Common use of Replacement of Directors Clause in Contracts

Replacement of Directors. (i) If at any time, a vacancy is created on the Board of Directors by reason of the incapacity, death, removal or resignation of any of the director designated pursuant to Section 6.3 hereof, then the Stockholder(s) who designated such director shall designate an individual who shall be elected to fill the vacancy until the next Stockholders Meeting.

Appears in 5 contracts

Samples: Stockholders Agreement (Cypress Capital Advisors LLC), Stockholders Agreement (Heartland Industrial Partners L P), Stockholders Agreement (Cypress Capital Advisors LLC)

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Replacement of Directors. (i) If at any time, a vacancy is created on the Board of Directors by reason of the incapacity, death, removal or resignation of any of the director Directors designated pursuant to Section 6.3 hereof, then the Stockholder(s) who designated such director shall designate an individual who shall be elected to fill the vacancy until the next Stockholders Meeting.to

Appears in 3 contracts

Samples: Investor Rights Agreement (Satyam Infoway LTD), Investor Rights Agreement (Satyam Infoway LTD), Sify LTD

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Replacement of Directors. (ia) If at any time, a vacancy is created on the Board of Directors of the Corporation by reason of the incapacity, death, removal or resignation of any of the director 1818 Directors designated pursuant to Section 6.3 7.1 hereof, then the Stockholder(s) who designated such director 1818 shall designate an individual who shall be elected to fill the vacancy until the next Stockholders Meetingmeeting of Stockholders.

Appears in 1 contract

Samples: Stockholders Agreement (Picis Inc)

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