Common use of Change in Board of Directors Clause in Contracts

Change in Board of Directors. Members of the Incumbent Board cease to constitute at least a majority of the members of the Board;

Appears in 6 contracts

Sources: Indemnification Agreement (Ener-Core Inc.), Indemnification Agreement (Amphastar Pharmaceuticals, Inc.), Indemnification Agreement (Amphastar Pharmaceuticals, Inc.)

Change in Board of Directors. Members Individuals who, as of the Incumbent date hereof constitute the Board of Directors, cease for any reason to constitute at least a majority of the members of the Board;

Appears in 1 contract

Sources: Indemnification Agreement (Northwestern Corp)