Examples of AMHC Board in a sentence
The parties agree and acknowledge that at Closing the AMHC Board shall be expanded to three members, Xxxxx Xxxxxxx will resign his position, and Xxxxxxx Xxxxxx and Xxxxxxx Xxxx will each be appointed to fill the two vacancies, such that immediately after the Closing the AMHC Board will consist of XX Xxxx, Xxxxxxx Xxxxxx and Xxxxxxx Xxxx.
As promptly as possible after the Effective Time, and consistent with all applicable regulatory requirements, AMHC shall take all such action as may be necessary (i) to cause Xxx Xxxxxx to be appointed to the AMHC Board to serve until the next annual election of directors of AMHC.
AMHC covenants that none of the AMHC Board or AMHC nor any committee of the AMHC Board shall withdraw or modify, or propose publicly or by formal action of the AMHC Board, any committee of the AMHC Board or AMHC to withdraw or modify, in a manner adverse to the Company, the AMHC Board Recommendation or any other recommendation by the AMHC Board or AMHC of the proposals set forth in the Registration Statement / Proxy Statement.
At Closing, and consistent with all applicable regulatory requirements, AMHC shall take all such action as may be necessary (a) to cause Xxxxxxx Xxxxxx and Xxxxxxx Xxxx to be appointed to the AMHC Board to serve until the next annual election of directors of AMHC, and (b) to cause Xxxxx Xxxxxxx to resign from the AMHC Board.
Each Rollover Option shall otherwise be subject to the same terms and conditions (including applicable vesting, expiration and forfeiture provisions) that applied to the corresponding Company Option immediately prior to the Effective Time, except for such other immaterial administrative or ministerial changes as the AMHC Board (or the compensation committee of the AMHC Board) may determine in good faith are appropriate to effectuate the administration of the Rollover Options.