Common use of Term of Office of Directors Clause in Contracts

Term of Office of Directors. The term of office of a Director shall expire upon the conclusion of the ordinary general meeting of shareholders held in respect of the last fiscal year ending within two (2) years after his assumption of office.

Term of Office of Directors. The term of office of a Director directors shall expire upon at the conclusion close of the ordinary general meeting of shareholders held in respect of relation to the last fiscal settlement of accounts within one (1) year ending within two (2) years after his following their assumption of office.

Term of Office of Directors. The term of office of a Director shall expire upon at the conclusion close of the ordinary general meeting Ordinary General Meeting of shareholders held in respect of Shareholders for the last fiscal year ending within two one (21) years year after his assumption of officeor her appointment.

Term of Office of Directors. 1. The term terms of office of a Director directors shall expire upon the conclusion of the ordinary general meeting of shareholders held in respect of for the last fiscal year ending within two (2) years after his their assumption of office. 2. The term of office of a director elected as a replacement director or due to increase of directors shall expire when the terms of office of the other directors expire.