Stockholder Designee definition

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

Stockholder Designee means a person designated for election to the Board of Directors by the Stockholder in accordance with the Certificate of Designations and in accordance with Section 3.1.

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

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.

• Any disputes arising out of or relating to this Agreement shall be heard exclusively in the Superior Court for the State of California, County of Sacramento or the United States District Court for the Eastern District of California, and the state or federal courts with appellate jurisdiction over those courts.

• Except as provided in Section 2.2, the Stockholder Designee, while 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.

• 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.

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

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

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

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

Stockholder Designee means: (i) For so long as either John J. McMullen or his estate owns, directly or indirxxxxx, xx xxxxx 25% in value of all voting trust certificates, the Stockholder Designee shall be the individual whom the Stockholder may, but is not required to, designate in a written notice to both the Trustee and the Company; or (ii) if at any time neither John J. McMullen nor his estate owns, directly or indixxxxxx, xx xxxxx 25% in value of all voting trust certificates, then from that time forward the Stockholder Designee (and not the Stockholder) shall direct the written notice and make the election specified in (b)(1) above, and the registered holders of the voting trust certificates shall, (by written designation executed by a majority in value of all then- outstanding voting trust certificates, which designation shall be delivered for the Trustee and the Company) select a "Stockholder Designee" with respect to all shares of Company Stock.

Stockholder Designee means either a Carlyle Designee or a WCAS Designee.