Failure to Designate a Board Member. If the Person or the holders of at least a majority of the Shares entitled under Section 9.2 to designate a director fail to elect a sufficient number of directors to fill all directorships pursuant to Section 9.2, then any directorship so vacant shall remain vacant until such time as the Person or the applicable holders elect a person to fill such directorship by vote or written consent in lieu of a meeting in accordance with Section 9.2.
Appears in 2 contracts
Sources: Stock Purchase Agreement (Bespoke Capital Acquisition Corp), Shareholder Agreement (Bespoke Capital Acquisition Corp)