Nominated Directors definition
Examples of Nominated Directors in a sentence
Each of Olive HoldCo and Red shall, solely in its respective capacity as a shareholder, and shall use its reasonable efforts to procure that its Nominated Director(s) shall, exercise the powers available to it under this agreement and the Constitution with a view to procuring that the business of the Company and each member of the Group is conducted in accordance with the Annual Business Plan.
Upon the classification of the Board of Directors pursuant to Section C of this Article VI, the UtiliCorp Nominated Directors then in office shall be distributed among the classes in as nearly equal a number as possible.
If a Shareholder fails to give such notice within such period, that Shareholder shall be deemed to have given such a notice and to have identified in that notice such Nominated Directors as are required to resign (and the Nominated Directors of that Shareholder who shall be deemed to have been identified shall be determined by reference to ascending age order).
At least two (2) of the Company Nominated Directors shall have substantial operating or industry experience.
The Olive Nominated Directors have no direct shareholding in CCEP.