Common use of Vacancies in the Board of Directors Clause in Contracts

Vacancies in the Board of Directors. In the event that a vacancy occurs for any reason in the Board of Directors of the Company, a special meeting of the Member may be called by the Member for the purpose of electing a Director to fill such vacancy in accordance with Section 4.4 above. In the absence of such a special meeting, any vacancy in the Board of Directors shall be filled in accordance with Section 4.4 above at the next annual meeting of the Member.

Appears in 3 contracts

Samples: Limited Liability Company Operating Agreement, Operating Agreement (Bats Global Markets, Inc.), Operating Agreement

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Vacancies in the Board of Directors. In the event that a vacancy occurs for any reason in the Board of Directors of the CompanyDirectors, a special meeting of the Member may be called by the Member for the purpose of electing a Director to fill such vacancy in accordance with Section 4.4 above. In the absence of such a special meeting, any vacancy in the Board of Directors shall be filled in accordance with Section 4.4 above at the next annual meeting of the Member.

Appears in 1 contract

Samples: Operating Agreement (HFF, Inc.)

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