Size of Initial Board. The board of directors (each, a “Director” and, collectively, the “Board”) shall initially consist of eleven (11) directors, divided into three classes designated Class I, Class II and Class III. The number of directors may be changed only by the vote of the Board, including the affirmative vote of the Squadron Directors.
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Samples: Stockholders’ Agreement (Orthopediatrics Corp), Stockholders’ Agreement (Orthopediatrics Corp)
Size of Initial Board. The board of directors (each, a “Director” and, collectively, the “Board”) Board shall initially consist of eleven thirteen (1113) directors, divided into three classes designated Class I, Class II and Class III. The number of directors may be changed only by the vote of the BoardBoard in accordance with the charter, including the affirmative vote certificates of designations and bylaws of the Squadron DirectorsCorporation.
Appears in 2 contracts
Samples: Stockholders Agreement (General Motors Co), Stockholders Agreement (General Motors Co)
Size of Initial Board. The board of directors (each, a “Director” and, collectively, the “Board”) Board shall initially consist of eleven thirteen (1113) directors, divided into three classes designated Class I, Class II and Class III. The number of directors may be changed only by the vote of the Board, including Board in accordance with the affirmative vote bylaws of the Squadron DirectorsCorporation.
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