Common use of Board Appointment Clause in Contracts

Board Appointment. (i) The Purchaser shall have obtained a duly executed resignation and mutual release of each director and officer of the Purchaser not remaining as a director or officer of the Purchaser following Closing in form and substance acceptable to CoinAnalyst, acting reasonably; and (ii) the shareholders of the Purchaser shall have approved the appointment of the nominees to the Purchaser's board of directors effective immediately following Closing.

Appears in 1 contract

Sources: Business Combination Agreement

Board Appointment. (i) The Purchaser shall have obtained a duly executed resignation and mutual release of each director and officer of the Purchaser not remaining as a director or officer of the Purchaser following Closing in form and substance acceptable to CoinAnalystRBX and Skinject, each acting reasonably; and (ii) the shareholders of the Purchaser shall have approved the appointment of the nominees to the Purchaser's board of directors effective immediately following Closing.

Appears in 1 contract

Sources: Business Combination Agreement (Medicus Pharma Ltd.)

Board Appointment. (i) The Purchaser shall have obtained a duly executed resignation and mutual release of each director and officer of the Purchaser not remaining as a director or officer of the Purchaser following Closing in form and substance acceptable to CoinAnalyst, RBX acting reasonably; and (ii) the shareholders of the Purchaser shall have approved the appointment of the nominees to the Purchaser's board of directors effective immediately following Closing.

Appears in 1 contract

Sources: Business Combination Agreement (Medicus Pharma Ltd.)