Examples of Investor Designee in a sentence
Without prejudice to the foregoing sentence, the parties agree that for so long as Mxxxxxxxxx Xxxxxxxxx is and remains the Investor Designee hereunder, he shall be entitled to serve as a member of the Technology & Innovation Committee of the Parent Board as one of the two (2) committee appointments to which he is entitled pursuant to the foregoing sentence (and that he satisfies any and all requirements regarding service as a member of such committee as of the date hereof).
As of the Closing, Parent and the Board of Directors of Parent (the “Parent Board”) have taken all action necessary to cause (i) the number of directors that comprise the Parent Board to be increased by one (1), and (ii) Mxxxxxxxxx Xxxxxxxxx, as designated by the Investor, to be appointed to fill such newly created vacancy on the Parent Board as the initial Investor Designee hereunder.