Vacancies on the Board of Directors. Vacancies on the Board of Directors may be filled only as follows:
(a) If any Appointed Director is removed, resigns or is otherwise unable to serve as a member of the Board of Directors, the General Partner shall, in its sole discretion, appoint an individual to fill the vacancy.
(b) If any Elected Director is removed, resigns or is unable to serve as a member of the Board of Directors, the vacancy shall be filled by a majority of the Elected Directors then serving.
(c) A director appointed or elected pursuant to this Section 7.6 to fill a vacancy shall be appointed or elected, as the case may be, for no more than the unexpired term of his or her predecessor in office.
Vacancies on the Board of Directors. Unless the Articles of Incorporation provide otherwise, if a vacancy occurs on the Board of Directors, including a vacancy resulting from an increase in the number of directors, the Board of Directors may fill the vacancy. If the directors remaining in office constitute fewer than a quorum of the Board of Directors, they may fill the vacancy by the affirmative vote of a majority of all the directors then remaining in office. If the vacant office was held by a director elected by a voting group of shareholders, only the holders of shares of that voting group are entitled to vote to fill the vacancy if it is filled by the shareholders. A vacancy that will occur on the Board of Directors at a specific later date may be filled before the vacancy occurs, but the new director may not take office until the vacancy occurs.
Vacancies on the Board of Directors. Vacancies on the Board of Directors may be filled only as follows:
(a) If any Appointed Director is removed, resigns or is otherwise unable to serve as a member of the Board of Directors, or a vacancy otherwise exists, the Transocean Member shall appoint an individual to fill the vacancy.
(b) If any Elected Director is removed, resigns or is unable to serve as a member of the Board of Directors, or a vacancy otherwise exists, the vacancy shall be filled by an individual who meets the criteria for service as an Elected Director and is elected by a majority of the Elected Directors then serving.
(c) A director appointed or elected pursuant to this Section 7.6 to fill a vacancy shall be appointed or elected, as the case may be, for not longer than the unexpired term of his predecessor in office and notwithstanding the foregoing shall serve until his successor shall have been duly elected and qualified, or until his earlier death, resignation or removal.
Vacancies on the Board of Directors. Subject to Section 16.5(b), if any Appointed Director is removed, resigns or is otherwise unable to serve as a member of the Board of Directors, the General Partner shall, in its individual capacity, appoint an individual to fill the vacancy.
Vacancies on the Board of Directors. If any Director is removed, resigns or is otherwise unable to serve as member of the Board of Directors, the Board of Directors shall in its sole discretion appoint an individual to fill the vacancy for the unexpired term of such Director's predecessor in office, who shall be the same individual appointed to fill the corresponding vacancy on the Managing General Partner's board of directors.
Vacancies on the Board of Directors. Each of the Stockholders agrees to vote his, her or its Shares (and any other shares of the capital stock of the Company over which he, she or it exercises voting control) 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 shall be filled either (i) in accordance with Section 2.1 or (ii) pending such shareholder action, by the vote of a majority of the Board of Directors.
Vacancies on the Board of Directors. In the case of a vacancy on the Board arising from the death, disqualification, inability to act, resignation or removal of the director nominated by Crown Life, GEIPPP II will cause its nominees on the Board to vote in favour of a replacement nominee of Crown Life to fill such vacancy for the remainder of the original nominee's term on the Board, provided that Crown Life holds at least 10% of the Shares of the Company at the date of such vote.
Vacancies on the Board of Directors. When a new Director must be elected because of a vacancy arising in terms of paragraph 3 of Article 30 of the Agreement, the President shall notify the members which elected the former Director of the existence of the vacancy. The President may convene a meeting of the Governors of such countries for the exclusive purpose of electing a new Director or he may request that candidates be nominated and conduct the election by mail or telegraph. Successive ballots shall be cast until one of the candidates receives an absolute majority of the votes cast, and after each ballot, the candidate with the smallest number of votes shall be dropped from the next ballot. When a new Director is elected, the Alternate of the former Director shall continue in office until he is re-appointed or a successor to him is appointed.
Vacancies on the Board of Directors. In the case of a vacancy on the Board arising from the death, disqualification, inability to act, resignation or removal of the director nominated by any Party, each Party other than the Company will vote or cause its nominee or nominees on the Board to vote in favour of a replacement nominee of such Party to fill such vacancy for the remainder of the original nominee's term on the Board, provided that such Party holds at least the number of Common Shares of the Company, or in the case of Xxxxxx the position with the Company, specified in Section 3.1 above in respect of such Party at the date of such vote.
Vacancies on the Board of Directors. Except as otherwise provided in the Stockholders' Agreement, in case any vacancy shall occur on the Board of Directors because of death, resignation, retirement, disqualification, removal, an increase in the authorized number of Directors or any other cause, the Board of Directors shall have the sole and exclusive authority to, in accordance with the Bylaws, elect a Director to fill such vacancy.
