Election Not to Exercise Designation Rights. Notwithstanding anything in Section 10 to the contrary, this Section 10 confers upon Gulfport the right, but not the obligation, to designate the Gulfport Director, and Gulfport may, at its option, elect not to exercise any such right to designate the Gulfport Director.
Appears in 4 contracts
Samples: Investor Rights Agreement (Diamondback Energy, Inc.), Investor Rights Agreement (Gulfport Energy Corp), Investor Rights Agreement (Diamondback Energy, Inc.)
Election Not to Exercise Designation Rights. Notwithstanding anything in this Section 10 9 to the contrary, this Section 10 9 confers upon Gulfport the right, but not the obligation, to designate the Gulfport Director, and Gulfport may, at its option, elect not to exercise any such right to designate the Gulfport Director.
Appears in 4 contracts
Samples: Investor Rights Agreement (Mammoth Energy Services, Inc.), Investor Rights Agreement (Mammoth Energy Services, Inc.), Investor Rights Agreement (Mammoth Energy Services, Inc.)
