Number of Seats Sample Clauses

Number of Seats. A board of representatives of the Company (the “Board”) is hereby established, and shall be comprised of natural Persons (each such Person, a “Representative”) who shall be appointed in accordance with the provisions of this Section 4.01. The Board initially shall consist of three Representatives, all of which shall be designated by Silver Wolf (collectively, the “Silver Wolf Representatives”); provided, however, that the number of Representatives may be increased or decreased, and the associated rights to designate any such Representative may be reallocated with the prior approval of the Board. Silver Wolf hereby designates Xxxx X. Xxxxxxx, as the initial Silver Wolf Representatives. Xxxx X. Xxxxxxx shall be the initial Chairman of the Board. Each Member agrees that it will vote its Units or execute a written consent, as the case may be, and take all other necessary action (including causing the Company to call a special meeting of the Members), in order to ensure that the composition of the Board is as set forth in this Section 4.01. The Company agrees that it will take all actions that are necessary and within its power in order to ensure that the composition of the Board is as set forth in this Section 4.01.
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Number of Seats. PTI shall have three directors and one Supervisors, two of director shall be nominated by PIXELPLUS and one by the Existing Shareholders. The Chairman of the Board of Directors shall be nominated PIXELPLUS. The Parties agree to vote their shares in the Company to elect the Chairman and the directors so nominated. The term of office of the Directors shall be three years. Within any said term, PIXELPLUS and the Existing Shareholders shall have the right to designate at any time natural persons as substitutes for, or successors of, the directors they originally nominated.
Number of Seats. Except as set forth in this Agreement, the number of Seats authorized to use any Product shall not exceed the Number of Seats without the prior approval of Xxxx. In the event that the Number of Seats is exceeded by the Client, Client shall pay to Xxxx an additional license fee as follows: (a) $20 for each additional Seat between 5001-10,000 Seats , (b) $15 for each additional Seat over between 10,000 and 20,000 Seats and (c) $10 for each additional Seat over 20,000.

Related to Number of Seats

  • Number of Units The Participant is granted the number of RSUs as specified in the Participant’s account under the 0000 XXX grant, administered by Fidelity Investments or any successor thereto (“Fidelity”). A RSU is a hypothetical share of Verizon’s common stock. The value of a RSU on any given date shall be equal to the closing price of Verizon’s common stock on the New York Stock Exchange (“NYSE”) as of such date. A Dividend Equivalent Unit (“DEU”) or fraction thereof shall be added to each RSU each time that a dividend is paid on Verizon’s common stock. The amount of each DEU shall be equal to the corresponding dividend paid on a share of Verizon’s common stock. The DEU shall be converted into RSUs or fractions thereof based upon the closing price of Verizon’s common stock traded on the NYSE on the dividend payment date of each declared dividend on Verizon’s common stock, and such RSUs or fractions thereof shall be added to the Participant’s RSU balance. To the extent that Fidelity or the Company makes an error, including but not limited to an administrative error with respect to the number or value of the RSUs granted to the Participant under this Agreement, the DEUs credited to the Participant’s account or the amount of the final award payment, the Company or Fidelity specifically reserves the right to correct such error at any time and the Participant agrees that he or she shall be legally bound by any corrective action taken by the Company or Fidelity.

  • Number of Votes With respect to all meetings of stockholders of Parent at which holders of Parent Common Shares are entitled to vote (each, a “Parent Meeting”) and with respect to all written consents sought by Parent from its stockholders including the holders of Parent Common Shares (each, a “Parent Consent”), each Beneficiary shall be entitled to instruct Trustee to cast and exercise one of the votes comprised in the Voting Rights for each Exchangeable Share owned of record by such Beneficiary on the record date established by Parent or by applicable law for such Parent Meeting or Parent Consent, as the case may be (the “Beneficiary Votes”), in respect of each matter, question, proposal or proposition to be voted on at such Parent Meeting or in connection with such Parent Consent.

  • Number of Shares This Warrant shall be exercisable for the Initial Shares, plus the Additional Shares, if any (collectively, and as may be adjusted from time to time pursuant to the provisions of this Warrant, the “Shares”).

  • Number of Managers The initial number of Managers shall be one (1) Manager. The number of Managers may be changed by the vote or consent of the Member.

  • Number, etc Unless the context otherwise requires, words importing the singular shall include the plural and vice versa and words importing any gender shall include all genders.

  • Limit on Number of Partners Unless otherwise permitted by the General Partner in its sole and absolute discretion, no Person shall be admitted to the Partnership as an Additional Limited Partner if the effect of such admission would be to cause the Partnership to have a number of Partners that would cause the Partnership to become a reporting company under the Exchange Act.

  • Years of Service (i) A Participant’s Years of Service shall include all service performed for the Employer and ¨ Shall ¨ Shall Not include service performed for the Related Employer.

  • Adjustment to Number of Shares Upon each adjustment of the Exercise Price pursuant to Section 4.01, each Warrant shall thereupon evidence the right to purchase that number of shares of Common Stock (calculated to the nearest 1/10,000th of a share) obtained by multiplying the number of shares of Common Stock purchasable immediately prior to such adjustment upon exercise of the Warrant by the Exercise Price in effect immediately prior to such adjustment and dividing the product so obtained by the Exercise Price in effect immediately after such adjustment.

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