he dies. A unanimous resolution of the directors (excluding the director the subject of this Article) declaring a director to have ceased to be a director under the terms of this Article is conclusive as to the fact and grounds of cessation stated in the resolution.
Appears in 2 contracts
Sources: Transaction Agreement (Cyberonics Inc), Letter of Intent (Cyberonics Inc)
he dies. A unanimous resolution of two-thirds of the directors Directors (excluding the director Director the subject of this ArticleArticle 30.1) declaring a director Director to have ceased to be a director Director under the terms of this Article is conclusive as to the fact and grounds of cessation stated in the resolution.
Appears in 1 contract
Sources: Business Combination Agreement (FMC Technologies Inc)