Composition of Initial Board. As of the Closing, the Board of Directors shall be comprised of seven (7) directors, the following five (5) of whom shall be deemed to have been designated by the LGP Stockholders (each, a “LGP Director”): Xxxx Xxxxxxxx, Xxxxxxx Xxxx, Xxxx Xxxxx, Xxxxxxxx Xxxxxxxx and Xxxx Xxxx. The foregoing directors shall be divided into three classes of directors, each of whose members shall serve for staggered three-year terms as follows:
Composition of Initial Board. As of the Closing, the Board of Directors shall be comprised of ten (10) directors, (i) the following three (3) of whom shall be deemed to have been designated by the CVC Stockholder (each, a “CVC Director”): Xxxxxxxxxxx X. Xxxxxxx, Xxxxxxx Xxxxxxxx and Xxxx Xxxxx; and (ii) the following three (3) of whom shall be deemed to have been designated by the LGP Stockholders (each, a “LGP Director”): Xxxxxxxx X. Xxxxxxx, J. Xxxxxxxxx Xxxxxxxx and Xxxxx Xxx. The foregoing directors shall be divided into three classes of directors, each of whose members shall serve for staggered three-year terms as follows:
Composition of Initial Board. As of the Effective Date, the Board of Directors shall be comprised of nine Directors, (i) three of whom shall be deemed to have been designated by the Essex Stockholders (the “Essex Directors”), (ii) two of whom shall be deemed to have been designated by the S+N Stockholders (each, a “S+N Director”), (iii) one of whom shall be the Company’s Chief Executive Officer and (iv) three of whom shall meet the requirements for an “independent director” under the rules applicable to The Nasdaq Global Market exchange and be deemed to have been designated by the Board of Directors (the “Independent Directors”). The initial Chairperson of the Board of Directors shall be Xxxxxxx X. Xxxxxxx III. The foregoing directors shall be divided into three classes of directors, each of whose members shall serve for staggered three-year terms as follows:
Composition of Initial Board. As of the Effective Date, the Board of Directors shall be comprised of four Directors. The initial Directors shall be Xxxxxxx X. Xxxxxx, Xxxxx X. Xxxxxxxx, Xxxx X.
Composition of Initial Board. Prior to Closing, the Company and the Stockholders shall take all Necessary Action within their control to cause the Board to be comprised of seven (7) directors, (i) two (2) of whom shall be designated by TPG (each, a “TPG Director”); (ii) one (1) of whom shall be designated by Intel (an “Intel Director”), (iii) one (1) of whom shall be the Chief Executive Officer; and (iv) three (3) of whom shall be individuals designated by TPG, each of whom must qualify as an Independent Director of the Company (each, a “TPG Unaffiliated Director”). Further, subject to Section 3.1(b) and (c), each of TPG and Intel shall have the right to designate one additional TPG Director and Intel Director, respectively, and the Company and the Stockholders shall take all Necessary Action within their control to cause such director designees to be elected to the Board. The foregoing directors shall be divided into three (3) classes of directors, each of whose members shall serve for staggered three-year terms as follows:
Composition of Initial Board. Prior to the Closing, the Sponsors shall take all Necessary Action to cause: (i) the Board, as of immediately following the Closing, to comprise the following nine (9) directors: Xxxxx X. Xxxxx, Xxxxxxxxx Xxxxxx, Xxxxx Xxxx, Xxxxx X. Xxxxxxx, Xxxxxxxxxxx X. Xxxxx, Xxxx X. Xxxxxxxxxx, Xxxxxxx X. Xxxxxx, Xx., Xxx X. Xxxx, and Xxxxxxx X. Xxxxxxxx and (ii) the Chairman of the Board, as of immediately following the Closing, to be Xxxxxxx X. Xxxxxx, Xx.
Composition of Initial Board. Prior to the Closing, the Parties shall take all Necessary Action to cause: (i) the Board, as of immediately following the Closing, to be comprised of the following nine (9) directors: Xxxx Xxxxxxxxxxxx, Xxxxx X. Xxxxx, Xxxxxx X. Xxxxxxx, Xxxxxxxx X. Xxxxx, Xxxxxx X. XxXxxxxx, Xxxx Xxxxxxxx, Xxxxxx Xxxxx, Xxxxxxx Xxxxxxx and Xxxxx X. Xxxxxxx and (ii) the Chairman of the Board, as of immediately following the Closing, to be Xxxxx X.
Composition of Initial Board. (a) The Corporation and each Stockholder shall take all reasonable actions within their respective control (including voting or causing to be voted all of the Voting Securities held of record by such Stockholder or beneficially owned by such Stockholder by virtue of having voting power over such Voting Securities, and, with respect to the Corporation, as provided in Section 4.2(b), Section 4.2(c) and Section
Composition of Initial Board. As of the Effective Date, the Board of Directors is comprised of Xxxxx Xxxx, Xxxxxxx Xxxxx, Xxxx Xxxxxxxxx, Xxxxx Xxxx, Xxxxx Xxxxxxxxxxx, Xxxxxx Xxxx, Xxxx Xxxxxxxxxxx, Xxxxxxx XxXxxx, Xxxxxx Xxxxxxxx, Xxxx Xxxxxxx and Xxxxxx Xxxxx. The Directors are divided into three classes of directors, each of whose members serve for staggered terms (commencing from the Original Agreement Effective Date) as follows:
Composition of Initial Board. As of the Effective Date, the Board of Directors shall be comprised of 10 Directors. The initial Directors shall be as set forth below and divided into three classes of directors, each of whose members shall serve for staggered three-year terms as follows:
