Change of Board Control Sample Clauses

Change of Board Control. Promptly, upon compliance with the requirements of Section 14(f) of the Exchange Act and Rule 14(f)-1 promulgated thereunder two designees of DataMEG shall be appointed to serve the vacant unexpired terms of office of former members of Viola's Board of Directors.
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Change of Board Control. At closing, the current Board of Directors shall tender resignations effective on Closing. Immediately prior to resigning, the Board shall hold a meeting in compliance with the notice or waiver of notice requirements of NAGM and shall then adopt resolutions fixing the size of its Board of Directors of not less than three nor more than nine directors, and shall elect a new Board of Directors which shall include in a shareholder vote and upon filing a Schedule 14F-1 in compliance with Rule 14F of the Securities Exchange Act: Gao Xxx Xxxx Chair Lei Tie Xxxxx Director Effective on the Closing Date, NAGM shall elect new officers of NAGM to consist of, at least, the following persons: Gao Xxx Xxxx President and Executive Director Lei Tie Xxxxx Supervisor
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Change of Board Control. Promptly, upon compliance with the requirements of Section 14(f) of the Exchange Act and Rule 14(f)-1promulgated thereunder * designees of NBR shall be appointed to serve the vacant unexpired terms of office of former members of Datameg's Board of Directors.
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Change of Board Control. At closing, the current Board of Directors shall tender resignations effective on Closing. Immediately prior to resigning, the Board shall hold a meeting in compliance with the notice or waiver of notice requirements of MMTC and shall then adopt resolutions fixing the size of its Board of Directors at not less than three nor more than nine directors, and shall elect a new Board of Directors which shall be appointed by Zhongke and included in a shareholder vote and upon filing a Schedule 14F-1 in compliance with Rule 14F of the Securities Exchange Act: Ao Jiangfeng Chair Ao Jiangfeng Director Effective on the Closing Date, MMTC shall elect new officers of MMTC to consist of, at least, the following persons: Ao Jiangfeng President and Executive Director, Ao Jiangfeng
Sample 1
Change of Board Control. At Closing, the current Board of Directors shall tender resignations effective on Closing. Immediately prior to resigning, the Board shall hold a meeting in compliance with the notice or waiver of notice requirements of NAGM and shall then adopt resolutions fixing the size of its Board of Directors of not less than three nor more than nine directors, and shall elect a new Board of Directors and upon filing of an Information Statement in compliance with Rule 14f of the Securities Exchange Act. Such information statement must be filed with the SEC and cleared for mailing to the NAGM Stockholders at least 10 days prior to Closing. Effective on the Closing Date, the new NAGM Board shall elect new officers of NAGM of its choosing and existing NAGM officers shall resign.
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Related to Change of Board Control

  • Change of Control/Change in Management (i) Any “person” or “group” (as such terms are used in Sections 13(d) and 14(d) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”)), is or becomes the “beneficial owner” (as defined in Rules 13d-3 and 13d-5 under the Exchange Act, except that a Person will be deemed to have “beneficial ownership” of all securities that such Person has the right to acquire, whether such right is exercisable immediately or only after the passage of time), directly or indirectly, of more than 35% of the total voting power of the then outstanding voting stock of the Parent;

  • Change of Control Transaction If the Company or its successor terminates the Employment upon a merger, consolidation, or transfer or sale of all or substantially all of the assets of the Company with or to any other individual(s) or entity (the “Change of Control Transaction”), the Executive shall be entitled to the following severance payments and benefits upon such termination: (1) a lump sum cash payment equal to 12 months of the Executive’s base salary at a rate equal to the greater of his/her annual salary in effect immediate1y prior to the termination, or his/her then current annua1 salary as of the date of such termination; (2) a lump sum cash payment equal to a pro-rated amount of his/her target annual bonus for the year immediately preceding the termination; and (3) immediate vesting of 100% of the then-unvested portion of any outstanding equity awards held by the Executive.

  • Change of Control There occurs any Change of Control; or

  • Prior to a Change in Control If the Final Measurement Date occurs prior to a Change in Control, the Award will be settled in shares of Tyson Class A common stock no later than sixty (60) days after the Final Measurement Date; provided, however, that if the 60-day period for execution and non-revocation of a Release pursuant to Section 3.3 above will span two (2) calendar years, then the settlement of the Award will occur as soon as practicable after, but no earlier than, the first (1st) day of the second (2nd) calendar year.

  • Change in Control For purposes of this Agreement, a "Change in Control" shall mean any of the following events:

  • Termination for Change of Control This Agreement may be terminated immediately by SAP upon written notice to Provider if Provider comes under direct or indirect control of any entity competing with SAP. If before such change Provider has informed SAP of such potential change of control without undue delay, the Parties agree to discuss solutions on how to mitigate such termination impact on Customer, such as stepping into the Customer contract by SAP or by any other Affiliate of Provider or any other form of transition to a third party provider.

  • Change in Control Period “Change in Control Period” means the period of time beginning three (3) months prior to and ending twelve (12) months following a Change in Control.

  • Change of Control Period “Change of Control Period” means the period beginning on the date three (3) months prior to, and ending on the date that is twelve (12) months following, a Change of Control.

  • Change of Control Termination A termination of Executive’s employment by the Company without Cause, by Executive for Good Reason or by Executive upon the expiration of the Term following the Company’s election not to extend the Term, in any case during a Protected Period following a Change of Control, will entitle Executive to the benefits specified in Section 4.3(c).

  • No Change in Control Guarantor shall not permit the occurrence of any direct or indirect Change in Control of Tenant or Guarantor.

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