Nomination by Managing Shareholder CEO. If a Managing Shareholder is serving as Chief Executive Officer of the Company, such Managing Shareholder shall have the right to nominate his successor for approval pursuant to clause (iv) below so long as (A) he does so while he is serving as Chief Executive Officer of the Company and (B) Reasonable Cause with respect to such Managing Shareholder does not exist at the time of such nomination.
Appears in 3 contracts
Samples: Shareholders Agreement (Trivago N.V.), Shareholders Agreement (Travel B.V.), Shareholders Agreement (Travel B.V.)
Nomination by Managing Shareholder CEO. If a Managing Shareholder is serving as Chief Executive Officer of the Company, such Managing Shareholder shall have the right to nominate his successor for approval pursuant to clause (iv) below so long as (A) he does so while he is serving as Chief Executive Officer of the Company and (B) Reasonable Cause with respect to such Managing Shareholder does not exist at the time of such nomination.. (ii)
Appears in 1 contract
Samples: Shareholders Agreement
