SpinCo Directors and Officers. On or prior to the Distribution Date, YUM and SpinCo shall take all necessary actions so that as of the Effective Time: (i) the directors and executive officers of SpinCo shall be those set forth in the Information Statement made available to the Record Holders prior to the Distribution Date, unless otherwise agreed by the Parties, and (ii) SpinCo shall have such other officers as the board of directors of SpinCo shall appoint.
Appears in 3 contracts
Samples: Separation and Distribution Agreement (Yum Brands Inc), Separation and Distribution Agreement (Yum China Holdings, Inc.), Separation and Distribution Agreement (Yum China Holdings, Inc.)
SpinCo Directors and Officers. On or prior to the Distribution Date, YUM Ventas and SpinCo shall take all necessary actions so that as of the Effective Time:
(i) the directors and executive officers of SpinCo shall be those set forth in the Information Statement made available to the Record Holders prior to the Distribution Date, unless otherwise agreed by the Parties, Parties and (ii) SpinCo shall have such other officers as the board of directors of SpinCo shall appoint.
Appears in 2 contracts
Samples: Separation and Distribution Agreement (Ventas Inc), Separation and Distribution Agreement (Care Capital Properties, Inc.)
SpinCo Directors and Officers. On or prior to the Distribution Date, YUM Ventas and SpinCo shall take all necessary actions so that as of the Effective Time:
: (i) the directors and executive officers of SpinCo shall be those set forth in the Information Statement made available to the Record Holders prior to the Distribution Date, unless otherwise agreed by the Parties, Parties and (ii) SpinCo shall have such other officers as the board of directors of SpinCo shall appoint.
Appears in 2 contracts
Samples: Separation and Distribution Agreement (Care Capital Properties, Inc.), Separation and Distribution Agreement (Care Capital Properties, Inc.)
SpinCo Directors and Officers. On or prior to the Distribution Date, YUM Xxxxxxx and SpinCo shall take all necessary actions so that as of the Effective Time:
(i) the directors and executive officers of SpinCo shall be those set forth in the Information Statement made available to the Record Holders prior to the Distribution DateStatement, unless otherwise agreed by the Parties, ; and (ii) SpinCo shall have such other officers as the board of directors of SpinCo shall appoint.
Appears in 1 contract
