Common use of Additional Unaffiliated Directors Clause in Contracts

Additional Unaffiliated Directors. For so long as TPG has the right to designate at least one (1) director for nomination under this Agreement, the Company will take all Necessary Action to ensure that the number of directors serving on the Board shall not exceed nine (9); provided, that the number of directors may be increased if necessary to satisfy the requirements of applicable laws and stock exchange regulations.

Appears in 6 contracts

Samples: Stockholders Agreement (e.l.f. Beauty, Inc.), Stockholders Agreement (e.l.f. Beauty, Inc.), Stockholders Agreement (e.l.f. Beauty, Inc.)

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Additional Unaffiliated Directors. For so long as TPG has the right to designate at least one (1) director for nomination under this Agreement, the Company will take all Necessary Action to ensure that the number of directors serving on the Board shall not exceed nine eleven (911); provided, that the number of directors may be increased if necessary to satisfy the requirements of applicable laws and stock exchange regulationsrequirements.

Appears in 1 contract

Samples: Stockholders Agreement (Surgical Care Affiliates, Inc.)

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