Investor Director definition

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.

Investor Director means a member of the Board who was appointed or elected to the Board as an Investor Designee.

Investor Director has the meaning set forth in Section 2.1(a);

Examples of Investor Director in a sentence

• The Company further agrees that no advancement or payment by the Investor Indemnitors on behalf of any such Investor Director with respect to any claim for which such Investor Director has sought indemnification from the Company shall affect the foregoing and the Investor Indemnitors shall have a right of contribution and/or be subrogated to the extent of such advancement or payment to all of the rights of recovery of such Investor Director against the Company.

• The Company shall procure, to the extent permitted by Applicable Law, that any Investor Director shall enjoy the same indemnification rights and D&O insurance coverage as any other members of the Board.

• For purposes of clarification, no such Portfolio Company shall be deemed to have been provided with Information solely as a result of the Investor, EnCap, any Investor Director or any Representative (whether such Person has been provided with or has knowledge of Information) serving on the board of such Portfolio Company (provided that such board member does not use Information in connection with the business of such Portfolio Company).

• The Company acknowledges and agrees that the Company is the indemnitor of first resort with respect to any Investor Related Party who is an officer, director or other fiduciary of the Company and its Subsidiaries (i.e., its obligations to such Person are primary and any obligation of any other Persons to which such Investor Director or its Affiliates may have rights to advancement of expenses or to indemnification for the same expenses or liabilities incurred by such Investor Related Party are secondary).

• In any such case described in clauses (i) or (ii) of the immediately preceding sentence, the Investor shall withdraw the designation of such proposed Investor Director, and, subject to the requirements of this Section 3.4(b) be permitted to designate a replacement therefor (which replacement Investor Director will also be subject to the requirements of this Section 3.4(b)).

More Definitions of Investor Director

Investor Director has the meaning set forth in Section 6.1(a) hereof.

Investor Director shall have the meaning assigned in Section 3.1(a).

Investor Director means a member of the Board who was elected to the Board as an Investor Designee.

Investor Director means the director appointed in accordance with clause 9.2;

Investor Director has the meaning assigned to such term in Section 2.01(i)(b).

Investor Director has the meaning given in the Articles;

Investor Director means the person listed on Exhibit A hereto, or any other person designated to replace such person in accordance with the terms hereof.