Board Election. The Board of Directors of the Company shall have been expanded to eight (8) members and the Investor's two (2) nominees to the Board of Directors shall have been elected, effective as of the First Closing.
Appears in 2 contracts
Sources: Securities Purchase Agreement (Crown Acquisition Partners LLC), Securities Purchase Agreement (Equity Marketing Inc)
Board Election. The Board of Directors of the Company shall have been expanded to eight seven (8) 7) members and the Investor's two three (23) nominees to the Board of Directors shall have been elected, effective as of following the First Closing.
Appears in 1 contract