Common use of Board of Directors; Number and Composition Clause in Contracts

Board of Directors; Number and Composition. (a) The Company shall take all actions reasonably necessary to cause the nomination to the Board of Directors of one (1) individual designated by the General Atlantic Stockholders but only if the General Atlantic Stockholders are not entitled to elect one director of the Company by virtue of their rights as the holders of a majority of the shares of Series D Preferred Stock (the "General Atlantic Director").

Appears in 4 contracts

Samples: Stockholders Agreement (Critical Path Inc), Stockholders Agreement (Critical Path Inc), Stockholders Agreement (Vectis Cp Holdings LLC)

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Board of Directors; Number and Composition. (a) The Company shall take all actions reasonably necessary to cause the nomination to the Board of Directors of one (1) individual designated by the General Atlantic Stockholders but only if the General Atlantic Stockholders are not entitled to elect one director of the Company by virtue of their rights as the holders of a majority of the shares of Series D Preferred Stock (the "General Atlantic DirectorGENERAL ATLANTIC DIRECTOR").

Appears in 1 contract

Samples: Stockholders Agreement (General Atlantic Partners LLC)

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Board of Directors; Number and Composition. (a) The Company shall take all actions reasonably necessary to cause the nomination to the Board of Directors of one (1) individual designated by the General Atlantic Stockholders but only if the General Atlantic Stockholders are not entitled to elect one director of the Company by virtue of their rights as the holders of a majority of the shares of Series D Preferred Stock (the "General Atlantic Director").. -------------------------

Appears in 1 contract

Samples: Stockholders Agreement (Critical Path Inc)

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