Member of the Board of Directors. As a condition of Employee’s employment as Chief Executive Officer, Employee will be entitled to a position of director on the Company’s Board of Directors.
Member of the Board of Directors. Executive shall be elected a member of the Board as of the date hereof and the Company shall use its best efforts, subject to the fiduciary duties of the members of the Board, to nominate Executive for re-election to the Board at each Annual Stockholder's Meeting at which Executive is eligible for re-election during his period of service as President and Chief Executive Officer of the Company.
Member of the Board of Directors. As of the Effective Date, Executive will continue to serve as a member of the Board through the Transition Period and, subject to the Company’s and Executive’s mutual determination, beyond the Transition Period.
Member of the Board of Directors. Subject to confirmation by the present Board of Directors, in accordance with the Charter and Bylaws of the Company, you will be elected as a director to fill a term expiring at the annual meeting of shareholders in the year 2000; provided, however that in the event your employment as CEO should terminate for any reason, you hereby irrevocably agree to resign as a director effective upon such termination. Subject to the provisions of the Company's charter and bylaws, one directorship (in addition to your own) shall be reserved for election of a person nominated by you and approved by a majority of the directors, and one other director agreed upon by you and Xxxxx X. Xxxx will be formed to make recommendations for replacement of members of the Board of Directors during the first twelve months of your tenure. Notwithstanding the foregoing, however, it is understood and agreed that no action concerning the composition of the Board of Directors shall be taken except in strict conformity with the charter and bylaws of the Company. It is further understood that the charter presently provides a vote of at least 67% of the outstanding shares of the capital stock of the Company entitled to vote generally in the elections of directors cast at a meeting called for that purpose.
Member of the Board of Directors. Xx. Xxxxxx will continue as a non-employee Director of Jacobs, in Class I. Nothing in this Agreement is intended to affect any compensation that Xx. Xxxxxx is eligible to receive as a non-employee Director or to waive any rights, duties and obligations that Xx. Xxxxxx may have as a Director of Jacobs. Xx. Xxxxxx’x Officer and Director Indemnification Agreement dated February 11, 2003, a copy of which is attached hereto as Exhibit C, remains in full force and effect for all of his activities.
Member of the Board of Directors. As of and following the Separation Date, Executive will continue to be a member of Parent’s board of directors (the “Board”), subject to any required approvals by the Company’s stockholders. The current term of Executive’s Board seat expires at Parent’s annual general meeting in 2022 (the “Board Term”). At the end of the Board Term, Executive shall resign from the Board and not stand for re-election on the Board.
Member of the Board of Directors. Following the appointment by the Board of Directors of a new Chairman of the Board, Executive shall remain a member of the Board of Directors until the earlier of (i) the expiration of his elected board term or (ii) the effective date of his resignation from the Board of Directors, either of his own volition or at the request of a majority of the then-sitting members of the Board of Directors. If requested by a majority of the then-sitting members of the Board of Directors upon, or at any time following, the appointment of the successor Chief Executive Officer, Executive agrees to resign as a member of the Board of Directors. The Board shall not nominate Executive for re-election to the Board of Directors at the expiration of his current board term unless the parties otherwise agree in writing; and
Member of the Board of Directors. As of the Effective Date, Bradford will continue to serve as a member of the Board of Directors of Fusion-io (the “Board”) as its Chairman. Bradford agrees and understands that new independent members are expected to be added to the Board and that he eventually will be replaced as a member of the Board. Accordingly, Bradford agrees to voluntarily resign from the Board upon the Board’s request that he do so.
Member of the Board of Directors. Promptly after the Closing -------------------------------- Date, Westower will take such action as may be necessary to appoint Shareholder as a member of the Board of Directors, and Westower will nominate Shareholder as a director at its next Annual Meeting of Shareholders and thereafter for so long as Shareholder is employed by the Company and the Company is a subsidiary of Westower.
Member of the Board of Directors. As of and following the Effective Date, Executive will continue to serve as Chairman and member of the Board, subject any required approval by the Company’s stockholders.
