Number and Term. The business and affairs of the Corporation shall be managed under the direction of a Board of Directors which shall consist of not less than one person. The exact number of directors shall initially be eleven and may thereafter be fixed from time to time by the Board of Directors. Directors shall be elected at the annual meeting of stockholders and each director shall be elected to serve until his or her successor shall be elected and shall qualify. A director need not be a stockholder.
Appears in 3 contracts
Sources: Merger Agreement (Santander Holdings USA, Inc.), Merger Agreement (Santander Consumer USA Holdings Inc.), Merger Agreement (Santander Holdings USA, Inc.)
Number and Term. The business and affairs of the Corporation shall be managed under the direction of a Board of Directors which shall consist of not less than one person. The exact number of directors shall initially be eleven three and may thereafter be fixed from time to time by the Board of Directors. Directors shall be elected at the annual meeting of stockholders and each director shall be elected to serve until his or her successor shall be elected and shall qualify. A director need not be a stockholder.
Appears in 2 contracts
Sources: Merger Agreement (Sucampo Pharmaceuticals, Inc.), Merger Agreement (Mallinckrodt PLC)
Number and Term. The business and affairs of the Corporation shall be managed under the direction of a Board of Directors which shall consist of not less than one person. The exact number of directors shall initially be eleven one and may thereafter be fixed from time to time by the Board of Directors. Directors shall be elected at the annual meeting of stockholders shareholders and each director shall be elected to serve until his or her successor shall be elected and shall qualify. A director need not be a stockholdershareholder.
Appears in 1 contract
Sources: Merger Agreement (Fei Co)
Number and Term. The business and affairs of the Corporation shall be managed under the direction of a Board of Directors which shall consist of not less than one persontwo persons. The exact number of directors shall initially be eleven two and may thereafter be fixed from time to time by the Board of Directors. Directors shall be elected at the annual meeting of stockholders and each director shall be elected to serve until his or her successor shall be elected and shall qualify. A director need not be a stockholder.
Appears in 1 contract
Number and Term. The business and affairs of the Corporation shall be managed under the direction of a Board of Directors which shall consist of not less than one person. The exact number of directors shall initially be eleven two and may thereafter be fixed from time to time by the Board of Directors. Directors shall be elected at the annual meeting of stockholders and each director shall be elected to serve until his or her successor shall be elected and shall qualify. A director need not be a stockholder.
Appears in 1 contract
Sources: Merger Agreement (Encore Wire Corp)
Number and Term. The business and affairs of the Corporation shall be managed under the direction of a Board of Directors which shall consist of not less than one personor more members. The exact number of directors shall initially be eleven two and may thereafter be fixed from time to time by the Board of Directors. Directors shall be elected at the annual meeting of stockholders shareholders and each director shall be elected to serve until his or her successor shall be elected and shall qualify. A director need not be a stockholdershareholder.
Appears in 1 contract
Sources: Business Combination Agreement (Omnicom Group Inc.)
Number and Term. The business and affairs of the Corporation shall be managed under the direction of a Board of Directors which shall consist of not less than one person. The exact number of directors shall initially be eleven and may thereafter be fixed from time to time by the Board of Directors. Directors shall be elected at the annual meeting of stockholders and each director shall be elected to serve until his or her successor shall be elected and shall qualify. A director need not be a stockholder.
Appears in 1 contract
Sources: Merger Agreement (Gannett Co., Inc.)
Number and Term. The business and affairs of the Corporation shall be managed under the direction of a Board of Directors which shall consist of not less than one personperson and up to five persons. The exact number of directors shall initially be eleven one and may thereafter be fixed from time to time by the Board of Directors. Directors shall be elected at the annual meeting of stockholders and each director shall be elected to serve until his or her successor shall be elected and shall qualify. A director need not be a stockholder.
Appears in 1 contract