Replacement Directors. In the event that any Warburg Director is --------------------- unable to serve, or once having commenced to serve, is removed or withdraws from the Board (a "Withdrawing Director"), such Withdrawing Director's replacement (the "Substitute Director") will be designated by Warburg. A Warburg Director may be removed, with or without cause, by Warburg, and Warburg shall thereafter have the right to nominate a replacement for such director. The Investors and the Company agree to take all action within their respective power, including but not limited to, the voting of all shares of capital stock of the Company owned by them, to cause the election of such Substitute Director promptly following his or her nomination pursuant to this Section 1(c).
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Samples: Stockholders Agreement (Knoll Inc)
Replacement Directors. In the event that any Warburg Director (a "Withdrawing Director") designated in the manner set forth in Section 1(b) hereof is --------------------- unable to serve, or once having commenced to serve, is removed or withdraws from the Board (a "Withdrawing Director")Board, such Withdrawing Director's replacement (the "Substitute Director") will be designated by Warburg. A Warburg Director may be removed, with or without cause, by Warburg, Warburg and Warburg shall thereafter have the right to nominate a replacement for such director. The Investors and the Company agree to take all action within their respective power, including but not limited to, the voting of all shares of capital stock of the Company owned by them, them to cause the election of such Substitute Director promptly following his or her nomination pursuant to this Section 1(c).
Appears in 1 contract
Replacement Directors. In the event that any Warburg Director --------------------- is --------------------- unable to serve, or once having commenced to serve, is removed or withdraws from the Board (a "Withdrawing Director"), such Withdrawing Director's replacement (the "Substitute Director") will be designated by Warburg. A Warburg Director may be removed, with or without cause, by Warburg, and Warburg shall thereafter have the right to nominate a replacement for such director. The Investors and the Company agree to take all action within their respective power, including but not limited to, the voting of all shares of capital stock of the Company owned by them, to cause the election of such Substitute Director promptly following his or her nomination pursuant to this Section 1(c).
Appears in 1 contract
Samples: Stockholders Agreement (Knoll Inc)
Replacement Directors. In the event that any Warburg Director (a "Withdrawing Director") designated in the manner set forth in Section 2(a) hereof is --------------------- unable to serve, or once having commenced to serve, is removed or withdraws from the Board (a "Withdrawing Director")Board, such Withdrawing Director's replacement (the "Substitute Director") will be designated by Warburg. A Warburg Director may be removed, with or without cause, by Warburg, and Warburg shall thereafter have the right to nominate a replacement for such director. The Investors and the Company agree to take all action within their respective power, including but not limited to, the voting of all shares of capital stock of the Company owned by them, them (i) to cause the election of such Substitute Director promptly following his or her nomination pursuant to this Section 1(c)2(b) or (ii) upon the written request of Warburg to remove, with or without cause, the Warburg Director.
Appears in 1 contract
Samples: Stockholders Agreement (American Medical Systems Holdings Inc)