Common use of Election and Term of Office Clause in Contracts

Election and Term of Office. The board of directors shall elect the officers of the corporation at its annual meeting. If the election of officers is not held at such meeting, the election shall be held at a regular or special meeting of the board of directors as soon thereafter as may be convenient. Each officer shall hold office until such officer’s successor is elected and qualified or until such officer’s death, resignation or removal.

Appears in 3 contracts

Samples: Merger Agreement (Habit Restaurants, Inc.), Agreement and Plan of Merger (Usg Corp), Merger Agreement (Protective Life Corp)

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Election and Term of Office. The board of directors shall elect the officers of the corporation to be elected by the Board of Directors shall be elected annually by the Board of Directors at its the first meeting of the Board of Directors held after the annual meetingmeeting of the shareholders. If the election of officers is shall not be held at such meeting, the such election shall be held at a regular or special meeting of the board of directors as soon thereafter as may be convenientpracticable. Each officer shall hold office until such officer’s his successor is shall have been duly elected and shall have qualified or until such officer’s death, resignation his or removalher death or until he shall resign or shall have been removed in the manner hereinafter provided.

Appears in 2 contracts

Samples: Merger Agreement (First State Bancorporation), Merger Agreement (Cachestream Corp)

Election and Term of Office. The board of directors shall elect the officers of the corporation Corporation to be elected by the Board of Directors shall be elected annually by the Board of Directors at its the regular meeting of the Board of Directors held after each annual meetingmeeting of the shareholders. If the election of officers is shall not be held at such meeting, the such election shall be held at a regular or special meeting of the board of directors as soon thereafter as may be convenient. Each officer shall hold office until such officer’s his successor is shall have been elected and qualified or until such officer’s his earlier resignation, removal from office, or death, resignation or removal.

Appears in 2 contracts

Samples: Merger Agreement (Fairfield Communities Inc), Merger Agreement (Fairfield Communities Inc)

Election and Term of Office. The board of directors shall elect the principal officers of the corporation to be elected by the Board of Directors shall be elected annually by the Board of Directors at its the first meeting of the Board of Directors held after the annual meetingmeeting of the shareholders. If the election of officers is shall not be held at such meeting, the such election shall be held at a regular or special meeting of the board of directors as soon thereafter as may be convenientpracticable. Each officer shall hold office until such officer’s his successor is shall have been duly elected and shall have qualified or until such officer’s death, resignation his death or removaluntil he shall resign or shall have been removed in the manner hereinafter provided.

Appears in 2 contracts

Samples: Employment Agreement (Coyote Sports Inc), Employment Agreement (Coyote Sports Inc)

Election and Term of Office. The board of directors shall elect the officers of the corporation shall be elected annually by the Board at its the Board meeting held after the annual meetingmeeting of the stockholders. If the election of officers is not held at such meeting, the such election shall be held at a regular or special meeting of the board of directors as soon thereafter as a Board meeting conveniently may be convenientheld. Each Unless an officer dies, resigns or is removed from office, he or she shall hold office until such officer’s the next annual meeting of the Board or until his or her successor is elected and qualified or until such officer’s death, resignation or removalelected.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Intracel Corp)

Election and Term of Office. The board officers to be elected by the Board of directors Directors shall elect be elected annually by the officers Board of Directors at the first meeting of the corporation at its Board of Directors held after each annual meetingmeeting of the shareholders. If the election of officers is shall not be held at such meeting, the such election shall be held at a regular or special meeting of the board of directors as soon thereafter as conveniently may be convenientbe. Each officer shall hold office until such officer’s his successor is shall have been duly elected and qualified or until such officer’s his prior death, resignation or removal.

Appears in 1 contract

Samples: Merger Agreement (Medical Industries of America Inc)

Election and Term of Office. The board of directors shall elect the officers of the corporation Corporation shall be elected annually by the Board of Directors at its first regular meeting held after the annual meeting. If the election of officers is not held at such meeting, the election shall be held at a regular or special meeting of the board of directors stockholders or as soon thereafter as may be convenientconveniently practicable. Each officer shall hold office until such officer’s his successor is shall have been elected or appointed and qualified or until such officer’s death, resignation or removal.shall have been

Appears in 1 contract

Samples: Securities Purchase Agreement (Queen Sand Resources Inc)

Election and Term of Office. The board of directors shall elect the officers of the corporation at its annual meeting. If the election of officers is not held at such meeting, the election shall be held elected at a regular least once annually by the Board of Directors. Vacancies may be filled or special new offices created and filled at any meeting of the board Board of directors as soon thereafter as may be convenientDirectors. Each officer shall hold office until such officer’s the next annual meeting of the Board of Directors or until a successor is duly elected and qualified or until such officer’s death, his or her earlier resignation or removalremoval as herein provided.

Appears in 1 contract

Samples: Chairman's Agreement (Office Depot Inc)

Election and Term of Office. The board of directors shall elect the officers of the corporation at its annual meeting. If the election of officers is not held at such meeting, the election Corporation shall be held elected each year by the Board of Directors at a regular or special the annual meeting of the board Board of directors as soon thereafter as may be convenientDirectors. Each Unless an officer dies, resigns, or is removed from office, he or she shall hold office until such the next annual meeting of the Board of Directors or until the officer’s successor is elected and qualified or until such officer’s deathassumes the office, resignation or removalwhichever is later.

Appears in 1 contract

Samples: Garage Lease Agreement

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Election and Term of Office. The board of directors shall elect the officers of the corporation Corporation to be elected by the Board of Directors shall be elected annually by the Board of Di- rectors at its annual meetinga meeting of the Board of Directors. If the election of officers is shall not be held at such meeting, the such election shall be held at a regular or special meeting of the board of directors as soon thereafter as may be convenientpracticable. Each officer shall hold office until such officer’s his successor is has been duly elected and is qualified or until such officer’s death, resignation his death or removaluntil he shall resign or shall have been removed in the manner hereinafter provided.

Appears in 1 contract

Samples: Intergovernmental Agreement

Election and Term of Office. The board of directors shall elect the officers of the corporation at its annual meeting. If the election of officers is not held at such meeting, the election Officers shall be held elected by the Board of Directors, at a regular or special meeting of the board of directors as soon thereafter as may be convenient. Each Board, no more than 12 months following the previous election and each officer shall hold office until such officer’s he or she resigns or is removed or is otherwise disqualified to serve, or until his or her successor is shall be elected and qualified or until such officer’s deathqualified, resignation or removalwhichever occurs first. It shall not be required for officers to maintain any membership in the Corporation.

Appears in 1 contract

Samples: Khronos Group Membership Agreement

Election and Term of Office. The board of directors shall elect the officers of the corporation at its annual meeting. If the election of officers is not held at such meeting, the election Corporation shall be held at a regular or special meeting elected annually by the Board of the board of directors as soon thereafter as may be convenientDirectors. Each Any officer shall hold office until the first to occur of the election of such officer’s successor is elected and qualified 's successor, or until such officer’s 's death, resignation or removal.

Appears in 1 contract

Samples: By Laws (Rli Corp)

Election and Term of Office. The board of directors shall elect the elected officers of the corporation Corporation shall be elected annually by the Board at its the regular meeting of the Board held after each annual meetingmeeting of Stockholders. If the election of officers is shall not be held at such meeting, the such election shall be held at a regular or special meeting of the board of directors as soon thereafter as may be convenient. Each officer shall hold office until such officer’s his or her successor is shall have been duly elected and shall have qualified or until such officer’s his or her earlier death, resignation resignation, removal or removaldisqualification.

Appears in 1 contract

Samples: Merger Agreement (Crown Castle International Corp)

Election and Term of Office. The officers of the corporation to be elected by the board of directors shall elect be elected annually by the officers board of directors at the first meeting of the corporation at its board of directors held after the annual meetingmeeting of the shareholders. If the election of officers is shall not be held at such meeting, the such election shall be held at a regular or special meeting of the board of directors as soon thereafter as may be convenientpracticable. Each officer shall hold office until such officer’s his or her successor is shall have been duly elected and shall have qualified or until such officer’s death, resignation his or removalher death or until he or she shall resign or shall have been removed in the manner hereinafter provided.

Appears in 1 contract

Samples: Merger Agreement (New Frontier Media Inc)

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