Common use of Required Approvals of Continuing Directors Clause in Contracts

Required Approvals of Continuing Directors. Notwithstanding anything to the contrary set forth in this Agreement, from the Appointment Time through the Effective Time, the approval of a majority of the Continuing Directors (or the sole Continuing Director if there shall be only 1 Continuing Director) shall be required in order to:

Appears in 3 contracts

Samples: Agreement and Plan of Merger (Nuance Communications, Inc.), Agreement and Plan of Merger (Nuance Communications, Inc.), Agreement and Plan of Merger (Transcend Services Inc)

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Required Approvals of Continuing Directors. Notwithstanding anything to the contrary set forth in this Agreement, from in the Appointment Time through event that Parent’s designees are elected or appointed to the Company Board prior to the Effective TimeTime pursuant to Section 1.3(a) and there shall be any Continuing Directors, the approval of a majority of the such Continuing Directors (or the sole Continuing Director if there shall be only 1 one (1) Continuing Director) shall be required in order to:

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Autodesk Inc), Agreement and Plan of Merger (Moldflow Corp)

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Required Approvals of Continuing Directors. Notwithstanding anything to the contrary set forth in this Agreement, from the Appointment Time through the Effective Time, the approval of a majority of the Continuing Directors (or the sole Continuing Director if there shall be only 1 one (1) Continuing Director) shall be required in order to:

Appears in 2 contracts

Samples: Acquisition Agreement (Salesforce Com Inc), Acquisition Agreement (ExactTarget, Inc.)

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