Common use of Vacancies and New Directorships Clause in Contracts

Vacancies and New Directorships. Vacancies and newly created directorships resulting from any increase in the authorized number of directors may be filled by a majority of the directors then in office, though less than a quorum, or by a sole remaining director. The term of a director elected to fill a newly created directorship or other vacancy shall continue until the next annual meeting and until their successors are elected and have qualified.

Vacancies and New Directorships. Vacancies and newly created directorships resulting from any increase in the authorized number of directors which occur between annual meetings of the stockholders may be filled by a majority of the directors then in office, though less than a quorum, or by a sole remaining director. The term of a director , and the directors so elected to fill a newly created directorship or other vacancy shall continue hold office until the next annual meeting of the stockholders and until their successors are elected and have qualified, except as required by law.

Vacancies and New Directorships. Vacancies and newly created directorships resulting from any increase in the authorized number of directors may be filled by a vote of the holders of a majority of the directors Units then in officeoutstanding, though less than a quorum, or by a sole remaining director. The term of a and any director elected to fill a newly created directorship or other vacancy so chosen shall continue hold office until the next annual meeting election and until their successors are his or her successor is duly elected and have qualified, unless sooner displaced.

Vacancies and New Directorships. Vacancies and newly created directorships resulting from any increase in the authorized number of directors may be filled by a vote of the holders of a majority of the directors Shares then in officeoutstanding, though less than a quorum, or by a sole remaining director. The term of a and any director elected to fill a newly created directorship or other vacancy so chosen shall continue hold office until the next annual meeting election and until their successors are his or her successor is duly elected and have qualified, unless sooner displaced.