Board Election. Concurrently with the Closing, the Board of Directors of the Company shall have been expanded to seven members, two of whom shall be designees of the Purchasers as provided in the Shareholders' Agreement.
Board Election. 27 8.5 Certified Documents, etc ............................................27 8.6 Amendment to Articles of Incorporation ..............................27 8.8
Board Election. Concurrently with the Closing, the Board of Directors of the Company shall have been expanded to comply with the provisions of the Shareholders' Agreement.
Board Election. The Board of Directors of the Company shall have been expanded to eight (8) members and the Investor's two (2) nominees to the Board of Directors shall have been elected, effective as of the First Closing.
Board Election. Charter School Board elections and director qualifications will be as provided in the Charter Law and in the School’s Bylaws.
Board Election. Concurrently with the Closing, the Advent Representative shall have been appointed as a Director of the Company.
Board Election. Concurrently with the Closing, the Board of Directors of the Company shall have been expanded to nine members, four of whom shall be designees of the Purchasers as provided in the Shareholders' Agreement.
Board Election. Premier's Board of Directors shall be constituted of five (5) Directors and shall be classified such that Investor, voting separately, shall be entitled to appoint or elect a number of Directors in proportion to its stake in Premier (rounded down for partial members, but not less than one). Premier will cause the first election of such person(s) to be effective on the Closing Date and will compensate such Board members as it compensates its other Board members. Investor shall be entitled to remove and replace such Director(s), with or without cause, at any time.
Board Election. Parent shall have increased the size of its Board of Directors by one member and shall have appointed a nominee of the Company to serve as such member until the next annual meeting of stockholders or until his or her successor is duly elected, which nominee shall initially be Xxxx Xxxxxx.
Board Election. Concurrently with the Closing, the DB Representative shall have been appointed as a member of the Board of Directors.
