Term of Office, Resignation and Removal. (a) Each officer shall be appointed by the Board and shall hold office for such term as may be determined by the Board. Each officer shall hold office until his successor has been appointed and qualified or his earlier death or resignation or removal in the manner hereinafter provided. The Board may require any officer to give security for the faithful performance of his duties.
Appears in 8 contracts
Samples: Business Combination Agreement (Namib Minerals), Cooperation Agreement, Agreement and Plan of Merger (PeopleSupport, Inc.)
Term of Office, Resignation and Removal. (a) Each officer All officers shall be elected or appointed by the Board and shall hold office for such term as may be determined prescribed by the Board. Each officer shall hold office until his successor has been elected or appointed and qualified or until his earlier death or resignation or removal in the manner hereinafter provided. The Board may require any officer to give security for the faithful performance of his duties.
Appears in 6 contracts
Samples: Joint Development and Operating Agreement (Cytogen Corp), Alliance Imaging Inc /De/, Fibernet Telecom Group Inc\
Term of Office, Resignation and Removal. (a) Each officer shall be appointed by the Board and shall hold office for such term as may be determined by the Board; provided, however, that each of the Co-Chairmen shall be appointed by a majority of the number of directors constituting the Whole Board. Each officer shall hold office until his successor has been appointed and qualified or his earlier death or resignation or removal in the manner hereinafter provided. The Board may require any officer to give security for the faithful performance of his duties.
Appears in 2 contracts
Samples: Agreement and Plan of Merger (Bergen Brunswig Corp), Agreement and Plan of Merger (Bergen Brunswig Corp)
Term of Office, Resignation and Removal. (ai) Each Subject to Section 5.2, each officer shall be appointed by the Board and shall hold office for such term as may be determined by the Board. Each officer shall hold office until his successor has been appointed and qualified or his earlier death or resignation or removal in the manner hereinafter provided. The Board may require any officer to give security for the faithful performance of his duties.
Appears in 1 contract
Term of Office, Resignation and Removal. (a) Each officer shall be appointed by the Board and shall hold office for such term as may be determined by the Board. Each officer shall hold office until his successor has been appointed and qualified or his earlier death or resignation or removal in the manner hereinafter provided. The Board may require any officer to give security for the faithful performance of his duties.
Appears in 1 contract
Term of Office, Resignation and Removal. (a) Each officer shall be appointed by the Board and shall hold office for such term as may be determined by the Board. Each officer shall hold office until his such officer’s successor has been appointed and qualified or his such officer’s earlier death or resignation or removal in the manner hereinafter provided. The Board may require any officer to give security for the faithful performance of his such officer’s duties.
Appears in 1 contract
Samples: Business Combination Agreement (ExcelFin Acquisition Corp.)
