Common use of Election and Term of Office Clause in Contracts

Election and Term of Office. The officers of the corporation to be elected by the directors shall be elected annually at the first meeting of the directors held after each annual meeting of the stockholders. Each officer shall hold office until his successor shall have been duly elected and shall have qualified or until his death or until he shall resign or shall have been removed in the manner hereinafter provided. In the event that no election of officers be held by the directors at that time, the existing officers shall be deemed to have been confirmed in office by the directors.

Appears in 7 contracts

Samples: Eworld Travel Corp, Netbanx Com Corp, BBB Hunter Associates Inc

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Election and Term of Office. The officers of the corporation to be elected by the directors shall be elected annually at the first meeting of the directors held after each annual meeting of the stockholders. Each officer shall hold office until his successor shall have been duly elected and shall have qualified or until his death or until he shall resign or shall have been removed in the manner hereinafter provided. In the event that no election of officers be held by the directors at that time, the existing officers shall be deemed to have been confirmed in office by the directors.

Appears in 7 contracts

Samples: Plan and Agreement of Triangular Merger (Ars Networks Inc), Plan and Agreement of Triangular Merger (Ars Networks Inc), Stock Purchase Agreement (Globecomm Systems Inc)

Election and Term of Office. The officers of the corporation Corporation to be elected by the directors Board, of Directors shall be elected annually by the Board of Directors at the first meeting of the directors Board of Directors held after each annual meeting of the stockholdersshareholders. If the election of officers shall not be held at such meeting, such election shall be held as soon thereafter as conveniently may be. Each officer shall hold office until his his/her successor shall have been duly elected and shall have qualified qualified, or until his death his/her death, or until he he/she shall resign or shall have been removed in the manner hereinafter provided. In the event that no election of officers be held by the directors at that time, the existing officers shall be deemed to have been confirmed in office by the directors.

Appears in 6 contracts

Samples: Stemcell Global Research Inc, Stemcell Global Research Inc, Stemcell Global Research Inc

Election and Term of Office. The officers of the corporation to be elected by the directors Board of Directors shall be elected annually by the Board of Directors at the first meeting of the directors Board of Directors held after each annual meeting of the stockholdersMembers. If the election of officers shall not be held at such meeting, such election shall be held as soon thereafter as is practicable. Each officer shall hold office until his or her successor shall have been duly elected and shall have qualified or until his death or until he shall resign her prior death, resignation or shall have been removed in the manner hereinafter provided. In the event that no election of officers be held by the directors at that time, the existing officers shall be deemed to have been confirmed in office by the directorsremoval.

Appears in 6 contracts

Samples: Exchange Agreement, Exchange Agreement, Exchange Agreement

Election and Term of Office. The officers of the corporation to be elected by the directors shall be elected annually by the Board of Directors at the its first regular meeting of the directors held after each the annual meeting of the stockholdersstockholders or as soon thereafter as conveniently possible. Each officer shall hold office until his successor shall have been duly elected chosen and shall have qualified or until his death or the effective date of his resignation or removal, or until he shall resign or shall have been removed cease to be a director in the manner hereinafter provided. In case of the event that no election of officers be held by Chairman and the directors at that time, the existing officers shall be deemed to have been confirmed in office by the directorsVice Chairman.

Appears in 4 contracts

Samples: Agreement and Plan of Merger (Regeneration Technologies Inc), Master Transaction Agreement (RTI Surgical Holdings, Inc.), Agreement and Plan of Merger (Tutogen Medical Inc)

Election and Term of Office. The officers of the corporation to be elected by the directors shall be elected annually by the Board of Directors at the its first regular meeting of the directors held after each the annual meeting of the stockholdersstockholders or as soon thereafter as conveniently possible. Each officer shall hold office until his successor shall have been duly elected chosen and shall have qualified or until his death or the effective date of his resignation or removal, or until he shall resign or shall have been removed cease to be a director in the manner hereinafter provided. In case of the event that no election of officers be held by the directors at that time, the existing officers shall be deemed to have been confirmed in office by the directorsChairman.

Appears in 3 contracts

Samples: Investment Agreement (Transmeridian Exploration Inc), Agreement and Plan of Merger (Cano Petroleum, Inc), Investment Agreement (Transmeridian Exploration Inc)

Election and Term of Office. The officers of the corporation to be elected by the directors --------- --------------------------- shall be elected annually by the Board of Directors at the its first meeting of the directors held after each annual meeting of stockholders. If the stockholderselection of officers shall not be held at such meeting, such election shall be held as soon thereafter as may be convenient. Each officer shall hold office until his or her successor shall have been duly elected and shall have qualified or until his or her death or until he shall resign resigns or shall have been removed in the manner hereinafter provided. In the event that no election of officers be held by the directors at that time, the existing officers shall be deemed to have been confirmed in office by the directors.

Appears in 2 contracts

Samples: Agreement (Bid Com International Inc), Agreement (Bid Com International Inc)

Election and Term of Office. The officers of the corporation to be elected by the directors shall be elected annually by the board of directors at the its first meeting of the directors held after each annual meeting of stockholders or as soon thereafter as conveniently may be. The president shall appoint other officers to serve for such terms as he or she deems desirable. Vacancies may be filled or new offices created and filled at any meeting of the stockholdersboard of directors. Each officer shall hold office until his a successor shall have been is duly elected and shall have qualified or until his death or until he shall resign her earlier death, resignation or shall have been removed in the manner removal as hereinafter provided. In the event that no election of officers be held by the directors at that time, the existing officers shall be deemed to have been confirmed in office by the directors.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Comforce Corp), Agreement and Plan of Merger (Capital Gold Corp)

Election and Term of Office. The officers of the corporation to be elected by the directors Corporation shall be elected annually by the board of directors at the its first meeting of the directors held after each annual meeting of stockholders or as soon thereafter as conveniently may be. Vacancies may be filled or new offices created and filled at any meeting of the stockholdersboard of directors. Each officer shall hold office until his a successor shall have been is duly elected and shall have qualified or until his death or until he shall resign her earlier death, resignation or shall have been removed in the manner removal as hereinafter provided. In the event that no election of officers be held by the directors at that time, the existing officers shall be deemed to have been confirmed in office by the directors.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Thorne Healthtech, Inc.), Agreement and Plan of Merger (Cellular Biomedicine Group, Inc.)

Election and Term of Office. The officers of the corporation to be elected by the directors shall be elected annually by the Board of Directors at the its first meeting of the directors held after each annual meeting of stockholders or as soon thereafter as conveniently may be. Vacancies may be filled or new offices created and filled at any meeting of the stockholdersBoard of Directors. Each officer shall hold office until his a successor shall have been is duly elected and shall have qualified or until his death or until he shall resign her earlier death, resignation or shall have been removed in the manner removal as hereinafter provided. In the event that no election of officers be held by the directors at that time, the existing officers shall be deemed to have been confirmed in office by the directors.

Appears in 2 contracts

Samples: Option Holder Acknowledgement Agreement (Goodys Family Clothing Inc /Tn), Option Holder Acknowledgement Agreement (Goodys Family Clothing Inc /Tn)

Election and Term of Office. The officers of the corporation to be elected by the directors shall be elected annually by the Board of Directors at the its first regular meeting of the directors held after each the annual meeting of the stockholdersshareholders or as soon thereafter as conveniently possible. Each officer shall hold office until his successor shall have been duly elected chosen and shall have qualified or until his death or the effective date of his resignation or removal, or until he shall resign or shall have been removed cease to be a director in the manner hereinafter provided. In case of the event that no election of officers be held by the directors at that time, the existing officers shall be deemed to have been confirmed in office by the directorsChairman.

Appears in 1 contract

Samples: Escrow Agreement (Quanex Corp)

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Election and Term of Office. The officers of the corporation to be elected by the directors shall be elected annually by the board of directors at its first regular meeting held shortly before or after the first meeting of the directors held after each annual meeting of the stockholdersstockholders or as soon thereafter as conveniently possible. Each officer shall hold office until his or her successor shall have been duly elected is chosen and shall have qualified or until his or her death or until he shall resign the effective date of his or shall have been removed in the manner hereinafter provided. In the event that no election of officers be held by the directors at that time, the existing officers shall be deemed to have been confirmed in office by the directorsher resignation or removal.

Appears in 1 contract

Samples: Rights Agreement (Idearc Inc.)

Election and Term of Office. The officers of the corporation to be elected by the directors Corporation shall be elected annually by the board of directors at the first meeting of the board of directors held after each annual meeting of the stockholdersshareholders. If the election officers shall not be held at such meeting, such election shall be held as soon thereafter as convenient. Each officer shall hold office until his or her successor shall have been duly elected and shall have qualified or until his or her death or until he or she shall resign or shall have been removed in the manner hereinafter provided. In the event that no election of officers be held by the directors at that time, the existing officers shall be deemed to have been confirmed in office by the directors.

Appears in 1 contract

Samples: Share Exchange Agreement (Globalink, Ltd.)

Election and Term of Office. The officers of the corporation to be elected by the directors shall be elected annually at the first meeting of the directors held after each annual meeting of the stockholders. Each officer shall hold office until his successor shall have been duly elected and shall have qualified or until eWorld Travel Corp. BY-LAWS page 42 his death or until he shall resign or shall have been removed in the manner hereinafter provided. In the event that no election of officers be held by the directors at that time, the existing officers shall be deemed to have been confirmed in office by the directors.

Appears in 1 contract

Samples: Eworld Travel Corp

Election and Term of Office. The officers of the corporation to be elected by the directors shall be elected annually by the board of directors at the its first meeting of the directors held after each annual meeting of stockholders or as soon thereafter as such meeting may conveniently be held. Vacancies may be filled or new offices created and filled at any meeting of the stockholdersboard of directors. Each officer shall hold office until his a successor shall have been is duly elected and shall have qualified or until his death or until he shall resign her earlier death, resignation or shall have been removed in the manner removal as hereinafter provided. In the event that no election of officers be held by the directors at that time, the existing officers shall be deemed to have been confirmed in office by the directors.

Appears in 1 contract

Samples: Plan and Agreement (Gundle SLT Environmental Inc)

Election and Term of Office. The officers of the corporation to be elected by the directors shall be elected annually by the Board of Directors at the its first regular meeting of the directors held after each the annual meeting of the stockholdersstockholders or as soon thereafter as conveniently possible. Each officer shall hold office until his the officer’s successor shall have been duly elected chosen and shall have qualified or until his the officer’s death or until he shall resign the effective date of the officer’s resignation or shall have been removed in the manner hereinafter provided. In the event that no election of officers be held by the directors at that time, the existing officers shall be deemed to have been confirmed in office by the directorsremoval for cause.

Appears in 1 contract

Samples: Exchange Agreement (Stewart Information Services Corp)

Election and Term of Office. The officers of the corporation to be elected by the directors shall be elected annually by the board of directors at the its first meeting of the directors held after each annual meeting of stockholders or as soon as practicable thereafter. The president shall appoint other officers to serve for such terms as he or she deems desirable. Vacancies may be filled or new offices created and filled at any meeting of the stockholdersboard of directors. Each officer shall hold office until his a successor shall have been is duly elected and shall have qualified or until his death or until he shall resign her earlier death, resignation or shall have been removed in the manner removal as hereinafter provided. In the event that no election of officers be held by the directors at that time, the existing officers shall be deemed to have been confirmed in office by the directors.

Appears in 1 contract

Samples: Notes Securities Purchase Agreement (Global Employment Holdings, Inc.)

Election and Term of Office. The officers of the corporation to shall be elected by the directors shall be elected annually at the first meeting of the directors held after each regular annual meeting of the stockholdersmeeting, or as soon thereafter as practicable. Each officer shall hold office until his the officer's successor shall have has been duly elected and shall have qualified has assumed office, or until his death the officer's earlier death, resignation or until he shall resign or shall have been removed in the manner hereinafter provided. In the event that no election of officers be held by the directors at that time, the existing officers shall be deemed to have been confirmed in office by the directorsremoval.

Appears in 1 contract

Samples: Center Authority

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