Examples of Liberty Designees in a sentence
As performance at IAC began to sag, the Liberty Designees became increasingly concerned about issues related to performance and executive compensation.
In connection with such Transfer, News and Liberty hereby agree that in accordance with Section 2.1(g) of the Gemstar Stockholders' Agreement, effective at the Effective Time, the number of Liberty Designees shall be decreased by three (3), and the right to designate, remove or replace persons for such three director positions shall be allocated to News, thus increasing the number of News Designees by three (3), for a total of six (6) designees allocated to News.
Diller began to resent the existence of the Liberty Designees almost immediately after their arrival.
At the Effective Time, Liberty will cause to be delivered to News resignations from the Board of the Liberty Designees (other than Xxxxxx), which resignations will be effective at the Effective Time.
Liberty hereby agrees, for the sole benefit of News ----------- and its Controlled Affiliates, that, regardless of whether or not any Liberty Designees continue to serve on the Board, until the first to occur of (i) July 12, 2005 and (ii) such time as no News Designees continue to serve on the Board, Liberty will continue to be subject to the provisions of Section 8 of the Gemstar Stockholders' Agreement.
Liberty hereby agrees, for the sole benefit of News and ----------- its Controlled Affiliates, that, regardless of whether or not any Liberty Designees continue to serve on the Board, until the first to occur of (i) July 12, 2005 and (ii) such time as no News Designees continue to serve on the Board, Liberty will continue to be subject to the provisions of Section 8 of the Gemstar Stockholders' Agreement.