Technology Partners. At any time as Technology Partners shall be a Holder of less than 291,000 shares of Series C Convertible Preferred Stock (as adjusted for any stock dividends, combinations or splits with respect to such Stock), then the right of Technology Partners to designate an individual for election to the Board of Directors shall immediately cease.
Appears in 2 contracts
Sources: Stockholders' Agreement (Cell Pathways Holdings Inc), Stockholders' Agreement (Cell Pathways Inc)