Notice; Cumulative Voting. The Company shall promptly give each ------------------------- of the 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 Board Designee. In any election of directors pursuant to this Section 2, the 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 2.
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Samples: Series B Preferred Stock Exchange Agreement (Asymetrix Learning Systems Inc)
Notice; Cumulative Voting. The Company shall promptly give each ------------------------- of the Holders Shareholders written notice of any change in composition of the Company's Board of Directors and of any proposal by a Designator or Designators the Investor to remove or elect a new Board Investor Designee. In any election of directors pursuant to this Section 21, the Holders Shareholders 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 2Investor Designee.
Appears in 1 contract
Samples: Voting Agreement (Netpliance Inc)
Notice; Cumulative Voting. The Company shall promptly give each ------------------------- of the Holders ------------------------- Investors 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 Board Designee. In any election of directors pursuant to this Section 2Agreement, the Holders Investors 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 2Agreement, utilizing cumulative voting, if and to the extent necessary to do so.
Appears in 1 contract
Notice; Cumulative Voting. The Company shall promptly give each ------------------------- of the Holders written notice of any change in composition of the Company's Board of Directors and of any proposal by a Designator or Designators the Investor to remove or elect a new Board Investor Designee. In any election of directors pursuant to this Section 2, the Holders shall vote their shares in a manner sufficient to elect to the Company's Board of Directors board the individuals to be elected thereto as provided in this Section 2, utilizing cumulative voting, if and to the extent necessary to do so.
Appears in 1 contract
