Member of the Board. During the Term (as defined below), ------------------- prior to any stockholder meeting at which directors will be elected (or prior to the circulation of any written consent in respect of the election of directors), the Company shall nominate Executive to be a member of the Board and of the Board of Directors of the Company's principal United States operating subsidiary.
Member of the Board. (a) Throughout the first thirty-six (36) months of the Term Executive shall serve as Chairman of the Board. Furthermore, if the Company shall at any time during the first thirty-six (36) months of the Term have an Executive Committee of the Board, Executive shall serve as a member of the Executive Committee unless either Xxxxxx Xxxxx or Xxxxx Xxxxx (collectively, together with Executive, hereinafter being referred to as the "Founders") serve on such Committee. The Company agrees that it shall nominate Executive for election as a Director of the Company (and, if applicable, a member of its Executive Committee) at all elections during the first thirty six (36) months of the Term unless Executive declines to stand for election.
Member of the Board. For so long as the Purchaser and its Affiliates Beneficially Own more than 10% of the Company’s outstanding Common Stock, then, subject to applicable law and the rules and regulations of the SEC and the NASDAQ Stock Market, the Company will nominate and use its commercially reasonable efforts to cause to be elected and cause to remain as a director on the Board one (1) individual designated by the Purchaser.
Member of the Board. Throughout the Term, Xxxxxx shall be eligible to serve as a Director of the Company and a member of the Board. The Company agrees that it shall nominate Xxxxxx for election as a Director of the Company at all elections of the members of the Board during the Term unless Xxxxxx declines to stand for election.
Member of the Board. During the Term, the Executive shall also serve as a member of the Board and as a member of the board of directors of Vanguard provided that he is elected to serve in accordance with the Company’s and Vanguard’s by-laws and applicable law. During the Term, the Company shall include the Executive in management’s slate of directors for the Board, Vanguard’s board of directors and boards of directors of the Company’s subsidiaries as determined by the Board. If Executive is not elected to serve as a member of the Board or the Vanguard board of directors at any time during the Term, he shall have Good Reason to terminate his employment under this Agreement pursuant to Section 6.3 hereof.
Member of the Board. Upon commencement of the Agreement Term, the Company will use its best efforts to cause Executive to be elected to serve as a director of the Board and, throughout the Agreement Term, as a member of the board of directors of any affiliate or subsidiary of the Company. Executive’s participation on any committee of the Company or any subsidiary or affiliate of the Company shall be determined by the Board in its sole discretion. Immediately upon termination of Executive’s employment with the Company for any reason, if so requested by the Board, Executive will resign any and all positions held by him, whether as an officer of the Company or director on the Board or on the board of directors of any subsidiary or affiliate of the Company or as a member of any committees thereof.