Position Clause Example from Business Contracts

This example Position clause appears in 3 contracts from 1 company

Position. Subject to the terms and provisions of this Agreement, the Director hereby agrees to serve the Company as a member of the Company's Board of Directors (the "Board"), upon the terms and conditions hereinafter set forth, provided, however, that the Director's service on the Board after the next annual stockholders' meeting shall be subject to approval by the Company's stockholders.