Examples of Matthews Group in a sentence
In addition, as long as each of the Francisco Partners Group and the Matthews Group beneficially owns at least 5% of the outstanding Mitel common shares, they have agreed to nominate the Chief Executive Officer of the Corporation to the Mitel Board.
The parties to the Shareholders’ Agreement have also agreed to act and vote from time to time so that, on any election of directors by the shareholders of the Corporation, the nominees of the Francisco Partners Group and the Matthews Group and the Chief Executive Officer (or equivalent) are elected.
Shareholders Agreement Mitel, the Francisco Partners Group and the Matthews Group are parties to a shareholders’ agreement (“Shareholders Agreement”) which covers matters of corporate governance, including nominee rights in respect of the Mitel Board, restrictions on transfer of Mitel Shares and information rights.
Matthews is the nominee of the Matthews Group and Benjamin Ball is the nominee of the Francisco Partners Group.
Pursuant to the Shareholders’ Agreement, the Mitel Board must be comprised of no more than ten members with the Francisco Partners Group entitled to nominate one director to the Mitel Board as long as it beneficially owns more than 5% of the outstanding Mitel common shares and the Matthews Group entitled to nominate one director to the Mitel Board as long as it beneficially owns more than 5% of the outstanding Mitel common shares.
The number of directors to be nominated by Matthews (each, a "MATTHEWS NOMINEE") shall be equal to the product xx xxx xumber of dixxxxxxx the Board of Directors is composed of and the number of Common Shares owned by the Matthews Group (calculated on an as-if converted to Common Shares baxxx) xxxided by the number of outstanding Common Shares (calculated on an as-if converted into Common Shares basis) and rounded up to the nearest whole number.
Matthews (66) Director 1 Year Co-Founder, President, Chairman, The Matthews Group, Inc.
Matthews, 435,131 shares held by Matthews Group Limited Partnership and 232,196 shares held by Elizabeth Matthews Welton Family Limited Partnership Phase II.