Size of the Board of Directors. During the term of this Agreement, each Preferred Shareholder agrees to vote all Shares to maintain the authorized numbers of members of the Board so that the Board shall consist of nine (9) members unless otherwise agreed to in writing by the shareholders of the Company in accordance with the Amended Articles.
Size of the Board of Directors. The authorized number of directors on the Company's Board of Directors shall be not less than five and not more than eleven; provided, however, that such number may be increased or decreased by vote of the Board.
Size of the Board of Directors. During the term of this Agreement, each Voting Party agrees to vote all Shares to maintain the authorized number of members of the Board at three directors; provided, however, that authorized number of members of the Board may be subsequently increased or decreased by amending or restating the Restated Certificate in accordance with Delaware General Corporation Law and pursuant to an amendment of this Agreement in accordance with Section 8.11.
Size of the Board of Directors. During the term of this Agreement, each Voting Party agrees to vote all Shares to maintain the authorized number of members of the Board at nine directors.
Size of the Board of Directors. Subject to the provisions of Section 1.1, the Company shall take all necessary action, from time to time and at all times, so as to (i) maintain the total size of the Board of Directors (including vacancies) to permit the Note Holder Nominee to be appointed to the Board of Directors and (ii) ensure that the total size of the Board of Directors does not exceed seven (7) members at any time.
Size of the Board of Directors. Each Stockholder agrees to vote, or cause to be voted, all Shares 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 Board of Directors shall be set and remain at nine (9) directors.
Size of the Board of Directors. 2.4.1. The Company shall recommend to the Board of Directors to take such actions as are necessary so as to (i) increase the number of the Board of Directors from seven (7) to nine (9) directors in accordance with the Charter Documents, (ii) elect and thereafter continue in office as directors of the Company such individuals who may be nominated by the Investor and the Investor shall have the exclusive right to make two (2) nominations of directorships for the newly created Board seats and each director so designated shall sit in Class II which shall be established at the Special Meeting and shall sit for a term expiring at the second succeeding annual meeting of the shareholders of the Company held following the Special Meeting. The Company shall use its best efforts to ensure that within 120 days of the date hereof all such actions are taken and that any actions are proposed to the shareholders of the Company for their approval, if required, by the expiration of such 120 day period.
Size of the Board of Directors. Subject to the terms of Section 3.7, each Holder agrees to vote all shares of Common Stock in such manner as may be necessary to ensure that the size of the Board shall be no less than three (3) directors, including any Chairperson thereof.
Size of the Board of Directors. Each Stockholder hereby agrees to cast all votes to which such Stockholder is entitled in respect of the Shares, whether at any annual or special meeting, by written consent or otherwise, to fix the initial number of members of the board of directors of the Company (the “Board”) at seven (7) members as set forth in Section 2.2. below, and subsequently as the members of the Board may be increased or decreased (subject to Sections 7.1.10 and 7.2.1). The number of authorized members of the Board may not be increased or decreased after the Effective Date unless approved by the Majority Lead Investors and a Majority of the Minority Holders.
Size of the Board of Directors. The number of persons to be elected to the Board of Directors at any meeting of the shareholders of Canadian 88 will be set at nine and shall not be increased without the consent of DEH and Noval.
