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: Framework and Ipo Agreement (Brazilian Distribution Co Companhia Brasileira De Distr CBD), Framework and Ipo Agreement (Cnova N.V.)

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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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)

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