Examples of Company Bank Board in a sentence
The Company Board Reconstitution and the Company Bank Board Reconstitution have been duly and validly approved by the Board of Directors and the Company Bank Board and no other corporate proceedings on the part of the Company or Company Bank are necessary to approve the Company Board Reconstitution or the Company Bank Board Reconstitution.
The Company Bank Board shall consist of at least nine (9) members during the Director Rights Period.
Each Investor Director shall be appointed to the Board of Directors or the Company Bank Board, as applicable, promptly following the satisfaction of the Board Non-Objections applicable to such appointment.
As of the date hereof, the Bank Merger Agreement has been adopted and approved by the Company Bank Board and by the Company in its capacity as the sole shareholder of Company Bank.
The Company agrees that at all times during the Directors Rights Period, each committee of the Board of Directors and Company Bank Board will have at least two (2) members other than an Investor Director.
The Company shall provide the Investor Directors with copies of all notices, minutes, consents and other materials provided to all other members of the Board of Directors or Company Bank Board, as applicable, concurrently as such materials are provided to the other members (the “Board Materials”).
The Company shall not treat the Investor Directors differently with respect to conflicts of interest relative to how the Company treats other members of the Board of Directors or Company Bank Board, as applicable, with respect to conflicts of interest.
The Company shall, as promptly as reasonably practicable, reconstitute the Company Bank Board (the “Company Bank Board Reconstitution”) so that (i) the number of directors that will comprise the Company Bank Board shall be ten (10) and (ii) four (4) members of the Company Bank Board shall be designees of or serve at the recommendation of the Purchaser and the Other Investors (the “Investor Company Bank Directors” and, collectively with the Investor Company Directors, the “Investor Directors”).
On the first day of trial, the government orally presented the district court with the following description of the parties’ agreement:The government believes that [the causation of death issue is] a sentencing factor and addresses the mandatory minimum sentence in this case, which would be 20 years … .
The Company Board and the Company Bank Board (i) adopted this Agreement and determined that this Agreement and the transactions contemplated hereby, including the Merger, are advisable and in the best interests of the holders of Company Common Stock and (ii) voted to recommend that the holders of Company Common Stock vote for the approval of this Agreement at the Company Meeting.