Chalone Designee Clause Samples

Chalone Designee. Chalone shall continue, for so long as it holds at least one share of DBR stock and for so long as at least one designee of DBR is a member of Chalone's Board of Directors, to have the right to designate one nominee, reasonably acceptable to DBR, to serve on the DBR Conseil de Surviellance; and DBR agrees, subject to any limitations imposed as a matter of law or fiduciary responsibility, to use its best efforts to see that said designee is elected to said Conseil de Surviellance. As of the date of this Agreement, such Chalone designee is Chalone's President, W. ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇.