Company Bylaws refer to the bylaws of the Target Company to be established by its Board of Directors.
Company Bylaws. The Company shall use its best efforts to obtain shareholder approval for, and take all steps necessary to adopt, amended and restated bylaws (and the Investors acknowledge that the bylaws must be acceptable to CA) within 60 days after the Closing, and prepare and file a preliminary Schedule 14C information statement relating to the adoption and amendment of the Company bylaws within 15 days from the Closing Date.
Company Bylaws. Pursuant to the Company’s Bylaws in substantially the form of Exhibit B (the “Bylaws”), the authorized number of directors of the Company is seven (7), of which two (2) directors are reserved for the holders of the Series A Preferred Stock, to the extent that such holders are entitled to elect representatives on the Company’s Board of Directors pursuant to the Certificate of Designations.
Company Bylaws. Tower, Proeza and the Company agree to cause the Company to adopt, at or prior to the Closing, the Company Bylaws, which will set forth such of the provisions in the Shareholders Agreement as are enforceable only if included in the bylaws of a company, so as to preserve the rights and responsibilities of the parties contemplated by and pursuant to the Shareholders Agreement, and will include such other provisions as are customary, necessary and appropriate.