Investor Directors definition

Investor Directors or “Investor Director” has the meaning set forth in Section 6.1(a) hereof.

Investor Directors means Investor Nominees who are elected or appointed to serve as members of the Board in accordance with this Agreement.

Investor Directors has the meaning set forth in Section 2(a).

Examples of Investor Directors in a sentence

• Unless otherwise agreed to in writing by the Board (including the affirmative vote of the Requisite Investor Directors (as defined in the Shareholders Agreement)), no proceeds from the sale of the Purchased Shares shall be used (i) in the purchase of any Equity Securities, (ii) in the investment of any other Person, (iii) in the payment of any debt of any Group Company, or (iv) in the repurchase or cancellation of securities held by any shareholder of the Company.

• Each of the Investor Directors shall have the right to sit on any committee of the Board of Directors.

• A quorum for any meeting of the Board of Directors shall consist of a majority of all directors; provided, that at least a majority of the Investor Directors is in attendance at such meeting.

• The Investor Directors and the Investor Indemnitors are intended third-party beneficiaries of this Subsection 5.9 and shall have the right, power and authority to enforce the provisions of this Subsection 5.9 as though they were a party to this Agreement.

• Section 2.04 of the Governance Agreement sets forth certain approval rights for Ciba and the Investor Directors with respect to certain actions proposed to be taken or affected by the Corporation or any of its Subsidiaries.

More Definitions of Investor Directors

Investor Directors shall have the meaning set forth in Section 4.1(b) hereof. Investors shall mean each of the persons listed on Schedule 2 hereto, severally, but not jointly and severally. Issuer Filing shall have the meaning set forth in Section 3.4(g) hereof. Majority Investors shall mean the holders of a majority of the voting power of the Series A-1 Preferred Stock, Series A-2 Preferred Stock and Series A-3 Preferred Stock then outstanding, voting together as a single class, calculated in accordance with Section A.6 of Article III of the Certificate (including, in such calculation, any shares issued upon conversion of such Series A-1 Preferred Stock, Series A-2 Preferred Stock and Series A-3 Preferred Stock then outstanding). Merger shall have the meaning ascribed thereto in the Stock Purchase Agreement. MPM shall mean MPM Capital L.P. MPM Group shall mean (i) MPM BioVentures III, L.P., (ii) MPM BioVentures III QP. L.P., (iii) MPM BioVentures III GmbH & Co. Beteiligungs KG, (iv) MPM BioVentures III Parallel Fund, L.P., (v) MPM Asset Management Investors 2003 VIII LLC, (vi) MPM Bio IV NVS Strategic Fund, L.P., (vii) any other venture capital limited partnership now existing or hereafter formed which is affiliated with or under common control with the foregoing or one or more general partners of the foregoing, and (viii) any successors or assigns of the foregoing.

Investor Directors means executives of the Managers or their respective Affiliates who serve as directors, managers or members of any member of the Company Group, and other Persons (who are not executives of the Managers or their respective Affiliates) who serve as directors, managers or members of any member of the Company Group as an appointee or designee of any Investor Party.

Investor Directors means the Series A Directors, the Series B Directors, the Series C Directors, the Series D Director and the Series E Director.

Investor Directors has the meaning set forth in Section 3.1(a).

Investor Directors shall have the meaning set forth in Section 3(a)(ii) hereof.

Investor Directors has the meaning set forth in Section 4.1.

Investor Directors means such directors of the Company nominated by the Investors under Article [28.1];