Number and Term. The number of directors shall be fixed from time to time by the Board of Directors. The Board of Directors shall be elected by the stockholders at their annual meeting, and each director shall be elected to serve for the term of one year or until his or her successor is elected and qualified or until his or her earlier death, resignation, disqualification or removal. Directors need not be stockholders.
Appears in 2 contracts
Samples: Agreement and Plan of Merger (Abovenet Inc), Agreement and Plan of Merger (Zayo Group LLC)
Number and Term. The number of directors shall be fixed from time to time by resolution of the Board of DirectorsDirectors and shall initially be ten (10). The Board of Directors shall be elected by the stockholders at their annual meeting, and each director shall be elected to serve for the term of one year or and until his or her successor is shall be elected and qualified or until his or her earlier death, resignation, disqualification resignation or removal. Directors need not be stockholders.
Appears in 2 contracts
Samples: Agreement and Plan of Merger (Foundation Coal Holdings, Inc.), Agreement and Plan of Merger (Alpha Natural Resources, Inc.)
Number and Term. The number of directors shall be fixed from time to time by the Board of Directors. The Board of Directors shall be fixed by resolution of the shareholders or the Board of Directors within the limits specified in the Certificate of Incorporation. The Directors shall be elected by at the stockholders at their annual meetingmeeting of the shareholders, and each director Director so elected shall be elected to serve hold office for the term of one year and until the next succeeding annual meeting and until his successor shall have been elected and qualified, or until his or her successor is elected and qualified or until his or her earlier death, resignation, disqualification removal from office, death or removal. Directors need not be stockholdersincapacity.
Appears in 1 contract
Samples: Securities Purchase Agreement (American Skiing Co /Me)
Number and Term. The number of directors shall be fixed from time to time by the Board of Directors--------------- at four. The Board of Directors shall be elected by the stockholders at their annual meeting, and each director shall be elected to serve for the term of one year or and until his or her successor is shall be elected and qualified or until his or her earlier death, resignation, disqualification resignation or removal. Directors need not be stockholders.
Appears in 1 contract
Samples: Stock and Interest Purchase Agreement (Homestore Com Inc)
