Common use of Composition of Initial Board Clause in Contracts

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: (i) the class I directors shall initially include one (1) CVC Director and one (1) LGP Director; (ii) the class II directors shall initially include two (2) CVC Directors and two (2) LGP Directors; and (iii) the class III directors shall initially include no CVC Directors and no LGP Directors. The initial term of the class I directors shall expire immediately following the Company’s 2019 annual meeting of stockholders at which directors are elected. The initial term of the class II directors shall expire immediately following the Company’s 2020 annual meeting of stockholders at which directors are elected. The initial term of the class III directors shall expire immediately following the Company’s 2021 annual meeting at which directors are elected.

Composition of Initial Board. As of the ClosingEffective Date, the Board of Directors shall be comprised of ten seven (107) directors, (i) the following three five (35) of whom shall be deemed to have been designated by the CVC Stockholder Xxxxx Stockholders (each, a “CVC Xxxxx Director”): Xxxxxxxxxxx X. Xxxxxxx), Xxxxxxx Xxxxxxxx and Xxxx Xxxxx; and (ii) the following three one (31) of whom shall be deemed to have been designated by the LGP Stockholders (each, a the “LGP Director”): Xxxxxxxx X. Xxxxxxx, J. Xxxxxxxxx Xxxxxxxx ) and Xxxxx Xxx(iii) one (1) of whom shall be deemed to have been designated by the SEG Stockholders (the “SEG Director”). The foregoing directors shall be divided into three classes of directors, each of whose members shall serve for staggered three-year terms as follows: (i) the class I directors shall initially include one two (12) CVC Director Xxxxx Directors and one (1) LGP SEG Director; (ii) the class II directors shall initially include two one (21) CVC Directors Xxxxx Director and two one (21) LGP DirectorsDirector; and (iii) the class III directors shall initially include no CVC Directors and no LGP two (2) Xxxxx Directors. The initial term of the class I directors shall expire immediately following the Company’s 2019 2016 annual meeting of stockholders at which directors are elected. The initial term of the class II directors shall expire immediately following the Company’s 2020 2017 annual meeting of stockholders at which directors are elected. The initial term of the class III directors shall expire immediately following the Company’s 2021 2018 annual meeting at which directors are elected.

Composition of Initial Board. As of the Closing, the Board of Directors shall be comprised of ten seven (107) directors, (i) the following three five (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 (35) of whom shall be deemed to have been designated by the LGP Stockholders (each, a “LGP Director”): Xxxx Xxxxxxxx, Xxxxxxx Xxxx, Xxxx Xxxxx, Xxxxxxxx X. Xxxxxxx, J. Xxxxxxxxx Xxxxxxxx and Xxxxx XxxXxxx 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: (i) the class I directors shall initially include one (1) CVC Director Xxxx Xxxxxxxx and one (1) LGP DirectorXxxxxxx Xxxx; (ii) the class II directors shall initially include two (2) CVC Directors and two (2) LGP DirectorsXxxx Xxxxx; and (iii) the class III directors shall initially include no CVC Directors Xxxx Xxxx and no LGP DirectorsXxxxxxxx Xxxxxxxx. The initial term of the class I directors shall expire immediately following the Company’s 2019 2022 annual meeting of stockholders at which directors are elected. The initial term of the class II directors shall expire immediately following the Company’s 2020 2023 annual meeting of stockholders at which directors are elected. The initial term of the class III directors shall expire immediately following the Company’s 2021 2024 annual meeting at which directors are elected.

Composition of Initial Board. As of the Closing, the Board of Directors shall be comprised of ten eight (10) 8) directors, (i) the following three four (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 (34) of whom shall be deemed to have been designated by the LGP Stockholders (each, a “LGP Director”): Xxxxxxxx X. XxxxxxxXxxxxxx Xxxx, J. Xxxxxxxxx Xxxxxxxx, Xxxxxxxx Xxxxxxx, and Xxxxx XxxXxxx Xxxxxxx. The foregoing directors shall be divided into three classes of directors, each of whose members shall serve for staggered three-year terms as follows: (i) the class I directors shall initially include one (1) CVC Director Xxxx Xxx, Xxxxxxxx Xxxxxxx and one (1) LGP DirectorXxxx Xxxxxxx; (ii) the class II directors shall initially include two (2) CVC Directors J. Xxxxxxxxx Xxxxxxxx and two (2) LGP DirectorsXxxxxxx Xxxx; and (iii) the class III directors shall initially include no CVC Directors Xxxxxx Xxxxxx, Xxxxx Xxxxxxxx and no LGP DirectorsXxxx Xxxxxx. The initial term of the class I directors shall expire immediately following the Company’s 2019 2022 annual meeting of stockholders at which directors are elected. The initial term of the class II directors shall expire immediately following the Company’s 2020 2023 annual meeting of stockholders at which directors are elected. The initial term of the class III directors shall expire immediately following the Company’s 2021 2024 annual meeting at which directors are elected.

Composition of Initial Board. As of the ClosingEffective Date, the Board of Directors shall be is 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. XxxxxxxXxxxx Xxxx, Xxxxxxx Xxxxxxxx Xxxxx, Xxxx Xxxxxxxxx, Xxxxx Xxxx, Xxxxx Xxxxxxxxxxx, Xxxxxx Xxxx, Xxxx Xxxxxxxxxxx, Xxxxxxx XxXxxx, Xxxxxx Xxxxxxxx, Xxxx Xxxxxxx and Xxxx Xxxxxx 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 Directors are divided into three classes of directors, each of whose members shall serve for staggered three-year terms (commencing from the Original Agreement Effective Date) as follows: (i) the class Class I directors shall initially include one (1) CVC Director Xxxxx Xxxx, Xxxxxx Xxxxx and one (1) LGP DirectorXxxxxxx Xxxxx; (ii) the class Class II directors shall initially include two (2) CVC Directors Xxxx Xxxxxxxxx, Xxxxxx Xxxx, Xxxxxxx XxXxxx, and two (2) LGP DirectorsXxxxxx Xxxxxxxx; and (iii) the class Class III directors shall initially include no CVC Directors and no LGP DirectorsXxxxx Xxxx, Xxxxx Xxxxxxxxxxx, Xxxx Xxxxxxx. The initial term of the class Class I directors shall expire immediately following at the Company’s 2019 first annual meeting of stockholders at which for the election of directors are elected. The following the closing of the Company’s initial public offering; the initial term of the class Class II directors shall expire immediately following at the Company’s 2020 second annual meeting of stockholders at which for the election of directors are elected. The following the closing of the Company’s initial public offering; and the initial term of the class Class III directors shall expire immediately following at the Company’s 2021 third annual meeting at which for the election of directors are electedfollowing the closing of the Company’s initial public offering. Following the initial term, each Class I director, Class II director and Class III director shall have a three- year term.

Composition of Initial Board. As of the Closing, the Board of Directors shall be comprised of ten six (106) directors, (i) the following three four (34) 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 Xxxxxxx Director”): Xxxxxxxx X. Xxxx Xxxxxxx, J. Xxxxxxxxx Xxxxxxx Xxxxxxx, Xxxxxx Xxxxxxxx, and Xxxxxxxx and Xxxxx XxxXxxxxx. The foregoing directors shall be divided into three classes of directors, each of whose members shall serve for staggered three-year terms as follows: (i) the class I directors shall initially include one (1) CVC Director Xxxx Xxxxxxx and one (1) LGP DirectorXxxxxxx Xxxxxxx; (ii) the class II directors shall initially include two (2) CVC Directors Xxxxxxxx Xxxxxxx and two (2) LGP DirectorsXxx Xxx; and (iii) the class III directors shall initially include no CVC Directors Xxxxxx Xxxxxxxx and no LGP DirectorsXxxxxxxx Xxxxxx. The initial term of the class I directors shall expire immediately following upon the Company’s 2019 first annual meeting of stockholders at which directors are elected. The initial term of the class II directors shall expire immediately following upon the Company’s 2020 second annual meeting of stockholders at which directors are elected. The initial term of the class III directors shall expire immediately following upon the Company’s 2021 third annual meeting at which directors are elected.

Composition of Initial Board. As of the ClosingEffective Date, the Board of Directors shall be comprised of ten (10) directors, (i) the following three (3) of whom 10 Directors. The initial Directors shall be deemed to have been designated by the CVC Stockholder (each, a “CVC Director”): Xxxxxxxxxxx X. Xxxxxxx, Xxxxxxx Xxxxxxxx as set forth below 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: (i) the class Class I directors shall initially include one (1) CVC Director and one (1) LGP DirectorXxxxx Xxxx, Xxxxxx Xxxxx, Xxxx Xxxxxxxxxxx; (ii) the class Class II directors shall initially include two (2) CVC Directors and two (2) LGP DirectorsXxxx Xxxxxxxxx, Xxxxxx Xxxx, Xxxxxxx XxXxxx, Xxxxxx Xxxxxxxx; and (iii) the class Class III directors shall initially include no CVC Directors and no LGP DirectorsXxxxx Xxxx, Xxxxx Xxxxxxxxxxx, Xxxx Xxxxxxx. The initial term of the class Class I directors shall expire immediately following at the Company’s 2019 first annual meeting of stockholders at which for the election of directors are elected. The following the Closing; the initial term of the class Class II directors shall expire immediately following at the Company’s 2020 second annual meeting of stockholders at which for the election of directors are elected. The following the Closing; and the initial term of the class Class III directors shall expire immediately following at the Company’s 2021 third annual meeting at which for the election of directors are electedfollowing the Closing.

Composition of Initial Board. As of the Closing, the Board of Directors shall be comprised of ten seven (107) directors, (i) the following three four (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 (34) of whom shall be deemed to have been designated by the LGP Stockholders (each, a “LGP Director”): Xxxxxxxx X. XxxxxxxXxxxxxx Xxxx, J. Xxxxxxxxx Xxxxxxxx, Xxxxxxxx Xxxxxxx, and Xxxxx XxxXxxx Xxxxxxx. The foregoing directors shall be divided into three classes of directors, each of whose members shall serve for staggered three-year terms as follows: (i) the class I directors shall initially include one (1) CVC Director Xxxx Xxx, Xxxxxxxx Xxxxxxx and one (1) LGP DirectorXxxx Xxxxxxx; (ii) the class II directors shall initially include two (2) CVC Directors J. Xxxxxxxxx Xxxxxxxx and two (2) LGP DirectorsXxxxxxx Xxxx; and (iii) the class III directors shall initially include no CVC Directors Xxxxxx Xxxxxx and no LGP DirectorsXxxxx Xxxxxxxx. The initial term of the class I directors shall expire immediately following the Company’s 2019 2022 annual meeting of stockholders at which directors are elected. The initial term of the class II directors shall expire immediately following the Company’s 2020 2023 annual meeting of stockholders at which directors are elected. The initial term of the class III directors shall expire immediately following the Company’s 2021 2024 annual meeting at which directors are elected.