Examples of Blackstone Designee in a sentence
The Company is entitled to identify such individual as a Blackstone Designee, a Summit Designee or a Xxxxxxxx Designee, as applicable, pursuant to this Agreement.
The Company is entitled to identify such individual as a Blackstone Designee pursuant to this Stockholders Agreement.
For so long as that certain Stockholders Agreement, dated as of , 2013 (the “Stockholders Agreement”), by and among the Corporation and the other parties thereto, remains in effect, a special meeting of stockholders shall be called by the secretary for the purpose of removing a Blackstone Designee (as defined in the Stockholders Agreement) upon the written request of the Blackstone Designator (as defined in the Stockholders Agreement), delivered in accordance with the Stockholders Agreement.
For so long as the Stockholders Agreement remains in effect, a special meeting of stockholders shall be called by the secretary of the Corporation for the purpose of removing a Blackstone Designee upon the written request of the Blackstone Designator, delivered in accordance with the Stockholders Agreement.
Notwithstanding anything herein to the contrary, Blackstone Seller may at any time, upon delivery of written notice to CMI, forfeit its right to have the Blackstone Designee be required to be a member of the Board of Directors.
The Blackstone Designee shall be entitled to the same compensation, if any, and same indemnification in connection with his or her role as a director as the other members of the Board of Directors, and the Blackstone Designee shall be entitled to reimbursement for documented, reasonable out-of-pocket expenses incurred in attending meetings of the Board of Directors or any committees thereof, to the same extent as the other members of the Board of Directors.
For each of the next three successive annual meetings of stockholders of CMI, CMI shall, in accordance with its Organizational Documents, nominate the Blackstone Designee for election to its Board of Directors, until such time that Blackstone Seller (together with its Affiliates) ceases to beneficially own CMI Common Stock representing at least one-half of the aggregate amount of Stock Consideration the Blackstone Seller receives at Closing.
CMI shall provide the Blackstone Designee with copies of all notices, minutes, consents and other materials provided to all other members of the Board of Directors concurrently as such materials are provided to the other members.
Such officers and directors (which, for the avoidance of doubt, does not refer to any Blackstone Designee and/or H&F Designee) will be subject to reasonable and customary separate indemnification in such capacity through the certificate of incorporation, by-laws and other instruments.
The Company is entitled to identify such individual as a Blackstone Designee, a Summit Designee or a Pxxxxxxx Designee, as applicable, pursuant to this Agreement.