Class I Directors definition

Class I Directors means members of Class I.

Class I Directors. Xxxx Xxxxxxxx, Xxxx Xxxxxxxx, and Xxx Xxxxxxx

Class I Directors shall include: one ORC Director (initially [________]), one Xxxx Director (initially [________]) and one Independent Director (initially [________]);

Examples of Class I Directors in a sentence

• At the first annual meeting of stockholders following the closing of the Initial Public Offering, the term of office of the Class I Directors shall expire and Class I Directors shall be elected for a full term of three years.

• The initial Class I Directors shall serve for a term expiring at the annual meeting of stockholders to be held in 2022, the initial Class II Directors shall serve for a term expiring at the annual meeting of stockholders to be held in 2023, and the initial Class III Directors shall serve for a term expiring at the annual meeting of stockholders to be held in 2024.

• The initial Class I Directors shall serve for a term expiring at the annual meeting of stockholders to be held in 2021, the initial Class II Directors shall serve for a term expiring at the annual meeting of stockholders to be held in 2022, and the initial Class III Directors shall serve for a term expiring at the annual meeting of stockholders to be held in 2023.

• The term of office of the Class I Directors shall continue until the date of the 2023 annual meeting of shareholders and until their successors are elected and qualify.

• The initial number of Class I Directors shall be five (5), the initial number of Class II Directors shall be four (4), and the initial number of Class III Directors shall be four (4).

More Definitions of Class I Directors

Class I Directors shall serve for a term ending on the date of the first annual general meeting of shareholders following the Classifying Date, Directors initially designated as Class II Directors (“Class II Directors”) shall serve for a term ending on the second annual general meeting of shareholders following the Classifying Date, and Directors initially designated as Class III Directors (“Class III Directors”) shall serve for a term ending on the date of the third annual general meeting of shareholders following the Classifying Date. The Investor Designees shall be allocated to the longest duration classes and, unless otherwise agreed by the Blackstone Group and the Warburg Group, the Investor Designees of each Investor Group shall be apportioned equitably within an applicable class as compared to the Investor Designees of the other Investor Group.

Class I Directors. “Class II Directors” and “Class III Directors,” as nearly equal in number as is reasonably possible, with the initial term of office of the Class I Directors to expire at the first annual meeting of stockholders following the time at which the initial classification of the Board becomes effective, the initial term of office of the Class II Directors to expire at the second annual meeting of stockholders following the time at which the initial classification of the Board becomes effective, and the initial term of office of the Class III Directors to expire at the third annual meeting of stockholders following the time at which the initial classification of the Board becomes effective, with each director to hold office until such director’s successor shall have been duly elected and qualified, subject, however, to such director’s earlier death, resignation, disqualification or removal, and the Board shall be authorized to assign members of the Board, other than those directors who may be elected by the holders of any series of Preferred Stock, to such classes. At each annual meeting of stockholders, directors elected to succeed those directors whose terms then expire shall be elected for a term of office to expire at the third succeeding annual meeting of stockholders after their election, with each director to hold office until their successor shall have been duly elected and qualified, subject, however, to such director’s earlier death, resignation, disqualification or removal.

Class I Directors shall include: one ORC Director (initially Xxxx Xxxx), one Xxxx Director (initially Xxxxxx X. Xxxxxxxx) and one Independent Director (initially Xxxx Xxxxx);

Class I Directors has the meaning specified in Section 8.6(c)(i).

Class I Directors has the meaning set forth in Section 10.13(a)(i).

Class I Directors has the meaning ascribed to it in Section 5.17(a).

Class I Directors shall have the meaning set forth in Section 7.16(a).