Common use of Number of Total Directors Clause in Contracts

Number of Total Directors. The total number of Directors of the Company shall be a minimum of seven (7) and a maximum of Twenty-one (21), subject to the number of Class A Directors and Class B Directors appointed hereunder. The total number of Directors shall depend upon the number of Class B Directors appointed pursuant to Section 5.4 in relation to the required number of Class A Directors necessary to maintain a majority of Class A Directors on the Board. Subject to the election and appointment of the Class A Directors and the appointment of the Class B Directors pursuant to the terms of this Agreement, the Members may increase or decrease the number of Directors last approved and may change from a variable range to a fixed number or visa versa by majority vote at any annual or special meeting. However, the relative ratio of the number of Class A Directors to Class B Directors shall always result in a majority of Class A Directors.

Number of Total Directors. The total number of Directors of the Company shall be a minimum of seven (7) and a maximum of Twenty-one fifteen (21), 15) subject to the number of Class A Directors and Class B Directors appointed hereunderpursuant to Section 5.3(c). The total number of Directors shall depend upon the number of Class B Directors appointed pursuant to Section 5.4 5.3(c) in relation to the required number of Class A elected Directors necessary to maintain a majority of Class A elected Directors on the Board. Subject to the election and appointment of the Class A Directors and the appointment of the Class B Directors pursuant to the terms of this Agreement, the Class A Members and Class B Members, voting together as a single class, may increase or decrease the number of Directors last approved and may change from a variable range to a fixed number or visa vice versa by majority vote at any annual or special meeting. However, the relative ratio of the number of Class A elected Directors to Class B appointed Directors shall always result in a majority of Class A elected Directors.