Common use of Size Clause in Contracts

Size. On and after the IPO Date, the Board shall consist of nine Directors; provided, that the Board shall further increase the number of Independent Directors to the extent necessary to comply with applicable law and the Stock Exchange rules (including as contemplated by Section 2.1(d)(ii) below), or as otherwise agreed by the Board, subject to the rights of the Sponsors under Section 3.6(h).

Appears in 3 contracts

Samples: Stockholder Agreement (GoDaddy Inc.), Stockholder Agreement (GoDaddy Inc.), Stockholder Agreement (GoDaddy Inc.)

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Size. On From and after the IPO Date, the Board shall consist of nine eight (8) Directors; provided, that the Board shall further increase the number of Independent Directors to the extent necessary to comply with applicable law and the Stock Listing Exchange rules (including as contemplated by Section 2.1(d)(ii) below2.1(d)(i)), or as otherwise agreed by the Board, subject to the rights of the Sponsors Sponsor Investors under Section 3.6(h2.5(i).

Appears in 3 contracts

Samples: Sponsor Shareholders Agreement (SMART Global Holdings, Inc.), Shareholder Agreement (Silver Lake (Offshore) AIV GP III, Ltd.), Shareholder Agreement (SMART Global Holdings, Inc.)

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Size. On and after the IPO Date, the Board shall consist of nine Directors; provided, that the Board shall further increase the number of Independent Directors to the extent necessary to comply with applicable law Law and the Stock Exchange rules (including NYSE rules. If the number of Directors on the Board is increased pursuant to the proviso of the immediately preceding sentence, then the GA Stockholders and the HF Stockholders shall agree to proportionate increases to the number of Directors that each is entitled to nominate as contemplated by set forth in Section 2.1(d)(ii2.1(b) below), or as otherwise agreed by after giving effect to all such increases to the size of the Board, subject to the rights of the Sponsors under Section 3.6(h).

Appears in 3 contracts

Samples: Stockholders' Agreement (Emdeon Inc.), Stockholders' Agreement (Emdeon Inc.), Stockholders' Agreement (Emdeon Inc.)