Common use of Resignation; Successors Clause in Contracts

Resignation; Successors. The Stockholder Representative, or any ----------------------- successor hereafter appointed, may resign and shall be discharged of his duties hereunder upon the appointment of a successor Stockholder Representative as hereinafter provided. In case of such resignation, or in the event of the death or inability to act of the Stockholder Representative, a successor shall be named from among the Stockholders by a majority of the members of the Board of Directors of Source who served on such board prior to the Merger. Each such successor Stockholder Representative shall have all the power, authority, rights and privileges hereby conferred upon the original Stockholder Representative, and the term "Stockholder Representative" as used herein shall be deemed to include such successor Stockholder Representative.

Resignation; Successors. The Stockholder Shareholder Representative, or any ----------------------- successor hereafter appointed, may resign and shall be discharged of his duties hereunder upon the appointment of a successor Stockholder Shareholder Representative as hereinafter provided. In case of such resignation, or in the event of the death or inability to act of the Stockholder Shareholder Representative, a successor shall be named from among the Stockholders Shareholders by a majority of the members of the Board of Directors of Source VoiceCom who served on such board prior to the MergerStock Purchase. Each such successor Stockholder Shareholder Representative shall have all the power, authority, rights and privileges hereby conferred upon the original Stockholder Shareholder Representative, and the term "Stockholder Shareholder Representative" as used herein shall be deemed to include such successor Stockholder Shareholder Representative.

Resignation; Successors. The Stockholder Shareholders Representative, or any ----------------------- successor hereafter appointed, may resign and shall be discharged of his duties hereunder upon the appointment of a successor Stockholder Shareholders Representative as hereinafter provided. In case of such resignation, or in the event of the death or inability to act of the Stockholder Shareholders Representative, a successor shall be named from among the Stockholders Shareholders by a majority of the members of the Board board of Directors directors of Source the Company who served on such board prior to the MergerClosing Date. Each such successor Stockholder Shareholders Representative shall have all the power, authority, rights and privileges hereby conferred upon the original Stockholder Shareholders Representative, and the term "Stockholder Shareholders Representative" as used herein shall be deemed to include such successor Stockholder Shareholders Representative.