Common use of Number of Board Members Clause in Contracts

Number of Board Members. The Company shall, effective upon Closing and until the termination of this Agreement, take all appropriate actions to fix and maintain a Board of no more than five (5) voting members and the Company shall not change the number of voting members of its Board without the prior written approval of the Qualified Subscribers.

Appears in 3 contracts

Samples: Investor Rights Agreement (BioPharmX Corp), Subscription Agreement (BioPharmX Corp), Investor Rights Agreement (BioPharmX Corp)

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Number of Board Members. The Company shall, effective upon Closing and until the termination of this Agreement, take all appropriate actions to fix and maintain a Board of no more than five seven (57) voting members and the Company shall not change the number of voting members of its Board without the Citadel’s prior written approval of the Qualified Subscribersapproval.

Appears in 1 contract

Samples: Investor Rights Agreement (Fushi International Inc)

Number of Board Members. The Company shall, effective upon Closing and until the termination of this Agreement, take all appropriate actions to fix and maintain a Board of no more than five six (56) voting members and the Company shall not change the number of voting members of its Board without the prior written approval of the Qualified SubscribersAbax Nominees.

Appears in 1 contract

Samples: Investor Rights Agreement (Sinoenergy CORP)

Number of Board Members. The Company shall, effective upon Closing and until the termination of this Agreement, take all appropriate actions to fix and maintain a Board of no more than five nine (59) voting members and the Company shall not change the number of voting members of its Board without the Abax’s prior written approval of the Qualified Subscribersapproval.

Appears in 1 contract

Samples: Investor Rights Agreement (Hi-Tech Wealth Inc.)

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Number of Board Members. The Company shall, effective upon Closing and until the termination of this Agreement, take all appropriate actions to fix and maintain a Board of no more than five eight (5) 8) voting members and the Company shall not change the number of voting members of its Board without the Abax’s prior written approval of so long as the Qualified SubscribersInvestor holds the Minimum Holding.

Appears in 1 contract

Samples: Investor Rights Agreement (China Natural Gas, Inc.)

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