Director Designation Period definition

Director Designation Period means either the Xxxxx Director Designation Period or the Sponsor Director Designation Period.
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Director Designation Period is defined in Section 7.3.
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Director Designation Period means the period during which any Holder has the right to designate a Director for nomination for election to the Board of Directors pursuant to Section 3.1(b), (c), (d) or (e).
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Examples of Director Designation Period in a sentence

  • Such appointment is coupled with an interest hereunder and is intended to be irrevocable for the purposes of this Agreement and for the duration of the Xxxxx Director Designation Period.

  • Each Investor intends this proxy to be irrevocable during the applicable Director Designation Period and coupled with an interest hereunder and hereby revokes any proxy previously granted by such Investor with respect to the shares of Common Stock owned by such Investor as of the date of this Agreement or hereafter acquired.

  • Notwithstanding the provisions of Article VII, Section 6, any Sponsor Nominee may be removed for any reason following the expiration of the Sponsor Director Designation Period (as defined in the Investor Rights Agreement) with the approval of a majority of the directors (other than the Sponsor Nominees).

  • On or prior to the Closing Date, the Company Stockholder and Provident Pioneer Partners, L.P. (“Provident Pioneer”) shall enter into an agreement pursuant to which, subject to the provisions thereof, Provident Pioneer will agree to vote for the Company Stockholder as a Director of Parent during such Director Designation Period (the “Voting Agreement”).

  • Notwithstanding the provisions of Article VII, Section 6, any ROCH Designated Director (as defined in the IRA) may be removed for any reason following the expiration of the Director Designation Period (as defined in the IRA) with the approval of a majority of the directors of the Company (other than the ROCH Designated Directors).

  • During the Director Designation Period (as defined below), Parent shall cause the Company Stockholder, to be nominated for election as a Director of Parent.

  • Notwithstanding the provisions of Article VII, Section 6, any Roney Nominee may be removed for any reason following the expiration of the Roney Director Designation Period (as defined in the Investor Rights Agreement) with the approval of a majority of the directors (other than the Roney Nominees).

  • The Blackstone Group Stockholders and their Permitted Transferee agree that, during the Director Designation Period, they shall not (and shall use their reasonable best efforts to cause their Affiliates not to) take any action to cause the removal without “cause” of any director designated for nomination for election or appointment to the Board by the MDCP Stockholders and their Permitted Transferees.


More Definitions of Director Designation Period

Director Designation Period means the period from and after the IPO Closing Time during which any Voting Stockholder has the right to designate a person for nomination for election or appointment to the Board pursuant to Section 3.1(i) or (ii).
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Director Designation Period means the three (3) year term of the Xxxxx Employment Agreement; provided, however, that: (i) the Company Stockholder shall not be in material default at any time under the terms of such Xxxxx Employment Agreement and/or any other obligations of the Company Stockholder to each of Parent and/or the Surviving Corporation; (ii) the Company Stockholder continues to beneficially own not less than 364,706 shares of Parent Common Stock received as Merger Consideration hereunder (i.e., 75% of the aggregate shares of Parent Common Stock received by the Company Stockholder as Merger Consideration hereunder); and (iii) the Company Stockholder shall not have resigned or been terminated or removed as a Director of Parent.
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Director Designation Period has the meaning set forth in Section 5.05.
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Director Designation Period means either the Roney Director Designation Period or the Sponsor Director Designation Period. “Effectiveness Period” is defined in Section 4.5(a)(ii).
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Related to Director Designation Period

  • Nomination Period means, in respect of a Nomination, the period from the Nomination Start Time to the Nomination End Time;

  • Investor Designee means an individual nominated by the Board as a “Investor Designee” for election to the Board pursuant to Section 5.10(a), Section 5.10(d) or Section 5.10(e) of the Investment Agreement.

  • Series B Director means any director of the Company that the holders of record of the Series B Preferred Stock are entitled to elect pursuant to the Company’s Certificate of Incorporation.

  • Preferred Director means any director of the Company that the holders of record of the Preferred Stock are entitled to elect pursuant to the Company’s Certificate of Incorporation.

  • Designated Director means a person designated by the RE to ensure overall compliance with the obligations imposed under chapter IV of the PML Act and the Rules and shall include:

  • Elected Director means a person elected as an elected director in accordance with these bylaws or elected or appointed as a replacement director for an elected director;

  • New Director means an individual whose election by the Board or nomination for election by the Company’s stockholders was approved by a vote of at least two-thirds of the directors then still in office who either were directors at the Date of Grant or whose election or nomination for election was previously so approved or recommended. However, “New Director” shall not include a director whose initial assumption of office is in connection with an actual or threatened election contest, including but not limited to a consent solicitation relating to the election of directors of the Company.

  • Nomination Date as herein used means twenty-fifth (25th) of the month preceding the movement; provided that if the twenty-fifth (25th) of such month falls on a weekend, the date shall be the preceding workday, and further provided that if the twenty-fifth (25th) of such month falls on a holiday the date shall be two (2) workdays prior to the holiday.

  • Election Period means the period immediately preceding the beginning of each Plan Year established by the Administrator, such period to be applied on a uniform and nondiscriminatory basis for all Employees and Participants. However, an Employee's initial Election Period shall be determined pursuant to Section 5.1.

  • (1) DIRECTOR.—The term Director’ means

  • shadow director means, in relation to a company, any person in accordance with whose directions or instructions the directors of the company are accustomed to act, but the person is not deemed to be a shadow director by reason only that the directors act on advice given by that person in a professional capacity; and

  • (2) DIRECTOR.—The term Director’ means

  • Continuing Director means, with respect to any Person as of any date of determination, any member of the board of directors of such Person who (a) was a member of such board of directors on the Closing Date, or (b) was nominated for election or elected to such board of directors with the approval of a majority of the Continuing Directors who were members of such board at the time of such nomination or election.

  • Preferred Directors means, collectively, the Series A Directors and the Series B Director.

  • Board Designee means an employee of the Board who has been given authority by the Board to carry out a function for the Board (e.g., the Clerk, Assistant Clerk of the Board, or hearing officer).

  • Compensation Period has the meaning specified in Section 2.12(c)(ii).

  • (3) DIRECTOR.—The term Director’ means

  • Nomination and Remuneration Committee means a Committee of Board of Directors of the Company, constituted in accordance with the provisions of Section 178 of the Companies Act, 2013 and the Listing Agreement.

  • New Directors means any director whose election by the Board or whose nomination for election by the Company's stockholders was approved by a vote of at least two-thirds of the directors then still in office who were Present Directors or New Directors.

  • Investor Director means any Director designated or nominated for election to the Board by the Investor Shareholders pursuant to Section 2.1 of this Agreement.

  • Regular ballot means a ballot that is not a provisional ballot.

  • Series A Director means any director of the Company that the holders of record of the Series A Preferred Stock are entitled to elect pursuant to the Company’s Certificate of Incorporation.

  • Appointed Director means a person appointed in accordance with these bylaws as an appointed director or appointed as a replacement director for an appointed director;

  • Post-Termination Period means a period of 12 months (subject to extension as set forth in Section 8(f)) following the effective date of the termination of Executive’s employment.

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

  • Alternate Director means a person elected or appointed to serve, as the occasion requires, as a member of the board of a company in substitution for a particular elected or appointed director of that company;