Designation of Director. At Closing, the Principal GoSolutions Stockholders shall identify to VEDO an individual, acceptable to VEDO, for service on VEDO's Board of Directors (the "GOSOLUTIONS DESIGNEE"). The Principal GoSolutions Stockholders shall forward such recommendation to VEDO's Board of Directors, who shall nominate and recommend, in the same manner as for any other nominee of the Board of Directors, the GoSolutions Designee for election by VEDO's stockholders during VEDO's next regularly scheduled election of directors. The Principal VEDO Stockholders, as defined below, shall execute and deliver at Closing, a Voting Agreement in the form attached hereto as EXHIBIT G (the "PRINCIPAL VEDO STOCKHOLDERS VOTING AGREEMENT") pursuant to which the Principal VEDO Stockholders shall agree to vote affirmatively for the election of the GoSolutions Designee to the VEDO Board of Directors. "PRINCIPAL VEDO STOCKHOLDERS" shall mean Barron Partners, LP and C. Alan and Joan P.
Appears in 1 contract
Sources: Agreement and Plan of Reorganization (Villageedocs Inc)
Designation of Director. At Closing, the Principal GoSolutions Stockholders shall identify to VEDO an individual, acceptable to VEDO, for service on VEDO's ’s Board of Directors (the "GOSOLUTIONS DESIGNEE"“GoSolutions Designee”). The Principal GoSolutions Stockholders shall forward such recommendation to VEDO's ’s Board of Directors, who shall nominate and recommend, in the same manner as for any other nominee of the Board of Directors, the GoSolutions Designee for election by VEDO's ’s stockholders during VEDO's ’s next regularly scheduled election of directors. The Principal VEDO Stockholders, as defined below, shall execute and deliver at Closing, a Voting Agreement in the form attached hereto as EXHIBIT Exhibit G (the "PRINCIPAL “Principal VEDO STOCKHOLDERS VOTING AGREEMENT"Stockholders Voting Agreement”) pursuant to which the Principal VEDO Stockholders shall agree to vote affirmatively for the election of the GoSolutions Designee to the VEDO Board of Directors. "PRINCIPAL “Principal VEDO STOCKHOLDERS" Stockholders” shall mean Barron ▇▇▇▇▇▇ Partners, LP and C. Alan ▇▇▇▇ and Joan P.▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇.
Appears in 1 contract
Sources: Merger Agreement (Villageedocs Inc)