SUSPENSION OF RIGHT TO DESIGNATE DIRECTORS. Notwithstanding anything to the contrary contained in this Agreement, the right of the PCP Entities or Trace to designate directors of the Company shall be suspended at such time as either:
Appears in 5 contracts
Samples: Stockholders Agreement (Charlesbank Capital Partners LLC), Stockholders Agreement (Trace International Holdings Inc), Stockholders Agreement (Penske Capital Partners LLC)
SUSPENSION OF RIGHT TO DESIGNATE DIRECTORS. Notwithstanding anything to the contrary contained in this Agreement, the right of the PCP Entities or Trace Mitsui, as the case may be, to designate directors of the Company shall be suspended at such time as eitherfollows:
Appears in 4 contracts
Samples: Stockholders Agreement (United Auto Group Inc), Stockholders Agreement (United Auto Group Inc), Stockholders Agreement (Penske Capital Partners LLC)
