Number, Election and Term. (a) The number of directors of the Corporation shall be fixed from time to time exclusively by the Board pursuant to a resolution adopted by a majority of the Board. (b) A director shall hold office until the annual meeting for the year in which his or her term expires and until his or her successor has been elected and qualified, subject, however, to such director’s earlier death, resignation, retirement, disqualification or removal.
Appears in 2 contracts
Samples: Business Combination Agreement (Terrapin 3 Acquisition Corp), Business Combination Agreement (Terrapin 3 Acquisition Corp)
Number, Election and Term. (a) The number of directors of the Corporation shall be fixed from time to time exclusively by either (i) the Board pursuant to a resolution adopted by a majority of the BoardBoard or (ii) the affirmative vote of holders of a majority of the voting power of all then outstanding shares of Common Stock.
(b) A director shall hold office until the annual meeting for the year in which his or her term expires and until his or her successor has been elected and qualified, subject, however, to such director’s earlier death, resignation, retirement, disqualification or removal.
Appears in 1 contract
Samples: Merger Agreement (Monterey Capital Acquisition Corp)
Number, Election and Term. (a) The number of directors of the Corporation shall be fixed from time to time exclusively by the Board pursuant to a resolution adopted by a majority of the Board.
(b) A director shall hold office until the annual meeting for the year in which his or her term expires and until his or her successor has been elected and qualified, subject, however, to such director’s 's earlier death, resignation, retirement, disqualification or removal.
Appears in 1 contract
Samples: Business Combination Agreement (Boulevard Acquisition Corp. Ii)
