Appointment to the Board of Directors. Upon issuance of the Stock --------------------------------------- Certificate to Optionee, the Company shall identify three people, who are satisfactory to the Optionee, to recommend to the existing directors to fill three vacancies on the Board of Directors of the Company. Upon election to the Company's Board of Directors of persons satisfactory to the Optionee, the two current directors of the Company's Board of Directors have indicated their intention to resign immediately.
Appointment to the Board of Directors. On or prior to the Separation Date, Executive will be appointed to the Board of Directors of the Company (the “Board of Directors”). Executive’s continued service as a director will be subject to approval by the Board of Directors in its sole discretion of Executive’s nomination for election by the shareholders of the Company at each annual meeting of shareholders (or special meeting in lieu thereof) at which Executive is required to stand for election and to Executive’s election by the shareholders of the Company by the requisite vote of shareholders under applicable law, listing standards and the Company’s articles of incorporation and bylaws (each as a may be amended and restated from time to time). Executive may be removed as a director in accordance with applicable law and the provisions of the Company’s articles of incorporation and bylaws (each as a may be amended and restated from time to time). At all times while serving as a member of the Board of Directors, Executive will comply with all policies, procedures, processes, codes, rules, standards and guidelines applicable to members of the Board of Directors.
Appointment to the Board of Directors. You will be appointed to the Board of Directors of Aspyra and will hold the term of office until the Company’s next Annual Shareholders Meeting at which time you will need to go through the nomination process and be re-elected by shareholder vote.
Appointment to the Board of Directors. The Company hereby appoints and retains Xx. Xxxxxx X. Kennedy (the "Director"), on a non-exclusive basis, during the Term to serve as a member of its Board of Directors.
Appointment to the Board of Directors. 4.1. The Executive will be appointed as a member of the Board. No additional compensation will be payable for the Executive’s position as a director of Thera.
Appointment to the Board of Directors. The Company agrees to nominate Executive to the Board of Directors of the Company from time to time as necessary to permit Executive to serve on such Board throughout the term of this Agreement.
Appointment to the Board of Directors. 2.1.1 From and after the Effective Date, and until the provisions of this Section 2 cease to be effective, each Shareholder shall vote all Shares held by such Shareholder, and take all such steps as may be necessary, including through the exercise of their respective voting power, so that the following persons shall be elected to the Board of Directors of the Company:
Appointment to the Board of Directors. The Executive shall be elected to the Board of Directors of the Corporation as soon as is reasonably practicable following the date hereof. In the interim period prior to the Executive's formal appointment to the Board of Directors of the Corporation, the Executive shall be entitled to observer status. The Executive's entitlement to serve as a member of the Board of Directors of the Corporation is effective so long as the Executive continues to serve in his capacity as President and Chief Operating Officer of the Corporation. Upon the appointment of the Executive to Board of Directors of the Corporation, the Executive shall receive directors' and officers' insurance pursuant to the terms of such policies issued to and held by the Corporation from time to time.
Appointment to the Board of Directors. As long as Investor shall beneficially own at least Three Million (3,000,000) Deemed Common Shares, at the Investor’s request, the Company will cause Investor to be appointed to the Company’s Board of Directors to serve until the following annual meeting of shareholders and until a successor is elected. The Investor may voluntarily terminate the right set forth in this Section 3.4 by his written, signed election to do so, which election shall make reference to this Section 3.4.
Appointment to the Board of Directors. The Nominating and Governance Committee (the “Nominating Committee”) of the Parent Board will, on or prior to the Closing Date, in accordance with the Nominating Committee’s charter, (i) approve the expansion of the Parent Board to nine (9) members, and (ii) recommend to the full Parent Board that Seller be appointed to serve on the Parent Board as a Class II director (whose term shall expire at the annual meeting of the shareholders of Parent held in 2015, subject to re-nomination and election by the shareholders), and the full Parent Board will approve the expansion of the Parent Board and the appointment of Seller as a member thereon, in each case, effective as of the Closing Date. The Nominating Committee of the Parent Board will, at any time during the two (2) year period following the Closing Date, at the request of Seller and in accordance with the Nominating Committee’s charter, approve a second appointment to the Parent Board by Seller, subject to the approval of the Nominating Committee and the Parent Board acting in accordance with their fiduciary duties (but such approval not to be unreasonably withheld), appoint an additional designee of Seller to serve on the Parent Board as a Class I director.
