BOARD CONTROL definition

BOARD CONTROL. The new board members appointed by Investor will not agree to any stock split, reverse merger, equity conversions, or take any action that is dilutive to shareholders, except for the transactions that are expressly agreed to in this agreement or without written approval from ▇▇▇▇▇▇, which approval will not be unreasonably withheld.
BOARD CONTROL means MHL, Afripalm Resources, Afripalm1 and/or Afripalm2 and HDSAs having appointed such number of nominee directors of the Sponsor as, when aggregated with the other HDSA directors of the Sponsor, constitute a majority of directors on the board of the Sponsor);
BOARD CONTROL means having such number of nominee directors of the Sponsor as, when aggregated with the other directors of the Sponsor who are HDSAs, constitutes a majority of the directors thereof); 10.

More Definitions of BOARD CONTROL

BOARD CONTROL means having such number of nominee directors of Mvela Resources as constitutes a majority of the directors thereof; and