Document ID: 16009

Text:
During any 12 month period within the Term, Continuing Directors cease for any reason to constitute at least a majority of the Board. For this purpose, a Continuing Director is any person who at the beginning of the Term was a member of the Board, or any person first elected to the Board during the Term whose election, or the nomination for election by the Companys shareholders, was approved by a vote of at least two-thirds of the Continuing Directors then in office, but excluding any person (A) initially appointed or elected to office as result of either an actual or threatened election and/or proxy contest by or on behalf of any person or group (within the meaning of Section 13(d) of the Exchange Act ) other than the Board, or (B) designated by any person or group (within the meaning of Section 13(d) of the Exchange Act ) ) who has entered into an agreement with the Company to effect a transaction described in Section 11(b)(i) through (iv).

Named Entities:
81
81
Percentage
138
139
Act

Tokenized Text:
During
any
12
month
period
within
the
Term
,
Continuing
Directors
cease
for
any
reason
to
constitute
at
least
a
majority
of
the
Board
.
For
this
purpose
,
a
Continuing
Director
is
any
person
who
at
the
beginning
of
the
Term
was
a
member
of
the
Board
,
or
any
person
first
elected
to
the
Board
during
the
Term
whose
election
,
or
the
nomination
for
election
by
the
Companys
shareholders
,
was
approved
by
a
vote
of
at
least
two-thirds
of
the
Continuing
Directors
then
in
office
,
but
excluding
any
person
(
A
)
initially
appointed
or
elected
to
office
as
result
of
either
an
actual
or
threatened
election
and
/
or
proxy
contest
by
or
on
behalf
of
any
person
or
group
(
within
the
meaning
of
Section
13
(
d
)
of
the
Exchange
Act
)
other
than
the
Board
,
or
(
B
)
designated
by
any
person
or
group
(
within
the
meaning
of
Section
13
(
d
)
of
the
Exchange
Act
)
)
who
has
entered
into
an
agreement
with
the
Company
to
effect
a
transaction
described
in
Section
11
(
b
)
(
i
)
through
(
iv
)
.