Common use of Board of Directors of Parent Clause in Contracts

Board of Directors of Parent. The Board of Directors of Parent will take all actions necessary such that one member of Company's Board of Directors designated by Company and reasonably acceptable to Parent shall be appointed to Parent's Board of Directors with a term expiring at the next annual meeting of Parent's stockholders and shall include such person in the slate of nominees recommended by Parent's Board of Directors to the stockholders of Parent at such annual meeting.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Mail Com Inc), Agreement and Plan of Merger (Mail Com Inc)

AutoNDA by SimpleDocs

Board of Directors of Parent. The Following the Effective Time, the Board of Directors of Parent will take all actions necessary such that one member of the Company's Board of Directors Directors, designated by the Company and reasonably acceptable to Parent Parent, shall be appointed to Parent's Board of Directors with a term expiring at the next annual meeting of Parent's stockholders following the Effective Time and shall include such person in the slate of nominees recommended by Parent's Board of Directors to the stockholders of Parent at such annual meeting.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Netro Corp)

AutoNDA by SimpleDocs

Board of Directors of Parent. The Parent shall take all such action as may be necessary to cause the Chief Executive Officer of the Company (the “Company Designated Director”) to be appointed to the Board of Directors of Parent will take all actions necessary such that one member as of Company's the first meeting of the Board of Directors designated by Company and reasonably acceptable of Parent after the Effective Time, to Parent shall be appointed to Parent's Board of Directors with a term expiring at serve until the next annual meeting election of directors of Parent's stockholders and shall include such person in the slate of nominees recommended by Parent's Board of Directors to the stockholders of Parent at such annual meeting.

Appears in 1 contract

Samples: Agreement and Plan of Merger and Reorganization (Stantec Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.