Shareholder Meeting; Resignations. Promptly upon a Change in Control of MSI or AGI, MSI agrees with DSC that it will (i) cause the MSI Directors to cause the Company's Board of Directors to convene a meeting of Members (in the case of such a Change in Control of MSI or AGI referred to in Section 2(a)) or of the Company's stockholders (in the case of such a Change in Control of MSI or AGI, referred to in Section 2(b)) and (ii) promptly after taking the action required by clause (i) above, cause such number of the MSI Directors to resign from the Company's Board of Directors so that the MSI Directors will no longer constitute a majority thereof.
Appears in 3 contracts
Samples: Agreement (Teligent Inc), Agreement (Associated Group Inc), Agreement (Teligent Inc)
Shareholder Meeting; Resignations. Promptly upon a Change in Control of MSI or AGI, MSI agrees with DSC that it will (i) cause the MSI Directors to cause the Company's Board of Directors to convene a meeting of 12 Members (in the case of such a Change in Control of MSI or AGI referred to in Section 2(a)) or of the Company's stockholders (in the case of such a Change in Control of MSI or AGI, referred to in Section 2(b)) and (ii) promptly after taking the action required by clause (i) above, cause such number of the MSI Directors to resign from the Company's Board of Directors so that the MSI Directors will no longer constitute a majority thereof.
Appears in 1 contract
Samples: Agreement (Cherrywood Holdings Inc)