Common use of Term of Directors Clause in Contracts

Term of Directors. Each director shall serve until his or her successor is elected and qualifies, or until his or her earlier resignation or removal.

Appears in 2 contracts

Samples: Merger Agreement (Edison Schools Inc), Merger Agreement (Edison Schools Inc)

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Term of Directors. Each director Director shall serve until his or her successor is elected and qualifiesdeath, resignation, retirement, removal or until his or her earlier resignation or removalsuccessor is duly appointed.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Novelis CORP), Limited Liability Company Agreement (Novelis CORP)

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