Common use of Filling of Board Vacancies Clause in Contracts

Filling of Board Vacancies. Any vacancy on the Board may be filled by the affirmative vote of a majority of the remaining members of the Board of Directors. Each person so elected to fill a vacancy shall remain a trustee for the remainder of the unexpired term of the person being replaced.

Appears in 4 contracts

Samples: www.runyanlakeinc.com, www.runyanlakeinc.com, www.runyanlakeinc.com

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