Common use of Removal of appointees Clause in Contracts

Removal of appointees. If a Shareholder ceases to be a Shareholder it shall, and it shall procure that all its appointees to the Board and to the board of directors of any Group Company shall, do all such things and sign all such documents as may otherwise be necessary to ensure the resignation or dismissal of such persons from such appointments in a timely manner in accordance with Clause 12, in each case at the sole expense of the relevant Shareholder.

Appears in 2 contracts

Samples: Shareholders’ Agreement, Shareholders’ Agreement

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Removal of appointees. If a Shareholder ceases to be a Shareholder it shall, and it shall procure that all its appointees to the Board and to the board of directors of any Group Company shall, do all such things and sign all such documents as may otherwise be necessary to ensure the resignation or dismissal of such persons from such appointments in a timely manner in accordance with Clause 12, in each case at the sole expense 9 (Removal of the relevant ShareholderDirectors).

Appears in 2 contracts

Samples: Joinder Agreement (Brazilian Distribution Co Companhia Brasileira De Distr CBD), Joinder Agreement (Cnova N.V.)

Removal of appointees. 9.1 If a Shareholder ceases to be a Shareholder it shall, and it shall immediately upon transfer of its Shares procure that the resignation of all its appointees to the Board and to Directors. If the board of directors of any Group Company shallcontinuing Shareholder requests, it shall do all such things and sign all such documents as may otherwise be necessary to ensure procure the resignation or dismissal of such persons from such appointments in a timely manner in accordance with Clause 12, in each case at the sole expense of the relevant Shareholdermanner.

Appears in 1 contract

Samples: Joint Venture Agreement (Abvc Biopharma, Inc.)

Removal of appointees. (a) If all the members of a Shareholder ceases Group cease to be a Shareholders, that Shareholder it shall, and it Group shall immediately upon Transfer of its Shares procure that the resignation of all its appointees to the Board and to the board of directors of any each Group Company shallCompany. If either of the remaining Shareholder Groups (acting through their Representatives) request, it shall do all such things and sign all such documents as may otherwise be necessary to ensure procure the resignation or dismissal of such these persons from such their appointments in a timely manner in accordance with Clause 12, in each case at the sole expense of the relevant Shareholdermanner.

Appears in 1 contract

Samples: Shareholders Agreement (Autohome Inc.)

Removal of appointees. 26.7.1 If a Shareholder ceases to be a Shareholder it shall, and it shall immediately upon transfer of its Shares procure that the resignation of all its appointees to the Board Board, as Director, Chairman CEO or CFO as appropriate and to the board of directors of any each Group Company shallCompany. If the continuing Shareholders request, it shall do all such things and sign all such documents as may otherwise be necessary to ensure procure the resignation or dismissal of such persons from such appointments in a timely manner in accordance with Clause 12, in each case at the sole expense of the relevant Shareholdermanner.

Appears in 1 contract

Samples: Spectrasite Holdings Inc

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Removal of appointees. 14.7.1 If a Shareholder ceases to be a Shareholder it shall, and it shall upon transfer of its Shares procure that the resignation of all its appointees to the Board Board, whether as Director, Chairman, Vice-Chairman or otherwise and to the board Board of directors of any each Group Company shallCompany. If the continuing Shareholders request, it shall do all such things and sign all such documents as may otherwise be reasonably necessary to ensure procure the resignation or dismissal of such persons from such appointments in a timely manner in accordance with Clause 12, in each case at the sole expense of the relevant Shareholdermanner.

Appears in 1 contract

Samples: Terra Industries Inc

Removal of appointees. If a Shareholder ceases to be a Shareholder Shareholder, it shall, and it shall procure that all its appointees to the Board and to the board of directors of any Group Company shall, do all such things and sign all such documents as may otherwise be necessary to ensure the resignation or dismissal of such persons from such appointments in a timely manner in accordance with Clause 12, in each case at the sole expense of the relevant Shareholder8.

Appears in 1 contract

Samples: Shareholders’ Agreement (Melco Resorts & Entertainment LTD)

Removal of appointees. If a Shareholder ceases to be a Shareholder it shall, and it shall procure that all its appointees to the Board and to the board of directors of any Group Company shall, do all such things and sign all such documents as may otherwise be necessary to ensure the resignation or dismissal of such persons from such appointments in a timely manner in accordance with Clause 12, in each case at the sole expense 11 (Removal of the relevant ShareholderDirectors).

Appears in 1 contract

Samples: Shareholders’ Agreement (Schulman a Inc)

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