Common use of Vote in Favor of the Directors Clause in Contracts

Vote in Favor of the Directors. During the period commencing on the date hereof and terminating one year thereafter, each Shareholder, in its capacity as a Shareholder of Chiste (or successor), agrees to vote (or cause to be voted) all Shares directly or indirectly owned by the Shareholder or over which the Shareholder has the beneficial ownership or the right to vote and all Shares which such Shareholder acquires directly or indirectly or has the beneficial ownership or right to vote in the future, at any meeting of the Shareholders of Chiste, and in any action by written consent of the Shareholders of Chiste, in favor of the election of the Director Designees, as defined herein, to the Board of Directors of Chiste and will not vote (or cause to be voted) for the removal of the Director Designees from the Board of Directors. Any Director Designee may be removed from the Board of Directors in the manner allowed by law and Chiste's governing documents, but with respect to the Director Designee nominated by KRM Fund pursuant to Section 1.04 (c), in the event such Director Designee is removed as a director of the Company, KRM Fund shall have the right to designate and nominate such removed director's replacement.

Appears in 2 contracts

Samples: Voting Agreement (Chiste Corp), Voting Agreement (Chiste Corp)

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Vote in Favor of the Directors. During the period commencing on the date hereof and terminating one year thereafter, each Shareholder, in its capacity as a Shareholder of Chiste Applied Spectrum (or successor), agrees to vote (or cause to be voted) all Shares directly or indirectly owned by the Shareholder or over which the Shareholder has the beneficial ownership or the right to vote and all Shares which such Shareholder acquires directly or indirectly or has the beneficial ownership or right to vote in the future, at any meeting of the Shareholders of ChisteApplied Spectrum, and in any action by written consent of the Shareholders of ChisteApplied Spectrum, in favor of the election of the Director Designees, as defined herein, to the Board of Directors of Chiste Applied Spectrum and will not vote (or cause to be voted) for the removal of the Director Designees from the Board of Directors. Any Director Designee may be removed from the Board of Directors in the manner allowed by law and Chiste's Applied Spectrum’s governing documents, but with respect to the Director Designee nominated by KRM Fund pursuant to Section 1.04 1.03 (c), in the event such Director Designee is removed as a director of the Company, KRM Fund KI Equity shall have the right to designate approve the designation and nominate nomination such removed director's replacement.

Appears in 1 contract

Samples: Voting Agreement (Applied Spectrum Technologies Inc)

Vote in Favor of the Directors. During the period -------------------------------- commencing on the date hereof and terminating one year thereafter, each Shareholder, in its capacity as a Shareholder of Chiste Qorus (or successor), agrees to vote (or cause to be voted) all Shares directly or indirectly owned by the Shareholder or over which the Shareholder has the beneficial ownership or the right to vote and all Shares which such Shareholder acquires directly or indirectly or has the beneficial ownership or right to vote in the future, at any meeting of the Shareholders of ChisteQorus, and in any action by written consent of the Shareholders of ChisteQorus, in favor of the election of the Director Designees, as defined herein, to the Board of Directors of Chiste Qorus and will not vote (or cause to be voted) for the removal of the Director Designees from the Board of Directors. Any Director Designee may be removed from the Board of Directors in the manner allowed by law and Chiste's Qorus' governing documents, but with respect to the Director Designee nominated by KRM Fund pursuant to Section 1.04 1.03 (cb), in the event such Director Designee is removed as a director of the CompanyQorus, KRM Fund shall have the right to designate and nominate such removed director's replacement.

Appears in 1 contract

Samples: Voting Agreement (DigitalFX International Inc)

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Vote in Favor of the Directors. During the period commencing on the date hereof and terminating one year thereafter, each Shareholder, in its capacity as a Shareholder of Chiste (or successor), agrees to vote (or cause to be voted) all Shares directly or indirectly owned by the Shareholder or over which the Shareholder has the beneficial ownership or the right to vote and all Shares which such Shareholder acquires directly or indirectly or has the beneficial ownership or right to vote in the future, at any meeting of the Shareholders of Chiste, and in any action by written consent of the Shareholders of Chiste, in favor of the election of the Director Designees, as defined herein, to the Board of Directors of Chiste and will not vote (or cause to be voted) for the removal of the Director Designees from the Board of Directors. Any Director Designee may be removed from the Board of Directors in the manner allowed by law and Chiste's ’s governing documents, but with respect to the Director Designee nominated by KRM Fund pursuant to Section 1.04 (c), in the event such Director Designee is removed as a director of the Company, KRM Fund shall have the right to designate and nominate such removed director's ’s replacement.

Appears in 1 contract

Samples: Voting Agreement (Fuelcell Holdings, LLC)

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