Company Support. At all times prior to the Designation Rights Termination Date, the Company shall support the nominations of the persons designated by the Holders pursuant to Section 2(a), and the Company shall use its best efforts to cause the Board (and the Company’s nominating committee, if any) to recommend the inclusion of such persons in the slate of nominees recommended to stockholders for election as directors at each annual meeting of stockholders of the Company.
Appears in 2 contracts
Samples: Stock Purchase Agreement (Allis Chalmers Energy Inc.), Investors Rights Agreement (Allis Chalmers Energy Inc.)
Company Support. At all times prior to the Designation Rights Termination Date, the Company shall support the nominations of the persons designated by the Holders of a majority of the Shares pursuant to Section 2(a), and the Company shall use its best efforts to cause the Board (and the Company’s nominating committee, if any) to recommend the inclusion of such persons in the slate of nominees recommended to stockholders for election as directors at each annual meeting of stockholders of the Company.
Appears in 2 contracts
Samples: Investor Rights Agreement (Allis Chalmers Energy Inc.), Asset Purchase Agreement (Allis Chalmers Energy Inc.)
