Common use of Continued Tenure Clause in Contracts

Continued Tenure. The parties hereto acknowledge that nothing contained in this Agreement shall be deemed a guarantee of any New Shareholder's or any Successor Shareholder's continued tenure on the Board of Directors of any of the Professional Corporations.

Appears in 2 contracts

Sources: Credit Succession Agreement (Prospect Medical Holdings Inc), Credit Succession Agreement (Prospect Medical Holdings Inc)

Continued Tenure. The parties hereto acknowledge that nothing contained in this Agreement shall be deemed a guarantee of any New Shareholder's or any Successor Shareholder's continued tenure on the Board board of Directors directors of any of the Professional Corporations.

Appears in 1 contract

Sources: Credit Succession Agreement (Prospect Medical Holdings Inc)