Nomination as Director. The Company agrees that it will nominate the Executive as a member of the Board of Directors each year during the term of this Agreement and will use its best efforts to ensure that the Executive is elected to the Board of Directors.
Nomination as Director. The Company agrees not to hold its annual meeting of stockholders to be held in calendar year 2021 at which directors are to be elected until after the three-year anniversary of the completion of the IPO. From and after the three-year anniversary of the completion of the IPO until the earlier of (i) the date on which Xx. Xxxxxx, individually or through his trusts, no longer holds at least fifteen percent (15%) of the issued and outstanding interests in EVO Investco or (ii) the end of the Chairman Period, at every meeting of the Board, or a committee thereof, at which directors of the Company are appointed by the Board or are nominated to stand for election by stockholders of the Company, the Company shall nominate Xx. Xxxxxx for election to the Board if Xx. Xxxxxx’x term as a director would terminate at the relevant stockholder meeting at which such nominees are to be considered for election by the Company’s stockholders.
Nomination as Director. PharmaFrontiers agrees to nominate Director for election by the shareholders of PharmaFrontiers as a director of PharraFrontiers, and, upon such election, Director agrees that Director will devote the amount of time, skill, and efforts during the term of this Agreement to the affairs of PharmaFrontiers as may be reasonably requested and required of Director and in accordance with the dunes and obligations imposed upon directors of corporations by applicable law_ Compensation As compensation for serving as a member of the Board of PharmaFrontiers, PharmaFrontiers agrees upon the execution and delivery of this Agreement to PharmaFrontiers, to issue to Director Twenty Thousand (20,000) shares of the common stock of PharmaFrontiers. In addition, PharmaFrontiers will pay Director the sum of $5,000.00 annually for each year the Director serves as a Director of PhannaFronuers, which shall compensate Director for his expenses in attending and participating in meetings of the Board. Al] compensation paid Director shall be subject to such payroll and withholding deductions as may be required by law or the policies of PharmaFrontiers.
Nomination as Director. The Company shall cause the nomination of the Executive as a director of the Company at each of the Company's 2001 and 2002 annual meetings of shareholders. In the event that the Company does not cause the nomination of the Executive as a director at either of such annual meetings, then as of the termination date of the Executive's service on the Board of Directors, all of the Executive's unvested stock options shall vest, and, notwithstanding the terms of the Option Agreements or the Stock Option Plans, all of the Executive's outstanding stock options shall continue to be exercisable through the expiration dates as set forth on Exhibit A.
Nomination as Director. The Company will cause Xxxxxx Xxxxxxxx to be elected as a director of the Company promptly after the date of this Agreement and will cause Xxxxxx Xxxxxxxx to be a nominee for election as a director of the Company at all meetings of shareholders for the election of directors at any time prior to December 31, 2001.
Nomination as Director. PharmaFrontiers agrees to nominate Director for election by the shareholders of PharmaFrontiers as a director of PharmaFrontiers, and, upon such election, Director agrees that Director will devote the amount of time, skill, and efforts during the term of this Agreement to the affairs of PharmaFrontiers as may be reasonably requested and required of Director and in accordance with the duties and obligations imposed upon directors of corporations by applicable law. PharmaFrontiers agrees to recommend to the Board that Director be appointed as Chairman of PharmaFrontiers immediately upon his election to the Board. Director agrees to serve ass Chairman and to perform such duties and obligations of the Chairman as are set forth in the bylaws of PharmaFrontiers or as are assigned to the Chairman by the Board.
Nomination as Director. Upon the execution of this Agreement, Employee shall be up for consideration to be nominated and elected to Employer's board of directors. Further, if Employee is nominated and elected to Employer's board of directors, then, during the term of this Agreement, at each annual or special meeting of the shareholders, Employee will be nominated by the board or nominating committee to serve as director. EMPLOYER: DIGITAL POWER CORPORATION By:____________________________________ Ben-Zion Diamant, Chairman By:____________________________________ David Amitai, Director By:____________________________________ Mark Thum, Director By:____________________________________ Youval Menipaz, Director By:____________________________________ Yeheskel Manea, Director By:____________________________________ Amos Kohn, Director EMPLOYEE: By:____________________________________ Jonathan Wax, an individual
Nomination as Director. Parent agrees that, prior to Closing, it shall cause its Board of Directors to be expanded by one member, and, at Closing, it shall appoint Xxxxxxx Xxxxx to such vacancy. Thereafter, Parent shall nominate Xxxxxxx Xxxxx for reelection at Parent's next annual meeting of shareholders.
Nomination as Director. Assuming the Term has not been terminated, the Board agrees to appoint Executive to the Board and it is contemplated that Executive will be nominated for election to the Board at the next Annual Meeting of the shareholders and will stand for reelection at each of the Company's subsequent Annual Meetings at which Executive's term as a director is scheduled to expire, and Executive agrees, subject to Section 8(d) hereof, to continue to serve as a director if elected.
