Common use of Removal and Replacement Clause in Contracts

Removal and Replacement. Any Shareholder or group of Shareholders entitled to designate any individual to be elected as a director of the Board pursuant to Section 2.1(i) shall have the right to remove any such director occupying such position and to fill any vacancy caused by the death, disability, retirement, resignation or removal of any director occupying such position. If a vacancy is created on the Board at any time by the death, disability, retirement, resignation or removal of any director designated pursuant to Section 2.1(i), the replacement to fill such vacancy shall be designated in the same manner as the director who is being replaced in accordance with Section 2.1(i). For the avoidance of doubt, each director so appointed pursuant to Section 2.1(i) shall possess the necessary qualifications as required under the applicable U.S. securities laws and regulations.

Removal and Replacement. Any Shareholder or group of Shareholders entitled to designate any individual to be elected as a director of the Board pursuant to Section 2.1(i) shall have the right to remove any such director occupying such position and to fill any vacancy caused by the death, disability, retirement, resignation or removal of any director occupying such position. If a vacancy is created on the Board at any time by the death, disability, retirement, resignation or removal of any director designated pursuant to Section 2.1(i), the replacement to fill such vacancy shall be designated in the same manner as the director who is being replaced in accordance with Section 2.1(i). For the avoidance of doubt, each director so appointed pursuant to Section 2.1(i) shall possess the necessary qualifications as required under the applicable U.S. securities laws and regulations.

Removal and Replacement. Any Shareholder or group of Shareholders entitled to designate any individual to be elected as a director of the Board pursuant to this Section 2.1(i) 2.1 shall have the right to remove any such director occupying such position and to fill any vacancy caused by the death, disability, retirement, resignation or removal of any director occupying such position. If a vacancy is created on the Board at any time by the death, disability, retirement, resignation or removal of any director designated pursuant to Section 2.1(i)2.1, the replacement to fill such vacancy shall be designated in the same manner as the director who is being replaced in accordance with this Section 2.1(i). For the avoidance of doubt, each director so appointed pursuant to Section 2.1(i) shall possess the necessary qualifications as required under the applicable U.S. securities laws and regulations2.1.

Removal and Replacement. Any Shareholder or group of Shareholders entitled to designate any individual to be elected as a director of the Board pursuant to Section 2.1(i2.1(a) shall have the right to remove any such director occupying such position and to fill any vacancy caused by the death, disability, retirement, resignation or removal of any director occupying such position. If a vacancy is created on the Board at any time by the death, disability, retirement, resignation or removal of any director designated pursuant to Section 2.1(i2.1(a), the replacement to fill such vacancy shall be designated in the same manner as the director who is being replaced in accordance with Section 2.1(i2.1(a). For the avoidance of doubt, each director so appointed pursuant to Section 2.1(i) shall possess the necessary qualifications as required under the applicable U.S. securities laws and regulations.