Common use of Board of Directors of the Company Clause in Contracts

Board of Directors of the Company. (a) At the Effective Date, the Board of Directors shall be composed of eight members. CDP (or any representative thereof designated by CDP) shall be entitled, but not required, to nominate five members to the Board of Directors (collectively, the “CDP Designees”), and DHW (or any representative thereof designated by DHW) shall be entitled, but not required, to nominate two members to the Board of Directors (collectively, the “DHW Designees”).

Appears in 3 contracts

Samples: Shareholder and Voting Agreement (Granite City Food & Brewery LTD), Shareholder and Voting Agreement (Concept Development Partners LLC), Shareholder and Voting Agreement (DHW Leasing, L.L.C.)

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