Common use of Alternate Directors Clause in Contracts

Alternate Directors. 30.1 Any Director may by writing appoint any other Director, or other person willing to act, to be his alternate and remove his alternate so appointed by him. Such appointment or removal shall be by notice to the Registered Office signed by the Director making or revoking the appointment or in any other manner approved by the Directors, and shall be effective on the date the notice is served and the alternate shall be notified of such appointment or revocation. Subject to the removal by the appointing Director, the alternate shall continue in office until the date on which the Director who appointed him ceases to be a Director. An alternate may also be a Director in his own right and may act as alternate to more than one Director.

Appears in 2 contracts

Samples: Merger Agreement and Plan of Reorganization (Hennessy Capital Investment Corp. V), Merger Agreement and Plan of Reorganization (Hennessy Capital Investment Corp. V)

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Alternate Directors. 30.1 Any 24.1 A Director may by writing appoint any other Director, or other person willing to act, to be his alternate and remove his alternate so appointed by himown Alternate Director. Such Any appointment or removal of an Alternate Director by a Director shall be effected by delivery of a written notice of appointment or removal to the Secretary at the Registered Office Office, signed by the Director making or revoking the appointment or in any other manner approved by the Directorssuch Director, and such notice shall be effective immediately upon receipt or on any later date specified in that notice. Any Alternate Director may be removed by resolution of the date the notice is served and the alternate shall be notified of such appointment or revocationBoard. Subject to the removal by the appointing Directoraforesaid, the alternate office of Alternate Director shall continue in office until the next annual election of Directors or, if earlier, the date on which the relevant Director who appointed him ceases to be a Director. An alternate Alternate Director may also be a Director in his own right and may act as alternate to more than one Director.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Renaissancere Holdings LTD), Agreement and Plan of Merger (Platinum Underwriters Holdings LTD)

Alternate Directors. 30.1 52. Any Director may by in writing appoint any other Director, or other another person willing to act, to be his alternate and remove his alternate so appointed appointed. Any appointment or removal of an alternate by him. Such a Director shall be effected by depositing a notice of appointment or removal at the Registered Office, signed by such Director, and such appointment or removal shall be by notice to the Registered Office signed by the Director making or revoking the appointment or in any other manner approved by the Directors, and shall be become effective on the date of receipt at the notice is served and Registered Office. Any alternate may be removed by resolution of the alternate shall be notified of such appointment or revocationDirectors. Subject to the removal by the appointing Directoras aforesaid, the alternate shall continue in office until the date on which the relevant Director who appointed appointing him ceases to be a Director. An alternate may also be a Director in his own right and may act as alternate to more than one Director.

Appears in 2 contracts

Samples: Framework Agreement (Alibaba Group Holding LTD), Framework Agreement (Yahoo Inc)

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Alternate Directors. 30.1 Any 79. (a) A Director may appoint or remove his own Alternate Director. Any appointment or removal of an alternate Director by writing appoint any other a Director shall be effected by depositing a notice of appointment or removal with the Secretary at the Registered Office, signed by such Director, or other person willing to act, to be his alternate and remove his alternate so appointed by him. Such such appointment or removal shall be by notice to the Registered Office signed by the Director making or revoking the appointment or in any other manner approved by the Directors, and shall be become effective on the date the notice is served and the alternate shall be notified of such appointment or revocation. Subject to the removal receipt by the appointing Director, the alternate shall continue in office until the date on which the Director who appointed him ceases to be a Director. An alternate may also be a Director in his own right and may act as alternate to more than one DirectorSecretary.

Appears in 1 contract

Samples: Intercreditor Agreement (Stratus Technologies Bermuda Holdings Ltd.)

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