Common use of Election and Term of Office Clause in Contracts

Election and Term of Office. The officers of the Corporation shall be elected by the board of directors. Each officer shall hold office at the pleasure of the board. New officers may be created and the positions filled at any meeting of the board of directors. Each elected officer shall hold office until his or her successor has been duly elected and qualified.

Appears in 4 contracts

Samples: Delegation Agreement, Delegation Agreement, Delegation Agreement

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Election and Term of Office. The officers of the Corporation shall be elected by the board Board of directorsDirectors. Each officer Officers shall hold office at the pleasure of the board. New officers may be created and the positions filled at any meeting of the board of directors. Each elected officer shall hold office until his or her successor has been duly elected and qualifiedBoard.

Appears in 4 contracts

Samples: Agreement and Plan of Merger (Primo Water Corp), Agreement and Plan of Merger (Cott Corp /Cn/), Agreement and Plan of Merger (Kulicke & Soffa Industries Inc)

Election and Term of Office. The elected officers of the Corporation shall be elected by the board Board of directorsDirectors. Each officer shall hold office at the pleasure of the board. New officers may be created and the positions filled at any meeting of the board of directors. Each elected officer until such officer’s successor shall hold office until his or her successor has have been duly elected and qualifiedshall have qualified or until such officer’s earlier death, resignation or removal.

Appears in 3 contracts

Samples: Separation and Distribution Agreement (Aramark), Agreement and Plan of Merger (Arconic Inc.), Separation and Distribution Agreement (Vestis Corp)

Election and Term of Office. The officers of the Corporation shall be be‌ elected by the board of directors. Each officer shall hold office at the pleasure of the board. New officers may be created and the positions filled at any meeting of the board of directors. Each elected officer shall hold office until his or her successor has been duly elected and qualified.

Appears in 3 contracts

Samples: Delegation Agreement, Delegation Agreement, Delegation Agreement

Election and Term of Office. The officers of the Corporation corporation shall be elected by at any meeting of the board of directors. Each officer shall hold office at the pleasure of the board. New officers Vacancies may be filled or new offices created and the positions filled at any meeting of the board of directors. Each elected officer shall hold office until a successor is duly elected and qualified or until his or her successor has been duly elected and qualifiedearlier death, resignation or removal as hereinafter provided.

Appears in 3 contracts

Samples: Escrow Agreement (Forum Merger II Corp), Agreement and Plan of Merger (TradeUP Acquisition Corp.), Lock Up Agreement (Cleantech Acquisition Corp.)

Election and Term of Office. The elected officers of the Corporation shall be elected by the board Board of directorsDirectors or in such other manner as the Board of Directors may determine. Each officer shall hold office at the pleasure of the board. New officers may be created and the positions filled at any meeting of the board of directors. Each elected officer shall hold office until his or her successor has shall have been duly elected and qualifiedshall have qualified or until his death or resignation or removal.

Appears in 2 contracts

Samples: Icahn Carl C, Icahn Carl C

Election and Term of Office. The officers of the Corporation shall to be elected by the board Board of directorsDirectors shall be elected from time to time as the Board of Directors deems advisable. Each officer shall hold office at until the pleasure of the board. New officers may be created and the positions filled at any meeting of the board of directors. Each elected officer officer’s successor shall hold office until his or her successor has have been duly elected and qualifiedshall have qualified or until the officer’s death or until such officer shall resign or shall have been removed in the manner hereinafter provided.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Consolidated Graphics Inc /Tx/), Agreement and Plan of Merger (RR Donnelley & Sons Co)

Election and Term of Office. The officers of the Corporation Company shall be elected by a majority of the board Board of directorsManagers at a duly called meeting of the Board of Managers. Vacancies may be filled or new offices created and filled at any meeting of the Board of Managers. Each officer shall hold office at the pleasure of the board. New officers may be created and the positions filled at any meeting of the board of directors. Each elected officer shall hold office until his or her successor has shall have been duly elected and qualifiedshall qualify, or until such officer shall resign or shall have been removed in the manner hereinafter provided. Election of any officer shall not of itself create contract rights.

Appears in 2 contracts

Samples: Limited Liability Company Agreement (Household Direct Com Inc), Limited Liability Company Agreement (Household Direct Com Inc)

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Election and Term of Office. The elected officers of the Corporation shall be elected by the board Board of directorsDirectors. Each officer shall hold office at for the pleasure term as determined by the Board of the board. New officers may be created and the positions filled at any meeting of the board of directors. Each elected officer shall hold office until his or her successor has been duly elected and qualifiedDirectors.

Appears in 1 contract

Samples: Agreement and Plan of Merger (10X Capital Venture Acquisition Corp. III)

Election and Term of Office. The elected officers of the Corporation shall be elected by the board Board of directorsDirectors. Each officer shall hold office at the pleasure of the board. New officers may be created and the positions filled at any meeting of the board of directors. Each elected officer until such officer’s successor shall hold office until his or her successor has have been duly elected and qualifiedshall have qualified or until such officer’s earlier resignation or removal.

Appears in 1 contract

Samples: Investment Agreement (SilverSun Technologies, Inc.)

Election and Term of Office. The officers of the Corporation shall be elected by the board Board of directorsDirectors. Each officer shall hold office at the pleasure New offices of the board. New officers Corporation may be created and the positions filled and vacancies in offices may be filled at any time, at a meeting or by the written consent of the board Board of directorsDirectors. Each elected Unless removed pursuant to Section 6.03 of these Bylaws, each officer shall hold office until his or her successor has been duly elected and qualified, or until his earlier death or resignation. Election or appointment of an officer or agent shall not of itself create contract rights.

Appears in 1 contract

Samples: Agreement and Plan of Merger

Election and Term of Office. The officers Officers of the Corporation Company shall be elected from time to time by the board of directorsBoard. Each officer Officer shall hold office at the pleasure of the board. New officers may be created and the positions filled at any meeting of the board of directors. Each elected officer shall hold office until his or her successor has been duly elected and qualifiedBoard.

Appears in 1 contract

Samples: spp.org

Election and Term of Office. The elected officers of the Corporation shall be elected by the board Board of directors. Each officer shall hold office at the pleasure of the board. New officers may be created Directors and the positions filled at any meeting of the board of directors. Each elected officer shall hold office until his or her such officer’s successor has shall have been duly elected and qualifiedqualified or until such officer’s death, resignation or removal.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Hyde Park Acquisition Corp. II)

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