Board Nominee Sample Clauses

Board Nominee. Subject to compliance with the Investment Company Act of 1940, as amended, and the rules and regulations promulgated thereunder, the Company covenants and agrees that so long as Prides Capital Partners, LLC and its affiliates ("Prides") is a shareholder owning beneficially five percent (5%) or more of the Company's outstanding voting shares, the Company will cause one person to be selected by Prides to be nominated for election as a director at each annual meeting of shareholders of the Company commencing with the Company's next annual meeting of shareholders and, further, to use its best efforts to cause such nominee to be elected.
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Board Nominee. In addition to such rights as the Lenders may have in relation to the Borrower’s board of directors under any other agreement or in any other capacity, the Borrower shall ensure that there shall at all times be on its board of directors one nominee of the Majority Lenders unless the Majority Lenders agree otherwise.
Board Nominee. As of the Closing Date, the Board shall have an authorized size of six (6) directors, and Xx. Xxx Xx shall have been appointed to the Board as a nominee of the Purchaser (such member of the Board appointed pursuant to this Section 5.1, a “Purchaser Nominee”).
Board Nominee. At each of the next two annual meetings of stockholders where directors are elected, the Company agrees to place Hunter’s designee on the slate of directors for nomination to the Board at each such meeting. In addition, the Company agrees to cause a proposal to be put in front of the Board of Directors for its consideration at its next regular meeting following Hunter’s selection of a designee to elect such designee to a vacancy presently existing as of the date hereof on the Board of Directors.
Board Nominee. (a) The Company agrees:
Board Nominee. Upon the written request of Aura, Ontro's Board of Directors shall appoint to a vacant seat or other seat the Board of Directors has the power to appoint a person to on Ontro's Board of Directors one individual designated by Aura who is approved by Ontro which approval shall not be unreasonably withheld.
Board Nominee. For so long as any shares of the Preferred Stock remains outstanding, the Company shall use its best efforts to nominate Xxxx Xxxxxx, or another individual designated by the majority of the outstanding Preferred Stock, for election to the Board of Directors of the Company and shall take all actions necessary and use all reasonable endeavors (including obtaining the consent of the officers, directors, significant stockholders and affiliates of the Company) to ensure Xx. Xxxxxx'x or such designee's election to the Board of Directors.
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Board Nominee. If, prior to the consummation of the Acquisition, the Company should invite the Bidders to submit the name of a nominee for appointment to the Board of Directors of the Company, the Bidders shall unanimously agree upon the identity of such nominee prior to submitting his or her name to the Company.
Board Nominee. The Company, acting through the Company’s Board of Directors, agrees to immediately following the Closing, in accordance with applicable law and the Company’s certificate of incorporation and bylaws, elect the person designated by Prides Capital Fund I, LP (“Prides”) to the Company’s Board of Directors for a term expiring on the date of the Company’s annual meeting to be held in 2009.
Board Nominee. The Investor is entitled but not obliged to at any time while it holds the Harmony Notes to nominate one representative of the Investor (including any replacement) to the Board of Directors of the Company. Any person so nominated will be subject to the retirement by rotation at the Company’s next annual general meeting in accordance with the Company’s constitution.
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