Number and Appointment of Directors. The Board shall consist of at least five and not more than twelve Directors, unless otherwise fixed from time to time by the Sole Member. The Directors shall be appointed by the Sole Member. The Sole Member may remove any Director at any time either with or without cause.
Number and Appointment of Directors. 93. Unless otherwise agreed by the Members, the Directors shall consist of a total number of [3] Directors, who shall be appointed as follows:
Number and Appointment of Directors. (a) The business and affairs of the Company shall be managed and controlled by its Board of Directors which shall consist of seven members of whom 3 shall be appointed by Kingsford (“Kingsford Nominated Directors”), 2 shall be appointed by Cathay (“Cathay Nominated Directors”) and 2 by CDH (“CDH Nominated Directors”). Each of the Company Shareholders shall vote its share of Common Stocks, for the election of the candidates for Directors nominated by the respective Company Shareholders as provided in this Section 4.1 and in favor of any proposal that is approved by the Board of Directors. (b) Constitution of the board of directors of each member of the Group shall be the same as the Company and that all Directors shall be appointed as directors of each company of the Group. Any Director who ceases to be a director of the
Number and Appointment of Directors. 80.1 The number of Directors (disregarding alternate directors) shall not be less than two and shall be not more than five. The initial number of Directors shall be five.
Number and Appointment of Directors. (a) The business and affairs of the Company shall be managed and controlled by its Board of Directors which shall consist of seven members of whom 5 shall be appointed by Bestcheer (“Bestcheer Nominated Directors”) and 2 by CDH (“CDH Directors”). Each of the Company Shareholders shall vote its share of Common Stocks, for the election of the candidates for Directors nominated by the respective Company Shareholders as provided in this Section 4.1 and in favor of any proposal that is approved by the Board of Directors. (b) Constitution of the board of directors of each member of the Group shall be the same as the Company and that all Directors shall be appointed as directors of each company of the Group. Any Director who ceases to be a director of the Company shall cease to be a director of each company of the Group. In relation to Bestcheer’s right to appoint 5 members to the Board of Directors (ie. the Bestcheer Nominated Directors”), it is agreed by CUFS Holdings, Cathay, Kingsford, CAA and Web-based that Cathay and CAA shall have the right to appoint 2 and 3 Company Directors respectively. It is also agreed by Bestcheer Shareholders and CDH that an independent director shall be approved and appointed jointly by CDH and Bestcheer Shareholders at such time when CDH and Bestcheer Shareholders shall consider appropriate and that immediately following appointment of such independent director, the number of CDH Directors shall be reduced from 2 to 1. (c) Each Director shall be entitled to appoint any person or any other Director to be his alternate and each alternate shall have one vote for every Director whom he represents in addition to any vote of his own.
Number and Appointment of Directors. (a) Except as otherwise provided herein, the number of Directors and the manner of appointment of Directors shall be determined in accordance with the Articles.
Number and Appointment of Directors. (a) Unless otherwise agreed by the PIHK, the Board of Directors shall consist of five (5) members of whom four (4) shall be appointed by PIHK. (b) Each Director shall be entitled to appoint any person or any other Director to be his alternate and each alternate shall have one vote for every Director whom he represents in addition to any vote of his own. (c) The chairman of the Board shall be determined by PIHK among the four Directors nominated by PIHK.
Number and Appointment of Directors. (a) Unless otherwise agreed by the Subscriber, the Board of Directors shall consist of three (3) directors of whom two (2) shall be appointed by CISG and one (1) shall be appointed by Apollo; (b) Constitution of the board of directors of each of the Group Companies shall be the same as the Company and that all Directors shall be appointed as directors of the Group Companies unless otherwise agreed by the Subscriber. Any Director who ceases to be a director of the Company shall cease to be a director of the Group Companies; (c) Each Director shall be entitled to appoint any person or any other Director to be his alternate and each alternate shall have one vote for every Director whom he represents in addition to any vote of his own; (d) If the Subscriber shall cease to hold any Ordinary Shares, it shall procure the resignation of all those Directors nominated by it and will indemnify the other Party and the Group against any claims which may be brought by such Directors.
Number and Appointment of Directors. (a) The business and affairs of the Company shall be managed and controlled by the Board of Directors. The board of directors of the Company shall consist of five (5) members of whom three (3) shall be nominated by LTBVI (one (1) of whom shall be Chairman of the Board of Directors), and two (2) of whom shall be nominated by the US Founders.
Number and Appointment of Directors. (a) The business and affairs of the Company shall be managed and controlled by the Board of Directors. The board of directors of each of the Company and Longtop System . shall consist of four (4) members of whom three (3) shall be nominated by the Guarantors and one by the Subscriber to act as non-executive director. (b) The board of directors of each member of the Group shall (except the Company and Longtop System) consist of three (3) members of whom two (2) shall be nominated by the Guarantors and one (1) by the Subscriber, unless otherwise agreed between the Parties.
