Common use of The Board of Directors; Election and Appointment; Term; Manner of Acting Clause in Contracts

The Board of Directors; Election and Appointment; Term; Manner of Acting. (a) The Board of Directors shall consist of seven individuals, three of whom shall be Appointed Directors and four of whom shall be Elected Directors. The Elected Directors shall be divided into four classes: Class I, comprising one Elected Director, Class II, comprising one Elected Director, Class III, comprising one Elected Director and Class IV, comprising one Elected Director. Any vacancy among the Appointed Directors shall be filled as if an Appointed Director had resigned, in accordance with Section 7.6. The successors of the members of the Board of Directors shall be appointed or elected, as the case may be, as follows:

The Board of Directors; Election and Appointment; Term; Manner of Acting. (a) The Board of Directors shall consist of seven individuals, three of whom shall be Appointed Directors and four of whom shall be Elected Directors. The Elected Directors shall be divided into four three classes: Class I, comprising one Elected Director, Class II, comprising one Elected Director, and Class III, comprising one two Elected Director and Class IV, comprising one Elected DirectorDirectors. Any vacancy among the Appointed Directors shall be filled as if an Appointed Director had resigned, in accordance with Section 7.6. The successors of the initial members of the Board of Directors shall be appointed or elected, as the case may be, as follows:

The Board of Directors; Election and Appointment; Term; Manner of Acting. (a) The Board of Directors shall consist of seven individuals, three of whom shall be Appointed Directors and four of whom shall be Elected Directors. The Elected Directors shall be divided into four three classes: Class I, comprising one Elected Director, Class II, comprising one Elected Director, and Class III, comprising one two Elected Director and Class IV, comprising one Elected DirectorDirectors. Any vacancy among the Appointed Directors shall be filled as if an Appointed Director had resigned, in accordance with Section 7.6. The successors of the existing members of the Board of Directors shall be appointed or elected, as the case may be, as follows:

The Board of Directors; Election and Appointment; Term; Manner of Acting. (a) The Board of Directors shall consist of seven individuals, three of whom shall be Appointed Directors and four of whom shall be Elected Directors. The Elected Directors shall be divided into four classes: Class I, comprising one Elected Director, Class II, comprising one Elected Director, Class III, comprising one Elected Director and Class IV, comprising one Elected Director. Any vacancy among the Appointed Directors shall be filled as if an Appointed Director had resigned, in accordance with Section 7.6. The successors of the existing members of the Board of Directors shall be appointed or elected, as the case may be, as follows: