Examples of Sponsor Member in a sentence
Nothing in this Section 6.10 shall require a director to act in a way that would impair the interests of the Sponsor Member that nominated the Director, or violate any agreements, rules, or policies arising out of his or her employment by the Sponsor Member.
Each Sponsor Member shall have the option to remove its Designated Director and replace such Designated Director at any time and from time to time, with or without cause.
Each Sponsor Member shall designate one (1) Director to serve on the Board of Directors.
Following the execution of a Sponsor Member Agreement and for so long as such agreement shall remain in effect, each Sponsor Member shall be entitled to all rights and bound by all obligations stated therein.
For purposes of these Bylaws, a Sponsor Member and its Affiliates shall together be deemed to be one (1) Member.