Acquiror Company Board definition

Acquiror Company Board means the Board of Directors of the Acquiror Company.

Acquiror Company Board means the Board of Directors of the Acquiror Company and "Acquiror Company Shareholders" means any shareholder of the Acquiror Company who owns beneficially or of record in excess of twenty (20%) percent of the issued and outstanding common stock of the Acquiror Company. If there is no Acquiror Company Shareholders, all references to such are deem to be surplus and are of no force and effect.

Examples of Acquiror Company Board in a sentence

• The Acquiror Company Board, by unanimous written consent, has determined that this Agreement and the transactions contemplated by this Agreement are advisable and in the best interests of the Acquiror Company’s stockholders and has duly authorized this Agreement and the transactions contemplated by this Agreement.

• The execution, delivery and performance by the Acquiror Company of this Agreement and each of the Transaction Documents to which the Acquiror Company is a party have been duly authorized by all necessary corporate action and do not require from the Acquiror Company Board or the stockholders of the Acquiror Company any consent or approval that has not been validly and lawfully obtained.

• The execution, delivery and performance by the Acquiror Company of this Agreement and each of the Transaction Documents to which the Acquiror Company is a party have been duly authorized by all necessary corporate action and do not require from the Acquiror Company Board any consent or approval that has not been validly and lawfully obtained except for approval by the Acquiror Company stockholders.

• The execution, delivery and performance by the Acquiror Company of this Agreement and each of the Transaction Documents to which the Acquiror Company is a party have been duly authorized by all necessary corporate action and do not require from the Acquiror Company Board any consent or approval that has not been validly and lawfully obtained.

• The Acquiror Company Board, at a meeting duly called and held, has determined that this Agreement and the transactions contemplated by this Agreement are advisable and in the best interests of the Acquiror Company’s stockholders and has duly authorized this Agreement and the transactions contemplated by this Agreement.

• On the Closing Date, Xxxx Xxx, the current President and a member of the Acquiror Company Board, shall nominate each of Xxx Xxxxxx, Xx Xxxx and Kun (Xxxxx) Wei as a member of the Acquiror Company Board, Xx Xxxx will be nominated Chairman of the Acquiror Company Board, such nominations to be effective on the tenth day after mailing the Schedule 14(f) to the stockholders of record of the Acquiror Company (the “Effective Time”).

• On the Closing Date, Xxx Xxxx and Xxxxx Xxx, current directors of the Acquiror Company Board, shall tender their resignation as a director of the Acquiror Company to be effective at the Effective Time.

• The Acquiror Company Board shall appoint Xxxx Xxx to serve as Chief Financial Officer, Treasurer and Secretary and Xxx Xxxxxx to serve as President and Chief Executive Officer.

• The Acquiror Company Board, by unanimous consent, has determined that this Agreement and the transactions contemplated by this Agreement are advisable and in the best interests of the Acquiror Company’s stockholders and has duly authorized this Agreement and the transactions contemplated by this Agreement.

• The Acquiror Company Board, at a meeting duly called and held, has determined that this Agreement and the transactions contemplated by this Agreement are advisable and in the best interests of the Acquiror Company's stockholders and has duly authorized this Agreement and the transactions contemplated by this Agreement.