Management Appointments. The Founding Shareholders shall have the right to appoint and remove the Chief Executive Officer, Chief Financial Officer, Chief Operating Officer, Chief Technology Officer and officers at similar levels of the Company or any Subsidiary after consultation with the Board of Directors and approval by the director appointed by Temasek, provided that the Founding Shareholders have not transferred more than 50% of the Shares owned by them (in the aggregate) as of the Closing Date.
Management Appointments. The Board of Directors of Z3 shall approve the appointment of the new Board of Directors and principal officers of Z3 (“Management Appointments”). The Management Appointments shall include the following:
Management Appointments. BrasilSat shall appoint the President and XXXX shall appoint the Chief Financial Officer and the independent auditors.
Management Appointments
