Nomination and Election of Directors. The following procedures shall govern the nomination and election of directors of the Company:
Appears in 6 contracts
Samples: Stockholders’ Agreement (Fifth Avenue Capital Inc), Stockholders' Agreement (Power Efficiency Corp), Stockholders' Agreement (Vital Living Inc)
Nomination and Election of Directors. The following procedures shall govern the nomination and election of directors of the Company:: (i) For so long as the Tomer Group shall beneficially own at least 20% of the Shares held by them on the date hereof, they shall be entitled to nominate and have elected three (3) directors acceptable to them in their sole discretion
Appears in 2 contracts
Samples: Stockholders' Agreement (YTB International, Inc.), Stockholders' Agreement (Rezconnect Technologies Inc)