Designation of Director Sample Clauses

Designation of Director. Designate a Program Director to serve as the person or persons responsible for the implementation of this Agreement and for the overall supervision of the Resident.
AutoNDA by SimpleDocs
Designation of Director. The Hospital shall designate a director (“Program Director”) responsible for the implementation of this Agreement and for the overall supervision of Resident.
Designation of Director. The Stockholders agree to vote all of the Company’s Common Stock, Preferred Stock and any other voting securities of the Company now owned or hereafter acquired or controlled by them, and otherwise use their respective best efforts as stockholders or directors of the Company, to cause and maintain the election to the Board of Directors of the Chief Executive Officer of the Company. The remaining directors shall be elected by the stockholders of the Company pursuant to the provisions of the Amended and Restated Certificate of Incorporation and Bylaws of the Company.
Designation of Director. 2.1 On the Closing Date, Xxxxx Xxx (the “Designated Director”) shall be added to the Board to fill an existing vacancy on the Board. To the extent that the Designated Director is not appointed to the Board on the Closing Date, the Board shall promptly thereafter (and in any event within five (5) Business Days of the Closing Date) fill an existing vacancy on the Board with the Designated Director and if no such vacancy exists, the Board shall be expanded by one (1) director to create a vacancy, which shall be filled with the Designated Director.
Designation of Director. Concurrently with the Closing, the Board of Directors of EXCO shall, if there is not a vacancy on the Board of Directors at that time, take action to increase the size of the Board of Directors by one, and shall elect Xxxxxx as a member of the Board of Directors; provided that Xxxxxx is living and physically and mentally capable of performing the duties that accompany the office of Director.
Designation of Director. (i) The Investor Holders, collectively, shall be entitled to designate one Director to the Board upon the terms and subject to the conditions of this Section 3.3(a) and the second sentence of Section 3.3(b).
Designation of Director. The Lxxxxxxxx Financial Group, Inc. will be allowed to nominate one (1) additional person to the Company’s Board of Directors meetings for as long as the Notes remain outstanding. Upon an uncured Event of Default, The Lxxxxxxxx Financial Group, Inc., by its consent, shall have the right to nominate or replace directors such that control of the Board of Directors is achieved.
AutoNDA by SimpleDocs
Designation of Director. (a) From and after the Closing, the Stockholders Agent shall have the right to designate one Person of the Stockholders Agent's choice for appointment or nomination for election to Mariner's Board of Directors and, subject to the appointment or election of such Person in accordance with Mariner's certificate of incorporation and bylaws, to serve until his successor (designated by the Stockholders Agent) is duly appointed or elected. The Stockholders Agent shall not designate a Person to be appointed or nominated for election to Mariner's Board of Directors who is not reasonably acceptable to Mariner. At any time a Person who was a designee of the Stockholders Agent at the time of his appointment or election to Mariner's Board of Directors remains a member of Mariner's Board of Directors, the Stockholders Agent shall not have the right to designate another Person to be appointed or nominated for election to Mariner's Board of Directors.
Designation of Director. The Parties shall take all actions necessary to provide that as of immediately following the Closing, the Parent Board shall have appointed one (1) individual who serves on the Company Board as of the date of this Agreement and who, as of the date of this Agreement, qualifies as an “independent director” as defined in Section 303A.02 of the NYSE Listed Company Manual, that is designated by the Company and reasonably acceptable to the Nominating and Corporate Governance Committee of the Parent Board to serve on the Parent Board.
Designation of Director. Pursuant to this Agreement and each of the Stock Purchase Agreements dated as of the date hereof by and among Motient, Merger Sub and each of Columbia Capital Equity Partners III (QP), L.P., Columbia Capital Equity Partners III (AI), L.P., Columbia Capital Equity Partners III (CAYMAN), L.P., Columbia Capital Investors III, LLC, Columbia Capital Employee Investors III, L.L.C., Spectrum Equity Investors IV, L.P., Spectrum IV Investment Managers' Fund, L.P. and Spectrum Equity Investors Parallel IV, L.P. (collectively, the "Stock Purchase Agreements"), the members of the Telcom Investor Group, the Spectrum Investor Group and the Columbia Investor Group (as such terms are defined in the MSV Stockholders' Agreement are transferring to Motient or affiliates of Motient more than five percent (5%) Percentage Interests (as such term is defined in the MSV Stockholders' Agreement), and in connection herewith and therewith, hereby expressly transfer to Motient such Investor Group's right to designate one director of MSV GP pursuant to Section 2(b)(i) of the MSV Stockholders' Agreement, which director shall be designated by Motient as transferee of such Investor Groups.
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!