Board Positions. 14.1 JW must be appointed a Director of ADA upon commencement of employment.
Board Positions. As soon as the Company receives the Minimum Bridge Subscriptions, and thereafter until the end of the first fiscal year that begins after the close of the first Public Offering, the Company shall elect, or cause the election of, two representatives selected by APS Financial to the Company's Board of Directors. Such directors shall be entitled to reimbursement of all reasonable travel and lodging expenses incurred in attending meetings. Polar Molecular Corporation January 16, 2001 Page 13 Notwithstanding the foregoing, if in connection with the Secondary Placement, or any subsequent equity financing by the Company, any investor investing $1,000,000 or more in such financing desires or demands to be, or have a representative on, the Company's Board of Directors, then APS Financial will relinquish one of its Board seats in order to allow the Company to accommodate such request. The initial APS Financial representatives shall be Xxxx Xxxxxxx and Xxxxxx Xxxxxxx. Thereafter, during the period APS Financial is entitled to designate any directors pursuant to this Section, it shall be entitled to present any persons it desires to name as replacement Board representatives to the Company and such persons shall be considered in good faith by the Company for approval subject to commercially reasonable standards for Board membership; provided the Company's approval shall not be unreasonably withheld. Furthermore, in the event an APS Financial Board representative can not attend a Board meeting, then APS Financial shall be entitled to have substitute representatives attend or otherwise participate in meetings whenever the current designated director(s) are unable to do so for a maximum of two successive Board meetings or two months (whichever is the greater time span).
Board Positions. So long as any Preferred Shares are outstanding, if the Registration Statement (as defined in the Registration Rights Agreement) is not declared effective within 180 days of the Closing Date, CIC shall use its best efforts to nominate and cause the election of a person designated by the holders of a majority of the Preferred Stock then outstanding to serve on the Board of Directors of CIC until the Restrictive Covenant Termination Date. CIC represents, warrants and covenants that it has the authority and ability to, and shall, increase the size of the Board of Directors of CIC if necessary to comply with the provisions of this paragraph.
Board Positions. Executive may maintain her position as a member of the board of directors or other committees of the following entities: The Federal Reserve Board of the 12/th/ District, Seattle Branch; Gargoyles, Inc.; The University of Washington; and BrooksSports, Inc. Executive agrees not to join any additional boards of directors without the prior written consent of the Company.
Board Positions. From the ANR Board, the LFI Board and the SPI Board;
Board Positions. The Company and the Purchaser hereby agree that --------------- (i) at least one representative of one of the stockholders of the Company, designated in writing by the Company, shall be appointed by the Board of Directors of the Purchaser to serve as a director of the Purchaser, if the Purchaser so elects within 60 days of the Closing and (ii) that the Purchaser shall be entitled to designate, within 60 days of the Closing, one representative to the Company's Board of Directors (who shall be Xxxxx X. Xxxxx, President and Chief Executive Officer of the Purchaser, as long as Xx. Xxxxx is employed by the Purchaser); provided, that such right shall terminate at the -------- earliest to occur of (a) an initial public offering of the Company's Common Stock, (b) ten (10) years from the date hereof or (c) if at any time from and after July 29, 1997 the Purchaser does not own at least 15% of the outstanding Common Stock.
Board Positions. Any replacement to Xxxxx X. X’Xxxxxxx, Jnr or Xxxxxxxx X. Xxxxx to the board of HPPI must be appointed with the unanimous approval of all remaining board members.
Board Positions. You shall remain Vice Chairman and Board Member of NTS, Inc. through the June 2006 Shareholders meeting, at which time you voluntarily shall resign from the Board. Although you will not be a Board member after June 2006, you agree, if requested by the Chairman or CEO, to attend Board meetings and/or senior level meetings to provide advice and guidance on certain matters. Further, you agree that for the Term you shall, if requested, continue to serve as a director on the Board of any subsidiaries of National Technical Systems, Inc. as requested by the CEO.
Board Positions. 4.1 Xxxxxx agrees to continue to serve as Chairman of the Board of Directors of Synovus and as Chairman of the Board of Directors of Columbus Bank and Trust Company (“CB&T”). Synovus and Xxxxxx agree to review Xxxxxx’x Board of Director positions and memberships on a periodic basis during the term of this Agreement.
Board Positions. (Chairman of Rotary REAP will be Chairman of Community Scholarship Board), President, and President Elect WKCTC 2 Board Positions PJC Foundation 1 Board Position Paducah Independent Schools 1 Board Position (Superintendent/designee) XxXxxxxxx County Schools 1 Board Position (Superintendent/designee) City of Paducah 1 Board Position (Designee of Mayor) XxXxxxxxx County Government 1 Board Position (Designee of County Judge Executive) Community At Large 2 Positions Rotary Club President Ex-officio Board Member Exhibit D Role of Community Scholarship Program Board Provide general oversight to the Community Scholarship Program Work with CSP partners to develop and implement a promotional strategy that keeps the program visible in the community and encourages students and parents to participate Evaluate, over time, and adjust CSP guidelines-criteria, if necessary, to increase program effectiveness in achieving its goals Track CSP performance results against initial benchmark data and progress toward meeting its goals Identify issues/problems that are hindering the achievement of program goals and engage/assist appropriate CSP partners in development of strategy to address these issues Provide an annual progress report of program results to all CSP partners Review and determine qualifications and eligibility of any student variance from established guideline -Fall 2007 Benchmark Data Benchmark and Progress Indicators Exhibit E Percent of XxXxxxxxx County high school graduates transitioning to postsecondary Percent of XxXxxxxxx County high school graduates attending WKCTC in fall immediately after high school graduation Percent of XxXxxxxxx County high school graduates not attending postsecondary Retention rate of first-time WKCTC students from XxXxxxxxx County Percent of XxXxxxxxx County high school graduates completing degree, diploma or industry certification Progress Indicators Number of 8th grade students enrolled in CSP as a percentage of total number of 8th grade students Number of CSP applicants meeting criteria each consecutive year of participation Annual GPA of CSP participants compared to class level GPA ACT scores of CSP participants compared to class level score
