TERM OF OFFICE; REMOVAL AND VACANCIES. The officers of the corporation shall hold office until their successors are chosen and qualify in their stead. Any officer elected or appointed by the Board of Directors may be removed at any time by the affirmative vote of a majority of the Board of Directors. If the office of any officer or officers becomes vacant for any reason, the vacancy shall be filled by the Board of Directors.
Appears in 8 contracts
Samples: Agreement and Plan of Merger (Tenneco Inc), Agreement and Plan of Merger (William Lyon Homes), Agreement and Plan of Merger (Taylor Morrison Home Corp)
TERM OF OFFICE; REMOVAL AND VACANCIES. The officers of the corporation Corporation shall hold office until their successors are chosen and qualify in their stead. Any officer elected or appointed by the Board of Directors may be removed at any time by the affirmative vote of a majority of the Board of Directors. If the office of any officer or officers becomes vacant for any reason, the vacancy shall be filled by the Board of Directors.
Appears in 2 contracts
Samples: Agreement and Plan of Merger (Allied Riser Communications Corp), Realty Income Corp
TERM OF OFFICE; REMOVAL AND VACANCIES. The officers of the corporation Corporation shall hold office until their successors are chosen and qualify in their stead. Any officer elected or appointed by the Board of Directors may be removed at any time by the affirmative vote of a majority of the Board whenever in its judgment the best interests of Directorsthe Corporation would be served thereby. If the office of any officer or officers becomes vacant for any reason, the vacancy shall be filled by the Board of DirectorsBoard.
Appears in 1 contract
Samples: Business Combination Agreement (Pioneer Merger Corp.)
