Common use of Election of Board of Directors Clause in Contracts

Election of Board of Directors. The emergency committee shall, as soon after its appointment as is practicable, take all requisite action to secure the election of Directors, and upon such election all the powers and authorities of the emergency committee shall cease.

Election of Board of Directors. The emergency committee shall, as soon after its appointment as is practicable, take all requisite action to secure the election of Directorsa board of directors, and upon such election election, all the powers and authorities of the emergency committee shall cease.