Board Nominee definition

Board Nominee means a designee of the Winfield Group reasonably acceptable to the Board.

Board Nominee has the meaning set forth in Section 1.1(a).

Board Nominee shall have the meaning set forth in Section 2.5.2(ii).

Examples of Board Nominee in a sentence

• Until such time that the Board Nominees become members of the board of directors of the Purchaser, each Board Nominee shall be entitled to serve as an observer to the board of directors of the Purchaser (each, an “Observer”).

• This Power of Attorney is granted to the Remaining Founder or in the event each other Founder has suffered a Triggering Event the Board Nominee, as the case may be, and, being coupled with an interest, shall not be revocable by the Founder for any reason prior to the termination of the Restricted Rights Agreement.

• The UMG will comprise 1 Board Nominee (usually the GM), the UM and 1 nomination from the NMCUA.

• T he Board Nominee shall have been appointed as a d irector of Petrus AcquisitionCo effective as of the Effective Date.

• The undersigned acknowledges and agrees that this Proxy will be held by the Corporation in escrow to be released upon a Triggering Event in respect of the undersignd at which time it will thereby become effective upon such release and delivery to Remaining Founder or the Board Nominee, as the case may be, in accordance with the terms of the Restricted Rights Agreement.

More Definitions of Board Nominee

Board Nominee means a person nominated by Calpian and Company Founders as a Director of Company and shall include their alternate director duly appointed in accordance with this Agreement;

Board Nominee means a person designated for election to the Board of Directors by the Investor pursuant to the Restructuring Agreement.

Board Nominee means the person proposed by MPA, in its sole discretion, to be nominated as a Director of the Corporation and any replacement therefor.

Board Nominee has the meaning set forth in Section 4.1(a).

Board Nominee means a person nominated by Calpian, Company Founders and Hall as a Director of Company and shall include their alternate director duly appointed in accordance with this Agreement.’ 1.2 The definition of the term “Business” in Clause 1.1 (Definitions) of the SSSA shall be deleted in entirety and shall be replaced with the following: ‘“Business” means the business to undertake manpower support, call centre assistance, providing infrastructure facility as stated in the Memorandum and such other further business as may be mutually agreed to between Calpian, Hall and Company Founders, in writing; 1.3 The definition of the term “Parties” in Clause 1.1 (Definitions) of the SSSA shall be deleted in entirety and shall be replaced with the following: ‘“Parties” mean Company (where the context so permits), Company Founders (collectively as a single party), Calpian and Hall collectively and each severally being referred to as a “Party”. For avoidance of doubt it is hereby clarified that for the purpose of this Agreement, all the Company Founders and their Associates shall be collectively considered as one Party and Calpian and its Associates shall be collectively considered as one Party.’ 1.4 The following sentence shall be added at the end of Clause 7.2 (Permitted Transfers) of the SSSA: ‘Notwithstanding any provision of this Agreement, including Clause 7.3, Hall shall have the right to transfer its Shares, at its discretion and along with all rights granted to it under this Agreement, to any Person not being a competitor of the Company provided however, the transferee shall fulfill all the obligations of Hall (if any) under this Agreement.’ 1.5 The following sentence shall be added at the end of Clause 7.5.1 (Drag Along Rights) of the SSSA: ‘Hall shall be required to transfer its Shares under this Clause only in the event, it receives as consideration at least the value of its total investment. Where Hall transfers its Shares under this Clause, it shall not be required to give Exhibit 10.4 any representation, warranties, indemnities or covenants to the third party purchaser except in relation to the title of its Drag Along Shares or agree to any onerous rights or obligations.’ 1.6 The following sentence shall be added at the end of Clause 7.6.2 (Tag-Along Rights) of the SSSA : ‘Where Hall chooses to exercise its Tag Along Right, Hall shall not be required to give any representation, warranties, indemnities or covenants to the third party purchaser except in relatio...

Board Nominee means the Director nominated by the current Board prior to the TSA Closing Date, and if during such Director’s initial term (the period between the Board Nominee’s appointment after the TSA Closing Date until the third annual general meeting of the Company following the TSA Closing Date) he or she determines to resign, any subsequent designee of the person then serving in such Director’s place during the initial term.”

Board Nominee. At each election of members of RUSA's Board of Directors, a person recommended by Xxxxxx and reasonably acceptable to RUSA shall be nominated for election to RUSA's Board of Directors.