Investor Designee definition

Investor Designee means an individual nominated by the Board as a “Investor Designee” for election to the Board pursuant to Section 5.10(a), Section 5.10(d) or Section 5.10(e) of the Investment Agreement.

Investor Designee shall have the meaning set forth in Section 5(a).

Investor Designee has the meaning set forth in Section 2.1(b).

Examples of Investor Designee in a sentence

• At each subsequent re-appointment of an Investor Designee, such Investor Designee shall be assigned to a class with a full term of three (3) years.

• The Investor’s rights pursuant to this Section 5 with respect to the Investor Designee shall not be transferable to any Third Party without the Company’s prior written consent.

• The Investor Designee will be entitled to reimbursement from the Company of out of pocket expenses in connection with his or her role as a director consistent with other directors on the Board.

• The Board or the NCG Committee will evaluate the Investor Designee for potential roles on the committees of the Board, consistent with evaluations of other directors for such positions and subject to applicable Law and the listing rules and requirements of the Nasdaq Global Select Market.

• The Company shall use reasonable best efforts to cause each Investor Designee to be appointed to the Board (including voting all unrestricted proxies in favor of the election of such Investor Designee and including recommending approval of such Investor Designee’s appointment to the Board) and shall not take any action designed to diminish the prospects of such Investor Designee(s) of being appointed to the Board.

More Definitions of Investor Designee

Investor Designee has the meaning set forth in Section 1.1(a).

Investor Designee shall have the meaning set forth in Section 4.4.

Investor Designee shall have the meaning set forth in the Stockholders' Agreement.

Investor Designee means any director of the Board who has been designated by the Investor pursuant to Article 2 hereof.

Investor Designee means an individual designated in writing by the Investors and/or the VCOC Investor to be appointed as an observer to the Board and/or as a member of the Strategic Development Committee pursuant to Section 5.09, as applicable.

Investor Designee has the meaning set forth in Section 7.1(a).

Investor Designee means those members of the Board of Directors designated for election by the Investor.