Common use of Number, Election and Term of Office Clause in Contracts

Number, Election and Term of Office. The number of directors which shall constitute the first board shall be two (2). The number of directors shall be subject to change by the vote of holders of a majority of the stock then entitled to vote at an election of directors. The directors shall be elected by a plurality of the votes of the stock present in person or represented by proxy at a meeting of the stockholders and entitled to vote in the election of directors. The directors shall be elected in this manner at any meeting of the stockholders, except as provided in Section 4 of this Article III. Each director elected shall hold office until a successor is duly elected and qualified or until his or her earlier death, resignation or removal as hereinafter provided.

Appears in 3 contracts

Samples: Escrow Agreement (Forum Merger II Corp), Lock Up Agreement (Cleantech Acquisition Corp.), Agreement and Plan of Merger (TradeUP Acquisition Corp.)

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Number, Election and Term of Office. The number of directors which shall constitute the first board Board shall be two (2). The number of directors shall be subject as fixed from time to change time by the affirmative vote of holders of a majority of the stock directors then entitled to vote at an election thereon or by the affirmative vote of directorsa majority of stockholders then entitled to vote thereon. The directors shall be elected by a plurality of the votes of the stock shares present in person or represented by proxy at a the meeting of the stockholders and entitled to vote in the election of directors. The directors shall be elected in this manner at any the annual meeting of the stockholders, except as provided in Section 4 of this Article III. Each director elected shall hold office until a successor is duly elected and qualified or until his or her earlier death, resignation or removal as hereinafter provided.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Flexion Therapeutics Inc), Agreement and Plan of Merger (Pacira BioSciences, Inc.)

Number, Election and Term of Office. The number of directors which that shall constitute the Board of Directors shall be not less than one nor more than fifteen. The first board of directors shall be two (2)consist of one director. The Thereafter, the number of directors shall be subject established from time to change time by the vote of holders of a majority resolution of the stock then entitled to vote at an election of directorsboard. The directors shall be elected by a plurality of the votes of the stock shares present in person or represented by proxy at a the meeting of the stockholders and entitled to vote in the election of directors. The directors shall be elected in this manner at any the annual meeting of the stockholders, except as provided in Section 4 of this Article III. Each director elected shall hold office until a successor is duly elected and qualified or until his or her earlier death, resignation or removal as hereinafter provided.

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Xpedx Holding Co), Agreement and Plan of Merger (Xpedx Holding Co)

Number, Election and Term of Office. The number of directors which shall constitute the first initial board shall be two four (24). The Thereafter, the number of directors shall be subject established from time to change by time in accordance with the vote of holders of a majority of terms and conditions set forth in the stock then entitled to vote at an election of directorsStockholders Agreement. The directors shall be elected by a plurality of the votes of the stock shares present in person or represented by proxy at a the meeting of the stockholders and entitled to vote in the election of directors. The directors shall be elected in this manner at any the annual meeting of the stockholders, except as provided in Section 4 of this Article IIIIII or in the Stockholders Agreement. Each director elected shall hold office until a successor is duly elected and qualified or until his or her earlier death, resignation or removal as hereinafter providedprovided or as provided in the Stockholders Agreement.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Compdent Corp)

Number, Election and Term of Office. The number of directors which shall constitute the first board as of the effective date of these bylaws shall be two (2)no less than one. The Thereafter, the number of directors shall be subject established from time to change time by the vote of holders of a majority resolution of the stock then entitled to vote at an election of directorsboard. The directors shall be elected by a plurality of the votes of the stock shares present in person or represented by proxy at a the meeting of the stockholders and entitled to vote in the election of directors. The directors shall be elected in this manner at any the annual meeting of the stockholders, except as provided in Section 4 3.4 of this Article III. Each director elected shall hold office until a successor is duly elected and qualified or until his or her earlier death, resignation or removal as hereinafter provided.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Cerevel Therapeutics Holdings, Inc.)

Number, Election and Term of Office. The number of directors which shall constitute the first board as of the effective date of these By-Laws shall be two (2). The one or more, which number of directors shall may be subject increased or decreased from time to change time by the vote of holders of a majority resolution of the stock then entitled to vote at an election board of directors. The directors shall be elected by a plurality of the votes of the stock shares present in person or represented by proxy at a the meeting of the stockholders and entitled to vote in the election of directors. The directors shall be elected in this manner at any the annual meeting of the stockholders, except as provided in Section 4 of this Article III. Each director elected shall hold office until a successor is duly elected and qualified or until his or her earlier death, resignation or removal as hereinafter provided.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Thorne Healthtech, Inc.)

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Number, Election and Term of Office. The number of directors which shall constitute the first board shall be two (2( ). The Thereafter, the number of directors shall be subject established from time to change time by the vote of holders of a majority resolution of the stock then entitled to vote at an election board or of directorsthe stockholders. The directors shall be elected by a plurality of the votes of the stock shares present in person or represented by proxy at a the meeting of the stockholders and entitled to vote in the election of directors. The directors shall be elected in this manner at any the annual meeting of the stockholders, except as otherwise provided in Section 4 of this Article III. Each director elected shall hold office until a successor is duly elected and qualified or until his or her earlier death, resignation or removal as hereinafter provided.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Geeknet, Inc)

Number, Election and Term of Office. The number of directors which shall constitute the first board as of the effective date of these by-laws shall be two three (23). The Thereafter, the number of directors shall be subject established from time to change time by the vote of holders of a majority resolution of the stock then entitled to vote at an election of directorsboard. The directors shall be elected by a plurality of the votes of the stock shares present in person or represented by proxy at a the meeting of the stockholders and entitled to vote in the election of directors. The directors shall be elected in this manner at any the annual meeting of the stockholders, except as provided in Section 4 of this Article III. Each director elected shall hold office until a successor is duly elected and qualified or until his or her earlier death, resignation or removal as hereinafter provided.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Lions Gate Entertainment Corp /Cn/)

Number, Election and Term of Office. The number of directors which shall constitute the first board as of the effective date of these by-laws shall be two (2). The one or more, which number of directors shall may be subject increased or decreased from time to change time by the vote of holders of a majority resolution of the stock then entitled to vote at an election board of directors. The directors shall be elected by a plurality of the votes of the stock shares present in person or represented by proxy at a the meeting of the stockholders and entitled to vote in the election of directors. The directors shall be elected in this manner at any the annual meeting of the stockholders, except as provided in Section 4 of this Article III. Each director elected shall hold office until a successor is duly elected and qualified or until his or her earlier death, resignation or removal as hereinafter provided.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Cellular Biomedicine Group, Inc.)

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