Common use of Term, Removal and Vacancies Clause in Contracts

Term, Removal and Vacancies. Each officer of the Company shall hold office until his successor has been chosen and qualified or until he shall have resigned or shall have been removed. Any officer may be removed at any time by the affirmative vote of a majority of the board of directors. Any vacancy occurring in any office of the Company shall be filled by the board of directors.

Appears in 4 contracts

Samples: Agreement and Plan of Merger (Micro Investment LLC), Agreement and Plan of Merger (Micro Therapeutics Inc), Agreement and Plan of Merger (Ev3 Inc.)

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Term, Removal and Vacancies. Each officer of the Company Corporation shall hold office until his such officer’s successor has been chosen is elected and qualified or until he shall have resigned such officer’s earlier death, resignation, or shall have been removedremoval. Any The Board may remove any officer may be removed at any time by the affirmative vote of a majority with or without cause, if any, of the board of directorsperson so removed. Any The Board shall fill any vacancy occurring in any office of the Company shall be filled by the board of directorsoffice.

Appears in 2 contracts

Samples: Adoption Agreement (WPX Energy, Inc.), Registration Rights Agreement (Devon Energy Corp/De)

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Term, Removal and Vacancies. Each officer The officers of the Company corporation shall hold office until his successor has been their successors are chosen and qualified or until he shall have resigned or shall have been removedqualify. Any officer or agent of the corporation may be removed at any time by the affirmative vote of a majority of the board Board of directorsDirectors, or by the President. Any vacancy occurring in any office of the Company shall corporation may be filled by the board Board of directorsDirectors or otherwise as provided in this Article.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Powerhouse Technologies Inc /De)

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