Common use of Removal of Directors Clause in Contracts

Removal of Directors. Except as may otherwise be provided by the General Corporation Law, any director or the entire Board of Directors may be removed, with or without cause, by the holders of a majority of the shares then entitled to vote at an election of directors.

Appears in 7 contracts

Samples: Agreement and Plan of Merger (Gca I Acquisition Corp), Merger Agreement (Gca I Acquisition Corp), Merger Agreement (Gca I Acquisition Corp)

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Removal of Directors. Except as may Unless otherwise be provided restricted by the General Corporation Lawcertificate of incorporation or bylaw, any director or the entire Board of Directors may be removed, with or without cause, by the holders of a majority of the shares then entitled to vote at an election of directors.

Appears in 3 contracts

Samples: 10 K Annual Report, Merger Agreement (Dura Pharmaceuticals Inc/Ca), Common Stock Purchase Agreement (Lets Talk Cellular & Wireless Inc)

Removal of Directors. Except as may Unless otherwise be provided restricted or permitted by the General Corporation LawCertificate of Incorporation or these Bylaws, any director or the entire Board of Directors may be removed, with or without cause, by the holders of a majority of the shares then entitled to vote at an election of directorsdirectors at any meeting of stockholders or any adjournment thereof or by action taken by the stockholders by written consent without a meeting.

Appears in 3 contracts

Samples: Business Combination Agreement (T-Mobile US, Inc.), Business Combination Agreement (SPRINT Corp), Business Combination Agreement (Metropcs Communications Inc)

Removal of Directors. Except as may otherwise be provided by the General Corporation LawLaw of the State of Delaware, any director or the entire Board of Directors may be removed, with or without cause, by the holders of a majority of the shares then entitled to vote at an election of directors.

Appears in 2 contracts

Samples: By Laws (WMF Group LTD), By Laws (WMF Group LTD)

Removal of Directors. Except as One or more or all of the directors of the Corporation may otherwise be provided removed for cause by the General Corporation Law, any director or stockholders by the entire Board affirmative vote of Directors may be removed, with or without cause, the majority of the votes cast by the holders of a majority of the shares then entitled to vote at an for the election of directors.

Appears in 2 contracts

Samples: Stock and Warrant Purchase Agreement (Princeton Video Image Inc), Stock and Warrant Purchase Agreement (Princeton Video Image Inc)

Removal of Directors. Except as may otherwise be provided by the General Corporation LawLaw of the State of Delaware, any director a director, or the entire Board of Directors Directors, may be removed, with or without cause, by the holders of a majority in voting power of the outstanding shares of stock then entitled to vote at an election of directors.

Appears in 2 contracts

Samples: Business Combination Agreement (Atlas Holdings, Inc.), Business Combination Agreement (Impax Laboratories Inc)

Removal of Directors. Except as may Unless otherwise be provided restricted by the General Corporation LawArticles of Incorporation or these bylaws, any director Director or the entire Board of Directors may be removed, with or without cause, by the holders of a majority of the shares then entitled to vote at an election of directorsDirectors; provided, however, that the initial Directors appointed pursuant to the Corporation’s organizational resolutions may be removed, with or without cause, only by the holders of at least two-thirds of the shares entitled to vote at an elections of Directors.

Appears in 1 contract

Samples: Bylaws (Powin Corp)

Removal of Directors. Except as may Unless otherwise be provided restricted by the General Corporation LawArticles of Incorporation or by law, any director or the entire Board of Directors may be removed, with or without cause, by the holders of a majority of the shares then entitled to vote at an election of directors.

Appears in 1 contract

Samples: Merger Agreement (Perry-Judds Inc)

Removal of Directors. Except as a. Neither the Board of Directors nor any individual director may otherwise be provided removed without cause. b. Subject to any limitation imposed by the General Corporation Lawlaw, any director or the entire Board of Directors may be removed, removed with or without cause, cause by the holders of a majority at least 75% of the shares then voting power of the Corporation entitled to vote at an election of directors.

Appears in 1 contract

Samples: Stockholder Agreement (Jazz Semiconductor Inc)

Removal of Directors. Except as may otherwise be provided by the General Corporation LawDGCL, any director or the entire Board of Directors may be removed, with or without cause, by the holders of a majority of the shares then entitled to vote at an election of directors.

Appears in 1 contract

Samples: Merger Agreement (Valeritas Holdings Inc.)

Removal of Directors. Except as may Unless otherwise be provided restricted by the General Corporation Lawcertificate of incorporation, the Shareholders Agreement or by law, any director or the entire Board board of Directors directors may be removed, with or without cause, by the holders of a majority of the shares then entitled to vote at an election of directors.

Appears in 1 contract

Samples: Joint Venture and Shareholders Agreement (Hyster Yale Materials Handling Inc.)

Removal of Directors. Except as may Unless otherwise be provided restricted by the General Corporation LawCertificate of Incorporation or Bylaws, any director or the entire Board of Directors of the Corporation may be removed, with or without cause, by the holders of a majority of the shares then entitled to vote at an election of directors.

Appears in 1 contract

Samples: By Laws (Homebase Acquisition, LLC)

Removal of Directors. Except as may otherwise be provided by the -------------------- General Corporation Law, any director or the entire Board of Directors may be removed, with or without cause, by the holders of a majority of the shares then entitled to vote at an election of directors.

Appears in 1 contract

Samples: By Laws (Sycamore Park Convalescent Hospital)

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Removal of Directors. Except as may Unless otherwise be provided restricted by the General Corporation Lawcertificate of incorporation, the Shareholders Agreement or by law, any director or the entire Board of Directors may be removed, with or without cause, by the holders of a majority of the shares then entitled to vote at an election of directors.

Appears in 1 contract

Samples: Joint Venture and Shareholders Agreement (Hyster-Yale Materials Handling, Inc.)

Removal of Directors. Except as may Unless otherwise be provided restricted by statute, by the General Corporation Lawcertificate of incorporation or by these bylaws, any director or the entire Board board of Directors directors may be removed, with or without cause, by the holders of a majority of the shares then entitled to vote at an election of directors.

Appears in 1 contract

Samples: Merger Agreement (Proquest Co)

Removal of Directors. Except as may otherwise be provided prohibited by the General Corporation Law, any director applicable law or the entire Board certificate of Directors may be removedincorporation, with or without cause, by the holders of stockholders holding a majority of the shares then entitled to vote at an election of directorsdirectors may remove any director from office with or without cause. No reduction of the authorized number of directors shall have the effect of removing any director prior to the expiration of such director’s term of office.

Appears in 1 contract

Samples: Merger Agreement (Command Center, Inc.)

Removal of Directors. Except as may Unless otherwise be provided restricted by the General Corporation Lawcertificate of incorporation or by law, any director or the entire Board board of Directors directors may be removed, with or without cause, by the holders of a majority of the shares then entitled to vote at an election of directors.

Appears in 1 contract

Samples: Merger Agreement (Dice Holdings, Inc.)

Removal of Directors. Except as may Unless otherwise be provided restricted by the General Corporation LawCertificate of Incorporation or these Bylaws, any director or the entire Board of Directors may be removed, with or without cause, by the holders of a majority of the shares then entitled to vote at an election of directors.

Appears in 1 contract

Samples: Bylaws (Metropcs California/Florida Inc)

Removal of Directors. Except as may otherwise be provided by the General Corporation Private Corporations Law, any director or the entire Board of Directors may be removed, with or without cause, by the holders of a majority of the shares then entitled to vote at an election of directors.

Appears in 1 contract

Samples: Merger Agreement (Bullfrog Gold Corp.)

Removal of Directors. Except as may otherwise be provided by the General Corporation Lawlaw, any director or the entire Board board of Directors directors may be removed, with or without cause, by the holders of a majority of the shares of the stock of the corporation then entitled to vote at an election of directors.

Appears in 1 contract

Samples: Merger Agreement (Zevex International Inc)

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