Change of Directors. The directors of the Company immediately prior to the Effective Date shall have resigned.
Change of Directors. At Closing, Etna shall cause one of its current directors to resign and shall appoint two directors as directed by Gareste, subject to the receipt of an executed consent to act and a completed and notarized Form 2A – Personal Information Form or Form 2C1 – Declaration, as applicable, that is acceptable to the TSXV, and, provided the two new directors provide duly executed consents to act as directors, shall provide a copy of the Notice of Articles, register of directors and a directors’ consent resolution or minutes of a duly held meeting evidencing such appointments. The parties recognize that one of the remaining directors of Etna following the Closing must be a Qualified Person, as such term is defined in accordance with Applicable Securities Laws.
Change of Directors. Purchaser shall, at the Closing or as soon as practicable after the Closing, (i) appoint its nominated directors of the Company and (ii) register the resignation of the directors of the Company nominated by Seller and the appointment of the new directors of the Company.
Change of Directors. The Purchaser shall have received from the Seller all the necessary documents to effectuate change of directors of the Subsidiary to individuals designated by the Purchaser.
Change of Directors. The existing Dolat directors shall appoint Xxxxxx Xxxxx Xxxxx as a new Director as well as another designee of Xx. Xxxxx. All existing officers shall resign effective at the closing date.
Change of Directors. BSD will distribute an Information Statement pursuant to Exchange Act Rule 14f-1 as soon as possible after the Closing and the current BSD director will appoint the nominees of Triton as directors of BSD and thereupon resign in accordance with such Information Statement.
Change of Directors. Seller shall remain a director of Axxxxx as long as he is employed by Axxxxx under an employment agreement. The Axxxxx Board of Directors shall consist of a minimum of three (3) members, one of whom shall be Seller. Seller shall have the authority to select senior management and local advisors and consultants, subject to approval by Purchaser’s Board of Directors.
Change of Directors. Following a request by Investec, the Company shall procure that each new director of the Company appointed after the date of this Agreement as a director of the Company shall enter into an Agreement by which he agrees to be bound by the terms of this Agreement which are then binding upon any of the Directors (save that he shall not be liable for any antecedent breaches by any of them).
Change of Directors. The Transferee shall have right to appoint directors to the Company. The new directors to be appointed by the Transferee will be those people who are existing directors of the Company formerly appointed by the Transferor.
Change of Directors. At the Closing, the current Board of Directors and Officers of Xxxxxxx shall submit their written resignations. Sellers shall have visitation rights with respect to all meetings of the Board of Directors of GeoBio, and shall be given Fifteen (15) days advance notice of any said meetings, except in the event of Special Meetings of the Board, which notice provisions shall be consistent with Colorado Law and the Bylaws of GeoBio.
