Common use of Appointment and Removal of Directors Clause in Contracts

Appointment and Removal of Directors. Directors may be appointed and removed by any person that has, or any persons that jointly have, the right to appoint and remove a Director or Directors under the Shareholders' Agreement.

Appointment and Removal of Directors. Directors Each Shareholder may be appointed and removed by any person that has, or any persons that jointly have, the right to appoint and remove a Director or Directors under appointed by it and appoint a new Director in his place by notice to the Shareholders' AgreementCompany and the other Shareholder provided that neither Shareholder shall appoint a Director without reasonable prior consultation with the other Shareholder with a view to reaching agreement on the person to be appointed.