Vacancies; Resignation. Any vacancy on the Board of Directors of a director designated by Peers pursuant to Section 1.2 shall be filled by Peers in the manner allowed by applicable law and as provided in the Company’s Certificate of Incorporation and the Company’s Bylaws, consistent with the provisions of Section 1.2, but only if, after the filling of such vacancy, the number of directors designated by Peers will be no more than the Applicable Director Number. In the event that at any time the number of director designated by Peers pursuant to Section 1.2 is more than the Applicable Director Number, Peers shall take all action necessary to cause such number of its designees to resign as directors such that the number of director designated by Peers pursuant to Section 1.2 is not more than the Applicable Director Number.
Vacancies; Resignation. Any Manager position to be filled by reason of an increase in the number of Managers, a vacancy or by any other reason shall be filled by the affirmative vote of the Members holding a majority of the Class A Units outstanding. If the Members eligible to designate a Manager pursuant to the terms of this Section 6.6 fail to so designate, the vacancy shall remain vacant until the Members which failed to designate such Manager elects to fill such vacancy. Any Manager may resign at any time. Such resignation shall be made in writing and shall take effect at the time specified therein, or if no time is specified, at the time of its receipt by the remaining Managers. The acceptance of a resignation shall not be necessary to make it effective, unless expressly so provided in the resignation.
Vacancies; Resignation. Vacancies shall be filled in accordance with Section 4.01(d)(i), other than vacancies of newly created Director positions resulting from any increase in the number of Directors pursuant to Section 4.01(h)(xv), which vacancies shall be filled in the manner dictated at the time of the creation of the newly created Director position. Newly created Director positions resulting from any increase in the number of Directors, unless filled in another manner approved in connection with the approval of such newly created Director position, may be filled by a vote of the majority of the Board of Directors, and each Director so chosen shall hold office until his or her successor is elected and qualified or until his or her earlier death, resignation or removal by the Board of Directors. A Director may resign at any time by giving written notice to the Board of Directors.
Vacancies; Resignation. 9 3.4 Right to Remove Certain of the Company's Directors... 9 3.5 Right to Fill Certain Vacancies in Company's Board... 9 3.6
Vacancies; Resignation. Any vacancy occurring pursuant to ---------------------- Sections 3.2 (other than vacancies also subject to Section 3.5) may be filled, at the sole discretion of the Board of Directors, by the affirmative vote of a majority of the remaining Directors though less than a quorum. If the Board of Directors determines that there is cause to remove a director, such director can be removed by the affirmative vote of a majority of all of the shares of Common Stock issued and outstanding on a fully-diluted basis at any meeting of the Investors and Permitted Transferees that hold shares of Common Stock called expressly for that purpose and at which a quorum of such Investors and Permitted Transferees is present. Any Director may resign at any time. Such resignation shall be made in writing and shall take effect at the time specified therein, or if no time be specified, at the time of its receipt by the remaining Directors. The acceptance of a resignation shall not be necessary to make it effective, unless expressly so provided in the resignation.
Vacancies; Resignation. Removal -------------------------------
