Eligible Investor Shares. For the purpose of determining the number of Directors each Investor shall be entitled to designate for nomination pursuant to this Section 3.1 at a stockholder meeting, the Investor Shares Beneficially Owned by such Investor shall be calculated as of the close of business on the last Trading Day of the month immediately prior to the date on which the Nominating Committee designates the Independent Director nominees for election at the relevant stockholder meeting.
Appears in 5 contracts
Samples: Stockholders Agreement, Stockholders Agreement (CIFC Corp.), Asset Purchase Agreement (CIFC Corp.)