Examples of Board Appointment Date in a sentence
The Company shall use its reasonable best efforts to cause the Board Appointment Date to be the same day as the Acceptance Time.
Without in any way limiting any party’s rights or obligations under this Agreement, the parties understand and agree that (i) nothing contained in this Agreement shall give Parent or Merger Sub, directly or indirectly, the right to control or direct the Company’s operations prior to the Board Appointment Date, and (ii) prior to the Board Appointment Date, the Company shall exercise, subject to the terms and conditions of this Agreement, complete control and supervision over its operations.
Ivancic, “Checksum Ciphersuites for the Bundle Protocol,” work in progress as an internet-draft, draft-irtf-dtnrg-bundle-checksum-02, March 2008.
For a period of six years after the Board Appointment Date, Parent shall cause the certificate of incorporation and by-laws of the Surviving Corporation to contain provisions no less favorable with respect to indemnification and limitation of liabilities of Indemnified Parties and advancement of expenses than are set forth as of the date of this Agreement in the Company Certificate of Incorporation and Company By-laws to the extent permitted by applicable Law.
Without in any way limiting any party’s rights or obligations under this Agreement, the parties understand and agree that (a) nothing contained in this Agreement shall give Parent or Merger Sub, directly or indirectly, the right to control or direct the Company’s operations prior to the Board Appointment Date, and (b) prior to the Board Appointment Date, the Company shall exercise, subject to the terms and conditions of this Agreement, complete control and supervision over its operations.
Finally, although we do not code proposed changes, it is interest- ing to note that the 2005 JJ Irani Report on Company Law Reform (available at http://www.primedirectors.com/pdf/JJ%20Irani% 20Report-MCA.pdf) proposes to remove public control of self- dealing by directors and instead to require a general meeting re- solution.
The Parties further agree that the rights of third party beneficiaries under Section 7.12 shall not arise unless and until the occurrence of the earlier of the Board Appointment Date or Effective Time.
In addition, on the Board Appointment Date, subject to applicable Law and stock exchange listing standards, the Company will cause persons designated by Purchaser to constitute a majority of each committee of the Board of Directors, other than the Special Committee.
Subject to clause 48, each of the Initial Board Members will cease to hold office as a Board Member at the start of the New Board Appointment Date, but may be appointed by the BAP, or elected, to hold office as a Board Member on and from that date.
City State Zip Code SS# Board Appointment Date DESIGNATED BENEFICIARY: Please Print Last Name, First Name MI Beneficiary’s Street Address City State Zip Code Beneficiary’s Social Security Number I understand that in the event of my death, the above named beneficiary will have control of any unexercised options remaining in my account at that time.