Common use of Vacancies and Newly Created Directorships Clause in Contracts

Vacancies and Newly Created Directorships. Vacancies, and newly created directorships resulting from any increase in the authorized number of directors, shall be filled by a majority vote of the directors then in office, though less than a quorum, or by a sole remaining director, and the directors so chosen shall hold office until the next annual election and until their successors are duly elected and shall qualify, unless sooner displaced. If there are no directors in office, then an election of directors may be held in the manner provided by statute.

Vacancies and Newly Created Directorships. Vacancies, Vacancies and newly created directorships resulting from any increase in the authorized number of directors, shall directors may be filled by a majority vote of the directors then in office, though although less than a quorum, or by a sole remaining director, and the directors each director so chosen shall hold office until the next annual election and until their successors are duly his or her successor is elected and shall qualifyqualified or until his or her earlier death, unless sooner displacedtermination, resignation, retirement, disqualification or removal from office. If there are no directors in office, then an election of directors may be held in the manner provided by statutelaw.

Vacancies and Newly Created Directorships. VacanciesExcept as otherwise provided in the Restated Certificate, vacancies and newly created directorships resulting from any increase in the authorized number of directors, shall Directors may be filled by a majority vote of the directors Directors then in office, though even if less than a quorum, or by a sole remaining directorDirector, and the directors Directors so chosen shall hold office until the next annual election of Directors and until their successors are duly elected and shall qualify, unless sooner displacedqualified or until earlier resignation or removal. If there are no directors Directors in office, then an election of directors Directors may be held in the manner provided by statute.

Vacancies and Newly Created Directorships. Vacancies(a) Except as otherwise provided in this Agreement, vacancies and newly created directorships resulting from any increase in the authorized number of directors, shall directors may be filled by a majority vote of the directors Directors then in office, though although less than a quorum, or by a sole remaining director, and the directors Director. Any Director so chosen shall hold office until the next annual election meeting of Unitholders and until their successors are such Director’s successor is duly elected and shall qualifyqualified or until such director’s earlier death, unless sooner displaced. If there are no directors in office, then an election of directors may be held in the manner provided by statuteresignation or removal.