Newly Created Directorships and Vacancies. Any newly created directorships resulting from an increase in the authorized number of directors and any vacancies occurring in the Board of Directors, maybe filled by the affirmative votes of a majority of the remaining members of the Board of Directors, although less than a quorum. A director so elected shall be elected to hold office until the earlier of the expiration of the term of office of the director whom he or she has replaced, a successor is duly elected and qualified or the earlier of such director’s death, resignation or removal.
Appears in 4 contracts
Samples: Merger Agreement (Fuller Max L), Merger Agreement (Knight-Swift Transportation Holdings Inc.), Merger Agreement (Us Xpress Enterprises Inc)
Newly Created Directorships and Vacancies. Any newly Newly created directorships resulting from an any increase in the authorized number of directors Directors and any vacancies occurring in on the Board of Directorsresulting from death, maybe resignation, disqualification, removal, or other cause will be filled solely by the affirmative votes vote of a majority of the remaining members of the Board of DirectorsDirectors then in office, although even though less than a quorum. A director so elected shall be elected to hold office until the earlier quorum of the expiration of the term of office of the director whom he Board, or she has replaced, by a successor is duly elected and qualified or the earlier of such director’s death, resignation or removal.sole remaining Director. Any Director
Appears in 2 contracts
Samples: Bylaws (Nu Tech Bio Med Inc), Bylaws (Physicians Clinical Laboratory Inc)
Newly Created Directorships and Vacancies. Any newly Newly created directorships resulting from an any increase in the authorized number of directors and or any vacancies occurring in the Board of DirectorsDirectors resulting from death, maybe resignation, retirement, disqualification, removal from office or other cause shall be filled by the affirmative votes of a majority vote of the remaining members of the Board of Directorsdirectors then in office, although though less than a quorum. A director , and directors so elected chosen shall be elected to hold office until for a term expiring at the earlier next Annual Meeting of the expiration of the term of office of the director whom he or she has replaced, a successor is duly elected and qualified or the earlier of such director’s death, resignation or removalStockholders.
Appears in 2 contracts
Samples: Merger Agreement (Andrew Corp), Agreement and Plan of Merger (Allen Telecom Inc)
Newly Created Directorships and Vacancies. Any newly created directorships resulting from an increase in the authorized number of directors and any vacancies occurring in the Board of Directors, maybe may be filled by the affirmative votes vote of a majority of the remaining members of the Board of Directors, although less than a quorum, or by a sole remaining director. A director so elected shall be elected to hold office until the earlier of the expiration of the term of office of the director whom he or she has replaced, a successor is duly elected and qualified qualified, or the earlier of such director’s 's death, resignation or removal.
Appears in 2 contracts
Samples: Merger Agreement (Neenah Inc), Merger Agreement (Sportsman's Warehouse Holdings, Inc.)
Newly Created Directorships and Vacancies. Any newly created directorships resulting from an increase in the authorized number of directors and any vacancies occurring in the Board of Directors, maybe shall be filled by the affirmative votes of a majority of the remaining members of the Board of Directors, although less than a quorum, or by a sole remaining director. A director so elected shall be elected to hold office until the earlier of the expiration of the term of office of the director whom he or she has replaced, a successor is duly elected and qualified qualified, or the earlier of such director’s death, resignation or removal.
Appears in 1 contract
Samples: Business Combination Agreement (Decarbonization Plus Acquisition Corp)
Newly Created Directorships and Vacancies. Any newly created directorships resulting from an increase in the authorized number of directors and any vacancies occurring in the Board of Directors, maybe may be filled by the affirmative votes of a majority of the remaining members of the Board of Directors, although less than a quorum. A director so elected shall be elected to hold office until the earlier of the expiration of the term of office of the director whom he or she has replaced, a successor is duly elected and qualified or the earlier of such director’s death, resignation or removal.
Appears in 1 contract
Newly Created Directorships and Vacancies. Any newly created directorships resulting from an increase in the authorized number of directors and any vacancies occurring in the Board of Directors, maybe may be filled by the affirmative votes of a majority of the remaining members of the Board of Directors, although less than a quorum, or by a sole remaining director. A director so elected shall be elected to hold office until the earlier of the expiration of the term of office of the director whom he or she has replacedreplaced or the vacancy he or she is filling, a successor is duly elected and qualified or the earlier of such director’s 's death, resignation or removal..
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Newly Created Directorships and Vacancies. Any newly created directorships resulting from an increase in the authorized number of directors and any vacancies occurring in the Board of Directors, maybe may be filled by the affirmative votes of a majority of the remaining members of the Board of Directors, although less than a quorum, or by a sole remaining director. A director so elected shall be elected to hold office until the earlier of the expiration of the term of office of the director whom he or she has replaced, a successor is duly elected and qualified or the earlier of such director’s 's death, resignation or removal.
Appears in 1 contract
Samples: Subscription Agreement
Newly Created Directorships and Vacancies. Any newly created directorships resulting from an increase in the authorized number of directors and any vacancies occurring in the Board of Directors, maybe may be filled by the affirmative votes of a majority of the remaining members of the Board of Directors, although less than a quorum, or by a sole remaining director. A director so elected shall be elected to hold office until the earlier of the expiration of the term of office of the director whom he or she has replaced, a successor is duly elected and qualified or the earlier of such director’s death, resignation or removal.
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Newly Created Directorships and Vacancies. Any newly created directorships resulting from an increase in the authorized number of directors and Directors or any vacancies occurring in the Board of Directors, maybe may be filled by the affirmative votes vote of a majority of the remaining members of the Board of DirectorsBoard, although less than a quorum. A director Director so elected shall be elected to hold office until the earlier of the expiration of the term of office of the director Director whom he or she has replaced, election and qualification of a successor is duly elected and qualified or the earlier of such directorpredecessor Director’s death, resignation or removal.
Appears in 1 contract
Newly Created Directorships and Vacancies. Any newly created directorships resulting from an increase in the authorized number of directors and any vacancies occurring in the Board of Directors, maybe shall be filled solely by the affirmative votes of a majority of the remaining members of the Board of Directors, although less than a quorum, or by a sole remaining director. A director so elected shall be elected to hold office until the earlier of the expiration of the term of office of the director whom he or she has replaced, a successor is duly elected and qualified or the earlier of such director’s death, resignation or removal.
Appears in 1 contract
Samples: Merger Agreement (Monterey Capital Acquisition Corp)