Representative Director. The Company shall have one (1) Representative Director, who shall be elected by a resolution of the Board. The Representative Director shall serve as president and chief executive officer of the Company and shall represent the Company, observe and enforce the matters resolved by the Board and the General Meeting of Shareholders and be responsible for the general management of the Company. The term of office of the Representative Director shall be three (3) years; provided, however, that if such term expires before the close of the ordinary General Meeting of Shareholders concerning the last fiscal year that ended during the three-year term, it shall be extended until the close of such General Meeting of Shareholders. The Representative Director shall be nominated and elected as follows:
Representative Director. (a) The JV Company shall have one (1) Representative Director, who shall have a term of three (3) years. The Representative Director shall be appointed, removed and terminated by the Bloom Energy Directors.
Representative Director. E-LOAN JAPAN's day-to-day operations shall be managed by the President of E-LOAN JAPAN, who shall be a Representative Director nominated by SB Finance from among the directors of E-LOAN JAPAN. SB Finance shall have the right, exercisable in its sole discretion, to remove and replace the President at any time, effective upon the delivery of written notice to E-LOAN JAPAN, the President and the other shareholders of E-LOAN JAPAN. In the event of a vacancy in the office of a the President for any reason (including removal in accordance with the preceding sentence), the vacancy shall be filled by SB Finance.
Representative Director. Moon shall be the Representative Director.
Representative Director. The Company's day-to-day operations will be managed by the President, who shall be the Representative Director of the Company in accordance with the Articles. The President shall be elected by the Board from among the Directors nominated by SOFTBANK pursuant to Section 4.2. SOFTBANK shall have the right, exercisablel in its sole discretion, to remove and replace the President at any time, effective upon the delivery of written notice to the Company, the President and INSWEB.
Representative Director. The Company shall have one (1) representative Director (daihyou-torishimari-yaku, the “Representative Director”), who shall be nominated by SoftBank and approved by the Board. The initial Representative Director shall be Xx. Xxxxxxx Xxxxxxxx. [***] Information has been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment has been requested with respect to the omitted portions.
Representative Director. The President and Chief Executive Officer of JVC and the (or one of the) director or directors designated by a Holder of minority Shares shall each be a Representative Director of JVC and each enter into the Representative Director Agreement in a form substantially similar to EXHIBIT C. If the individual designated by the Holder of minority Shares resigns as Representative Director or becomes unable to serve, another individual shall be designated to be a Representative Director.
Representative Director. Promptly following the date hereof (and in any event prior to the Closing Date), the Buyer Group shall offer an engagement contract to the MJP representative director listed on Schedule 5.8(g) (the “MJP Representative Director”) to be the representative director of Newco. The offered contract shall include an offer of compensation substantially consistent with the current compensation of such MJP Representative Director and otherwise be reasonable in terms of typical representative director arrangements in Japan. Unless this Agreement is terminated pursuant to its terms, such offer of engagement shall not be subsequently cancelled, amended or withdrawn during the 30 day period following the Closing Date without the prior written consent of MJP. The MJP Representative Director will resign from MJP in connection with the Closing. MJP has determined that the MJP Representative Director is entitled to a retirement allowance payment for all his credited years of service to MJP pursuant to the Retirement Allowance Plan and this payment shall be made by MJP in connection with the MJP Representative Director’s resignation. Newco shall reimburse MJP in cash for the amount of such payment, which reimbursement will be made in twelve (12) equal monthly payments beginning December 15, 2011
Representative Director. The Company shall have one Representative Director to be selected by K-W from among the directors nominated by K-W. The Representative Director shall be assigned the title of President and shall have the day-to-day operating responsibility for the Company under the overall supervision of the Board of Directors and the Statutory Auditor (see Section 4.8); provided, however, that such day-to-day operation responsibility may be delegated or subcontracted to consultants and/or asset managers as approved by the Board of Directors.
Representative Director. (Daihyo Torishimariyaku) Newco will have two representative directors, one selected by TCI from among the two directors TCI appoints, and the other selected by PCC from among the two directors appointed by PCC.
