Examples of Board of Directors Approval in a sentence
SCN has full power and authority (including full corporate power and authority) to execute and deliver this Agreement, to issue the SCN Shares to be issued in connection with this Agreement and otherwise to perform its obligations hereunder; provided, however, that SCN cannot consummate the transaction unless and until it receives the Requisite SCN Board of Directors Approval.
Board of Directors Approval The contents of this Circular and the sending thereof to the Shareholders of the Corporation have been approved by the Board.
Therefore, any matter that would be deemed to be a Shareholder Approval Matter or a Board of Directors Approval Matter, when it relates to a Subsidiary, shall be treated as a Board of Directors Approval Matter, and, therefore, before the Company exercises its voting rights in the Subsidiary in favor of any such matter, the matter shall be voted at a Company's Board of Directors' meeting and receive the necessary approval required for any Board of Directors Approval Matter.
Validity/ Board of Directors Approval: Any and all of SPFC's and BOMAC's obligations hereunder are expressly conditioned upon approval of their respective Boards of Directors.
Subject to the Company's Board of Directors' Approval and as may be required under the applicable law, the Company's Shareholders Meeting, the Company may pay to the Employees an annual bonus based on certain criteria which shall be determined by the Company's Board of Directors.
Also, subject to Bank's Board of Directors Approval, Employee shall participate in the Bank's Deferred Bonus Plan.
Name of Seller /s/Kim Adolphe/s/ Name of Person Signing President and CEO Title Sept., 24, 1999 Date 126 Board of Directors Approval and Waiver of Meeting I, ____________________, a duly elected Board of Directors member of Salient Cybertech, Inc.
Notwithstanding anything contained herein to the contrary, the Compensation Committee, subject to Board of Directors Approval, retains the right to change the method of determination of Incentive Compensation to account for circumstances which were not anticipated at the time of the Plan design or establishment of annual targets and objectives.
The number of Homestake Shares subject to your 1998 Contingent Right will be that number of Homestake Shares which have a fair market value, on the day your cash bonus for 1998 is approved by the Homestake Board of Directors ("Approval Date"), equal to 150% of the amount of cash bonus for 1998 that is foregone by you.
Conditions to the Obligations of Buyers 5 7.1 Representations and Warranties True 5 7.2. Performance 5 7.3. No Proceedings, Litigation, Injunction 6 7.4 Board of Directors Approval 6 8.