Common use of Number and Election of Directors Clause in Contracts

Number and Election of Directors. The Board of Directors shall consist of one or more members, the exact number of which shall initially be fixed by the Incorporator and thereafter from time to time by the Board of Directors. Except as provided in Section 2 of this Article, directors shall be elected by a plurality of the votes cast at Annual Meetings of Stockholders, and each director so elected shall hold office until the next Annual Meeting and until his successor is duly elected and qualified, or until his earlier resignation or removal. Any director may resign at any time upon written notice to the Corporation. Directors need not be stockholders.

Appears in 4 contracts

Samples: The Arrangement Agreement (DecisionPoint Systems, Inc.), Arrangement Agreement (Comamtech Inc.), The Arrangement Agreement (Comamtech Inc.)

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Number and Election of Directors. The Board of Directors shall consist of not less than one or nor more than fifteen members, the exact number of which shall initially be fixed by the Incorporator and thereafter from time to time by the Board of Directors. Except as provided in Section 2 of this ArticleArticle III, directors shall be elected by a plurality of the votes cast at each Annual Meetings Meeting of Stockholders, Stockholders and each director so elected shall hold office until the next Annual Meeting of Stockholders and until his such director’s successor is duly elected and qualified, or until his such director’s earlier death, resignation or removal. Any director may resign at any time upon written notice to the Corporation. Directors need not be stockholders.

Appears in 4 contracts

Samples: Agreement and Plan of Merger (Dts, Inc.), Agreement and Plan of Merger (Alliance HealthCare Services, Inc), Agreement and Plan of Merger (Neiman Marcus Group LTD Inc.)

Number and Election of Directors. The Board of Directors shall consist of not less than one or nor more than fifteen members, the exact number of which shall initially be fixed by the Incorporator and thereafter from time to time by the Board of Directors. Except as provided in Section 2 of this ArticleArticle III, directors shall be elected by a plurality of the votes cast at each Annual Meetings Meeting of Stockholders, Stockholders and each director so elected shall hold office until the next Annual Meeting of Stockholders and until his such director’s successor is duly elected and qualified, or until his such director’s earlier death, resignation or removal. Any director may resign at any time upon written notice to the Corporation. Directors need not be stockholders.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Regal Entertainment Group)

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Number and Election of Directors. The Board of Directors shall consist of not less than one or nor more than fifteen members, the exact number of which shall initially be fixed by the Incorporator and thereafter from time to time by the Board of Directors. Except as provided in Section 2 of this ArticleArticle III, directors shall be elected by a plurality of the votes cast at each Annual Meetings Meeting of Stockholders, Stockholders and each director so elected shall hold office until the next Annual Meeting of Stockholders and until his such director's successor is duly elected and qualified, or until his such director's earlier death, resignation or removal. Any director may resign at any time upon written notice to the Corporation. Directors need not be stockholders.

Appears in 1 contract

Samples: Iii Agreement and Plan of Merger (Bioclinica Inc)

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