Common use of Number of Directors Clause in Contracts

Number of Directors. The Board of Directors shall consist of one or more members, each of whom shall be a natural person. Unless the certificate of incorporation fixes the number of directors, the number of directors shall be determined from time to time by resolution of a majority of the Whole Board. No reduction of the authorized number of directors shall have the effect of removing any director before that director’s term of office expires.

Appears in 7 contracts

Samples: Agreement and Plan of Merger (Osprey Technology Acquisition Corp.), Agreement and Plan of Merger (Otonomo Technologies Ltd.), Registration Rights Agreement (Minerva Surgical Inc)

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Number of Directors. The Board of Directors shall consist of one or more members, each of whom shall be a natural person. Unless the certificate of incorporation fixes the number of directors, the number of directors shall be determined from time to time by resolution of a majority of the Whole Board. No reduction of the authorized number of directors shall have the effect of removing any director before that director’s term of office expires.

Appears in 5 contracts

Samples: Note Subscription Agreement, Agreement and Plan of Merger (Ii-Vi Inc), Agreement and Plan of Merger (IMARA Inc.)

Number of Directors. The Board of Directors shall consist of one or more members, each of whom shall be a natural person. Unless the certificate of incorporation fixes the number of directors, the authorized number of directors shall be determined from time to time by resolution of a majority the Board, provided the Board shall consist of the Whole Boardat least one (1) member. No reduction of the authorized number of directors shall have the effect of removing any director before that director’s term of office expires.

Appears in 4 contracts

Samples: Loan and Security Agreement (Achaogen Inc), Loan and Security Agreement (Relypsa Inc), Loan and Security Agreement (Relypsa Inc)

Number of Directors. The Board of Directors shall consist of one or more members, each of whom shall be a natural person. Unless The size of the Board of Directors will be fixed in the manner set forth in the certificate of incorporation fixes the number of directors, the number of directors shall be determined from time to time by resolution of a majority of the Whole Boardincorporation. No reduction of the authorized number of directors shall have the effect of removing any director before that director’s term of office expires.

Appears in 4 contracts

Samples: Business Combination Agreement (Ogilvie Bruce a Jr), Business Combination Agreement (Adara Acquisition Corp.), Business Combination Agreement (Walker Jeffrey Clinton)

Number of Directors. The Board board of Directors directors shall consist of one or more members, each of whom shall be a natural person. Unless the certificate of incorporation fixes the number of directors, the number of directors shall be determined from time to time solely by resolution of adopted by a majority vote of the Whole Boardentire board of directors. No reduction of the authorized number of directors shall have the effect of removing any director before that director’s term of office expires.

Appears in 3 contracts

Samples: Plan of Conversion (A.S.V., LLC), Plan of Conversion (A.S.V., LLC), Plan of Conversion (Asv Holdings, Inc.)

Number of Directors. The Board of Directors shall consist of one or more members, each of whom shall be a natural person. Unless the certificate Certificate of incorporation Incorporation fixes the number of directors, the number of directors shall be determined from time to time solely by resolution of a majority of the Whole Board. No reduction of the authorized number of directors shall have the effect of removing any director before that director’s term of office expires.

Appears in 3 contracts

Samples: Support Agreement (ConversionPoint Holdings, Inc.), Support Agreement (ConversionPoint Holdings, Inc.), Support Agreement (Inuvo, Inc.)

Number of Directors. The Board of Directors shall consist of one two members or more members, each such other number (greater or lesser) as the Board of whom shall be a natural person. Unless the certificate of incorporation fixes the number of directors, the number of directors shall be determined Directors may from time to time determine by resolution of a majority of resolution; provided, however, that no decrease in the Whole Board. No reduction of the authorized number of directors shall have the effect of removing any director before prior to expiration of that director’s term of office expiresoffice.

Appears in 2 contracts

Samples: Agreement and Plan of Merger, Agreement and Plan of Merger (Finish Line Inc /In/)

Number of Directors. The Board of Directors shall consist of one or more members, each of whom shall be a natural person. Unless the certificate of incorporation fixes the number of directors, the number of directors shall be determined from time to time by resolution of a majority of the Whole Board. No reduction of the authorized number of directors shall have the effect of removing any director before that director’s 's term of office expires.

Appears in 1 contract

Samples: Security Agreement (Biomira Inc)

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Number of Directors. The Board of Directors shall consist of one or more members, each of whom shall be a natural person. Unless the certificate of incorporation fixes the number of directors, the number of directors shall thereof to be determined from time to time by resolution of a majority the Board of Directors. The number of directors which shall comprise the Whole Boardinitial Board of Directors shall be one. Directors need not be shareholders. No reduction of the authorized number of directors shall have the effect of removing any director before that director’s term of office expires.

Appears in 1 contract

Samples: Agreement and Plan of Merger

Number of Directors. The Board of Directors shall consist of one or more members, each of whom shall be a natural person. Unless the certificate Certificate of incorporation Incorporation fixes the number of directors, the number of directors shall be determined from time to time by resolution of a majority of the Whole Board. No reduction of the authorized number of directors shall have the effect of removing any director before that director’s term of office expires.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Superior Silver Mines Inc)

Number of Directors. The Board of Directors shall consist of one or more members, each of whom shall be a natural person. Unless the certificate of incorporation fixes the number of directors, the The exact number of directors constituting the Board of Directors shall be determined fixed, and may be changed from time to time time, by the Board of Directors pursuant to a resolution of passed by a majority of the Whole BoardBoard of Directors then in office, even if less than a quorum, at a duly held meeting of directors. No reduction of in the authorized number of directors shall have the effect of removing any director before that director’s term of office expires. Directors need not be stockholders.

Appears in 1 contract

Samples: Agreement of Merger (Us Search Corp Com)

Number of Directors. The Board board of Directors directors shall consist of one or more members, each of whom shall be a natural person. Unless the certificate of incorporation fixes the number of directors, the number of directors shall be as determined from time to time by resolution of a majority the board of the Whole Boarddirectors. No reduction of the authorized number of directors shall have the effect of removing any director before that director’s term of office expires.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Command Center, Inc.)

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