Parent Board of Directors. The Board of Directors of Parent will take all actions necessary such that two members of Company's Board of Directors reasonably acceptable to Parent, at least one of whom is an independent director of the Company's Board of Directors, shall be appointed to Parent's Board of Directors as of the Effective Time with a term expiring at the next annual meeting of Parent's stockholders.
Parent Board of Directors. At the Effective Time, the Board of Directors of Parent, in accordance with applicable law and the Parent Charter Documents, shall take all necessary action (which action may include the resignation of existing directors) to cause the Board of Directors of Parent, as of the Effective Time, to appoint each of Xxxxxxx Xxxxxxxx, Xxxxxxx Xxxxxx, Xxxxx Xxxxx, Xxxxxxx Xxxxxxxxx, Xxxxx Xxxx and Xxxxx Xxxxxx as directors of Parent.
Parent Board of Directors. As soon as practicable after the Effective Time, Parent shall use reasonable efforts to nominate and appoint: (i) a nominee designated by the Company to Class I of its Board of Directors to serve until the annual meeting of stockholders to be held in 1999; (ii) Xxxxxx X. Xxxxxxxx, or such other nominee designated by the Company, to Class II of its Board of Directors to serve until the annual meeting of stockholders to be held in 2000; and (iii)
Parent Board of Directors. Effective at the Effective Time, Parent shall increase the size of its Board of Directors by adding three directorships and elect Mr. S. Jay Xxxxxxx xxx two other current directors of the Company to be mutually agreed by the Company and Parent.
Parent Board of Directors. At the Effective Time, Parent shall cause one then existing member of the Company’s board of directors (selected by the Company and reasonably acceptable to Parent) to be elected to the board of directors of Parent.
Parent Board of Directors. All actions necessary in order for ------------------------- the New Directors to become members of the Parent Board of Directors upon the Effective Time in accordance with Section 5.14 shall have occurred.
Parent Board of Directors. All actions necessary in order for the New Directors nominated solely by the Company (and if a third nominee is mutually agreed and accepts such nomination, such jointly nominated New Director) to become members of the Parent Board of Directors, and to adopt the Parent Bylaw Amendment and to effect the Parent Appointment Confirmation, upon the Effective Time shall have occurred.
Parent Board of Directors. (a) PARENT shall take all necessary steps such that at Closing the Board of Directors of PARENT and of ACQUISITION CORP. each initially shall consist of eight (8) persons, at least four (4) of whom shall be "independent directors" within the meaning of applicable rules and regulations of the SEC and the American Stock Exchange, as follows:
Parent Board of Directors. The Board of Directors of Parent will take all actions reasonably necessary, such that, effective upon the Effective Time, R. Jamex Xxxxx ("Xr. Xxxxx") xnd one other person, as determined by Parent's Board of Directors and the Company, shall be appointed to Parent's Board of Directors.
Parent Board of Directors. At or before the Effective Time, the Board of Directors of Parent will take all action necessary to expand the size of the Parent Board of Directors by five directors and to:
