Common use of Initial Directors of Amalco Clause in Contracts

Initial Directors of Amalco. The first directors of Amalco shall be the persons whose names and municipalities of residence appear below: ▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇ David ▇▇▇▇▇▇▇ ▇▇▇▇▇ New Westminster, ▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇ Vancouver, ▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Toronto, ON Such directors shall hold office until the first annual meeting of shareholders of Amalco or until their successors are elected or appointed.

Initial Directors of Amalco. The first directors of Amalco shall be the persons whose names and municipalities of residence appear below: ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Vancouver, BC ▇▇▇ ▇▇▇▇▇▇▇▇▇▇ Las Vegas, NV ▇▇▇▇▇ Hardave ▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇ David ▇▇▇▇▇▇▇ ▇▇▇▇▇ New Westminster, ▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇ BC West Vancouver, ▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Toronto, ON BC Such directors shall hold office until the first annual meeting of shareholders of Amalco or until their successors are elected or appointed.