Replacement of Directors. Prior to the Closing, any and all directors of the Company appointed and/or nominated by the Selling Shareholder shall have been removed from office and replaced with those appointed and/or nominated by the Purchaser.
Appears in 4 contracts
Samples: Share Purchase Agreement (Gigamedia LTD), Share Purchase Agreement (Gigamedia LTD), Share Purchase Agreement (Gigamedia LTD)