AUGI Sample Clauses

AUGI. As soon as is reasonably practicable without undue expense to AUGI but, in any event, not later than thirty days following consummation of the Merger, AUGI shall cause Xxxxxx to be elected to the Board of Directors of AUGI. For so long as Xxxxxx X. Xxxxx shall continue to remain as a principal stockholder and executive officer of AUGI, at the request of Xxxxxx, he shall use his best efforts to cause AUGI to undertake to continue to designate Xxxxxx as a Director of AUGI for so long as Xxxxxx shall own an aggregate of not less than 75,000 shares of AUGI Common Stock.
Sample 1
AUGI. (a) On the Closing Date, all members of the AUGI Board of Directors, with the exception of C. Xxxx XxXxxx ("XxXxxx"), shall tender their resignations as directors of AUGI and all of its consolidated subsidiaries (other than IDF and WPEC). EPC, Sr., EPC, Jr. and four (4) additional persons designed by Enterprises (collectively, with EPC, Sr. and EPC, Jr., the "Enterprises AUGI Designees") shall be designated to fill the vacancies created by the resignations of the prior six (6) AUGI directors. The entire AUGI Board of Directors to take office from and after the Closing Date, including all six (6) of the Enterprises AUGI Designees and XxXxxx shall have been voted upon and approved by the holders of a majority of the outstanding AUGI Common Stock at the Special AUGI Stockholders Meeting referred to in Section 4 below.
Sample 1
AUGI. Kraft and the Kraft Shareholders have entered into that certain Share Purchase Agreement dated August 9, 2005 (the "Purchase Agreement"); and
Sample 1

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