Common use of Removal of Directors Clause in Contracts

Removal of Directors. Subject to any rights of the holders of Preferred Stock, any director may be removed from office by the affirmative vote of the holders of at least two-thirds (2/3rds) of the voting power of all shares of the corporation entitled to vote generally in the election of directors (voting as a single class).

Appears in 6 contracts

Samples: Distribution Agreement (LTC Healthcare Inc), Distribution Agreement (LTC Properties Inc), Distribution Agreement (LTC Healthcare Inc)

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Removal of Directors. Subject to any rights of the holders of Preferred Stock, any Any director may be removed from office for cause at any time by the affirmative vote of the holders of at least two-thirds (2/3rds) of the voting power a majority of all the shares of the corporation stock outstanding and entitled to vote generally in for the election of directors (voting as directors, given at a single class)special meeting of such stockholders called for the purpose; and the vacancy in the Board of Directors caused by such removal shall be filled by such stockholders at such meeting, or, if the stockholders shall fail to fill such vacancy, by the Board of Directors.

Appears in 4 contracts

Samples: By Laws (Honeywell Inc), By Laws (Honeywell Inc), By Laws (Honeywell Inc)

Removal of Directors. Subject to Except as otherwise provided in any rights of the holders of Preferred Stock-------------------- Stock Designation, any director may be removed from office only by the affirmative vote of the holders of at least two-thirds (2/3rds) a majority or more of the combined voting power of all the then outstanding shares of capital stock of the corporation Company entitled to vote generally in the election at a meeting of directors (stockholders called for that purpose, voting together as a single class).

Appears in 3 contracts

Samples: Merger Agreement (Med X Systems Inc), Merger Agreement (Atng Inc), Merger Agreement (Us Microbics Inc)

Removal of Directors. Subject to any the rights of the holders of any series of Preferred Stock, any individual director or directors may be removed from office only with cause by the affirmative vote of the holders of at least two-thirds (2/3rds) a majority of the voting power of all then-outstanding shares of capital stock of the corporation Corporation entitled to vote generally in the at an election of directors (voting as a single class)directors.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Xos, Inc.), Agreement and Plan of Merger (NextGen Acquisition Corp)

Removal of Directors. Subject to any rights the rights, if any, of the holders of shares of Preferred StockStock then outstanding, any director or all of the directors of the Corporation may be removed from office at any time, but only for cause and only by the affirmative vote of the holders of at least two-thirds (2/3rds) a majority of the voting power of all shares outstanding capital stock of the corporation Corporation then entitled to vote generally in the election of directors (voting directors, considered for purposes of this Article VII as a single one class).

Appears in 2 contracts

Samples: Reorganization Agreement (Fidelity National Financial, Inc.), Reorganization Agreement (Cannae Holdings, Inc.)

Removal of Directors. Subject to any rights of the holders of Preferred Stocklimitations imposed by applicable law, any individual director or directors may be removed from office with cause by the affirmative vote of the holders of at least two-thirds (2/3rds) 66 2/3% of the voting power of all then-outstanding shares of capital stock of the corporation Corporation entitled to vote generally in the at an election of directors (voting as a single class)directors.

Appears in 1 contract

Samples: Merger Agreement (Forum Merger III Corp)

Removal of Directors. Subject to any rights of the holders of Preferred Stock, any Any director may be removed from office removed, either with or without cause, at any time, by the affirmative vote of the holders of at least two-thirds (2/3rds) 80% of the combined voting power of all the then-outstanding shares of all classes and series of stock of the corporation Company entitled to vote generally in the election of directors (directors, voting together as a single class), at a special meeting of stockholders duly called and held for the purpose or at an annual meeting of stockholders.

Appears in 1 contract

Samples: Bylaws (Penney J C Co Inc)

Removal of Directors. Subject to any the rights of the holders of any series of Preferred Stock, any director directors may be removed from office by only for cause upon the affirmative vote of the holders of at least two-thirds (2/3rds) of the voting power of all shares of the corporation entitled to vote generally in the election of directors (voting as a single class).majority

Appears in 1 contract

Samples: Inter Group Agreement (Liberty Media Corp /De/)

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Removal of Directors. Subject to any the rights of the holders of the shares of any series of Preferred Stock, the Board or any individual director may be removed from office only by the affirmative vote of the holders of at least two-thirds (2/3rds) of the in voting power of all the outstanding shares of capital stock of the corporation Corporation entitled to vote generally in the election of directors (voting as a single class)thereon.

Appears in 1 contract

Samples: Merger Agreement (Park Place Energy Corp.)

Removal of Directors. Subject to any rights of the holders of Preferred Stocklimitations imposed by applicable law, any individual director or directors may be removed from office with cause by the affirmative vote of the holders of at least two-thirds (2/3rds) 66 2/3% of the voting power of all then-outstanding shares of capital stock of the corporation Company entitled to vote generally in the at an election of directors (voting as a single class)directors.

Appears in 1 contract

Samples: Business Combination Agreement (Tortoise Acquisition Corp.)

Removal of Directors. Subject to any rights of the holders of Preferred Stocklimitations imposed by applicable law, any individual director or directors may be removed from office with cause by the affirmative vote of the holders of at least two-thirds (2/3rds) a majority of the voting power of all then-outstanding shares of capital stock of the corporation Company entitled to vote generally in the at an election of directors (voting as a single class)directors.

Appears in 1 contract

Samples: Merger Agreement (Hennessy Capital Acquisition Corp IV)

Removal of Directors. Subject to any the rights of the holders of any series of Preferred StockStock then outstanding, any director director, or the entire board of directors, may be removed from office only for cause and only by the affirmative vote of the holders of at least two-thirds (2/3rds) a majority of the voting power of all shares of the this corporation entitled to vote generally in for the election of directors (voting as a single class).directors. As used herein, "

Appears in 1 contract

Samples: Merger Agreement (Drummond Financial Corp)

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