Additional Directors. Subject to the rights of holders of any series of Preferred Stock, for so long as any Designated Sponsor Fund has the right to designate at least one (1) director under this Agreement, without the consent of each Designated Sponsor Fund, the Company will take all Necessary Action to ensure that the number of directors serving on the Board shall not exceed eleven (11); provided, that the number of directors may be increased if necessary to satisfy the requirements of applicable laws and stock exchange regulations.
Appears in 3 contracts
Samples: Stockholders Agreement (Sotera Health Co), Stockholders Agreement (Sotera Health Co), Stockholder Agreement (Sotera Health Co)
Additional Directors. Subject to the rights of holders of any series of Preferred Stock, for so long as any Designated Sponsor Fund has the right to designate at least one (1) director under this Agreement, without the consent of each Designated Sponsor Fund, the Company will take all Necessary Action to ensure that the number of directors serving on the Board shall not exceed eleven ten (1110); provided, that the number of directors may be increased if necessary to satisfy the requirements of applicable laws and stock exchange regulations.
Appears in 2 contracts
Samples: Shareholder Agreement (Endurance International Group Holdings, Inc.), Stockholders Agreement (Endurance International Group Holdings, Inc.)
Additional Directors. Subject to the rights of holders of any series of Preferred Stock, for so long as any Designated Sponsor Fund has the right to designate at least one one
(1) director under this Agreement, without the consent of each Designated Sponsor Fund, the Company will take all Necessary Action to ensure that the number of directors serving on the Board shall not exceed eleven ten (1110); provided, that the number of directors may be increased if necessary to satisfy the requirements of applicable laws and stock exchange regulations.
Appears in 1 contract
Samples: Stockholders Agreement
