Election to Board. As a condition to Employee’s obligations hereunder, he will be elected to the Company’s Board of Directors, and each year during the Term the Company will cause the Employee to be nominated to serve in such capacity.
Election to Board. As long as the Employee remains the Chief Executive Officer of the Employer, the Employer shall use its best efforts to cause the Employee to continue to be elected to the Board of Directors.
Election to Board. Each of Iveco and Nikola shall vote at the appropriate general meeting of the Company in favor of the resolutions appointing the other Party’s nominees to the Board.
Election to Board. Immediately prior to the Closing, Telcom, as the sole stockholder of PCS Holdings, will, after consultation with the lead underwriters for PCS Holding's proposed public offering, elect one of the non-Percom members of the Bright PCS Management Committee to the board of Directors of PCS Holdings.
Election to Board. Upon Closing, the Purchaser shall take such action as may be necessary to cause the Board of Directors of the Purchaser to nominate and recommend to the shareholders of the Purchaser, as members of the Board for so long as the shareholder owns or has rights to own, directly or indirectly, at least 220,000 shares of common stock, at any annual or special meeting of stockholders of the Purchaser called for the purpose of voting on the election of directors, or by consensual action of shareholders of the Purchaser with respect to the election of directors, two of the Shareholder's designees.
Election to Board. If Xxxxx X. XxXxxxx shall have acquired an aggregate of 7,000,000 Parent Common Shares either in connection with the Merger or pursuant to Section 3.02(c) hereof, at the first meeting of Parent's Board of Directors following the Effective Time, Parent shall use reasonable best efforts to increase the size of its Board of Directors and shall take such other action as may be necessary to appoint Xxxxx X. XxXxxxx to the vacancy created thereby.
Election to Board. Upon the execution of this Letter Agreement, AdCare Health Systems, Inc. (the “Company”) shall increase the size of its board of directors (the “Board”) from nine to ten members and shall simultaneously cause its directors to fill the vacancy created thereby by electing Xxxxxxx X. Xxx (“MJF”) to the Board for a term that will expire at the Company’s next annual meeting of stockholders, which meeting is expected to be held in December 2013 (the “2013 Annual Meeting”). The Company agrees thereafter to include MJF in its slate of nominees for election as a Class I director at the 2013 Annual Meeting to hold office until the Company’s 2014 annual meeting of stockholders (a “Class I Director”), which meeting is expected to be held in June 2014, and to use its reasonable best efforts to cause the re-election of MJF to the Board as a Class I Director at the 2013 Annual Meeting (including, without limitation, recommending that the Company’s stockholders vote in favor of the re-election of MJF to the Board as a Class I Director in the Company’s proxy statement for the 2013 Annual Meeting).
Election to Board. For such time as the Convertible Note remains outstanding, the Borrower shall take such action as may be necessary to cause the Board of Directors of Borrower to nominate and recommend to the shareholders of the Borrower, as a proposed member of the Board, at any annual or special meeting of shareholders of the Borrower called for the purpose of voting on the election of directors, or by consensual action of shareholders of the Borrower with respect to the election of directors, one (1) of the Lender's designees if the Board of Directors consists of three (3) members and two of the Lender's designees if the Board of Directors is to consist of five (5) members.
Election to Board. The Employer shall use its commercially reasonable efforts to, as soon as practicable following the Effective Date, appoint the Employee as a member of the Board of Directors, provided that such appointment shall be made in compliance with all applicable stock exchange requirements. Prior to such appointment, the Employee shall be entitled to attend all meetings of the Board of Directors, except for executive sessions thereof. Following such appointment, as long as the Employee remains the Chief Executive Officer of the Employer, the Employer shall use its best efforts to cause the Employee to continue to be elected to the Board of Directors.
Election to Board. Parent agrees to amend its Bylaws ----------------- prior to the Closing in accordance with Section 1.1 of the Stockholders' Agreement in the form annexed hereto as Schedule 4.9. Contemporaneously with ------------ the Closing, Xxxxxxx X. Xxxxx, Xxxxx X. Xxxxxxx and Xxxxxx X. Xxxxxx (such individuals and any replacements thereof, "Sellers' Designees") shall be elected to Parent's Board of Directors.
