Number; Qualifications. The Board of Directors shall consist of one or more members. The initial number of directors shall be one (1) and thereafter shall be fixed from time to time by resolution of the Board of Directors. No decrease in the authorized number of directors constituting the Board of Directors shall shorten the term of any incumbent director. Directors need not be stockholders of the Corporation.
Appears in 3 contracts
Sources: Merger Agreement (Splunk Inc), Merger Agreement (Cisco Systems, Inc.), Merger Agreement (Broadsoft, Inc.)
Number; Qualifications. The Board of Directors shall consist of one three or more members. The initial , and initially shall consist of seven (7) members; provided, however, the number of directors shall may be one (1) and thereafter shall be fixed increased or decreased from time to time by resolution of the Board of Directors. No decrease in the authorized number of directors constituting the Board of Directors shall shorten the term of any incumbent director. Directors need not be stockholders of the Corporationstockholders.
Appears in 2 contracts
Sources: Merger Agreement (Team America Inc), Merger Agreement (Vsource Inc)
Number; Qualifications. The Board of Directors shall consist of one or more members. The initial number of directors shall be one two (12) and thereafter shall be fixed from time to time by resolution of the Board of Directors. No decrease in the authorized number of directors constituting the Board of Directors shall shorten the term of any incumbent director. Directors need not be stockholders of the Corporation.
Appears in 2 contracts
Sources: Merger Agreement (IntraLinks Holdings, Inc.), Merger Agreement (Synchronoss Technologies Inc)
Number; Qualifications. The Board of Directors shall consist of one or more members. The initial number of directors shall be one (1) and thereafter shall be fixed from time to time by resolution of the Board of Directors. No decrease in the authorized number of directors constituting the Board of Directors shall shorten the term of any incumbent director. Directors need not be stockholders of the Corporation.. The initial Board of Directors shall be: ▇▇▇▇▇ ▇▇▇▇▇▇ – Director ▇▇▇▇▇▇▇ ▇▇▇ – Director
Appears in 1 contract
Sources: Merger Agreement (Synacor, Inc.)