Resignations and Replacements. (a) If any Stockholder Director is removed or otherwise ceases to serve as a Director for any reason other than in accordance with the Certificate of Designation (a "Departing Stockholder Director") or Section 2.01(b) or 2.02(c), the parties hereto each shall use its best efforts to cause the vacancy created by such Director ceasing to serve to be filled by a Stockholder Director who shall serve out the remaining term of the Departing Stockholder Director, after which time, such Stockholder Director position shall be filled according to Section 2.01(b).
Resignations and Replacements. (a) If at any time a member of the Board resigns (pursuant to this Section 2.05 or otherwise) or is removed in accordance with applicable law or Hexcel's by-laws, a new member shall be designated to replace such member until the next election of directors. If consistent with Section 2.02 the replacement director is to be an Investor Director, the party that designated such Investor Director shall designate the replacement Investor Director. Except as set forth in paragraph (c) below, if consistent with Section 2.02, the replacement director is to be a Non-Investor Director, such Non-Investor Director (including the Chairman of the Board if he or she is a Non-Investor Director) shall be designated in accordance with the terms of this Agreement.
Resignations and Replacements. In the event that the candidate is a beneficiary of any other type of similar scholarship in the period between the VHIR grant deadline and the six months after the grant is awarded, he/she must resign from the VHIR scholarship, which will be awarded to the first reserve candidate. The beneficiary of the grant must give written notice to the address xxxxxxxxx@xxxx.xxx in order to interrupt the VHIR grant. Same procedure must be followed in case of voluntary resignation for any other matter. Failure to comply with this obligation will result in the loss of the grant and the inherent benefits, and will generate the right of VHIR to require the candidate to refund the inappropriately paid amounts. If the resignation occurs within 6 months from the start of the pre-doctoral contract, the Evaluation Committee may agree to substitute the candidate in accordance with the order of the final list.
Resignations and Replacements. (a) If at any time a member of the Board resigns (pursuant to this Section 2.05 or otherwise) or is removed, a new member shall be designated to replace such member until the next election of directors. If consistent with Section 2.02 the replacement director is to be a Ciba Director, Ciba shall designate the replacement Ciba Director. If the former member was the Chairman or President, the replacement Chairman or President, respectively, shall be the replacement. Except as set forth in paragraph (c) below, if consistent with Section 2.02, the replacement director is to be an Independent Director (other than the Chairman or President), the remaining Independent Directors (including the Chairman and the President if he or she is an Independent Director) shall designate the replacement Independent Director.
Resignations and Replacements. (a) If at any time a member of the Board resigns (pursuant to this Section 2.05 or otherwise) or is removed in accordance with applicable law or Hexcel's by-laws, a new member shall be designated to replace such member until the next election of directors. If consistent with Section 2.02 the replacement director is to be an Investors' Director, the party that designated such Investors' Director shall designate the replacement Investors' Director. If the former member was the Chairman, the replacement Chairman shall be the replacement. Except as set forth in paragraph (c) below, if consistent with Section 2.02, the replacement director is to be an Independent Director (other than the Chairman), the remaining Independent Directors (including the Chairman if he or she is an Independent Director) shall designate the replacement Independent Director.
Resignations and Replacements. 7 2.03. Rights of Estate of Xx. Xxxxx .................................8 2.04. Committees Generally; Nominating Committee ....................8 2.05. Meetings; Budget; Board Fees and Expenses .....................9 2.06.
Resignations and Replacements. If at any time a member of the Board resigns or is removed, a new member shall be designated to replace such member until the next election of directors. If, consistent with Section 2.3, the replacement director is to be a Morgxx Xxxector, Morgxx Xxxociates shall designate the replacement Morgxx Xxxector.
Resignations and Replacements. (i) Subject to paragraph (ii) below, if at any time an Investor Director resigns or is removed in accordance with applicable Law or the Company’s by-laws, a new Investor Director shall be designated by Investor and appointed by the Board pursuant to the procedures set forth in this Section 7.3, subject to applicable Law and the Nominating Committee’s fiduciary duties.
Resignations and Replacements. If at any time a member of the Board resigns or is removed, a new member shall be designated to replace such member until the next election of directors. If, consistent with Section 2.3, the replacement director is to be a Kinder Director, Kinder shall designate the replacement Kinder Director.
Resignations and Replacements. (a) As long as SFIC Holdings has the right pursuant to the first sentence of Section 3.2(a) to designate a Director, subject to Section 3.2, Section 3.3(b), and Section 3.5, if a KPC Designee ceases to serve as a Director for any reason, SFIC shall exercise all authority under applicable law to cause the vacancy created by such Director ceasing to serve to be filled by the affirmative vote of a majority of the remaining Directors then in office, through the appointment of another KPC Designee.
