Common use of Removal Without Cause Clause in Contracts

Removal Without Cause. For so long as the stockholders of the Corporation are entitled to cumulative voting, if at any time less than the entire Board of Directors is to be removed, no Director may be removed from office without cause if the votes cast against his removal would be sufficient to elect him as a Director if then cumulatively voted at an election of the entire Board of Directors.

Removal Without Cause. For so long as the stockholders of the Corporation are entitled to cumulative voting, if If at any time less than the entire Board of Directors is to be removed, no Director may be removed from office without cause if the votes cast against his removal would be sufficient to elect him as a Director if then cumulatively voted at an election of the entire Board of Directors.