Election and Number of Directors Sample Clauses

Election and Number of Directors. The Board of the Coating Company shall be comprised of eight (8)
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Election and Number of Directors. Unless otherwise agreed by the Shareholders and except as otherwise set forth in Section 4.1(b) hereof, the Board shall be composed of five persons, three of whom shall be nominated by Global Green and two of whom shall be nominated by the JV Partner. Each Shareholder agrees to vote (or cause to be voted), in person or by proxy, at any annual or special shareholders' meeting called for such purpose or by shareholders' written action or consent provided in lieu thereof, the Shares owned of record or beneficially by such Shareholder (including, for this purpose, any Shares held by any Affiliate of such Shareholder) and entitled to vote thereon, for the election to the Board of such five nominees, Except where authority is specifically reserved for the Board pursuant to this Agreement, all operational matters shall be delegated to Global Green in their capacity as Management of the Company.
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Election and Number of Directors. The Directors of the Company are set forth on Schedule I attached hereto. The number of Directors shall be three and such number may be increased or decreased from time to time by a majority of the Directors then in office; provided, that there shall be at least three (3) and no more than nine (9)
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Election and Number of Directors. At each annual meeting of the Company, at each special meeting of the Company called for the purpose of electing directors of the Company, and at any time at which shareholders of the Company shall have the right to, or shall vote for or consent in writing to the election of directors of the Company, then, and in each event, the Founders and Investors must vote the shares of capital stock then held by them for the election, to the Board of Directors of the Company, of up to two persons nominated by a majority of the Series A Preferred (and other Shares issued upon conversion thereof), voting as a single class, on an as converted basis. The parties hereto further agree that the number of directors on the Company's Board of Director's shall not exceed 8.
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Related to Election and Number of Directors

  • Number of Directors Subject to the Certificate of Incorporation, the total number of directors constituting the Board shall be determined from time to time by resolution of the Board. No reduction of the authorized number of directors shall have the effect of removing any director before that director’s term of office expires.

  • Vacancies; Increases in the Number of Directors Vacancies and newly created directorships resulting from any increase in the number of Directors shall be filled by the Sole Member. Any Director so appointed shall hold office until his removal in accordance with the provisions of this Agreement or until his earlier death or resignation.

  • Election of Directors Elections of directors need not be by written ballot unless the bylaws of the Corporation shall so provide.

  • Designation of Directors The designees to the Board described above (each a “Designee”) shall be selected as follows:

  • Nomination of Directors Except as otherwise fixed by resolution of the Board of Directors pursuant to the Articles of Incorporation relating to the authorization of the Board of Directors to provide by resolution for the issuance of Preferred Stock and to determine the rights of the holders of such Preferred Stock to elect directors, nominations for the election of directors may be made by the Board of Directors, by a committee appointed by the board of directors, or by any stockholder of record at the time of giving of notice provided for herein. However, any stockholder entitled to vote in the election of directors as provided herein may nominate one or more persons for election as directors at a meeting only if written notice of such stockholder's intent to make such nomination or nominations has been delivered to or mailed and received by the secretary of the corporation not later than, (a) with respect to an election to be held at an annual meeting of stockholders, 120 calendar days in advance of the first anniversary of the date the corporation's proxy statement was released to security holders in connection with the preceding year's annual meeting; PROVIDED, HOWEVER, that in the event that the date of the annual meeting is changed by more than thirty (30) days from such anniversary date, notice by the stockholder to be timely must be received not later than the close of business on the tenth (10th) day following the earlier of the day on which notice of the date of the meeting was mailed or public disclosure was made, and (b) with respect to an election to be held at a special meeting of stockholders for the election of directors, not earlier than the close of business on the 90th day prior to such special meeting and not later than the close of business on the later of the 60th day prior to such special meeting or the tenth (10th) day following the day on which public disclosure is first made of the date of the special meeting and the nominees proposed by the board of directors to be elected at such a meeting. Notwithstanding any of the foregoing to the contrary, in the event that the number of directors to be elected by the Board of Directors of the corporation is increased and there is no public disclosure by the corporation naming the nominees for director or specifying the size of the increased Board of Directors at least seventy (70) days prior to the first anniversary of the date of the preceding year's annual meeting, a

  • Compensation of Directors Directors on the Board shall not be entitled to receive a fee for the director’s services as a director on the Board.

  • Election of Board of Directors (a) The holders of Preferred Stock, voting as a single class, shall be entitled to elect three (3) members of the Board at each meeting or pursuant to each consent of the Corporation’s stockholders for the election of directors, and to remove from office such directors and to fill any vacancy caused by the resignation, death or removal of such directors.

  • Resignation of Directors A director may resign at any time by delivering written notice to the Board, its Chairman (as hereinafter defined), if any, or the Company. A resignation shall be effective when the notice is delivered unless the notice specifies a later effective date.

  • Duties of Directors Except as provided in this Agreement, in exercising their rights and performing their duties under this Agreement, the Directors shall have a fiduciary duty of loyalty and care similar to that of a director of a business corporation organized under the General Corporation Law of the State of Delaware.

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