Board Appointee definition
Examples of Board Appointee in a sentence
MHCRC Board Appointee shall have the same rights , with the exception of voting rights, as the other members of ▇▇▇▇▇▇▇'s Board of Directors to monitor and participate in all Board-related affairs of Grantees.
Grantee accepts and shall seat the MHCRC's designee as a non-voting member of its Board (MHCRC Board Appointee).
Grantee shall, upon reasonable request, provide MHCRC Board Appointee and Grant Manager with copies of all relevant information regarding ▇▇▇▇▇▇▇'s financial affairs, internal business affairs, and accounting and inventory systems.
Notwithstanding the foregoing, at and immediately following Closing, the Parties agree that the Board will consist of (A) four (4) Board Appointees nominated by the Committee and (B) one (1) Board Appointee nominated by the Seller Parties, instead of the numbers (three (3) and two (2), respectively) noted above.
The Company understands that, by virtue of her appointment to the Board, Appointee shall be included as a filing person (inclusive of any shares of Common Stock beneficially owned by Appointee) on such amended Schedule 13D.
The President and One (1) Elected Executive Board Appointee (by President) of the Association will be placed on paid leave from their regularly assigned Fire Department duties to conduct the business of the Local during their terms in office of the Association.
Furthermore, from the date hereof until the Purchasers no longer holds any Securities, (the “Appointment Period”), the Purchasers shall have the right, but not the obligation, to appoint the Board Appointee to the Board of Directors and Purchasers holding a majority in interest of the Debentures may terminate such right by providing written notice to the Company.
Grantee shall provide the MHCRC Board Appointee and Grant Manager adequate notice of the time, date, and location of all meetings of Grantee's Board of Directors and committees thereof; and provide all relevant materials distributed prior to, at, or subsequent to such meetings.
Each Seller and each Board Appointee shall have delivered to Buyer a duly executed lock-up agreement, in a form mutually agreed to by, Buyer and each Seller.
Grantee shall provide the MHCRC Board Appointee and Grant Manager notice of the time, date and location of all meetings of ▇▇▇▇▇▇▇'s Board of Directors and committees thereof, and provide all relevant materials distributed prior to, at or subsequent to such meetings, in the same manner and at the same time as other members of the Grantee’s Board.