Common use of Termination by Board of Directors Clause in Contracts

Termination by Board of Directors. An election of AMCI to terminate this Agreement and abandon the transactions contemplated hereby as provided in Section 6.1 shall be exercised on behalf of AMCI by its board of directors. An election of Compugraphics to terminate this Agreement and abandon the transactions contemplated hereby as provided in Section 6.1 shall be exercised on behalf of Compugraphics by its board of directors.

Appears in 3 contracts

Samples: Agreement and Plan of Reorganization (American Millennium Corp Inc), Agreement and Plan of Reorganization (American Millennium Corp Inc), Agreement and Plan of Reorganization (American Millennium Corp Inc)

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Termination by Board of Directors. An election of AMCI to terminate this Agreement and abandon the transactions contemplated hereby as provided in Section 6.1 shall be exercised on behalf of AMCI by its board of directors. An election of Compugraphics Precision to terminate this Agreement and abandon the transactions contemplated hereby as provided in Section 6.1 shall be exercised on behalf of Compugraphics Precision by its board of directors.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (American Millennium Corp Inc)

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