Incoming Directors definition
Examples of Incoming Directors in a sentence
Each of the Incoming Directors will hold office after the expiration of his or her term until his or her successor is elected and qualified, or until he or she resigns or is removed in accordance with the Bylaws and the provisions of the Colorado Revised Statues.
The Incoming Directors will be appointed by the Current Company Directors for two-year terms to hold office until the next annual general meeting of the Company's stockholders or until removed from office in accordance with the Company's Bylaws ("Bylaws") and the provisions of the Colorado Revised Statutes.
On the First Payment Date, LB Holdco shall cause the holding of a special shareholders’ meeting for the purpose of accepting the resignation of the Resigning Directors, and electing the Incoming Directors to the Board of Directors of LB Holdco.
On the First Payment Date, VTI shall cause the holding of a special shareholders’ meeting for the purpose of accepting the resignation of the Resigning Directors, and electing the Incoming Directors to the Board of Directors of VTI.
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