Approval and Consent Rights. (a) Until the 25% Date (or such earlier date as BNPP shall determine), the Company shall not (either directly or indirectly through a Subsidiary, or through one or a series of related transactions) take any of the following actions without the approval of a majority of the BNPP Directors on the Board of Directors (or, if no BNPP Directors remain on the Board of Directors, a BNPP Authorized Person) at the time of such action:
Appears in 4 contracts
Samples: Stockholder Agreement, Stockholder Agreement (First Hawaiian, Inc.), Stockholder Agreement (First Hawaiian, Inc.)