Company Designees definition

Company Designees has the meaning specified in Section 9.06.

Company Designees has the meaning set forth in Section 5.15(b).

Company Designees means any and all Persons that are designated by the Company and that will be members of the Company Group as of immediately following the Distribution Effective Time.

Examples of Company Designees in a sentence

• Parent agrees to nominate the Company Designees appointed to the Parent Board pursuant to this Section 1.7 for reelection at Parent’s first annual stockholders’ meeting that occurs after the Closing.

• The number of Company Designees shall not exceed six (6) nor at any time be less than two (2), and the number of Standby Purchaser Designees shall at any given time, subject to the last sentence of this Section 3.3, be one (1) more than the number of Company Designees but in no event less than three (3).

• Notwithstanding the foregoing, at the election of the Standby Purchaser, in lieu of the designation of a replacement Company Designee as provided above, the size of the Board may be reduced by two directors so long as one of the Standby Purchaser Designees resigns, such that the Standby Purchaser will continue to have one more designee than the number of Company Designees (provided that the number of Company Designees, as reduced as aforesaid, may not be reduced below two).

• The Board shall consist of the Standby Purchaser Designees and the Company Designees.

• The Board shall have the authority to fix the compensation of directors, provided that the compensation payable to the Company Designees may be decreased only with the approval of a majority of the Company Designees and increased only with the approval of a majority of the Standby Purchaser Designees.

More Definitions of Company Designees

Company Designees means (i) the Directors duly designated and appointed to the Board as of the date hereof, in each case pursuant to Section 5.18 of the Securities Purchase Agreement, and (ii) the individuals nominated by the Independent Company Designees pursuant to Section 2.1(d).

Company Designees has the meaning set forth in Section 7.12(a)(1).

Company Designees means any and all Persons that are designated by the Company and that will be members of the Company Group as of immediately following the Closing Date.

Company Designees has the meaning set forth in Section 2.5(a)(ii).

Company Designees means two of the current Company directors, provided that none is a Bad Actor.

Company Designees means the individuals designated by Members Mutual and identified as such in the Registration Statement, one of whom shall be the Chief Executive Officer of HoldCo;

Company Designees has the meaning set forth in Section 1.4(c)(iii).