Shareholder Designee definition

Shareholder Designee shall have the meaning set forth in Section 3.1(a).

Shareholder Designee means a person designated for election to the Board of Directors by the Apollo/Blackstone Shareholders as provided in Section 3.1.

Shareholder Designee means an individual designated in writing by the Shareholder, pursuant to Section 2.1(a), to be nominated by the Company for appointment to the Board as a non-executive director for a term expiring at the fourth annual general meeting following such appointment, or any such term pursuant to re-appointment of such individual at the annual general meeting.

Examples of Shareholder Designee in a sentence

• Except as provided in Section 2.3, each Shareholder Designee serving on the Board shall be entitled to the same rights and privileges applicable to all other members of the Board generally or to which all such members of the Board are entitled.

• The foregoing provisions shall be effected pursuant to an amendment to the Company's Bylaws in a form reasonably acceptable to the parties to this Agreement, which shall not be further amended by the Board of Directors during the Shareholder Designee Period.

• Notwithstanding the foregoing, the Company shall have no obligation to support the nomination, recommendation or election of any Shareholder Designee pursuant to this Section 3.1(b) or any other obligation under this Section 3.1 if the Apollo/Blackstone Shareholders are in breach of any material provision of this Agreement.

• At all times during the Shareholder Designee Period, Unaffiliated Directors shall be designated exclusively by a majority of a nominating committee (the "Nominating Committee"), which shall at all times during the Shareholder Designee Period consist of not more than four persons, two of whom shall be Shareholder Designees (or such lesser number of Shareholder Designees as then serves on the Board of Directors) and two of whom shall be either Management Directors or Unaffiliated Directors.

• Notwithstanding the foregoing, if the Apollo/Blackstone Shareholders beneficially own less than 50% of the Apollo/Blackstone Shares, the Nominating Committee shall be comprised of individuals only one of whom is a Shareholder Designee.

More Definitions of Shareholder Designee

Shareholder Designee shall have the meaning set forth in Section 6.1(a).

Shareholder Designee has the meaning assigned to such term in Section 2.2(a).

Shareholder Designee means any CVC Investors Designee, Blackstone Investors Designee or FTAC Designee.

Shareholder Designee means a person designated for election to the Board of Directors by Shareholder as provided in Section 3.2.

Shareholder Designee means any member of the Board who has been designated by the Direct Shareholder pursuant to this Agreement.

Shareholder Designee means a person designated for election to the Board of Directors by Shareholders as provided in SECTION 3.1.

Shareholder Designee has the meaning given to such term in Clause 3.3(a);