Common use of Removal of Directors Clause in Contracts

Removal of Directors. Any or all of the directors may be removed for cause by vote of the stockholders or by action of the board. Directors may be removed without cause only by vote of the stockholders.

Appears in 14 contracts

Samples: Stock Purchase Agreement (Globecomm Systems Inc), Stock Purchase Agreement (Globecomm Systems Inc), Oasis Entertainments Fourth Movie Project Inc

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Removal of Directors. Any director or all the entire Board of the directors may be removed for cause by vote of the stockholders or by action of the board. Directors may be removed without from office at any time, at a meeting called for that purpose, but only for cause and only by the affirmative vote of the stockholdersholders of at least 66 2/3% of the voting power of the issued and outstanding Units of the Fund entitled to vote thereon, voting together as a single class.

Appears in 9 contracts

Samples: Limited Liability Company Agreement (New Mountain Guardian IV BDC, L.L.C.), Limited Liability Company Agreement (New Mountain Guardian IV Income Fund, L.L.C.), Limited Liability Company Agreement (New Mountain Guardian III BDC, L.L.C.)

Removal of Directors. Any one or all more of the directors members of the Board of Directors may be removed, with or without cause, only at a meeting of the shareholders called expressly for that purpose, by the affirmative vote of the holders of outstanding shares representing at least a majority of all the votes then entitled to be cast at an election of Directors. No Director may be removed for cause by vote of the stockholders or by action of the board. Directors may be removed without cause only by vote of the stockholdersexcept as provided in this Section 6.5.

Appears in 4 contracts

Samples: Agreement and Plan of Merger (Rohm & Haas Co), Agreement and Plan of Merger (Morton Acquisition Corp), Agreement and Plan of Merger (Rohm & Haas Co)

Removal of Directors. Any or all of the directors may be removed, with or without cause, at any time by the vote of the stockholders at a special meeting called for that purpose. Any director may be removed for cause by vote of the stockholders or by action of the board. Directors may be removed without cause only by vote of the stockholdersdirectors at a special meeting called for that purpose.

Appears in 4 contracts

Samples: Agreement and Plan of Merger (Ev3 Inc.), Agreement and Plan of Merger (Micro Therapeutics Inc), Agreement and Plan of Merger (Micro Investment LLC)

Removal of Directors. Any One or all more of the directors may be removed for cause removed, with or without cause, at a meeting of stockholders, by the affirmative vote of the stockholders or by action holders of a majority of the boardoutstanding stock then entitled to vote at an election of directors. Directors No director shall be removed at a meeting of stockholders unless the notice of such meeting shall state that a purpose of the meeting is to vote upon the removal of one or more directors named in the notice. Only the named director or directors may be removed without cause only by vote of the stockholdersat such meeting.

Appears in 2 contracts

Samples: Exchange Agreement (Coram Healthcare Corp), Exchange Agreement (Coram Healthcare Corp)

Removal of Directors. Any or all of the directors director may be removed for with or without cause by vote decision of two-thirds (2/3) of the stockholders or by action of the board. Directors may other directors; provided, however, that no director shall be removed without cause only by vote except with the consent of the stockholdersholders of a majority of the Shares held by the class of Investors entitled to designate such director pursuant to Section 3.1.

Appears in 2 contracts

Samples: Stockholders Agreement (Icon Health & Fitness Inc), Stockholders Agreement (510152 N B LTD)

Removal of Directors. Any or and all of the directors Directors may be removed with or without cause by vote of the members, or for cause by vote of Directors when there is a quorum of not less than a majority present at the stockholders or by meeting of Directors at which the action of the board. Directors may be removed without cause only by vote of the stockholdersis taken.

Appears in 2 contracts

Samples: Incorporation Agreement, Incorporation Agreement

Removal of Directors. Any or all of the directors Directors may be removed for cause by vote of the stockholders or by action of the board. Directors may be removed without cause only by vote of the stockholders.

Appears in 2 contracts

Samples: Accretive Health, Inc., Emcor Group Inc

Removal of Directors. Any or all of the directors may be removed for by cause by a majority vote of the stockholders or by action of the boardstockholders. Directors may be removed without cause only by vote more than 50% of the stockholdersthen outstanding stock entitled to vote.

Appears in 2 contracts

Samples: Plan and Agreement of Triangular Merger (Ars Networks Inc), Plan and Agreement of Triangular Merger (Ars Networks Inc)

Removal of Directors. Any or all Unless otherwise provided in the articles of incorporation, any member of the board of directors may be removed removed, with or without cause, by the board of directors or, at a meeting of the shareholders called expressly for cause that purpose, by a vote of the stockholders or by action holders of a majority of the board. Directors may be removed without cause only by shares then entitled to vote at an election of the stockholdersdirectors.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Lincoln National Corp), Agreement and Plan of Merger (Jefferson Pilot Corp)

Removal of Directors. Any director, or all the entire board of the directors directors, may be removed for from office with or without cause by the affirmative vote of the stockholders or by action holders of a majority of the board. Directors may be removed without cause only by vote voting power of the stockholdersthen outstanding shares of stock entitled to vote generally in the election of directors, voting together as a single class.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Blue Dolphin Energy Co), Agreement and Plan of Merger (American Resources Offshore Inc)

Removal of Directors. Any one or more or all of the -------------------- directors may be removed removed, at any time, but only for cause by vote the holders of at least a majority in voting power of the stockholders or by action then issued and outstanding shares of capital stock of the board. Directors may be removed without cause only by vote of the stockholdersCorporation.

Appears in 2 contracts

Samples: Contribution Agreement (Orion Pictures Corp), Contribution Agreement (Actava Group Inc)

Removal of Directors. Any or all of the directors may be removed with or without for cause by vote of the stockholders or by action of the board. Directors may be removed without cause only by vote of the stockholdersshareholders.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Frederick's of Hollywood Group Inc /Ny/)

Removal of Directors. Any or all of the directors director may be removed only for cause by the stockholders upon the affirmative vote of at leastwo-thirds of all the stockholders or by action votes entitled to be cast generally in the election of the board. Directors may be removed without cause only by vote of the stockholdersdirectors.

Appears in 1 contract

Samples: Dealer Manager Agreement

Removal of Directors. Any one or all more of the directors Directors may be removed for cause whether with or without cause, at any time by vote of the stockholders or by action holding a majority of the board. Directors may be removed without cause only by vote of the stockholdersstock, at any special meeting called for that purpose.

Appears in 1 contract

Samples: Agreement (Wallstreet Review Inc)

Removal of Directors. Any or all of the directors may be removed by the stockholders only for cause by the affirmative vote of the stockholders or by action holders of at least a majority of the board. Directors may be removed without cause only by vote voting power of all the outstanding voting stock of the stockholdersCorporation. Section 19.

Appears in 1 contract

Samples: Gte Corp

Removal of Directors. Any director or all the entire Board may be removed, with or without cause, by the holders of a majority of the directors may be removed for cause by shares at the time entitled to vote at an election of the stockholders or by action of the board. Directors may be removed without cause only by vote of the stockholdersdirectors.

Appears in 1 contract

Samples: Combination Agreement (NYSE Group, Inc.)

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Removal of Directors. Any or all of the directors may be removed for with or without cause by vote of the stockholders or by action of the boardstockholders. Directors may be removed without cause only by vote of the stockholders.Section 2.6

Appears in 1 contract

Samples: Agreement and Plan of Merger (Nortek Inc)

Removal of Directors. Any A director, or all the entire Board of Directors, may be removed, with or without cause, by the holders of a majority of the directors may shares then entitled to vote at an election of directors; provided, however, that if cumulative voting obtains and less than the entire Board of Directors is to be removed for cause by vote of the stockholders or by action of the board. Directors removed, no director may be removed without cause only by vote if the votes cast against such director’s removal would be sufficient to elect him if then cumulatively voted at an election of the stockholdersentire Board of Directors.

Appears in 1 contract

Samples: Agreement and Plan of Merger

Removal of Directors. Any one or more of the directors may be removed for cause by action of the Board of Directors. Any or all of the directors may be removed for with or without cause by vote of the stockholders or by action of the board. Directors may be removed without cause only by vote of the stockholdersshareholders.

Appears in 1 contract

Samples: Agreement of Merger and Plan of Reorganization (Numbeer, Inc.)

Removal of Directors. Any Subject to any provisions of applicable law, any or all of the directors may be removed for cause by vote of the stockholders or by action of the board. Directors may be removed without cause only by vote of the stockholders.

Appears in 1 contract

Samples: HF Foods Group Inc.

Removal of Directors. Any or all of the directors may be removed for cause by vote of the stockholders shareholders or by action of the boardBoard. Directors may be removed without cause only by vote of the stockholdersshareholders.

Appears in 1 contract

Samples: Pledge Agreement (Capital Gaming International Inc /Nj/)

Removal of Directors. Any or all of the directors may be removed for either with or without cause by a proper vote of the stockholders or by action of the board. Directors shareholders; and may be removed without with cause only by a majority vote of the stockholdersentire board.

Appears in 1 contract

Samples: Plan and Agreement of Merger (Collegiate Pacific Inc)

Removal of Directors. Any or all of the directors may be removed for cause by vote of either the stockholders or by action Board of the board. Directors may be removed without cause only by vote of the stockholdersDirectors.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Islet Sciences, Inc)

Removal of Directors. Any or all of the directors may be removed for removed, either with or without cause at any time by a vote of the stockholders shareholders at any meeting called for such purpose, and another director, or more than one may be elected by action such shareholders in the place of the board. Directors may be removed without cause only by vote director(s) so removed, to serve for the remainder of the stockholdersterm.

Appears in 1 contract

Samples: Exchange Agreement (Royal Acceptance Corp)

Removal of Directors. Any or all Subject to the Shareholders Agreement, any director of the directors Company or the entire Board may be removed for from office as a director with or without cause by vote of the stockholders or by other action of the board. Directors may be removed without cause only by vote holders of shares representing a majority of the stockholdersvotes entitled to be cast by the holders of Common Stock.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Convey Health Solutions Holdings, Inc.)

Removal of Directors. Any Subject to any limitation imposed by applicable law, any individual director or all of the directors may be removed for with or without cause by the affirmative vote of the stockholders or by action holders of a majority of all the then-outstanding shares of capital stock of the board. Directors may be removed without cause only by Company entitled to vote generally at an election of the stockholdersdirectors.

Appears in 1 contract

Samples: Business Combination Agreement (Freedom Acquisition I Corp.)

Removal of Directors. Any or all of the directors may -------------------- nay be removed for cause by vote of the stockholders with or by action of the board. Directors may be removed without cause only by vote of the stockholders.

Appears in 1 contract

Samples: Agreement (Knott David M)

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