Series B Designee definition

Series B Designee means the Director or Directors who are appointed to the Board of Directors as of the Effective Time as the Series B Designees and any Director thereafter appointed to the Board of Directors or elected by the holders of the Series B Preferred Stock, voting as a separate class, pursuant to the Certificate of Designations of the Series B Preferred Stock.
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Series B Designee shall have the meaning given such term in the Company’s Amended and Restated Certificate of Incorporation as in effect on the date hereof;
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Series B Designee shall be chosen by ColPE Blade Investor, LLC (together with its affiliates, "Colony", for so long as Colony owns 2,140,484 shares of Common Stock (on an as-converted basis, which number is subject to appropriate adjustment for all stock splits, dividends, combinations, recapitalizations and the like), and by the holders of a majority of the Series B Preferred held by the Investors in the event that Colony no longer owns any shares of Series B Preferred.
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Examples of Series B Designee in a sentence

  • In the event that any such nominee elected to the Board of Directors shall cease to serve as a director for any reason, the vacancy resulting therefrom shall be filled by such Board with a substitute person who has been nominated by the Holders of Series B Preferred Stock (in the case of a Series B Designee) or by Capital Z (in the case of the Capital Z Nominee).

  • XxXxxxxx; the initial Series C Designee shall be Xxxxxxxx Xxxxxx; the initial Series B Designee shall be Xxxxxx Xxxxxxxx; the initial Stockholders’ Designees shall be Xxxx Nahi and Xxxxxxxxx Xxxxx; the Independent Director will be designated following the Effective Date.

  • If the number of Series B Designees appointed to the Board by the Investors is fewer than the number of Series B Designees the Investors are entitled to appoint to the Board as holders of the Series B Stock, the Investors shall be entitled to designate one observer ("Observer") for each Series B Designee the Investors are entitled to appoint to the Board but have not so appointed; provided, however, that in no event shall the Investors be entitled to appoint more than two Observers.

  • In addition, the Company shall not amend, modify, terminate, waive, or otherwise alter, in whole or in part, any of the above-referenced agreements or any restricted stock agreement between the Company and any employee, without the consent of a majority of the Series A Designees and the Series B Designee (each as defined in the Voting Agreement of even date herewith among the Investors and the Company, and together, the “Preferred Directors”) then serving on the Board.

  • The Company shall maintain a Compensation Committee and an Audit Committee of the Board of Directors, each of which shall have no more than three members, none of whom shall be employees of the Company or any Subsidiary, and each of which shall include one Series B Designee as a member thereof.

  • For so long as any Series B Designee is a Director, the Board of Directors shall conduct at least four Board meetings during each fiscal year of the Company.

  • After a final decision is entered by the Board, an interference is consid- ered terminated when no appeal (35U.S.C. 141) or other review (35 U.S.C. 146) has been or can be taken or had.

  • Any vacancy occurring because of the death, resignation or removal of the Series B Designee shall be filled according to this paragraph l(a)(4).

  • Immediately after the Closing, once Xxxx Xxxx shall become a member of the Board of Directors of the Company as the Series B Designee (as such term is defined in the Certificate of Designation), the Company shall enter into an Indemnification Agreement with Xxxx Xxxx in form and substance reasonably acceptable to the Investors.

  • Any action by the Common Stock Designees, the Series A Designee, the Series B Designee, the Series C Designee and the Additional Series C Designee, if any, with respect to the Remaining Directors must be by a majority of such parties.


More Definitions of Series B Designee

Series B Designee is defined in Section 7(b)(iv).
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Series B Designee shall be designated by stockholders comprising funds associated with Trident Capital, Inc., its Affiliates, and their successors and assigns (collectively, “Trident”) for so long as Trident holds an aggregate number of Shares (determined on an as-converted to Common Stock basis) of Series B Preferred Stock (or Common Stock issued on conversion thereof) and Series E Preferred Stock (or Common Stock issued on conversion thereof) equal to at least 40% multiplied by the sum of (A) the number of shares of Series B Preferred Stock purchased by Trident under the Series B Purchase Agreement (as adjusted for any stock combination, stock split, stock dividend, recapitalization or other similar transaction), plus (B) the number of Shares originally purchased by Trident under the Series E Purchase Agreement (as adjusted for any stock combination, stock split, stock dividend, recapitalization or other similar transaction).
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Series B Designee shall have the meaning assigned to such term in the Preamble.
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Series B Designee means each person that any Purchaser ----------------- designates in writing to the Company to receive, on behalf of such Purchaser, the information to which such Purchaser is entitled pursuant to Section 7.1(b)(v) hereof; provided that each Purchaser may not designate more than two persons pursuant hereto.
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Related to Series B Designee

  • Series B Director means any director of the Company that the holders of record of the Series B Preferred Stock are entitled to elect pursuant to the Company’s Certificate of Incorporation.

  • Board Designee means an employee of the Board who has been given authority by the Board to carry out a function for the Board (e.g., the Clerk, Assistant Clerk of the Board, or hearing officer).

  • Investor Designee means an individual nominated by the Board as a “Investor Designee” for election to the Board pursuant to Section 5.10(a), Section 5.10(d) or Section 5.10(e) of the Investment Agreement.

  • Series B Preferred means the Company’s Series B Preferred Stock, par value $0.001 per share.

  • Share Designation has the meaning assigned to such term in ‎Section 3.2(b).

  • Series B Holder means a Record Holder of the Series B Preferred Units.

  • Series A-1 Preferred Shares means the Company’s series A-1 preferred shares, par value US$0.00001 per share.

  • Preferred Shareholder means any holder of Preferred Shares.

  • Series C Shares means the shares of Fixed Rate Cumulative Perpetual Preferred Stock, Series C, of the Company.

  • Series B-1 Preferred Shares means the Company’s series B-1 preferred shares, par value US$0.00001 per share.

  • Preferred Shareholders means the holders of Preferred Shares.

  • Series B-2 Preferred Shares means the Company’s series B-2 preferred shares, par value US$0.00001 per share.

  • Series A Director means any director of the Company that the holders of record of the Series A Preferred Stock are entitled to elect pursuant to the Company’s Certificate of Incorporation.

  • Series B Preferred Shares means the Series B Preferred Shares of the Company, par value US$0.0001 per share.

  • Series B Shares means the shares of Fixed Rate Cumulative Perpetual Preferred Stock, Series B, of the Company.

  • Series Designation has the meaning assigned to such term in Section 3.03(a).

  • Series B Certificate of Designations means the certificate of designations establishing the terms of the Series B Preferred Stock.

  • Series B Certificate of Designation means the Certificate of Designation of Series B Cumulative Convertible Preferred Shares of the Company as in effect on the date hereof.

  • Series D Shares means shares of Series D Convertible Preferred Stock, par value $0.001 per share of the Company and having the rights, privileges, preferences and restrictions set forth in the Charter.

  • Preferred Proponent means the Proponent that is invited into negotiations in accordance with the evaluation process set out in this RFP;

  • Series D Preferred means the Series D Convertible Preferred Stock of the Company, par value $.01 per share.

  • Preferred Holder means, with respect to a series of Preferred Units, a Record Holder of such series of Preferred Units.

  • Series B Preferred Stock means shares of the Company’s Series B Preferred Stock, par value $0.0001 per share.

  • Series A-1 Preferred Stock means shares of the Company’s Series A-1 Preferred Stock, par value $0.0001 per share.

  • Series D Preferred Shares means the Company’s series D preferred shares, par value US$0.00001 per share.

  • Series C Preferred Shares means the Company’s series C preferred shares, par value US$0.00001 per share.