Common use of Election, Qualification and Term of Office of Directors Clause in Contracts

Election, Qualification and Term of Office of Directors. Except as provided in Section 3.4 of these bylaws, and unless otherwise provided in the certificate of incorporation, directors shall be elected at each annual meeting of stockholders to hold office until the next annual meeting. Directors need not be stockholders unless so required by the certificate of incorporation or these bylaws, wherein other qualifications for directors may be prescribed. Each director, including a director elected to fill a vacancy, shall hold office until his or her successor is elected and qualified or until his or her earlier resignation or removal. Unless otherwise specified in the certificate of incorporation, elections of directors need not be by written ballot.

Appears in 3 contracts

Samples: Agreement and Plan of Merger (AvidXchange Holdings, Inc.), www.orrick.com, media.orrick.com

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Election, Qualification and Term of Office of Directors. Except as provided in Section 3.4 of these bylaws3.4, and unless otherwise provided in the certificate of incorporation, directors shall be elected at each annual meeting of stockholders to hold office until the next annual meeting. Directors need not be stockholders unless so required by the certificate of incorporation or these bylaws, wherein other qualifications for directors may be prescribed. Each director, including a director elected to fill a vacancy, shall hold office until his or her successor is elected and qualified or until his or her earlier resignation or removal. Unless otherwise specified in the certificate of incorporation, elections of directors need not be by written ballot.

Appears in 1 contract

Samples: Agreement and Plan of Merger (B. Riley Principal 150 Merger Corp.)

Election, Qualification and Term of Office of Directors. Except as provided in Section 3.4 of these bylawsBylaws, and unless otherwise provided in the certificate Articles of incorporationIncorporation, directors shall be elected at each annual meeting of stockholders to hold office until the next annual meeting. Directors need not be stockholders unless so required by the certificate Articles of incorporation Incorporation or these bylawsBylaws, wherein other qualifications for directors may be prescribed. Each director, including a director elected to fill a vacancy, shall hold office until his or her successor is elected and qualified or until his or her earlier resignation or removal. Unless otherwise specified in the certificate Articles of incorporationIncorporation, elections of directors need not be by written ballot.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Alliance MMA, Inc.)

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Election, Qualification and Term of Office of Directors. Except as provided in Section Sections 3.4 and 3.18 of these bylaws, and unless otherwise provided in the certificate of incorporationBylaws, directors shall be elected at each annual meeting of stockholders to hold office until the next annual meeting. Directors need not be stockholders unless so required by the certificate Certificate of incorporation Incorporation or these bylawsBylaws, wherein other qualifications for directors may be prescribed. Each director, including a director elected to fill a vacancy, shall hold office until his or her successor is elected and qualified or until his or her earlier resignation or removal. Unless otherwise specified in the certificate of incorporation, elections Each director shall be a natural person. Elections of directors need not be by written ballot.

Appears in 1 contract

Samples: Operating Agreement (EG Acquisition Corp.)

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