Election and Term of Office. The officers of the corporation to be elected by the directors shall be elected annually at the first meeting of the directors held after each annual meeting of the stockholders. Each officer shall hold office until his successor shall have been duly elected and shall have qualified or until his death or until he shall resign or shall have been removed in the manner hereinafter provided. In the event that no election of officers be held by the directors at that time, the existing officers shall be deemed to have been confirmed in office by the directors.
Appears in 7 contracts
Samples: By Laws (Netbanx Com Corp), By Laws (BBB Hunter Associates Inc), By Laws (Netbanx Com Corp)
Election and Term of Office. The officers of the corporation to be elected by the directors shall be elected annually at the first meeting of the directors held after each annual meeting of the stockholders. Each officer shall hold office until his successor shall have been duly elected and shall have qualified or until his death or until he shall resign or shall have been removed in the manner hereinafter provided. In the event that no election of officers be held by the directors at that time, the existing officers shall be deemed to have been confirmed in office by the directors.
Appears in 7 contracts
Samples: Triangular Merger Agreement (Ars Networks Inc), Triangular Merger Agreement (Ars Networks Inc), Stock Purchase Agreement (Globecomm Systems Inc)
Election and Term of Office. The officers of the corporation to be elected by the directors shall be elected annually by the Board of Directors at the its first regular meeting of the directors held after each the annual meeting of the stockholdersstockholders or as soon thereafter as conveniently possible. Each officer shall hold office until his successor shall have been duly elected chosen and shall have qualified or until his death or the effective date of his resignation or removal, or until he shall resign or shall have been removed cease to be a director in the manner hereinafter provided. In case of the event that no election of officers be held by Chairman and the directors at that time, the existing officers shall be deemed to have been confirmed in office by the directorsVice Chairman.
Appears in 4 contracts
Samples: Master Transaction Agreement (RTI Surgical Holdings, Inc.), Master Transaction Agreement (Rti Surgical, Inc.), Merger Agreement (Tutogen Medical Inc)
Election and Term of Office. The officers of the corporation to be elected by the directors Corporation shall be elected annually by the Board of Directors at the its first regular meeting of the directors held after each the annual meeting of the stockholdersstockholders or as soon thereafter as conveniently possible. Each officer shall hold office until his or her successor shall have been duly elected and shall have qualified or until his or her death or until he shall resign the effective date of his or shall have been removed in the manner hereinafter provided. In the event that no election of officers be held by the directors at that time, the existing officers shall be deemed to have been confirmed in office by the directorsher resignation or removal.
Appears in 2 contracts
Samples: Merger Agreement (NeuroMetrix, Inc.), Merger Agreement (electroCore, Inc.)
Election and Term of Office. The officers of the corporation to be elected by the directors Corporation shall be elected annually by the Board of Directors at the its first regular meeting of the directors held after each the annual meeting of the stockholdersstockholders or as soon thereafter as conveniently practicable. Each officer shall hold office until his successor shall have been duly elected or appointed and shall have qualified or until his death or until he shall resign or shall have been removed in the manner hereinafter provided. In the event that no election of officers be held by the directors at that time, the existing officers shall be deemed to have been confirmed in office by the directors.been
Appears in 1 contract
Samples: Securities Purchase Agreement (Queen Sand Resources Inc)
Election and Term of Office. The officers of the corporation to be elected by the directors Corporation shall be elected annually at by the first meeting Board of the directors held after each annual meeting of the stockholdersDirectors. Each Any officer shall hold office until his successor shall have been duly elected and shall have qualified or until his death or until he shall resign or shall have been removed in the manner hereinafter provided. In first to occur of the event that no election of officers be held by the directors at that timesuch officer's successor, the existing officers shall be deemed to have been confirmed in office by the directorsor such officer's death, resignation or removal.
Appears in 1 contract
Samples: By Laws (Rli Corp)
Election and Term of Office. The officers of the corporation to be elected by the directors shall be elected at least once annually by the Board of Directors. Vacancies may be filled or new offices created and filled at the first any meeting of the directors held after each annual meeting Board of the stockholdersDirectors. Each officer shall hold office until his the next annual meeting of the Board of Directors or until a successor shall have been is duly elected and shall have qualified or until his death or until he shall resign her earlier resignation or shall have been removed in the manner hereinafter removal as herein provided. In the event that no election of officers be held by the directors at that time, the existing officers shall be deemed to have been confirmed in office by the directors.
Appears in 1 contract
