VACATION OF OFFICE OF DIRECTOR Sample Clauses

VACATION OF OFFICE OF DIRECTOR. The office of a Director shall be vacated if: (a) the Director gives notice in writing to the Company that he resigns the office of Director; or (b) the Director absents himself (for the avoidance of doubt, without being represented by proxy) from three consecutive meetings of the board of Directors without special leave of absence from the Directors, and the Directors pass a resolution that he has by reason of such absence vacated office; or (c) the Director dies, becomes bankrupt or makes any arrangement or composition with his creditors generally; or (d) the Director is found to be or becomes of unsound mind; or (e) all of the other Directors (being not less than two in number) determine that he should be removed as a Director, either by a resolution passed by all of the other Directors at a meeting of the Directors duly convened and held in accordance with the Articles or by a resolution in writing signed by all of the other Directors.

VACATION OF OFFICE OF DIRECTOR. The office of a Director shall be vacated if he or she gives notice in writing to the Company that he or she resigns the office of Director, if he or she dies or if he or she is found a lunatic or becomes of unsound mind, and such vacated office may be filled only pursuant to Article 73, 74 or 75, as applicable.

VACATION OF OFFICE OF DIRECTOR. The office of a Director shall be vacated if:

VACATION OF OFFICE OF DIRECTOR. 22.1 The office of a Director shall be vacated: (a) if he gives notice in writing to the Board of Directors or Secretary that he resigns the office of Director; (b) if he dies; (c) if he is found to be or becomes of unsound mind; or (d) if removed pursuant to Article 18.1. 22.2 In the case of a resignation, the resignation shall be effective as of the date specified in the notice or if not so specified, upon receipt thereof. Unless otherwise specified in the notice, acceptance shall not be required to make it effective. 22.3 A resolution of the Board of Directors declaring a Director to have vacated office under the terms of Article 22.1 is conclusive evidence as to the fact and grounds of vacation stated in the resolution.

VACATION OF OFFICE OF DIRECTOR. 32.1 The office of a Director shall be vacated if: (a) the Director gives notice in writing to the Company that he resigns the office of Director; or (b) the Director absents himself (for the avoidance of doubt, without being represented by proxy) from three consecutive meetings of the board of Directors without special leave of absence from the Directors, and the Directors pass a resolution that he has by reason of such absence vacated office; or (c) the Director dies, becomes bankrupt or makes any arrangement or composition with his creditors generally; or (d) the Director is found to be or becomes of unsound mind; or (e) by Special Resolution for cause at any time before the expiration of his term notwithstanding anything in these Articles or in any agreement between the Company and such Director (but without prejudice to any claim for damages under such agreement). 32.2 For the purposes of this Article 31, "cause" shall mean:

VACATION OF OFFICE OF DIRECTOR. The office of a Director shall be vacated, if: (a) the Director is removed pursuant to Article 27 or Article 29 hereof or Section 2.01 (subject to Section 2.10) or Section 2.04 of the Shareholders Deed; or (b) the Director gives notice in writing to the Company that they resign the office of Director; or (c) the Director dies, becomes bankrupt or makes any arrangement or composition with their creditors generally; or (d) the Director is found to be or becomes of unsound mind; or (e) if the Director ceases to be a Director by virtue of, or becomes prohibited from being a Director by reason of, an order made under the provisions of any law or enactment; provided that nothing in this Article 30 shall impair the right of the Member who appointed such vacated Director to appoint another individual to replace such vacated Director and serve as a replacement Director pursuant to Article 27.2 or Article 27.3, as applicable.

VACATION OF OFFICE OF DIRECTOR. The office of a Director shall be deemed to have been vacated under the circumstances enumerated under Act. At the Annual General Meeting of the Company to be held every year, one third of such of the Directors as are liable to retire by rotation for time being, or, if their number is not three or a multiple of three then the number nearest to one third shall retire from office, and they will be eligible for re-election. Subject to the provisions of the Act, the Board shall have the power to determine the Directors whose period of office is or is not liable to determination by retirement of directors by rotation. Provided that an Independent Director duly appointed by the Company shall not be liable to retire by rotation.

VACATION OF OFFICE OF DIRECTOR. Notwithstanding anything in these Articles, the office of a Director shall be vacated if: (a) the Director gives notice in writing to the Company that he resigns the office of Director; or (b) the Director absents himself (for the avoidance of doubt, without being represented by proxy) from three consecutive meetings of the board of Directors without special leave of absence from the Directors, and the Directors pass a resolution that he has by reason of such absence vacated office; or (c) the Director dies, becomes bankrupt or makes any arrangement or composition with his creditors generally; or (d) (i) with respect to any Director (other than Founder), a licensed medical practitioner who has evaluated that Director gives a written opinion to the Company stating he or she has become physically or mentally incapable of acting as a Director (with reasonable accommodations) and may remain so for more than three (3) months, or (ii) with respect to Founder his Incapacity shall have been determined.

VACATION OF OFFICE OF DIRECTOR. AUTOMATIC The office of a Director shall ipso facto be vacated if he: (a) becomes of unsound mind or a person whose person or estate is liable to be dealt with in any way under the law relating to mental health; (b) is absent without the consent of the Directors from meetings of the Directors held during a period of 3 months; (c) is removed under the provisions of Article 16.4; (d) resigns his office in accordance with Article 16.6; or (e) otherwise ceases to be a Director by virtue of the Corporations Law.