Common use of Board Declaration Clause in Contracts

Board Declaration. With respect to this Agreement, the Board adopts a resolution declaring that a Potential Change in Control has occurred.

Appears in 41 contracts

Sources: Change in Control Severance Agreement (Versar Inc), Severance Agreement (Versar Inc), Severance Agreement (Versar Inc)

Board Declaration. With respect to this Agreement, the The Board adopts a resolution declaring that to the effect that, for purposes of this Agreement, a Potential Change in Control has occurred.

Appears in 9 contracts

Sources: Indemnification Agreement (Mosaic ImmunoEngineering Inc.), Indemnification Agreement (Hercules Capital, Inc.), Indemnification Agreement (Hercules Technology Growth Capital Inc)