Common use of Replacement of Directors Clause in Contracts

Replacement of Directors. If at any time, a vacancy is ------------------------ created on the Board of Directors by reason of the incapacity, death, removal or resignation of the General Atlantic Director, then the General Atlantic Stockholders shall designate an individual to fill such vacancy until the next Stockholders Meeting.

Appears in 1 contract

Samples: Stockholders Agreement (Synapse Group Inc)

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Replacement of Directors. (a) If at any time, a vacancy is ------------------------ created on the Board of Directors by reason of the incapacity, death, removal or resignation of the General Atlantic GAP Director, then the General Atlantic Stockholders shall designate an individual who shall be appointed to fill such vacancy until the next Stockholders Meeting.

Appears in 1 contract

Samples: Stockholders Agreement (Probusiness Services Inc)

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 the a Preferred Shareholder Director or General Atlantic Director, as the case may be, designated pursuant to Section 6.3 hereof, then the Preferred Shareholder who designated such Preferred Shareholder Director or the General Atlantic Stockholders Shareholders, as the case may be, shall designate an individual who shall be elected to fill such the vacancy until the next Stockholders Shareholders Meeting.

Appears in 1 contract

Samples: Shareholders Agreement (A-Max Technology LTD)

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 General Atlantic DirectorDirectors designated pursuant to Section 6.3 hereof, then the General Atlantic Stockholders Shareholders shall designate an individual who shall be elected to fill such the vacancy until the next Stockholders Shareholders Meeting.

Appears in 1 contract

Samples: Shareholders Agreement (General Atlantic LLC)

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Replacement of Directors. (a) If at any time, a vacancy is ------------------------ created on the Board of Directors by reason of the incapacity, death, removal or resignation of the a General Atlantic Director, then the General Atlantic Stockholders shall designate an individual a nominee to be elected to fill such vacancy until the next Stockholders Meeting.

Appears in 1 contract

Samples: Stockholders Agreement (LHS Group Inc)

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