Vacancies on Board of Directors. The Company hereby agrees to take such actions as are necessary, and the Holders agree to vote their shares of Common Stock and take such other actions as are necessary, in such manner as shall be necessary or appropriate to ensure that any vacancy on the Board of Directors of the Company caused by the resignation, removal or death of a Bankcap Director shall be filled only in accordance with Section 2.1 hereof.
Appears in 2 contracts
Samples: Investor Rights Agreement (Xenith Bankshares, Inc.), Investor Rights Agreement (Xenith Bankshares, Inc.)
Vacancies on Board of Directors. The Company Corporation hereby agrees to take ------------------------------- such actions as are necessary, and each of the Holders agree Shareholders agrees to vote their its shares of Class B Common Stock Stock, and take such other actions as are necessary, in such manner as shall be necessary or appropriate to ensure that any vacancy on the Board of Directors of the Company caused by the resignation, removal or death of a Bankcap Director (occurring for any reason) shall be filled only in accordance with Section 2.1 the provisions hereof.
Appears in 1 contract
Samples: Shareholders Agreement (Wisconsin Power & Light Co)
Vacancies on Board of Directors. The Company hereby agrees to take such actions as are necessary, and the Holders agree each Institutional Investor and D&O Holder agrees to vote their its shares of Common Stock and take such other actions as are necessary, in such manner as shall be necessary or appropriate to ensure that any vacancy on the Board of Directors of the Company caused by the resignation, removal or death of a Bankcap BankCap Director shall be filled only in accordance with Section 2.1 hereof.
Appears in 1 contract
Samples: Investor Rights Agreement (Xenith Bankshares, Inc.)
