Representative Director Clause Samples

Representative Director. E-LOAN JAPAN's day-to-day operations shall be managed by the President of E-LOAN JAPAN, who shall be a Representative Director nominated by SB Finance from among the directors of E-LOAN JAPAN. SB Finance shall have the right, exercisable in its sole discretion, to remove and replace the President at any time, effective upon the delivery of written notice to E-LOAN JAPAN, the President and the other shareholders of E-LOAN JAPAN. In the event of a vacancy in the office of a the President for any reason (including removal in accordance with the preceding sentence), the vacancy shall be filled by SB Finance.

Representative Director. 1. The Director-President of the Company shall represent the Company and supervise the business of the Company. 2. By a resolution of the Board of Directors of the Company, Representative Director(s) may be elected among Directors with the specific title prescribed in the preceding Article.

Representative Director. The Buyer shall appoint one of the Buyer Directors as the Representative Director of the Company as soon as practicable after the Closing and the Sellers agree to such appointment.

Representative Director. (a) The JV Company shall have one (1) Representative Director, who shall have a term of three (3) years. The Representative Director shall be appointed, removed and terminated by the Bloom Energy Directors. (b) The Representative Director shall, in such capacity, be the chief executive officer (CEO) of the JV Company and have the power and authority to be in the general and active charge of the entire business and affairs of the JV Company, including general supervision, direction and control of the Business and the officers of the JV Company, including corporate policy and strategy, and shall have the obligation to manage the day-to-day operations of the JV Company and the respective Business (other than the matters tasked to the COO) and make decisions which do not require approval of the Board of the Members, as well as such other powers and authorities granted pursuant to applicable Laws and the Articles of Incorporation. All employees must be personally approved by the Representative Director (other than the COO).

Representative Director. Moon shall be the Representative Director.

Representative Director. The Company's day-to-day operations will be managed by the President, who shall be the Representative Director of the Company in accordance with the Articles. The President shall be elected by the Board from among the Directors nominated by SOFTBANK pursuant to Section 4.2. SOFTBANK shall have the right, exercisablel in its sole discretion, to remove and replace the President at any time, effective upon the delivery of written notice to the Company, the President and INSWEB.

Representative Director. The Company shall have one (1) Representative Director, who shall be elected by a resolution of the Board. The Representative Director shall serve as president and chief executive officer of the Company and shall represent the Company, observe and enforce the matters resolved by the Board and the General Meeting of Shareholders and the provisions of this Agreement and be responsible for the general management of the Company. The term of office of the Representative Director shall be three (3) years; provided, however, that if such term expires before the close of the ordinary General Meeting of Shareholders concerning the last fiscal year that ended during the three-year term, it shall be extended until the close of such General Meeting of Shareholders. The Representative Director shall be nominated and elected as follows: a. For so long as Samsung has a Shareholding of at least fifty percent (50%) or the largest Shareholding (including where Samsung is one of the largest Shareholders having the same Shareholding), Samsung shall have the right to nominate one of the Directors nominated by it for election at a meeting of the Board as Representative Director, and Biogen shall procure for its nominated Directors to exercise voting rights so that such nominee of Samsung shall be elected as Representative Director. b. In the event that Biogen becomes entitled to nominate a majority of the total number of Directors under this Agreement, Biogen shall have the right to nominate one of the Directors nominated by it for election at a meeting of the Board as Representative Director, and Samsung shall procure for its nominated Directors to exercise voting rights so that such nominee of Biogen shall be elected as Representative Director. c. In all other cases (other than the cases falling under Section 8.1(a) or 8.1(b) above), the Representative Director shall be elected in accordance with the Articles of Incorporation and applicable law, with no nomination right exercised by either Party. d. The Party entitled to nominate the Representative Director shall consult in good faith with the other Party prior to making such nomination. e. The provisions of Section 7.2(c) and (d) shall apply to the Representative Director, mutatis mutandis; provided that for so long as Biogen has the right to nominate the same number of Directors as Samsung under this Agreement following the exercise by Biogen of the Biogen Option, in the event Samsung decides to replace the Representative D...

Representative Director. The Company may have one Representative Director who shall be appointed by the Board.

Representative Director. For so long as VaxGen holds two-thirds or more of its initial shareholding at incorporation, VaxGen shall be entitled to appoint the Representative Director of the JVC in its sole discretion, who shall represent the JVC and shall be in charge of the administration of all the daily business affairs of the JVC in accordance with the polices established by the Board and the shareholders.