Examples of CI Partnerships in a sentence
The initial nominating and governance committee members designated by the CI Partnerships shall be Xxxxxxxxx X.
The Board may increase or decrease the number of Directors, subject to the rights of the CI Partnerships under this Agreement and Applicable Governance Rules.
Xxxxxx (together, the “Initial Non-CI Directors”), neither of whom is a nominee of the CI Partnerships.
The Corporation waives, to the maximum extent permitted by law, the application of the doctrine of corporate opportunity, or any other analogous doctrine, with respect to the Corporation, to any of the CI Partnerships or any CI Distributee Stockholder as described in Article I of the Stockholders Agreement (together with the CI Partnerships, the “CI Persons”) or any directors of the Corporation who are employees of any of the CI Partnerships or their Affiliates.
Each Pre-IPO Stockholder shall vote its Shares or execute proxies or written consents, as the case may be, and shall take all other actions necessary, to ensure that the Company’s Charter (a) facilitates, and does not at any time conflict with, any provision of this Agreement and (b) permits the CI Partnerships (or the CI General Partner, as appropriate) to receive the benefits to which the CI Partnerships (or the CI General Partner, as appropriate) are entitled under this Agreement.
The CI Partnerships shall have the right to designate to the nominating and governance committee such number of Directors (rounded up to the nearest whole number) representing the percentage of Common Stock beneficially owned by the Pre-IPO Stockholders (assuming the exercise or conversion of all outstanding options (whether vested or unvested) and convertible or exchangeable securities held by the Pre-IPO Stockholders).
No Director nominated by the CI Partnerships shall be required to resign or be removed from the Board or any committee thereof as a result of a decrease in the size of the Board or any committee thereof.
The initial Director nominees of the CI Partnerships shall be Xxxxxxxxx X.
The Company will reimburse the CI Partnerships (or the CI General Partner, with respect to any such partnership that has dissolved) for all reasonable out-of-pocket fees and expenses incurred by each in connection with the transactions contemplated by this Agreement and the ongoing monitoring of their investments (or the investments of the CI Distributee Stockholders) in the Company.