Term, Removal and Vacancies. The officers of the Corporation will hold office until their resignation or their successors are chosen and qualify. Any officer, agent or member of any committee elected or appointed by the board of directors may be removed at any time by the board of directors; provided, that such removal shall be without prejudice to the contract rights, if any, of the removed party. If any such office becomes vacant for any reason, the vacancy will be filled by the board of directors.
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Samples: Agreement and Plan of Merger (Blue Dolphin Energy Co), Agreement and Plan of Merger (American Resources Offshore Inc)
Term, Removal and Vacancies. The officers Each officer of the Corporation will shall hold office until their his resignation or their successors are his successor is chosen and qualifyqualified. Any officer, agent or member of any committee elected or appointed by the board of directors officer may be removed at any time by the board Board of directors; provided, that such removal shall be Directors with or without prejudice to the contract rights, if any, of the removed partycause. If any such office becomes vacant for any reason, the vacancy will be filled by the board Board of directorsDirectors.
Appears in 1 contract
Term, Removal and Vacancies. The officers of the Corporation will shall hold office until their resignation or their successors are chosen and qualify. Any officer, agent or member of any committee officer elected or appointed by the board Board of directors Directors may be removed at any time by the board affirmative vote of directors; provided, that such removal shall be without prejudice to the contract rights, if any, a majority of the removed partyBoard of Directors. If Any vacancy occurring in any such office becomes vacant for any reason, of the vacancy will Corporation shall be filled by the board Board of directorsDirectors.
Appears in 1 contract
Samples: Agreement and Plan of Merger (Gamco Investors, Inc. Et Al)
