Term of Directors. (a) Subject to the rights of the holders of any series of Preferred Stock to elect additional directors under specified circumstances, directors shall be elected at each annual meeting of stockholders to serve until the next annual meeting of stockholders and his successor is duly elected and qualified or until his death, resignation or removal. No decrease in the number of directors constituting the Board of Directors shall shorten the term of any incumbent director.
Term of Directors. Each member of the Agency Board of Directors will serve until replaced by the appointing Member or Affiliated Party.
Term of Directors. Each Director shall serve until his or her death, resignation, retirement, removal or his or her successor is duly appointed.
Term of Directors. Each Director shall continue to serve as such until his death, incapacity, resignation, or removal, as herein provided. Any Employer Director may be removed at will by the Employer party which shall have appointed him; and any Union Director may be removed at will by the Union party, which shall have appointed him. 33 Section AMENDED - Article III is amended 12/15/99 (Amendment LXIV), effective 1/1/00. (Eliminates any rights/reference of Alternate Directors. 34 Section AMENDED 9/16/59 (Amendment III) Section AMENDED 5/9/62 (Amendment IX) Section AMENDED 9/9/64 (Amendment X) Section AMENDED 1/12/66 (Amendment XIII) Section AMENDED 2/21/67 (Amendment XV) Section AMENDED 6/23/87 (Amendment XLII) 35 Section AMENDED 10/31/13 (Amendment CXVI), effective 3/6/14. Agreement and Declaration of Trust (Inclusive of Amendments I through CXXXVI)
Term of Directors. The term of office of a Director shall be three (3) years; provided, however, that if such term expires before the close of the ordinary General Meeting of Shareholders concerning the last fiscal year that ended during the three-year term, it shall be extended until the close of such General Meeting of Shareholders.
Term of Directors. Each member of the Authority Board of Directors, and alternates to the Board member, will serve at the pleasure of its appointing authority, which shall have the authority to appoint and remove its appointees in its sole and absolute discretion. Each appointing authority shall notify the Authority in writing of its designated Board members and alternate Board members.
Term of Directors. The Directors shall remain in office for the longest term permitted by Chilean Law, and will in any event remain in office until replaced by the Shareholders Meeting. In the event any Director were to resign, die or otherwise be unable to continue exercising his duties as such, the Parties agree that the Board of Directors will elect as a replacement the person indicated by the Party that designated such Director. In the event any Shareholder wishes to remove any member of the Board of Directors elected by such Shareholder and such Director does not resign, the parties agree to immediately call for an extraordinary shareholders meeting to remove the whole Board of Directors and elect their replacements, which can be any of the Directors designated before. The minutes of the shareholders meetings shall reflect the nominees appointed by each shareholder and the result of the voting process.
Term of Directors. The Directors named in the Certificate of Incorporation shall hold office until the first annual meeting of shareholders, and until their successors shall have been elected and qualified. At the first annual meeting of shareholders and at each annual meeting thereafter, the shareholders shall elect Directors to hold office until the next succeeding
Term of Directors. The Parties agree that, notwithstanding any provision of the Certificate of Incorporation or By-Laws of the Company to the contrary, the term of each Incumbent Director and of each Xxxxxx Director shall expire at the next annual meeting of stockholders consistent with section 223(c) of the General Corporation Law of the State of Delaware (the “Delaware Corporation Law”). The Parties further agree that the agenda for the next annual meeting of stockholders, consistent with Article Seventh of the Certificate of Incorporation, shall provide, among other things:
Term of Directors. At each annual meeting the stockholders shall elect directors to hold office until the next succeeding annual meeting, except as otherwise
