RIGHTS UNIMPAIRED. Nothing in this Agreement shall be construed to impair any rights that the stockholders of the Company or any Subsidiary of the Company may have to remove any director for cause. No removal for cause of an individual designated pursuant to this Section 2 shall affect the right of Xxxxxx or the Management Stockholders, as applicable, to designate a different individual pursuant to this Section 2 to fill the directorship from which such individual was removed.
Appears in 3 contracts
Samples: Warrant Agreement (Eplus Inc), Stockholders Agreement (MLC Holdings Inc), Amendment (Eplus Inc)
RIGHTS UNIMPAIRED. Nothing in this Agreement shall be construed to impair any rights that the stockholders of the Company or any Subsidiary of the Company may have to remove any director for causedirector. No removal for cause of an individual designated pursuant to this Section 2 shall affect the right of Xxxxxx or the Management Stockholders, as applicable, Principal Stockholders to designate a different individual pursuant to this Section 2 to fill the directorship from which such individual was removed.
Appears in 2 contracts
Samples: Stockholders Agreement (Radio One Inc), Stockholders Agreement (Radio One Inc)
RIGHTS UNIMPAIRED. Nothing in this Agreement shall be construed to impair any rights that the stockholders of the Company or any Subsidiary of the Company may have to remove any director for cause. No removal for cause of an individual designated pursuant to this Section 2 hereof shall affect the right of Xxxxxx or the Management Stockholders, as applicable, AIP to designate a different individual pursuant to this Section 2 hereof to fill the directorship from which such individual was removed.
Appears in 1 contract
RIGHTS UNIMPAIRED. Nothing in this Agreement shall be construed to impair any rights that the stockholders of the Company or any Subsidiary of the Company may have to remove any director for cause. No removal for cause of an individual designated pursuant to this Section 2 shall affect the right of Xxxxxx or Thayxx xx the Management Stockholders, as applicable, to designate a different individual pursuant to this Section 2 to fill the directorship from which such individual was removed.
Appears in 1 contract
Samples: Stockholders Agreement (Thayer Equity Investors Iii Lp)
RIGHTS UNIMPAIRED. Nothing in this Agreement shall be construed to impair any rights that the stockholders of the Company or any Subsidiary of the Company may have to remove any director for cause. No removal for cause of an individual designated pursuant to this Section 2 shall affect the right of Xxxxxx or the Management Stockholders, as applicable, AIP to designate a different individual pursuant to this Section 2 to fill the directorship from which such individual was removed.
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