Common use of Selection of a New Operator Clause in Contracts

Selection of a New Operator. As soon as practicable after the effective date of the resignation or removal of the Operator, the Non-Operator obtaining the largest number of votes in favour of its appointment shall, subject to its acceptance of the position and subject to the consent of the Danish Energy Agen- cy, be selected by the Operating Committee to assume the position of Operator with effect from the effective date of the resignation or removal of the prior Operator. In the case of the removal of the Operator, if the Party, which is the Operator, or any Party which is an Affiliate of the Operator either fails to vote or votes for itself or any of its Affiliates as successor to the Operatorship, those votes shall be ignored and the number of votes required for any such de- cision shall be per cent (..%) of the total Percentage Interests held by the other Parties.

Selection of a New Operator. As soon as practicable after the effective date of the resignation or removal of the Operator, the Non-Operator obtaining the largest number of votes in favour of its appointment shall, subject to its acceptance of the position and subject to the consent of the Danish Energy Agen- cyAgency, be selected by the Operating Committee to assume the position of Operator with effect from the effective date of the resignation or removal of the prior Operator. In the case of the removal selection of the a new Operator, if the Party, which is the Operator, or any Party which is an Affiliate of the Operator either fails to vote or votes for itself or any of its Affiliates as successor to the Operatorshipoperatorship, those votes shall be ignored and the number of votes required for any such de- cision decision shall be per cent (..%) of the total Percentage Interests held by the other Parties.

Selection of a New Operator. As soon as practicable after the effective date of the resignation or removal of the Operator, the Non-Operator obtaining the largest number of votes in favour of its appointment shall, subject to its acceptance of the position and subject to the consent of the Danish Energy Agen- cyAgency, be selected by the Operating Committee to assume the position of Operator with effect from the effective date of the resignation or removal of the prior Operator. In the case of the removal selection of the a new Operator, if the Party, which is the Operator, or any Party which is an Affiliate of the Operator either fails to vote or votes for itself or any of its Affiliates as successor to the Operatorshipoperatorship, those votes shall be ignored and the number of votes required for any such de- cision decision shall be ___ per cent (..%) of the total Percentage Interests held by the other Parties.

Selection of a New Operator. As soon as practicable after the effective date of the resignation or removal of the Operator, the Non-Operator obtaining the largest number of votes in favour of its appointment shall, subject to its acceptance of the position and subject to the consent of the Danish Energy Agen- cyAgency, be selected by the Operating Committee to assume the position of Operator with effect from the effective date of the resignation or removal of the prior Operator. In the case of the removal of the Operator, if the Party, which is the Operator, or any Party which is an Affiliate of the Operator either fails to vote or votes for itself or any of its Affiliates as successor to the Operatorship, those votes shall be ignored and the number of votes required for any such de- cision decision shall be ___ per cent (..%) of the total Percentage Interests held by the other Parties.