Member of the Board. During the Term (as defined below), ------------------- prior to any stockholder meeting at which directors will be elected (or prior to the circulation of any written consent in respect of the election of directors), the Company shall nominate Executive to be a member of the Board and of the Board of Directors of the Company's principal United States operating subsidiary.
ARTICLE II Term ----
Member of the Board. (a) Throughout the first thirty-six (36) months of the Term Executive shall serve as Chairman of the Board. Furthermore, if the Company shall at any time during the first thirty-six (36) months of the Term have an Executive Committee of the Board, Executive shall serve as a member of the Executive Committee unless either Xxxxxx Xxxxx or Xxxxx Xxxxx (collectively, together with Executive, hereinafter being referred to as the "Founders") serve on such Committee. The Company agrees that it shall nominate Executive for election as a Director of the Company (and, if applicable, a member of its Executive Committee) at all elections during the first thirty six (36) months of the Term unless Executive declines to stand for election.
(b) At all times throughout the balance of the Term, at least one of the Founders shall serve as a member of the Company's Nominating Committee.
Member of the Board. Throughout the Agreement Term, the Company shall take all reasonable action to cause Executive to be elected to serve as a Director of the Company.
Member of the Board. The Director has agreed to serve as a non-employee member of the Board and has been elected as a member of the Board.
Member of the Board. For so long as the Purchaser and its Affiliates Beneficially Own more than 10% of the Company’s outstanding Common Stock, then, subject to applicable law and the rules and regulations of the SEC and the NASDAQ Stock Market, the Company will nominate and use its commercially reasonable efforts to cause to be elected and cause to remain as a director on the Board one (1) individual designated by the Purchaser.
Member of the Board. Throughout the Term, Xxxxxx shall be eligible to serve as a Director of the Company and a member of the Board. The Company agrees that it shall nominate Xxxxxx for election as a Director of the Company at all elections of the members of the Board during the Term unless Xxxxxx declines to stand for election.
Member of the Board. During the Term, Executive shall be appointed to be a member of the Board.
Member of the Board. From the date of the Employer's 2002 Annual Meeting of Stockholders and continuing through the Employer's 2004 Annual Meeting of Stockholders, the Employee shall serve as a member of the Board of Directors, subject to the terms of the Employer's Third Restated Certificate of Incorporation, as amended from time to time. Any subsequent substantial diminution in the position, office or duties of the Employee (other than any such diminution resulting from either a Reduced Employment Status or a Change in Control (as such term is defined in Section 13)) or a material breach by the Employer of its obligations under this Agreement shall be deemed a termination of this Agreement other than "for cause" as defined in Section 9. The Employee will report directly to the Board of Directors, and shall have such duties and responsibilities as are set forth in the Employer's Amended and Restated By-Laws, as amended from time to time, which duties shall include, but not be limited to, performing such duties and responsibilities as are assigned to him by the Board of Directors.
Member of the Board. Throughout the Agreement Term, Executive shall serve as a member of the Board.
Member of the Board. Subject to receipt of any and all Regulatory Approval required for Executive to serve in such position, Employer agrees to appoint Executive to serve as a member of the Board. Such appointment shall become effective as soon as reasonably practicable following receipt of any and all required Regulatory Approval.
