Failure to Designate. If any party fails to designate a representative to fill a directorship pursuant to the terms of Section 1.1, the election of a person to such directorship shall be accomplished in accordance with Parent's certificate of incorporation, bylaws and applicable law.
Appears in 2 contracts
Sources: Stockholders' Agreement (Aros Corp), Stockholders' Agreement (Centerpulse LTD)
Failure to Designate. If any party or group fails to designate a representative to fill a directorship pursuant to the terms of Section 1.1, the election of a person to such directorship shall be accomplished in accordance with Parent's ’s certificate of incorporation, bylaws and applicable law.
Appears in 1 contract
Failure to Designate. If any party fails to designate a representative to fill a directorship pursuant to the terms of Section 1.1, the election of a person to such directorship shall be accomplished in accordance with Parent's ’s certificate of incorporation, bylaws and applicable law.
Appears in 1 contract
Sources: Stockholders' Agreement (Aros Corp)
Failure to Designate. If any party or group fails to designate a representative to fill a directorship pursuant to the terms of Section 1.1, the election of a person to such directorship shall be accomplished in accordance with Parent's Company’s certificate of incorporation, bylaws or other constituent documents and applicable law.
Appears in 1 contract