Number and Election. The first Board of Directors shall consist of one director. Thereafter, the number of directors may be increased or decreased as determined by resolution of the Board of Directors. In the event of a vacancy in the Board of Directors, the remaining directors, except as otherwise provided by law, may exercise the powers of the full Board of Directors until the vacancy is filled.
Appears in 3 contracts
Samples: Common Stock Subscription Agreement, Common Stock Subscription Agreement (Feel the World, Inc.), Common Stock Subscription Agreement (Feel the World, Inc.)