Independent Designee definition

Independent Designee shall have the meaning assigned to such term in Section 5.2(c).

Independent Designee shall have the meaning set forth in Section 2.1 below.

Independent Designee has the meaning assigned to such term in Section 2.1(a).

Examples of Independent Designee in a sentence

• From the date of this Agreement until the conclusion of the Standstill Period, the Board will (i) offer the Independent Designee the opportunity to participate on any of its three (3) standing committees and (ii) not form a new committee without offering to the Independent Designee the opportunity to participate on such committee.

• Thereafter during the Company Restricted Period, the CLDC will always be composed of five directors, including the Starboard Designee or a Starboard Designee Replacement, as applicable, and an Independent Designee or an Independent Designee Replacement, as applicable.

• One (1) nominee designated by the Board of Directors, which nominee shall be an Independent Designee.

• Such nominees will include the Appointed Directors (or a Starboard Designee Replacement or an Independent Designee Replacement, as applicable, if one is serving in place of any Appointed Director).

• Starboard will use its reasonable best efforts to cause such SpinCo Independent Designee candidate to be promptly available for purposes of the foregoing.

More Definitions of Independent Designee

Independent Designee means a person who:

Independent Designee has the meaning set forth in Section 1(a)(iii).

Independent Designee means a director nominee that is considered to be an “independent director” under the applicable listing standards of the New York Stock Exchange (or, if different, the listing exchange on which the Common Stock is traded) and is affirmatively determined by the Board of Directors to have no “material relationship” with the Company.

Independent Designee means the one (1) Person nominated by mutual agreement of the Founders, Seller and Arrow Holdings, who shall be “independent” for NASDAQ purposes, to serve on the Board of Directors of ListCo.

Independent Designee has the meaning set forth in Section 5.16(b).

Independent Designee is defined in Section 2.1(a).

Independent Designee is defined in Section 2.1(a) of the Equityholders’ Agreement.