OF DIRECTORS. Minimum of three (3), maximum of twelve (12).
OF DIRECTORS. Subject to the last sentence of this Bylaw 3.02(b), the board of directors shall be classified in respect of the time for which they shall severally hold office by dividing the board into three (3) classes, each class to be as nearly equal in number as possible. Each director of the corporation shall hold office until his successor is duly elected and qualified, or if earlier, until his death, resignation, or removal from office. Subject to the last sentence of this Bylaw 3.02(b), the term of office of directors of the first class shall expire at the first annual meeting of shareholders after their election, the term of office of the second class of directors shall expire at the second annual meeting of shareholders after their election, and the term of office of the third class of directors shall expire at the third annual meeting of shareholders after their election. At each annual meeting of shareholders after such classification, the number of directors equal to the number of the class whose term expires at the time of such meeting shall be elected to hold office until the third succeeding annual meeting so that the term of office of one class of directors shall expire each year. Notwithstanding any other provision of these Bylaws to the contrary, any director or directors permitted to be elected pursuant to the Notes and the Preferred Stock shall not be classified and any directors so elected shall hold office for the term provided for by Preferred Stock."
OF DIRECTORS. Promptly after the Rights are redeemed, the Company shall give notice of such redemption to the Rights Agent and the holders of the then outstanding Rights by mailing such notice in accordance with Sec-
OF DIRECTORS. The number of directors of the Company shall be less then ten (10).
OF DIRECTORS. 91. The Company may by special resolution remove any Director not withstanding anything in these Articles or in any agreement between him and the Company (but without prejudice to any right to damages for termination of such agreement not in accordance with the terms thereof), and may, if thought fit, by ordinary resolution, appoint another person in his stead.
OF DIRECTORS. The number of directors of the corporation shall be one (1), which number may be changed from time to time, by a resolution duly adopted by the shareholders.
OF DIRECTORS. For the fiscal years ending June 30, 1997, 1998 and 1999 the earnings targets and allocated amounts shall be as set forth on SCHEDULE B, attached hereto. The Executive and Xxxxxxx Xxxxx shall determine, in their sole discretion, the distribution of the Tier I Pool funds allocated to All Access Operating. It is acknowledged and understood that the Executive and Xxxxxxx Xxxxx shall have the discretion to allocate some or all of said funds to themselves.
OF DIRECTORS. IT IS RESOLVED that the Register of Directors of the Company be updated to record the above changes in directors and secretary and the registered agent be hereby authorised and instructed to:
OF DIRECTORS. Such adjustments shall be made whenever such rights, options or warrants or convertible securities are issued. No adjustment shall be made pursuant to this Section 4.4 which shall have the effect of decreasing the number of shares of Common Stock issuable upon exercise of each warrant or of increasing the Exercise Price. For purposes of Section 4.4 only, any issuance of Common Stock, or rights, options or warrants to subscribe for, or other securities convertible into or exercisable or exchangeable for, Common Stock, which issuance (or agreement to issue) (A) is in exchange for or otherwise in connection with the bona fide acquisition of property (excluding any such exchange exclusively for cash) of any Person and (B) is at a price per share determined by the Board of Directors to be equal to the fair market value thereof at the time an agreement in principle is reached or at the time a definitive agreement is entered into, shall be deemed to have been made at a price per share equal to the Current Market Value per share at the record date with respect to such issuance (the time of closing or consummation of such exchange or acquisition) if such definitive agreement is entered into within 90 days of the date of such agreement in principle.
