Common use of Pubco Board of Directors Clause in Contracts

Pubco Board of Directors. The current directors of Pubco will adopt resolutions appointing Xxxx Xxxxxxx, Wennan Li, Xxx Xxx and Xxxxxx Xxxx to the board of directors of Pubco and will accept the resignation of Xxxxxx XxXxxxxx, which appointment and resignation will be effective on Closing or, if applicable, ten days after the filing of a Schedule 14f-1 in connection with the Transaction. If applicable, Pubco will prepare and file a Schedule 14f-1 information statement with the SEC as required under the Exchange Act in connection with the change of directors arising in connection with the completion of the Transaction.

Pubco Board of Directors. The current directors of Pubco will adopt resolutions appointing Xxxx Xxxxxxxtwo nominees of ARC Investment Partners LLC, Wennan Li, Xxx Xxx and Xxxxxx Xxxx to the board Board of directors Directors of Pubco and will accept the resignation of Xxxxxx XxXxxxxx, which appointment and resignation will be effective on Closing or, if applicable, ten days after the filing of a Schedule 14f-1 in connection with the Transaction. If applicable, Pubco will prepare and file a Schedule 14f-1 information statement with the SEC as required under the Exchange Act in connection with the change of directors arising in connection with the completion of the Transaction.

Pubco Board of Directors. The Immediately upon the Closing, the current directors of Pubco will adopt resolutions appointing Xxxx Xxxxxxx, Wennan Li, Xxx Xxx and Xxxxxx Xxxx new directors to the board of directors for Pubco consisting of Pubco Xxxxx Xxxxx, Xxxxxx Xxxxxxx, Xxxxx Xxxxxxx, Xxxxxxxxx Xxxxxx Xxxx and will accept the resignation of Xxxxxx XxXxxxxxXxxxxxx Xxxxxxx, which appointment and resignation appointments will be effective on Closing or, if applicable, ten days after the filing of a Schedule 14f-1 in connection with the Transaction. If applicable, Pubco will prepare and file a Schedule 14f-1 information statement with the SEC as required under the Exchange Act in connection with the change of directors arising in connection with the completion of the Transaction.

Pubco Board of Directors. The current directors of Pubco will adopt resolutions appointing Xxxx Xxxxxxx, Wennan Li, Xxx Xxx Xxxx and Xxxxxx Xxxx Xxxxx Xxxxxxxxxx to the board Board of directors Directors of Pubco and will accept the resignation of Xxxxxx XxXxxxxxPubco, which appointment and resignation appointments will be effective on Closing or, if applicable, ten days after the filing of a Schedule 14f-1 in connection with the Transaction. If applicable, Pubco will prepare and file a Schedule 14f-1 information statement with the SEC as required under the Exchange Act in connection with the change of directors arising in connection with the completion of the Transaction.

Pubco Board of Directors. The current directors of Pubco will adopt resolutions appointing Xxxx Xxxxxxxappointing, Wennan Li, Xxx Xxx Jxxxxxx Dash and Xxxxxx Xxxx Rxxxxxx X. Xxxxx to the board Board of directors Directors of Pubco and will accept the resignation of Xxxxxx XxXxxxxxPubco, which appointment and resignation will be effective on Closing or, if applicable, ten days after the filing of a Schedule 14f-1 in connection with the Transaction. If applicable, Pubco will prepare and file a Schedule 14f-1 information statement with the SEC as required under the Exchange Act in connection with the change of directors arising in connection with the completion of the Transaction.

Pubco Board of Directors. The current directors of Pubco will adopt resolutions appointing Xxxx XxxxxxxXxxx Xxx, Wennan LiXxxx Xxx Wing, Xxxxxx X. Xxxxxx and Xxx Xxx and Xxxxxx Xxxx Xxxxx to the board Board of directors Directors of Pubco and will accept the resignation resignations of Xxxxxx XxXxxxxxXxxxxxxx and Xxx Xxxx as directors of Pubco, which appointment appointments and resignation resignations will be effective on Closing or, if applicable, ten days after the filing of a Schedule 14f-1 in connection with the Transaction. If applicable, Pubco will prepare and file a Schedule 14f-1 information statement with the SEC as required under the Exchange Act in connection with the change of directors arising in connection with the completion of the Transaction.