ELECTION TO THE BOARD OF DIRECTORS Clause Samples
POPULAR SAMPLE Copied 1 times
ELECTION TO THE BOARD OF DIRECTORS. Each affiliate and emerging affiliate member will elect from their coalition two individuals who are recovery support providers to serve on the MCRSP BOD along with their coalition chair. Therefore, each affiliate/emerging affiliate will have three representatives on the BOD. Each of the two elected representatives must be a recovery support provider. If the coalition has members who are not recovery support providers, those individuals will not be eligible to serve on the MCRSP BOD. However, if the coalition has elected a chair who is not a direct recovery support services provider, he/she may serve on the MCRSP BOD in the capacity as one who agrees to serve with no conflict of interest. There will not be members at large elected to the BOD. Each Chartered Task Force Chair shall be a member of the BOD and shall have one vote. These shall include: Chairs of the Housing Task Force, Marketing Task Force, Governance Task Force, Technical Assistance/Conference Task Force, RSS Task Force, and Advocacy Task Force. A Past Chair may serve on the BOD in an Emeritus position as long as the individual would desire to serve in this capacity. All Past Chairs will have the opportunity to serve in this capacity. There will be no term limits for members of the BOD. The affiliate/emerging affiliates must determine whether or not their representatives will have term limits. The five regions (NW, SW, Central, E, SE) will not be limited on the number of affiliates or emerging affiliates. However, the MCRSP BOD has the power to approve or deny an application. Applicants must demonstrate that at least six member organizations are recovery support providers; that there has been communication demonstrating a working relationship with current regional affiliates; and/or the applicant would support the goals and objectives of MCRSP.
ELECTION TO THE BOARD OF DIRECTORS. Within five (5) Business Days of ---------------------------------- the First Closing, the Company shall cause two nominees of the Purchaser who are reasonably satisfactory to the Company to be elected to the Company's Board of Directors and shall, so long as the Purchaser or any affiliate of the Purchaser beneficially owns twenty-five percent (25%) or more of the Company's Common Stock, use its best efforts to see that two such nominees of the Purchaser are elected to the Company's Board of Directors.
ELECTION TO THE BOARD OF DIRECTORS. The Company shall use its reasonable best efforts to cause Employee to be elected to the Company Board of Directors as soon as reasonably practicable after the date hereof; provided, however, that in any event, the Company shall cause Employee to be designated as one of the Company's nominees for election as director at the Company's annual meeting held in 2005.
ELECTION TO THE BOARD OF DIRECTORS. The Company shall use its best efforts to cause the Executive to be elected to the Board of Directors of the Company (or any successor entity as ultimately constitutes the holding company for the Company and its current and future affiliates) throughout the Initial Term of this Employment Agreement, and any Renewal Period thereof, and the Company agrees to include the Executive in the management slate for election as a director at every stockholders' meeting at which the Executive's term as a director would otherwise expire, provided that the Executive agrees to immediately resign from the Board of Directors of the Company upon any termination of or resignation from his employment hereunder for any reason.
ELECTION TO THE BOARD OF DIRECTORS. Upon the Commencement Date, the Executive shall be elected as a member of the Board of Directors of the Company. During the term of this Agreement, the Board of Directors shall use reasonable efforts to nominate the Executive for continued service on the Board of Directors. The Executive shall receive no additional compensation for service on the Board of Directors.
ELECTION TO THE BOARD OF DIRECTORS. (a) The Company shall nominate Executive to be elected to the Company's Board of Directors at the first meeting of the Board of Directors after the Start Date.
(b) Upon Executive's cessation of employment with the Company for any reason, Executive shall thereupon be deemed to have resigned from the Board of Directors of the Company, every parent or subsidiary of the Company on which he is then serving as a director, and any other company on which Executive is then serving at the request of the Company as a director, in each case effective as of the date of cessation of employment.