Common use of Removal and Replacement of Director Clause in Contracts

Removal and Replacement of Director. (a) Removal of Directors. If at any time the Investor Stockholders, Blackstone or Wassxxxxxxx xxxifies the other Stockholders of their or its wish to remove at any time and for any reason (or no reason) a director designated by them or it, then each Stockholder shall vote, or execute a Written Consent for, all of its Shares so as to remove such director.

Appears in 3 contracts

Samples: Share Purchase Agreement (Collins & Aikman Corp), Share Purchase Agreement (Cypress Capital Advisors LLC), Stock Purchase Agreement (Cypress Capital Advisors LLC)

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Removal and Replacement of Director. (a) Removal of Directors. If at any time the Investor Stockholders, Blackstone or Wassxxxxxxx xxxifies Xxxxxxxxxxx notifies the other Stockholders of their or its wish to remove at any time and for any reason (or no reason) a director designated by them or it, then each Stockholder shall vote, or execute a Written Consent for, all of its Shares so as to remove such director.

Appears in 1 contract

Samples: Stockholders Agreement (Heartland Industrial Partners L P)

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