CONDUCT OF THE AFFAIRS OF THE COMPANY. 2.01 Subject to paragraph 2.02 the Shareholders shall vote their Shares so that the Board shall be comprised of two (2) directors and so that one nominee of each of the Shareholders is a director of the Company. In the event that a position on the Board shall be open for any reason whatsoever, the Shareholder whose nominee shall have formerly occupied such position shall be entitled to nominate a new director to fill such vacancy.
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Samples: Shareholders Agreement (Gilder Enterprises Inc), Agreement (Gilder Enterprises Inc)
CONDUCT OF THE AFFAIRS OF THE COMPANY. 2.01 Subject to paragraph 2.02 the 2.1 The Shareholders shall will vote their Shares so that the Board shall will be comprised of two (2) directors and so that one nominee of each of the Shareholders is a director of the Company. In the event that Subject to Section 2.2, if a position on the Board shall be is open for any reason whatsoever, the Shareholder whose nominee shall have formerly occupied such position shall will be entitled to nominate a new director to fill such vacancy.
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CONDUCT OF THE AFFAIRS OF THE COMPANY. 2.01 Subject to paragraph 2.02 the 2.1 The Shareholders shall vote their Shares so that the Board shall be comprised of two (2) four directors and so that one nominee two nominees of each of the Shareholders is a director are directors of the Company. In the event that a position on the Board shall be open for any reason whatsoever, the Shareholder whose nominee shall have formerly occupied such position shall be entitled to nominate a new director to fill such vacancy.
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