Failure to Designate a Board Member. In the absence of any designation by PIC as specified in Section 1.2, the director previously designated by it and then serving shall be nominated for reelection at the Company’s next annual meeting of stockholders if still eligible to serve as provided herein.
Appears in 2 contracts
Sources: Voting Agreement (Trunity Holdings, Inc.), Voting Agreement (Pan-African Investment Company, LLC)