Examples of Board Representation Agreement in a sentence
Scripps entered into a Board Representation Agreement dated March 14, 1986 in connection with the JPSN Merger.
The Board Representation Agreement terminates upon the earlier of the termination of The Xxxxxx X.
On March 7, 2019, the Company and the Henrys terminated the Stock Purchase Agreement and entered into a Board Representation Agreement that maintained the Henrys’ right to appoint a representative to our board and to the board of the Bank.
For so long as the Board Representation Agreement is in effect, this Charter will be interpreted to be consistent with such agreement.
Pursuant to the Board Representation Agreement, for so long as the Henrys, or a lineal descendant of the Henrys, or an entity formed for their benefit, holds in aggregate 5.0% or more of our outstanding shares of common stock, the Company must nominate their representative to serve on the board of each of the Company and the Bank, subject to any required regulatory and shareholder approvals.