Common use of Designees Clause in Contracts

Designees. (a) Upon the closing of the IPO, the Board shall initially consist of six directors, including Xxxxx Xxxxxxxxx, Xxxxx Xxxxxx, Xxxx Xxxxxx, Xxxx (Xxxx) X’Xxxxxxx, Xxxxxxx XxXxxxxx and Xxxx Xxxxxx (the “Initial Directors”). Of the Initial Directors, (x) Xxxxx Xxxxxxxxx, Xxxx (Xxxx) X’Xxxxxxx and Xxxxxxx XxXxxxxx are each deemed to be designees of Cadent and (y) Xxxxx Xxxxxx, Xxxx Xxxxxx and Xxxx Xxxxxx are each deemed to be designees of Holdco. From and after the closing of the IPO, the rights of each of Cadent and Holdco to designate directors to the Board shall be as set forth in the remainder of this Section 2.1.

Appears in 2 contracts

Samples: Stockholders’ Agreement (Cactus, Inc.), Stockholders’ Agreement (Cactus, Inc.)

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Designees. (a) Upon the closing of the IPO, the Board shall initially consist of six seven directors, including Xxxxx Xxxxxxxxx, Xxxxx Xxxxxx, Xxxx Xxxxxx, Xxxx (Xxxx) X’Xxxxxxx, Xxxxxxx XxXxxxxx XxXxxxxx, Xxxx Xxxxxx and Xxxx Xxxxxx Xxxxxxxxx (the “Initial Directors”). Of the Initial Directors, (x) Xxxxx Xxxxxxxxx, Xxxx (Xxxx) X’Xxxxxxx and Xxxxxxx XxXxxxxx are each deemed to be designees of Cadent and (y) Xxxxx Xxxxxx, Xxxx Xxxxxx and Xxxx Xxxxxx are each deemed to be designees of Holdco. From and after the closing of the IPO, the rights of each of Cadent and Holdco to designate directors to the Board shall be as set forth in the remainder of this Section 2.1.

Appears in 2 contracts

Samples: Stockholders’ Agreement (Cactus, Inc.), Stockholders’ Agreement (Cactus, Inc.)

Designees. (a) Upon the closing of the IPO, the Board shall initially consist of six nine directors, including Xxxxx XxxxxxxxxXxxxxx X. Xxxxxxx, Xxxxxxx X. Xxxxxxxx, Xxxxxxx X. Xxxx, S. Xxx XxxXxx, Xx., Xxxxxxx Xxxxx, Xxxxx X. Xxxxxxx, Xxxxx X. Xxxxxx, Xxxx Xxxxxx, Xxxx (Xxxx) X’Xxxxxxx, Xxxxxxx XxXxxxxx Xxxxx X. Xxxxxxxx and Xxxx Xxxxxx X. Xxxx (the “Initial Directors”). Of the Initial Directors, (x) Xxxxxxx X. Xxxxxxxx, Xxxxxxx X. Xxxx, S. Xxx XxxXxx, Xx., Xxxxxxx Xxxxx Xxxxxxxxx, Xxxx (Xxxx) X’Xxxxxxx and Xxxxx X. Xxxxxxx XxXxxxxx are each deemed to be designees of Cadent and (y) Xxxxx Xxxxxx, Xxxx Xxxxxx and Xxxx Xxxxxx are each deemed to be designees of HoldcoQ-Jagged Peak. From and after the closing of the IPO, the rights of each of Cadent and Holdco Q-Jagged Peak to designate directors to the Board shall be as set forth in the remainder of this Section 2.12.2.

Appears in 2 contracts

Samples: Stockholders’ Agreement (Jagged Peak Energy Inc.), Stockholders’ Agreement (Jagged Peak Energy Inc.)

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Designees. (a) Upon the closing of the IPO, the Board shall initially consist of six directors, including Xxxxx Xxxxxxxxx, Xxxxx Xxxxxx, Xxxx Xxxxxx, Xxxx (Xxxx) X’XxxxxxxO’Xxxxxxx, Xxxxxxx XxXxxxxx and Xxxx Xxxxxx (the “Initial Directors”). Of the Initial Directors, (x) Xxxxx Xxxxxxxxx, Xxxx (Xxxx) X’Xxxxxxx and Xxxxxxx XxXxxxxx are each deemed to be designees of Cadent and (y) Xxxxx Xxxxxx, Xxxx Xxxxxx and Xxxx Xxxxxx are each deemed to be designees of Management Holdco. From and after the closing of the IPO, the rights of each of Cadent and Management Holdco to designate directors to the Board shall be as set forth in the remainder of this Section 2.1.

Appears in 1 contract

Samples: Stockholders’ Agreement (Cactus, Inc.)

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