Examples of United Board in a sentence
This Agreement and the transactions contemplated hereby have been authorized by all necessary corporate action of United and the United Board.
The execution and delivery of this Agreement and the transactions contemplated hereby have been authorized by all necessary corporate action of United and the United Board.
TD Banknorth shall take all action necessary to elect two non-employee members of the current Hxxxxx United Board selected by Hxxxxx United who are reasonably acceptable to TD Banknorth and meet its director eligibility requirements as Class A directors of TD Banknorth as of the Effective Time.
This Agreement and the transactions contemplated hereby have been unanimously approved by the Hxxxxx United Board and the Hxxxxx United Board has determined that the restrictions contained in Article IX of the Hxxxxx United Certificate shall not be applicable to this Agreement or the transactions contemplated hereby.
The United Board has approved this Agreement and the transactions contemplated hereby and has adopted all other such resolutions, in each case as required to render inapplicable to such agreements and transactions Delaware Law Section 203, and, to United’s knowledge, there are no other similar “takeover” or “interested stockholder” Laws applicable to the transactions contemplated by this Agreement (any such Laws, “Takeover Statutes”).
The United Board will recommend that the United shareholders approve the Articles Amendment.
Xxxxxx to be elected as non-executive Chairman of the United Board unless he is not the Chief Executive Officer of United immediately prior to the Effective Time.
Subject in the case of this Agreement to receipt of the requisite approval by the holders of a majority of the outstanding shares of United Common Stock entitled to vote thereon of the Articles Amendment (which is the only shareholder vote required thereon), this Agreement, the Stock Option Agreement and the transactions contemplated hereby and thereby have been authorized by all necessary corporate action of United and the United Board prior to the date hereof.
It is intended that a majority of the in-person meetings of the United Board in each calendar year shall be held in the Greater Chicago Metropolitan Area.
Without limiting the generality of the foregoing, at the Effective Time, the United Board shall have adopted a resolution that the Continental Directors who are elected to the United Board at the Effective Time in accordance with Section 6.11(c) will be deemed to be “continuing directors” of United.