Common use of Election or Appointment Clause in Contracts

Election or Appointment. ‌ After the Effective Date, and once any Nominee has been nominated by any of the Nominating Parties pursuant to this Article 3, the Corporation shall: (a) call a Shareholder Meeting for the purpose of considering the election of such Nominee to the Board, such Shareholder Meeting to be held on a date that is no later than 60 days following the Nominee’s designation; (b) arrange for the Nominee to be appointed to the Board under applicable corporate law to fill any vacancies; or (c) a combination of the foregoing.

Election or Appointment. ‌ After the Effective Date, and once any Nominee has been nominated by any of the Nominating Parties pursuant to this Article 3, the Corporation shall: (a) call a Shareholder Meeting for the purpose of considering the election of such Nominee to the Board, such Shareholder Meeting to be held on a date that is no later than 60 days following the Nominee’s designation; (b) arrange for the Nominee to be appointed to the Board under applicable corporate law to fill any vacancies; or (c) a combination of the foregoing.