Examples of Post-Closing Board in a sentence
During the term of this Agreement, each Voting Party agrees to vote all shares of capital stock of Parent that such Voting Party owns from time to time and are entitled to vote (hereinafter referred to as the “Voting Shares”) in the election of the Post-Closing Board of Directors, in accordance with the provisions of this Agreement, whether at a regular or special meeting of stockholders or by written consent.
During the term of this Agreement, each Voting Party agrees to vote all Voting Shares for the election as members of the Post-Closing Board of Directors of each nominee designated by the Sponsor at each regular or special meeting of Parent stockholders where such nominee stands for such election at such meeting.
In the event of a discrepancy between the price quoted in words and in figures, thewords shall control.
During the term of this Agreement, the parties hereto agree that they shall, and shall cause their respective successors to, maintain the size of the Post-Closing Board of Directors at five (5) directors.
Please DO NOT send this entire document, but only the filled out form itself(between the "cut here" marks).
The Post-Closing Board will hold meetings as often as the business and interests of the Company shall require and at least once every quarter.
Under Luxembourg law and the Articles of Association, any member of the Post-Closing Board having directly or indirectly a financial interest (intérêt de nature patrimoniale) in a transaction submitted for approval to thePost-Closing Board that conflicts with that of the Company shall be obliged to advise the Post-Closing Board of the conflict and to cause a record of his statement to be included in the minutes of the meeting of the Post-Closing Board as applicable.
Such Losses arising from the current litigation shall be paid, in the sole discretion of the Post-Closing Board of Directors, by (i) the return for cancellation of Escrow Shares in accordance with the terms of the Escrow Agreement (valued at $10.60 per share), or (ii) the payment in cash by the Members.
The Nomination Committee will, among other things, consider matters relating to the appointment of the Directors and members to the Post-Closing Board committees.
The LTIP may be wholly or partially amended or otherwise modified, suspended or terminated at any time or from time to time by the Post-Closing Board; provided that, subject to the rules of the LTIP, no amendment, suspension or termination of the LTIP shall, without the consent of the participant, materially and adversely affect any rights or obligations under any Award previously granted or awarded, unless the Award itself otherwise expressly so provides.