Common use of Substitute Directors Clause in Contracts

Substitute Directors. A Party shall have the right to designate a Substitute Director in the event that a Director previously designated by it shall resign, retire, die, or otherwise be unable or unavailable to serve.

Appears in 2 contracts

Samples: Joint Venture Agreement (Millennium Group Worldwide Inc), Joint Venture Agreement (Millennium Group Worldwide Inc)

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Substitute Directors. A Party shall have the right to designate a Substitute Director (“Substitute Director”) in the event that a Director previously designated by it shall resign, retire, die, or otherwise be unable or unavailable to serve.

Appears in 2 contracts

Samples: Shareholders Joint Venture Agreement (Northern Technologies International Corp), Shareholders Joint Venture Agreement (Northern Technologies International Corp)

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