Common use of Removal and Replacement of Directors Clause in Contracts

Removal and Replacement of Directors. Any director may be removed from the Board or from any committee at any time, with or without cause, only at the direction of the shareholder that designated such director. If a vacancy is created on the Board or a committee as a result of the death, disability, retirement, resignation, or removal of any director, then the shareholder that designated such director shall have the right to designate such director’s replacement.

Removal and Replacement of Directors. Any director may be removed from Each Member shall have the Board or from any committee right, at any timetime and for any reason (or for no reason), with to remove its Director. Should any Director be unwilling or without cause, only at the direction of the shareholder that designated such director. If a vacancy is created on the Board or a committee as a result of the death, disability, retirement, resignationunable to continue to serve, or removal otherwise cease to serve (including by reason of any directorhis or her involuntary removal), then the shareholder Member that designated appointed such director Director shall have be entitled fill the right to designate such director’s replacementresulting vacancy on the Company Board.