Common use of Notice; Cumulative Voting Clause in Contracts

Notice; Cumulative Voting. The Company shall promptly give ------------------------- each of the Investors and the Founders written notice of any change in composition of the Board and of any proposal to remove or elect a new director. In any election of directors pursuant to this Section 6, the Investors and Founders agree to vote their shares in a manner sufficient to elect to the Board the individuals to be elected thereto as provided in this Section 6, utilizing cumulative voting, if applicable and to the extent necessary to do so.

Appears in 2 contracts

Samples: Investors' Rights Agreement (Smartage Corp), Investors' Rights Agreement (Smartage Corp)

AutoNDA by SimpleDocs

Notice; Cumulative Voting. The Company shall promptly give each ------------------------- each of the Investors and the Founders Holders written notice of any change in composition of the Company's Board of Directors and of any proposal by a Designator or Designators to remove or elect a new directorBoard Designee. In any election of directors pursuant to this Section 61, the Investors and Founders agree to Holders shall vote their shares in a manner sufficient to elect to the Company's Board of Directors the individuals to be elected thereto as provided in this Section 61.1, utilizing cumulative voting, if applicable and to the extent necessary to do so.

Appears in 1 contract

Samples: Preferred Stock Purchase Agreement (Alladvantage Com Inc)

AutoNDA by SimpleDocs

Notice; Cumulative Voting. The Company shall will promptly give ------------------------- each of the Investors and the Founders Principal Common Shareholders written notice of any change in composition of the Company's Board of Directors and of any proposal by the Designators to remove or elect a new directorBoard Designee or Designees. In any election of directors Directors pursuant to this Section 65, the Investors and Founders agree to the Principal Common Shareholders will vote their shares in a manner sufficient to elect to the Company's Board of Directors the individuals Board Designee or Designees to be elected thereto as provided in this Section 65, utilizing cumulative voting, voting if applicable and to the extent necessary to do so.

Appears in 1 contract

Samples: Investors' Rights Agreement (Transmeta Corp)

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