Common use of Interim Director Clause in Contracts

Interim Director. The Company shall notify each Stockholder of the occurrence of any vacancy in any seat on the Board. If the Stockholders entitled to elect a successor to fill such vacancy fail to do so within sixty (60) days after delivery of such notice, such vacancy may be filled in accordance with the By-laws of the Company until a successor has been nominated and elected to the Board in accordance with Section 2.1.

Appears in 1 contract

Samples: Stockholders Agreement (Bab Holdings Inc)

AutoNDA by SimpleDocs

Interim Director. The Company Corporation shall notify each Stockholder of the occurrence of any vacancy in any seat on of the Board. If the Stockholders entitled to elect nominate a successor to fill such vacancy fail to do so within sixty (60) 15 days after delivery of such notice, such vacancy may be filled in accordance with the By-laws of the Company Corporation until a successor has been nominated and elected to the Board in accordance with Section 2.1Sections 2.1 and 2.2.

Appears in 1 contract

Samples: Stockholders' Agreement (ExactTarget, Inc.)

Interim Director. The Company Corporation shall notify each Stockholder of the occurrence of any vacancy in any seat on of the Board. If the Stockholders entitled to elect nominate a successor to fill such vacancy fail to do so within sixty fifteen (6015) days after delivery of such notice, such vacancy may be filled in accordance with the By-laws of the Company Bylaws (subject in all cases to Section 2.5(b) below) until a successor has been nominated and elected to the Board in accordance with Section 2.1Sections 2.1 and 2.2 of this Agreement.

Appears in 1 contract

Samples: Stockholders’ Agreement (Addus HomeCare Corp)

Interim Director. The Company Corporation shall notify each Stockholder of the occurrence of any vacancy in any seat on of the Board. If the Stockholders entitled to elect nominate a successor to fill such vacancy fail to do so within sixty fifteen (6015) days after delivery of such notice, such vacancy may be filled in accordance with the By-laws of the Company Corporation until a successor has been nominated and elected to the Board in accordance with Section 2.1Sections 2.1 and 2.2.

Appears in 1 contract

Samples: Stockholders’ Agreement (ExactTarget, Inc.)

AutoNDA by SimpleDocs

Interim Director. The Company Corporation shall notify each Stockholder Investor of the occurrence of any vacancy in any seat on the Board. If the Stockholders Investors entitled to elect nominate a successor to fill such vacancy fail to do so within sixty fifteen (6015) days after delivery of such notice, such vacancy may be filled in accordance with the By-laws of the Company Bylaws (subject in all cases to Section 2.5(b) below) until a successor has been nominated and elected to the Board in accordance with Section 2.1Sections 2.1 and 2.2 of this Agreement.

Appears in 1 contract

Samples: Execution Version (PNG Ventures Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.