Examples of CVC Directors in a sentence
As of the Distribution Date, CVC shall be responsible for all Liabilities under CVC RSUs that are outstanding as of the Distribution Date and held by CVC Directors.
With respect to the Equity Compensation held by individuals who are CVC Employees or CVC Directors at the time the Equity Compensation becomes taxable and individuals who are Former CVC Employees at such time, CVC shall claim any federal, state and/or local tax deductions after the Distribution Date, and MSG shall not claim such deductions.
For so long as the Board is divided into three classes, PubCo agrees to take all Necessary Action to apportion the CVC Directors among such classes so as to maintain the proportion of the CVC Directors in each class as nearly as possible to the relative apportionment of the CVC Directors among the classes as contemplated in Section 2.1(b).
With respect to the Equity Compensation held by individuals who are CVC Employees or CVC Directors at the time the Equity Compensation becomes taxable and individuals who are Former CVC Employees at such time, CVC shall claim any federal, state and/or local tax deductions after the Distribution Date, and AMC shall not claim such deductions.
Notwithstanding the foregoing sentence or any other provision of this Agreement to the contrary, the Stockholders and the Company agree that, in all events: (i) all actions of the Board shall require the approval of all of the LGP Directors and all of the CVC Directors present and (ii) the affirmative vote of all LGP Directors and all CVC Directors present shall be sufficient to constitute the approval of any matter put before the Board.
Shareholders who are also employees of the Company or any of its subsidiaries or directors of the Company other than the CVC Directors or ACP directors may be compelled to offer their Euramax Shares for sale in the event of them ceasing to be so employed and ceasing to hold office as directors of the Company (if relevant).
By its execution and delivery hereof, the Kappa Investor (i) does hereby designate Xxxxxx Xxxx and Xxxxx Xxxxxxxx as the initial Cinven Directors and certifies that such designation is on behalf of the Cinven Co-Investors and (ii) does hereby designate Xxxx Xxxxxx and Xxxxx xxx Xxxxxxx as the initial CVC Directors and certifies that such designation is on behalf of the CVC Co-Investors.
For purposes of this Section 1.6, "Incumbent Board" means individuals who, as of the Effective Date, constitute the Board of Directors of CSI and any other individual who becomes a director thereof after such date and whose election or appointment by the Board of Directors of CSI or nomination for election by the stockholders of CSI was approved by a vote of at least a majority of the directors then comprising the Incumbent Board; provided that the Incumbent Board shall not include the CVC Directors.
The Majority CVC Holders have designated two CVC Directors for election to the Board of Directors.
Each Partner agrees that (i) each Director (other than the LGP Directors and the CVC Directors) shall be entitled to cast one (1) vote with respect to any matter before the Board of Directors or any committee thereof, and (ii) each LGP Director and each CVC Director shall be entitled to cast three (3) votes with respect to any matter before the Board of Directors or any committee thereof].