture Agreement (Hutchison China MediTech LTD), Joint Venture Agreement (Hutchison China MediTech LTD)
Key Officers. (i) Xxxxxxxxx will initially nominate the person to be appointed by the Board as the General Manager of the Company (the “General Manager”). The General Manager will have the duties and limitations set forth in Section 9.1. The right to nominate a General Manager will alternate between Xxxxxxxxx and Nestlé every [**] years.
(ii) Nestlé will initially nominate the person to be appointed by the Board as the Finance Director of the Company (the “Finance Director”). The Finance Director will have the duties and limitations set forth in Section 9.2. The right to nominate a Finance Director will alternate between Xxxxxxxxx and Nestlé every [**] years. [**] Certain information in this document has been omitted and filed separately with the Securities and Exchange Commission.
Appears in 2 contracts
Samples: Joint Venture Agreement (Hutchison China MediTech LTD), Joint Venture Agreement (Hutchison China MediTech LTD)