Stockholder Nominees. (a) The Stockholders shall initially have the right to designate three (3) individuals to be nominated as Directors (the “Stockholder Nominees” and each, a “Stockholder Nominee”), and the total number of Stockholder Nominees that the Stockholders are entitled to so designate shall be subsequently adjusted from time to time pursuant to Section 2.1(b). Notwithstanding anything in this Agreement to the contrary, and without limiting the generality of Section 2.1(c), each designee of the Stockholders to be nominated as Directors must be an Eligible Designee.
Stockholder Nominees. Nominations by stockholders of persons for election to the Board shall be made only in accordance with the procedures set forth in the Bylaws of the Corporation.
Stockholder Nominees. Until the Right Termination Time: --------------------
Stockholder Nominees. (a) From and after the Closing Date until the first date on which the Stockholders, together with their Affiliates, cease to Beneficially Own, in the aggregate, at least 5.0% of the issued and outstanding Common Stock calculated on a fully diluted basis, IKAV shall have the option and right (but not the obligation) to designate for nomination to the Board one Stockholder Nominee.
Stockholder Nominees. (a) From and after the Closing Date until the first date on which the Stockholder, together with its Affiliates, ceases to Beneficially Own, in the aggregate, at least 5.0% of the issued and outstanding Common Stock calculated on a fully diluted basis, the Stockholder shall have the option and right (but not the obligation) to designate for nomination to the Board one Stockholder Nominee.
Stockholder Nominees
