Common use of Succession and Vacancies Clause in Contracts

Succession and Vacancies. A director may be appointed to succeed him or herself. A director not so reappointed may continue to serve on the Board until his or her successor is appointed. A vacancy on the Board shall be filled by the Secretary from the departing director’s same group as those described in subparagraphs (b) (1), (2) and (3) of this section.

Appears in 12 contracts

Samples: Unified Carrier Registration Agreement, Unified Carrier Registration Agreement, Unified Carrier Registration Agreement

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