Common use of Additional Directors Clause in Contracts

Additional Directors. (i) The number of Directors automatically will increase upon the admission of Additional Members or Substituted Members, up to a total of [***] Directors. If the Board of Directors wishes to increase the number of Directors to more than [***] Directors in total, then such increase will require the unanimous vote of the Directors in accordance with Section 7.1(d). (ii) If the number of Directors is increased in connection with the admission of Additional Members or Substituted Members, then the vacancy created by such increase in the number of Directors will be filled by [***].

Appears in 4 contracts

Sources: Limited Liability Company Agreement (Coca-Cola Consolidated, Inc.), Limited Liability Company Agreement (Coca-Cola Consolidated, Inc.), Limited Liability Company Agreement (Coca Cola Bottling Co Consolidated /De/)

Additional Directors. (i) The number of Directors automatically will increase upon the admission of Additional Members or Substituted Members, up to a total of [***] Directors. If the Board of Directors wishes to increase the number of Directors to more than [***] Directors in total, then such increase will require the unanimous vote of the Directors in accordance with Section 7.1(d)[***]. (ii) If the number of Directors is increased in connection with the admission of Additional Members or Substituted Members, then the vacancy created by such increase in the number of Directors will be filled by [***].

Appears in 1 contract

Sources: Limited Liability Company Agreement (Coca Cola Bottling Co Consolidated /De/)