Board Nominees. During the Term of this Agreement and for so long as the Investor Group holds a Minimum Interest, the Investor Group may recommend to the Company's nominating committee and the Company's nominating committee shall recommend to the Board, the number of Investor Group Designees determined in the manner described below. Such Investor Group Designees shall be included in the slate of nominees recommended by the Board to the stockholders for election as directors at each annual meeting of stockholders for which an election is held for such class of directors.
Appears in 5 contracts
Samples: Stockholder Agreement (Ivillage Inc), Securities Purchase Agreement (Ivillage Inc), Stockholder Agreement (Hearst Communications Inc)
Board Nominees. During the Term of this Agreement and for so long as the Investor Group holds a Minimum Interest, the Investor Group may recommend to the Company's nominating committee and the Company's nominating committee shall recommend to the BoardCompany's Board of Directors, the number of Investor Group Designees determined in the manner described below. Such Investor Group Designees shall be included in the slate of nominees recommended by the Board to the stockholders for election as directors at each annual meeting of stockholders for which an election is held for such class of directors.
Appears in 3 contracts
Samples: Securities Purchase Agreement (Hearst Communications Inc), Securities Purchase Agreement (Ivillage Inc), Securities Purchase Agreement (Hearst Communications Inc)
