Common use of Designee Clause in Contracts

Designee. For so long as CBS continues to own a number of Voting Securities equal to at least one percent (1%) of the Company's outstanding Voting Securities, the Company shall provide CBS, and for so long as DBC continues to own a number of Voting Securities equal to at least one percent (1%) of the outstanding Voting Securities, the Company shall provide DBC, thirty (30) days prior written notice of any Stockholder solicitation or action relating to the election of directors. After receipt of such notice by DBC, DBC may, and after receipt of such notice by CBS, CBS may, by written notice sent to the Company within ten (10) days of receipt of such notice, request that the Company nominate, and the Company shall nominate, for election to the Company's Board of Directors (the "BOARD OF DIRECTORS"), in connection with such Stockholder solicitation or action:

Appears in 4 contracts

Samples: Stockholders' Agreement (Marketwatch Com Inc), Stockholders' Agreement (Marketwatch Com Inc), Stockholders' Agreement (Marketwatch Com Inc)

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Designee. For so long as CBS continues to own a number of Voting Securities equal to at least one percent (1%) of the Company's outstanding Voting Securities, the Company shall provide CBS, and for so long as DBC Pearson continues to own a number of Voting Securities equal to at least one percent (1%) of the outstanding Voting Securities, the Company shall provide DBCPearson, thirty (30) days prior written notice of any Stockholder solicitation or action relating to the election of directors. After receipt of such notice by DBCPearson, DBC Pearson may, and after receipt of such notice by CBS, CBS may, by written notice sent to the Company within ten (10) days of receipt of such notice, request that the Company nominate, and the Company shall nominate, for election to the Company's Board of Directors (the "BOARD OF DIRECTORSBoard of Directors"), in connection with such Stockholder solicitation or action:

Appears in 1 contract

Samples: Stockholders' Agreement (Marketwatch Com Inc)

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Designee. For so long as CBS continues to own a number of Voting Securities equal to at least one percent (1%) of the Company's outstanding Voting Securities, the Company shall provide CBS, and for so long as DBC continues to own a number of Voting Securities equal to at least one percent (1%) of the outstanding Voting Securities, the Company shall provide DBC, thirty (30) days prior written notice of any Stockholder solicitation or action relating to the election of directors. After receipt of such notice by DBC, DBC may, and after receipt of such notice by CBS, CBS may, by written notice sent to the Company within ten (10) days of receipt of such notice, request that the Company nominate, and the Company shall nominate, for election to the Company's Board of Directors (the "BOARD OF DIRECTORSBoard of Directors"), in connection with such Stockholder solicitation or action:

Appears in 1 contract

Samples: Stockholders' Agreement (Pearson Inc)

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