Removal and Replacement of Directors. Directors may be removed from office and replaced as follows (it being understood that the following shall be effected in a manner that is not in violation of the Virginia Stock Corporation Act or the Articles of Incorporation or Bylaws of the Company regarding removal of directors. That is, removal of any director shall be subject to the approval of the holders of a majority of the outstanding Shares):
Appears in 2 contracts
Samples: Voting Agreement (FBR Capital Markets Corp), Voting Agreement (Friedman Billings Ramsey Group Inc)
Removal and Replacement of Directors. Directors may be removed from office and replaced as follows (it being understood that the following shall be effected in a manner that is not in violation of the Virginia Stock Corporation Act or the Articles of Incorporation or Bylaws of the Company regarding removal of directors. That is, removal of any director shall be subject to the approval of the holders of a majority of the outstanding Sharesshares of common stock of the Company):
Appears in 2 contracts
Samples: Voting Agreement (Friedman Billings Ramsey Group Inc), Voting Agreement (FBR Capital Markets Corp)
