Common use of Term; Vacancies Clause in Contracts

Term; Vacancies. The officers of the Corporation shall hold office until their successors are chosen and qualify. Any officer elected or appointed by the Board of Directors 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 Corporation may only be filled by the Board of Directors.

Appears in 9 contracts

Samples: Chiron Corp, Chiron Corp, Chiron Corp

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