Common use of Election of Board of Directors Clause in Contracts

Election of Board of Directors. (a) So long as Investor is entitled to designate two directors of the Company's Board of Directors in accordance with the provisions of Section 4.3 hereof, except to the extent otherwise provided herein, the Company shall take all reasonably necessary or appropriate action to assist in the nomination and election as directors of the two individuals designated by Investor to be elected as directors of the Company.

Appears in 4 contracts

Samples: Investment Agreement (Davel Communications Group Inc), Investment Agreement (Samstock LLC), Investment Agreement (Egi Dm Invetments LLC)

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Election of Board of Directors. (a) So long as Investor is entitled to designate two directors of the Company's Board of Directors in accordance with the provisions of Section 4.3 hereof, except to the extent otherwise provided herein, the Company shall take all reasonably necessary or appropriate action to assist in the nomination and election as directors of the two individuals designated by Investor to be elected as directors of the Company.. (Exhibit 1)

Appears in 1 contract

Samples: Investment Agreement (Samstock LLC)

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