Size of Board. The Board of Managers will have not less than three nor more than five Managers. The number may be increased or reduced by amendment of this Agreement. The Board of Managers will have five individuals, two of which will be Independent Managers. As of the date of this Agreement, the Board of Managers consists of the following Managers: Xxxxxx X. Xxxxx Xxxx X. Carnarvon Xxxxx X. Xxxxxx Xxxxx X. Xxxxxxx, as Independent Manager Xxxxxxx X. Xxxxxx, as Independent Manager
Size of Board. The Company will take all Necessary Action to ensure that the number of directors serving on the Board shall not exceed seven directors; provided, that the number of directors may be increased if necessary to satisfy the requirements of applicable Laws or the Nasdaq Rules. In the event the size of the Board is increased or decreased at any time to other than seven directors, the Principal Stockholder Group’s designation rights under this Section 3.1 shall be proportionately increased or decreased, respectively, rounded up to the nearest whole number.
Size of Board. Each Stockholder agrees to vote, or cause to be voted, all Voting Shares (as defined below) owned by such Stockholder, or over which such Stockholder has voting control, from time to time and at all times, in whatever manner as shall be necessary to ensure that the size of the Company’s Board of Directors (the “Board”) shall be set and remain at five (5) directors.
Size of Board. As of October 1, 2015, the authorized number of directors on the Board was increased to nine (9) and shall be subject to increase or decrease by the Board from time-to-time, in accordance with the Fifth Amended and Restated Certificate of Incorporation of the Company, as amended, the Bylaws of the Company and this Agreement.
Size of Board. Each Investor shall take all actions, do all things and execute and deliver all documents, including, without limitation, approving an amendment to the Corporation’s Bylaws, and shall cause the Corporation to do the same, as may be necessary to ensure that the number of directors authorized and constituting the entire Board shall be seven (7), subject to increase or decrease in accordance with the terms of the Certificate and pursuant hereto.
Size of Board. The number of Trustees shall always be equal to the number of Member Agencies of CIWW plus one or more Additional Trustees based on population served as provided in Section 4 of this Article.
Size of Board. The Company's Bylaws provides that the number of Directors shall be fixed from time to time by the Board of Directors, but in no event shall be less than the minimum required by law. The Board should be large enough to maintain the Company’s required expertise but not too large to function efficiently. At this time, the Board of Directors believes that the optimal number of Board members is five (5), while recognizing and allowing however, for changing circumstances that may warrant a higher or lower number from time to time.
Size of Board. Xxxxxx shall take all commercially reasonable steps, execute all such documents and do all such acts and things necessary to have the shareholders of Xxxxxx reduce the size of the Board of Directors of Xxxxxx as and from the next annual general meeting of the shareholders of Xxxxxx (which is scheduled to occur on June 4, 2009) from twelve (12) to eight (8), it being understood that Xxxxxx cannot cause the shareholders to approve such reduction. Thereafter and during the remainder of the Term, Xxxxxx shall take all commercially reasonable steps, execute all such documents and do all such acts and things as are necessary to oppose any measure, act or initiative which if successful would result in any change to the size of the Board of Directors of Xxxxxx from eight (8).
Size of Board. The number of seats constituting the entire Board of Managers shall be at least seven (7) (the “Minimum Size”), and no more than thirteen (13) (the “Maximum Size”). The range from the Minimum Size to the Maximum Size is referred to as the “Variable Board Size.” The size of the Board of Managers at any particular time shall be referred to as the “Whole Board.” The size of the Whole Board is currently ten (10). The Board of Managers may, by a resolution, change the number of seats constituting the Whole Board to any number of seats within the Variable Board Size. The Variable Board Size may only be changed if:
Size of Board. Fix and maintain the number of Directors on the Board of Directors of the Company at no more than six (6) members, including Barrx X. Xxxxxxxxx, xxur (4) representatives of the holders of Serial Preferred Stock and one (1) member designated by the chief executive officer of the Company.
