Representative Director. E-LOAN JAPAN's day-to-day operations shall be managed by the President of E-LOAN JAPAN, who shall be a Representative Director nominated by SB Finance from among the directors of E-LOAN JAPAN. SB Finance shall have the right, exercisable in its sole discretion, to remove and replace the President at any time, effective upon the delivery of written notice to E-LOAN JAPAN, the President and the other shareholders of E-LOAN JAPAN. In the event of a vacancy in the office of a the President for any reason (including removal in accordance with the preceding sentence), the vacancy shall be filled by SB Finance.
Representative Director. (a) The JV Company shall have one (1) Representative Director, who shall have a term of three (3) years. The Representative Director shall be appointed, removed and terminated by the Bloom Energy Directors.
(b) The Representative Director shall, in such capacity, be the chief executive officer (CEO) of the JV Company and have the power and authority to be in the general and active charge of the entire business and affairs of the JV Company, including general supervision, direction and control of the Business and the officers of the JV Company, including corporate policy and strategy, and shall have the obligation to manage the day-to-day operations of the JV Company and the respective Business (other than the matters tasked to the COO) and make decisions which do not require approval of the Board of the Members, as well as such other powers and authorities granted pursuant to applicable Laws and the Articles of Incorporation. All employees must be personally approved by the Representative Director (other than the COO).
Representative Director. Moon shall be the Representative Director.
Representative Director. The Company shall have one (1) Representative Director, who shall be elected by a resolution of the Board. The Representative Director shall serve as president and chief executive officer of the Company and shall represent the Company, observe and enforce the matters resolved by the Board and the General Meeting of Shareholders and be responsible for the general management of the Company. The term of office of the Representative Director shall be three (3) years; provided, however, that if such term expires before the close of the ordinary General Meeting of Shareholders concerning the last fiscal year that ended during the three-year term, it shall be extended until the close of such General Meeting of Shareholders. The Representative Director shall be nominated and elected as follows:
(a) For so long as SFC has a Shareholding of at least fifty percent (50%) or the largest Shareholding (including where SFC is one of the largest Shareholders having the same Shareholding), SFC shall have the right to nominate one of the Directors nominated by it for election at a meeting of the Board as Representative Director, and MEMC Singapore shall procure for its nominated Directors to exercise voting rights so that such nominee of SFC shall be elected as Representative Director.
(b) In the event that MEMC Singapore becomes entitled to nominate a majority of the total number of Directors under this Agreement, MEMC Singapore shall have the right to nominate one of the Directors nominated by it for election at a meeting of the Board as Representative Director, and SFC shall procure for its nominated Directors to exercise voting rights so that such nominee of MEMC Singapore shall be elected as Representative Director. EXECUTION VERSION CONFIDENTIAL TREATMENT REQUESTED REDACTED VERSION
(c) In all other cases (other than the cases falling under Section 7.1(a) and (b) above), the Representative Director shall be elected in accordance with the Articles of Incorporation and applicable law, with no nomination right exercised by either Party.
(d) The Party entitled to nominate the Representative Director shall consult in good faith with the other Party prior to making such nomination.
(e) The provisions of Section 6.2(c) and (d) shall apply to the Representative Director, mutatis mutandis.
Representative Director. The Company shall have one (1) representative Director (daihyou-torishimari-yaku, the “Representative Director”), who shall be nominated by SoftBank and approved by the Board. The initial Representative Director shall be Xx. Xxxxxxx Xxxxxxxx. [***] Information has been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment has been requested with respect to the omitted portions.
Representative Director. The Company's day-to-day operations will be managed by the President, who shall be the Representative Director of the Company in accordance with the Articles. The President shall be elected by the Board from among the Directors nominated by SOFTBANK pursuant to Section 4.2. SOFTBANK shall have the right, exercisablel in its sole discretion, to remove and replace the President at any time, effective upon the delivery of written notice to the Company, the President and INSWEB.
Representative Director. The Buyer shall appoint one of the Buyer Directors as the Representative Director of the Company as soon as practicable after the Closing and the Sellers agree to such appointment.
Representative Director. 1. The Director-President of the Company shall represent the Company and supervise the business of the Company.
2. By a resolution of the Board of Directors of the Company, Representative Director(s) may be elected among Directors with the specific title prescribed in the preceding Article.
Representative Director. For so long as VaxGen maintains the VaxGen Required Holding and Nexol and Nexol Co maintain the Nexol Required Holding, VaxGen and Nexol shall jointly be entitled to appoint the Representative Director of the JVC, who shall be elected by the Board, represent the JVC, and shall be in charge of the administration of all the daily business affairs of the JVC in accordance with the polices established by the Board and the shareholders; provided, however, that the Board shall decide on and elect the Representative Director of the JVC from the Representative Director candidates nominated by each of VaxGen and Nexol, in the event VaxGen and Nexol fail to reach an agreement regarding the appointment of the Representative Director; provided further, that if (a) the Nexol Required Holding is not maintained, Nexol shall forfeit its right to jointly appoint the Representative Director pursuant to this Section 9.2, and (b) if the VaxGen Required Holding is not maintained, VaxGen shall forfeit its right to jointly appoint the Representative Director pursuant to this Section 9.2.
Representative Director. The President and Chief Executive Officer of JVC and the (or one of the) director or directors designated by a Holder of minority Shares shall each be a Representative Director of JVC and each enter into the Representative Director Agreement in a form substantially similar to EXHIBIT C. If the individual designated by the Holder of minority Shares resigns as Representative Director or becomes unable to serve, another individual shall be designated to be a Representative Director.