Common use of Failure to Designate Clause in Contracts

Failure to Designate. If any party fails to designate a representative to fill a directorship pursuant to the terms of Section 1.1, the election of a person to such directorship shall be accomplished in accordance with Parent's certificate of incorporation, bylaws and applicable law.

Appears in 2 contracts

Samples: Stockholders' Agreement (Centerpulse LTD), Stockholders' Agreement (Aros Corp)

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Failure to Designate. If any party or group fails to designate a representative to fill a directorship pursuant to the terms of Section 1.1, the election of a person to such directorship shall be accomplished in accordance with Parent's ’s certificate of incorporation, bylaws and applicable law.

Appears in 1 contract

Samples: Stockholders’ Agreement (Regen Biologics Inc)

Failure to Designate. If any party or group fails to designate a representative to fill a directorship pursuant to the terms of Section 1.1, the election of a person to such directorship shall be accomplished in accordance with Parent's Company’s certificate of incorporation, bylaws or other constituent documents and applicable law.

Appears in 1 contract

Samples: Stockholders’ Agreement (Regen Biologics Inc)

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Failure to Designate. If any party fails to designate a representative to fill a directorship pursuant to the terms of Section 1.1, the election of a person to such directorship shall be accomplished in accordance with Parent's ’s certificate of incorporation, bylaws and applicable law.

Appears in 1 contract

Samples: Stockholders' Agreement (Aros Corp)

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