Common use of Shareholders Agreement; Appointment of Directors Clause in Contracts

Shareholders Agreement; Appointment of Directors. Each Investor shall in good faith and with mutual cooperation use its reasonable best efforts to negotiate and enter into a shareholders’ agreement or other definitive agreements containing, in principle, the terms set forth on Exhibit B attached hereto (the “Shareholders Agreement Term Sheet”). Each of Holdco and the Investors hereby agrees to take (or cause to be taken) all actions, if any, required to be taken by each, such that the board of directors of Holdco shall have the composition contemplated by Exhibit B hereto immediately prior to the Effective Time.

Appears in 6 contracts

Samples: Interim Investors Agreement, Interim Investors Agreement (Giant Interactive Group Inc.), Interim Investors Agreement (Baring Asia Private Equity Fund v Co-Investment L.P.)

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