Directors of the Subsidiaries Clause Samples

The 'Directors of the Subsidiaries' clause defines the rules and procedures regarding the appointment, removal, and authority of directors serving on the boards of subsidiary companies within a corporate group. Typically, this clause outlines who has the right to nominate or approve directors, any required qualifications, and the process for making changes to the board composition of subsidiaries. By establishing clear governance over subsidiary boards, the clause ensures consistent management oversight and helps prevent disputes over control or decision-making within the group structure.
Directors of the Subsidiaries. All directors (if any) of the Subsidiaries shall be appointed and removed only by the Company (or, where appropriate, as instructed by the Company) pursuant to action of the Board of Directors of the Company.
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Directors of the Subsidiaries. The Board of Directors of each of the BVI and PRC Subsidiaries shall have the same composition as the Board of Directors of the Company.
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Directors of the Subsidiaries. The Board of Directors of each of the Subsidiaries, other than the Japan Subsidiary, shall have the same composition as the Board of Directors of the Company.
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Directors of the Subsidiaries. Each of the Subsidiaries shall have the same number of directors as, and the Investors and the holders of outstanding Common Shares shall be entitled to appoint the same number of directors to the Subsidiaries as they are entitled to appoint to the Company.
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Related to Directors of the Subsidiaries

  • Directors of the Surviving Corporation The directors of Merger Sub immediately prior to the Effective Time shall be the directors of the Surviving Corporation until the earlier of their resignation or removal or until their respective successors are duly elected and qualified, as the case may be.

  • Officers and Directors of the Surviving Corporation Subject to applicable Law, the directors of Merger Sub immediately prior to the Effective Time shall be the initial directors of the Surviving Corporation and shall hold office until their respective successors are duly elected and qualified, or their earlier death, resignation or removal. The officers of Merger Sub immediately prior to the Effective Time shall be the initial officers of the Surviving Corporation and shall hold office until their respective successors are duly elected and qualified, or their earlier death, resignation or removal.

  • Officers of the Surviving Corporation The officers of the Company immediately prior to the Effective Time shall be the initial officers of the Surviving Corporation, each to hold office until the earlier of their resignation or removal or until their respective successors are duly elected and qualified, as the case may be.

  • Parent Board of Directors The Board of Directors of Parent will take all actions necessary such that two members of Company's Board of Directors reasonably acceptable to Parent, at least one of whom is an independent director of the Company's Board of Directors, shall be appointed to Parent's Board of Directors as of the Effective Time with a term expiring at the next annual meeting of Parent's stockholders.

  • Directors and Officers of the Surviving Corporation The directors of Merger Sub immediately prior to the Effective Time will, from and after the Effective Time, be the directors of the Surviving Corporation, and the officers of the Company immediately prior to the Effective Time will, from and after the Effective Time, be the officers of the Surviving Corporation, in each case, until their respective successors have been duly elected, designated or qualified, or until their earlier death, disqualification, resignation or removal in accordance with the Surviving Corporation’s certificate of incorporation and bylaws.