COMPOSITION OF COMMITTEES OF THE BOARD OF DIRECTORS. The Restricted Stockholders shall use their reasonable best efforts to have the Compensation and Stock Option Committee of the Board of Directors of the Company consist of four persons as follows: (i) Roger Penske and one (1) additional PCP Director. (ii) Two (2) Independent Directors.
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Samples: Stockholders Agreement (United Auto Group Inc), Stockholders Agreement (United Auto Group Inc)
COMPOSITION OF COMMITTEES OF THE BOARD OF DIRECTORS. The Restricted Stockholders shall use their reasonable best efforts to have the Compensation and Stock Option Committee of the Board of Directors of the Company consist of four persons as follows:
(i) Roger Penske and one (1) additional PCP Director.
(ii) Two Xxx (20) Independent Xxxependent Directors.
Appears in 1 contract
Samples: Stockholders Agreement (Penske Capital Partners LLC)
COMPOSITION OF COMMITTEES OF THE BOARD OF DIRECTORS. The Restricted Stockholders shall use their reasonable best efforts to have the Compensation and Stock Option Committee of the Board of Directors of the Company consist of four persons as follows:
(i) Roger Penske and Rogex Xxxxxx xxx one (1) additional PCP Director.
(ii) Two (2) Independent Directors.
Appears in 1 contract
