A Director. 12.3.1 From and after the date on which Xx Xxxxxx ceases to hold office as Chairman a simple majority of the 5 largest A Shareholders (by reference to the number of A Shares held by them at the relevant time) (“Principal A Shareholders”) shall have the right by written notice to the Company to appoint and maintain in office and remove from office one person whom they shall from time to time nominate as a non-executive Director provided always that such A Director:
Appears in 4 contracts
Samples: Investment and Shareholders Agreement (Xyratex LTD), Investment and Shareholders Agreement (Xyratex LTD), Investment and Shareholders Agreement (Xyratex LTD)
