Class B Committee definition

Class B Committee has the meaning set forth in the Stockholders’ Agreement.
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Class B Committee means the committee selected by the terms of this Agreement to, among other things, make decisions with respect to the matters set forth herein.
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Class B Committee means the Class B Committee selected pursuant to the Stockholders Agreement.
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Examples of Class B Committee in a sentence

  • The Reporting Persons constitute the current members of the Class B Committee.

  • The foregoing persons are referred to collectively as the “Reporting Persons.” Each of the Reporting Persons is filing in his capacity as a member of the Class B Committee.

  • As a result of the arrangement set forth in the Stockholders Agreement, the Class B Committee are expected to control the outcome of matters submitted to the Issuer’s stockholders until a Sunset has occurred.

  • The foregoing persons are referred to collectively as the “Reporting Persons.” Each of the Reporting Persons is filing in his capacity as a member of the Class B Committee.

  • As described more fully below, pursuant to the Stockholders Agreement, the members of the Class B Committee have the right to direct the voting of certain shares of Class A Common Stock and Class B common stock, par value $0.001 per share (the “Class B Common Stock”), of the Issuer.

  • The Class B Committee shall have the exclusive right to request, by delivery of notice to the Board of Directors, the removal of any Board Designee from the Board of Directors (whether for or without cause).

  • Unless otherwise stated in this Agreement, any action to be taken, approved or adopted by the Class B Committee shall be deemed taken upon the affirmative vote of a Committee Majority (which vote may occur at a meeting or in writing).

  • No additional action shall be required by this Agreement to effect such appointment, but if any Necessary Action is otherwise required to effect such appointment, then the Class B Committee or the Class B Holders, as applicable, shall take promptly all such Necessary Action.

  • The Class B Committee may appoint one or more Secretaries from time to time and may remove any such Secretary at any time (whether for or without cause).

  • The Class B Committee may determine from time to time the number of members constituting the Class B Committee.

Related to Class B Committee

  • Audit Committee means the audit committee of the board of directors of the Company established pursuant to the Articles, or any successor committee.

  • Advisory Committee means the Employer's Advisory Committee as from time to time constituted.

  • Executive Committee means a group of directors elected or appointed to act on behalf of, and within the powers granted to them by, the Commission.

  • Class B Common Stock means the Class B common stock, par value $0.0001 per share, of the Company.