Common use of Post-Closing Board of Directors and Executive Officers Clause in Contracts

Post-Closing Board of Directors and Executive Officers. (a) The Parties shall take all necessary action to cause the board of directors of the Purchaser as of immediately following the Closing to consist of seven (7) directors (the “Post-Closing Purchaser Board”), who shall be designated as set forth on Schedule 5.17 of the Company Disclosure Schedules. At or prior to the Closing, the Purchaser will provide each director with a customary director indemnification agreement.

Post-Closing Board of Directors and Executive Officers. (a) The Parties shall take all necessary action action, including causing the directors of Purchaser to cause resign, so that effective as of the End Date, the Purchaser’s board of directors of the Purchaser as of immediately following the Closing to consist of seven (7) directors (the “Post-Closing Purchaser Board”), who shall be designated ) will consist of five (5) individuals as set forth on Schedule 5.17 of the Company Disclosure Schedulesdescribed in Section ‎7.14. At or prior Prior to the ClosingEnd Date, the Purchaser will provide each director Post-Closing Director with a customary director indemnification agreement, in form and substance reasonably acceptable to such Post-Closing Director.

Post-Closing Board of Directors and Executive Officers. (a) The Parties shall take all necessary action action, including causing the directors of Purchaser to cause resign, so that effective as of the Closing, Pxxxxxxxx’s board of directors of the Purchaser as of immediately following the Closing to consist of seven (7) directors (the “Post-Closing Purchaser Board”), who shall be designated as set forth ) will consist of the individuals listed on Schedule 5.17 5.15(a) of the Company Disclosure Schedules. At or prior to the Closing, the Purchaser will provide each director with a customary director indemnification agreement, in form and substance reasonably acceptable to such director.

Post-Closing Board of Directors and Executive Officers. (a) The Parties shall take all necessary action to cause action, including causing the board of directors of the Purchaser to resign, so that effective as of immediately following the Closing to consist Closing, Purchaser’s board of seven (7) directors (the “Post-Closing Purchaser Board”), who shall be designated as set forth ) will consist of the individuals listed on Schedule 5.17 5.14(a) of the Company Disclosure Schedules. At or prior to the Closing, the Purchaser will provide each director with a customary director indemnification agreement, in form and substance reasonably acceptable to such director.

Post-Closing Board of Directors and Executive Officers. (a) The Parties shall take all necessary action to cause action, including causing the board of directors of the Purchaser to resign, so that effective as of immediately following the Closing to consist Closing, the Purchaser’s board of seven (7) directors (the “Post-Closing Purchaser Board”), who shall be ) will consist of five (5) individuals designated as set forth on Schedule 5.17 of by the Company Disclosure Schedules(the “Seller Directors”). At or prior Prior to the Closing, the Parties shall take all necessary action to appoint to five (5) persons designated by the Company to be all the directors on the Post-Closing Purchaser will provide each director with a customary director indemnification agreementBoard ,.

Post-Closing Board of Directors and Executive Officers. (a) The Parties shall take all necessary action to cause action, including causing the board of directors of the Purchaser to resign, so that effective as of immediately following the Closing to Closing, the Purchaser’s board of directors will consist of seven (7) directors to nine (9) individuals designated by the Company, in its sole discretion, and appointed in compliance with Nasdaq Rule 5605 (the “Post-Closing Purchaser Board”). Immediately after the Closing, who the Parties shall be designated as set forth on Schedule 5.17 take all necessary action to designate and appoint members of the Company Disclosure SchedulesPost-Closing Purchaser Board. At or prior to the Closing, the Purchaser will provide each director of Purchaser with a customary director indemnification agreement, in form and substance reasonably acceptable to such director of Purchaser.