Examples of Governance Period in a sentence
If the Foundational Code, the coordination of the Governance Period and/or provision of the Vote Interface are affected, hindered or made impossible in whole or in part by a Force Majeure Event, this shall under no circumstances be deemed a breach of this Agreement and no loss or damage shall be claimed by reason thereof.
An Agreement Termination Event occurs if, during the Governance Period, a Governance Token Holder ceases to be a Party to this Agreement and the Tracer DAO, or if a Proposal for removal (in accordance with clause 10) or resignation is submitted to the Tracer DAO and passed successfully.
The Initial Governance Tokens are distributed to Participants that claim Governance Tokens from the Tracer DAO Smart Contract during the Governance Period.
Xxxxx (the “CEO Agreement”), the Board shall designate Xx. Xxxxx as the chief executive officer of the Company during the Governance Period and, during such period, shall not and shall cause the Company not to amend, modify or terminate the CEO Agreement without the unanimous vote of the members of the Board.
These Governance Guidelines may be amended or modified from time to time by the Board, provided that, prior to the end of the Governance Period, any amendment, modification or termination of (i) Section A (Functions of the Board —Directors) or (ii) Exhibit A attached hereto shall require the unanimous vote of the members of the Board.
The Ensco Directors and Rowan Directors shall (unless and until any of the circumstances set out in Section 1.4(d) of the Transaction Agreement arises and subject to this Section 2) serve as directors of the Company during the Governance Period.
The DeNFT DAO Smart Contracts will be fully controlled by the DeNFT DAO from the start of the Governance Period.
The Issuance of Governance Tokens are distributed to Participants that claim Governance Tokens from the DeNFT DAO Smart Contract during the Governance Period.
In the Governance Period, all DeNFT DAO decisions shall be made via Proposals by Governance Token Holders in accordance with the Governance Parameters and the DeNFT DAO System.
An Agreement Termination Event occurs if, during the Governance Period, a Governance Token Holder ceases to be a Party to this Agreement and the DeNFT DAO, or if a Proposal for removal (in accordance with clause 10) or resignation is submitted to the DeNFT DAO and passed successfully.