Directors, Officers and Managers Sample Clauses

The "Directors, Officers and Managers" clause defines the roles, responsibilities, and authority of individuals who hold key leadership or management positions within an organization. It typically outlines who is eligible to serve as a director, officer, or manager, the process for their appointment or removal, and the scope of their decision-making powers. For example, it may specify that only shareholders can elect directors, or that officers are responsible for day-to-day operations. This clause ensures organizational clarity by delineating leadership structure and helps prevent disputes over authority or governance.
Directors, Officers and Managers. Part 3.1(c) of the Disclosure Schedule accurately sets forth, if applicable: (i) the names of the members of the board of directors (or similar bodies) of the Acquired Companies; (ii) the names and titles of the officers (or those individuals holding similar positions) of the Acquired Companies; and (iii) the names of the managers of the Acquired Companies that are limited liability companies.
View SourceView Similar (3)
Directors, Officers and Managers. (a) Schedule 4.6.1 correctly lists all of the present officers, directors and managers of the Seller and the Subsidiaries. (b) Except as disclosed on Schedule 4.6.1, no director, officer or manager of Seller or any Subsidiary serves as a director, officer or manager of any other corporation or other entity on behalf of or as a designee of Seller or any Subsidiary.
View SourceView Similar (2)
Directors, Officers and Managers. 4.22.1 None of the members of the management of the Company has been convicted of any criminal offence or been subject to any criminal proceedings which would prevent them from engaging in commercial activities. 4.22.2 Each of the Company’s directors, officers and managers is duly registered as an employee in the registry documents (including employees’ book and professional booklet), together with his/her corresponding salary and benefits, in material compliance with applicable Laws. 4.22.3 None of the directors, officers or managers of the Company has been subject to any other legal or regulatory proceedings in relation to his/her role as a director, officer or manager of the Company.
View Source
Directors, Officers and Managers. The persons to be named upon mutual agreement of ▇▇▇▇▇ and ▇▇▇▇▇ shall be the directors, officers and managers of the Surviving Net Corporation and the Surviving CP LLC until their respective successors are duly elected and qualified. The persons to be named upon mutual agreement of ▇▇▇▇▇ and Bassi shall be the directors and officers of New Parent as of the Effective Time.
View Source
Directors, Officers and Managers. From and after the Effective Time, the directors and officers of Merger Sub One immediately prior to the Initial Merger shall be the directors and officers of the surviving company in the Initial Merger, until their successors and assigns shall have been duly elected, appointed or qualified or until their earlier death, resignation or removal in accordance with the certificate of incorporation or bylaws of Merger Sub One, applicable Law and this Agreement. The managers of Merger Sub Two immediately prior to the effective time of the Follow-On Merger shall be the initial managers of the Surviving Company until their successors shall have been duly elected, appointed or qualified or until their earlier death, resignation or removal in accordance with the limited liability company agreement of the Surviving Company and applicable Law.
View Source
Directors, Officers and Managers 
View SourceView Similar (2)

Related to Directors, Officers and Managers

  • Directors; Officers From and after the Effective Time, (a) the directors of Merger Sub serving 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, and (b) the officers of Merger Sub serving immediately prior to the Effective Time shall be the officers 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.

  • Board of Directors; Officers The directors of Sub immediately prior to the Effective Date shall be the directors of the Surviving Corporation, and the officers of the Company immediately prior to the Effective Date shall be the officers of the Surviving Corporation, in each case until their respective successors are duly elected and qualified.

  • Responsibility of Dual Directors, Officers and/or Employees If any person who is a director, officer or employee of the Adviser is or becomes a Trustee, officer and/or employee of the Fund and acts as such in any business of the Fund pursuant to this Agreement, then such director, officer and/or employee of the Adviser shall be deemed to be acting in such capacity solely for the Fund, and not as a director, officer or employee of the Adviser or under the control or direction of the Adviser, although paid by the Adviser.

  • 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.

  • Board of Directors or Board The persons holding such office, as of any particular time, under the Articles of Incorporation of the Company, whether they be the Directors named therein or additional or successor Directors.