Full Control Sample Clauses

Full Control. The current management team for the Company will continue to operate, and full operational control will be retained by existing shareholders/management unless the Board of Directors determines otherwise due to a breach of the Shareholders Agreement, ongoing poor performance, or if structural changes are recommended in line with the laws governed by this Agreement, which will be decided and approved by the new Board of Directors.
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Full Control. The first party will obtain immediate control with execution of this agreement. Full operational control will be retained by existing the management unless the new Board of Directors determines otherwise due to a breach of this Agreement, ongoing poor performance, or if structural changes are recommended in line with the laws governed by this Agreement which will be decided and approved by the new Board of Directors of the Company.

Related to Full Control

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

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

  • Majority Control Except as expressly provided herein, any action that may be taken by the Certificateholders under this Trust Agreement may be taken by the Holders of Certificates evidencing not less than a majority Percentage Interest of the Certificates. Except as expressly provided herein, any written notice of the Certificateholders delivered pursuant to this Trust Agreement shall be effective if signed by Holders of Certificates evidencing not less than a majority Percentage Interest of the Certificates at the time of the delivery of such notice.

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