Common use of Subsidiary Directors Clause in Contracts

Subsidiary Directors. Subject to Sections 2.1 and 6.1, the board of directors of each Subsidiary of ASAT or Subsidiary thereof shall consist of an equal number of directors appointed by QPL and AOF, with no more than three directors being appointed by QPL and AOF each, except that the board of directors of ASAT HK shall be identical in size and members to the Board. QPL and AOF shall cause their respective appointees to take all actions in accordance with the directions of the Board. Such appointees may be removed and vacancies on such boards shall be filled on the same basis as provided in Sections 2.2 and 2.3.

Subsidiary Directors. Subject to Sections 2.1 and 6.1, the board of directors of each Subsidiary of ASAT or Subsidiary thereof shall consist of an equal number of directors appointed by QPL and AOF, with no more than three directors being appointed by QPL and AOF each, except that the board of directors of ASAT HK shall be identical in size and members to the Board. QPL and AOF shall cause their respective appointees to take all actions in accordance with the directions of the Board. Such appointees may be removed and vacancies on such boards shall be filled on the same basis as provided in Sections 2.2 and 2.32.

Subsidiary Directors. Subject to Sections 2.1 and 6.1, the board of directors of each Subsidiary of ASAT or Subsidiary thereof shall consist of an equal number of directors appointed by QPL and AOF, with no more than three directors being appointed by QPL and AOF each, except that the board of directors of ASAT HK shall be identical in size and members to the Board. QPL and AOF shall cause their respective appointees to take all actions in accordance with the directions of the Board. Such appointees may be removed and vacancies on such boards shall be filled on the same basis as provided in Sections 2.2 and 2.3.. 2.9