Purchaser Board. Subject to applicable Law and approval of the stockholders of Purchaser, Purchaser shall take all action necessary to ensure that, effective as of the Closing, the Purchaser Board shall consist of eleven (11) directors, as well as two (2) non-voting board observers, who shall initially be listed on Section 2.05 of the Purchaser Disclosure Letter.
Purchaser Board. The Purchaser Board will, subject to compliance with applicable corporate laws and the Purchaser’s Charter Documents, adopt a resolution appointing Li to the Purchaser Board, with such appointment to be effective on Closing.
Purchaser Board. (a) The Purchaser shall take all necessary actions (including obtaining shareholder approval) to ensure that effective as of the Effective Time or as soon as practicable thereafter, the Purchaser Board will be comprised of up to six directors, as follows:
Purchaser Board. At or prior to the Closing, the current directors of the Purchaser will adopt resolutions appointing to the Purchaser Board at least one nominee by the Target, which will be effective as of the Closing.
Purchaser Board. The Parties shall use commercially reasonable efforts to reconstitute the Purchaser’s board of directors immediately following the Effective Time to be composed of six members, being Jxxxx Xxxxxxxxx, Mxxx Xxxxxx, Cxxxx Xxxxxx, Pxxx Xxxxxx, Axxx Xxxxx and one other director to be determined by the Purchaser, or any other individuals as determined by the Purchaser and the Company, provided each are qualified to act as directors pursuant to applicable Law and are acceptable to the CSE.
Purchaser Board. The current directors of the Purchaser will, subject to compliance with applicable corporate laws and the Purchaser’s Charter Documents, adopt resolutions appointing Xxxxx Xxxx, Xxxxx Xxxxxx, Xxxx Xxxxxxxx and Xxxx Xxxxxxx, and such other person as the Target may advise to the Purchaser Board and accepting the resignations of Xxx Xxxxx, Xxxxx Xxxxxxxxx and Xxxx Toljanich from the Purchaser Board, with such appointments and resignations to be effective on Closing.
Purchaser Board. Conditioned upon the occurrence of the Closing, and subject to any limitation with respect to any specific individual imposed under applicable Laws and the listing requirements of the NYSE, Purchaser shall take all actions reasonably necessary or appropriate to cause, effective as of the Closing, the board of directors of Purchaser to include Xxxxxxx Xxxxxxx.
Purchaser Board. (a) On or prior to the Closing Date, the current directors of the Purchaser will adopt resolutions setting the number of directors of the Purchaser at seven (7), with two (2) of such directors to be nominees of the Purchaser and the balance to be nominees of the Target, with such increase in Purchaser Board Size and Purchaser and Target nominee appointments to be effective as of the Closing.
Purchaser Board. Effective as of the Closing, Purchaser Board shall take such action as is necessary to constitute the Purchaser Board (and the committees thereof) in accordance with the terms of the Stockholders Agreement, including the actions set forth on Section 6.32 of the Purchaser Disclosure Letter.
