Common use of Apollo Nominees Clause in Contracts

Apollo Nominees. The parties further agree that, in the event Apollo, together with any and all of its Permitted Transferees, cease to hold in the aggregate 7,457,043 Shares, then upon the request of the Company, Apollo shall cause an Apollo Nominee to resign as a member of the Board of Directors of the Company, such that the Board of Directors of the Company would thereafter include one (1)

Appears in 1 contract

Sources: Stockholders Agreement (Rent a Center Inc De)

Apollo Nominees. The parties further agree that, in the event Apollo, together with any and all of its Permitted Transferees, cease to hold in the aggregate 7,457,043 Shares, then upon the request of the Company, Apollo shall cause an one Apollo Nominee (to be selected in the sole discretion of Apollo) to resign as a member of the Board of Directors of the Company, such that the Board of Directors of the Company would thereafter include one two (12)

Appears in 1 contract

Sources: Stockholders Agreement (Rent a Center Inc De)