Common use of Board Appointment Clause in Contracts

Board Appointment. In the event a Change of Control and a Next Equity Financing do not close as of the Company's termination of its engagement of Seahawk Capital Partners, Inc. (as such engagement is defined in the Term Sheet and as may be amended from time to time), the Company shall use its best efforts to cause ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇, or such other person as nominated by the Requisite Holders, to be appointed to the Company's Board of Directors.

Appears in 3 contracts

Sources: Senior Secured Convertible Promissory Note Purchase Agreement (Amarantus BioSciences, Inc.), Senior Secured Convertible Promissory Note Purchase Agreement (Amarantus BioSciences, Inc.), Senior Secured Convertible Promissory Note Purchase Agreement (Jumpkicks, Inc.)