Common use of Resignation of Shareholder Nominees Clause in Contracts

Resignation of Shareholder Nominees. Unless otherwise agreed by the Company, the Shareholder shall cause each of the Shareholder Nominees then serving on the Board to offer their resignations from the Board immediately upon the earlier to occur of the following:

Appears in 4 contracts

Samples: Shareholder Agreement (Westar Industries Inc), Shareholder Agreement (Western Resources Inc /Ks), Shareholder Agreement (Oneok Inc)

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Resignation of Shareholder Nominees. Unless otherwise agreed by the Company, the Shareholder shall cause each of the Shareholder Nominees then serving on the Board to offer their resignations from the Board immediately upon the earlier termination of this Agreement pursuant to occur of the following:and in accordance with Section 5.2 hereof.

Appears in 1 contract

Samples: Shareholder Agreement (Semco Energy Inc)

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