Common use of Representative Directors Clause in Contracts

Representative Directors. The Company shall have two Representative Directors. The Representative Directors shall be elected through a meeting of the Board and the parties agree to cause their respectively nominated and elected directors to vote so as to elect such Representative Directors nominated by the Major Shareholders.

Appears in 1 contract

Sources: Merger Agreement (WiderThan Co., Ltd.)

Representative Directors. The Company shall have two (2) independent Representative Directors, who shall be elected by the Board of Directors from among its members. The Each of the Representative Directors shall be elected through a meeting represent the Company independently and shall manage the daily affairs of the Company, subject to such policies established by the Board of Directors and the parties agree to cause their respectively nominated and elected directors to vote so as to elect such Representative Directors nominated by the Major Shareholdersshareholders.

Appears in 1 contract

Sources: Joint Venture Agreement (Vaxgen Inc)