Stockholder Designee definition

Stockholder Designee has the meaning set forth in Section 2.1(c).

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Stockholder Designee means a director designated to the Board in accordance with this Agreement.

Stockholder Designee means a person designated for election to the Board of Directors by the Stockholders as provided in Section 3.

Examples of Stockholder Designee in a sentence

Except as provided in Section 2.2, each Stockholder 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 Company shall cause the Stockholder Designees to be included in the slate of Directors approved and recommended by the Board for election at such meeting and shall use its reasonable best efforts to cause the election of each such Stockholder Designee, including soliciting proxies in favor of the election of such Stockholder Designees at such meeting.
If any Stockholder Designee is not qualified, available or eligible to stand for election, then the Stockholder may name an acceptable and available replacement Stockholder Designee and any such Stockholder Designee will be included as a nominee for election at such meeting if written notice of the name of such Stockholder Designee is provided to the Company within a reasonable period of time prior to the mailing of the proxy statement for such meeting.
In the event that any Stockholder Designee shall fail to be elected or appointed to the Board pursuant to the preceding sentence, the Company shall (at the written request of Stockholder) take all Necessary Action to cause an alternative Stockholder Designee to be elected or appointed to the Board, as soon as possible.
The Company and each Stockholder Designee that is elected or appointed to the Board shall execute the Company’s form of indemnification agreement for its directors and officers and the Company shall maintain directors’ and officers’ indemnity insurance coverage reasonably satisfactory to the Board or compensation committee thereof.

More Definitions of Stockholder Designee

Stockholder Designee means an individual that is (i) designated by holders of a majority of the shares of Common Stock held by all Stockholders and Other Stockholders and (ii) is reasonably determined by a majority of the Board (not including any Stockholder Designee and any other member of the Board that is an Affiliate of any Stockholder or Other Stockholder) (the “Independent Directors”) to be “independent” under applicable securities laws and applicable stock exchange rules and regulations (or, if the Common Stock is not listed on a stock exchange, any rules or regulations of any market on which the Common Stock is listed or traded).

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

Stockholder Designee means an individual designated by the Majority Stockholders in a written notice delivered to the Company to stand for election to the Board at an Election Meeting in accordance with Article 3, or, if permitted by the Bylaws and Delaware Law, to be appointed by the Board to fill a vacancy in accordance with Section 3.2.

Stockholder Designee means any Blackstone Investors Designee or BL Investors Designee.

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

Stockholder Designee means, with respect to a Stockholder, any director designated by such Stockholder pursuant to Section 2.02 and elected by the holders of Common Stock.

Stockholder Designee has the meaning given such term in Section 8.7(d).