Independent Directors. 6.10.1. The Company shall have caused the appointment of the majority of the board of directors to be independent directors, as defined by the rules of the Nasdaq Stock Market, not later than thirty (30) days after the Closing Date.
Appears in 2 contracts
Samples: Securities Purchase Agreement (Jordan 1 Holdings Co), Securities Purchase Agreement (Tricell Inc)
Independent Directors. 6.10.1. The Company shall have caused the appointment of the majority of the board of directors to be independent directors, as defined by the rules of the Nasdaq Stock Market, not later than thirty (30) days after the Closing Datebefore Closing.
Appears in 2 contracts
Samples: Preferred Stock Purchase Agreement (Techprecision Corp), Preferred Stock Purchase Agreement (Lounsberry Holdings Ii Inc)
Independent Directors. 6.10.1. 6.10.1 The Company shall have caused the appointment of the majority of the board of directors directors, which shall not consist of more than nine members, to be independent directors, as defined by the rules of the Nasdaq Stock Market, not later than thirty the ninety (3090) days after the Closing Date.
Appears in 2 contracts
Samples: Securities Purchase Agreement (Capital Solutions I, Inc.), Securities Purchase Agreement (China Wind Systems, Inc)
Independent Directors. 6.10.1. The Company shall have caused the appointment of the majority of the board of directors to be independent directors, as defined by the rules of the Nasdaq Stock Market, not later than thirty sixty (3060) days after the Closing DateClosing.
Appears in 2 contracts
Samples: Preferred Stock Purchase Agreement (Lounsberry Holdings I Inc), Preferred Stock Purchase Agreement (Lounsberry Holdings Iii Inc)
Independent Directors. 6.10.1. 6.10.1 The Company shall have caused the appointment of the majority of the board of directors directors, which shall not consist of more than nine members, to be independent directors, as defined by the rules of the Nasdaq Stock Market, not later than thirty the ninety (3090) days after the Closing Date.. SECURITIES PURCHASE AGREEMENT BETWEEN MALEX, INC. AND XXXXXX PARTNERS LP
Appears in 1 contract
Independent Directors. 6.10.1. 6.7.1 The Company shall have caused the appointment of the majority of the board of directors directors, which shall not consist of more than seven members, to be independent directors, as defined by the rules of the Nasdaq Stock Market, not later than thirty the ninety (3090) days after the Closing Date.
Appears in 1 contract
Samples: Securities Purchase Agreement (Achievers Magazine Inc)
Independent Directors. 6.10.1. The Company shall have caused the appointment of the majority of the board of directors to be independent directors, as defined by the rules of the Nasdaq Stock Market, not later than thirty (30) days after the Closing Date.
Appears in 1 contract
Samples: Securities Purchase Agreement (Franklyn Resources Iii Inc)
Independent Directors. 6.10.1. 6.10.1 The Company shall have caused the appointment of the majority of the board of directors to be independent directors, as defined by the rules of the Nasdaq Stock Market, not later than thirty the ninety (3090) days after the Closing Date.
Appears in 1 contract
Samples: Securities Purchase Agreement (China Education Alliance Inc.)
