Founder Designee definition

Founder Designee has the meaning set forth in Section 2.1(d).
Sample 1Sample 2Sample 3
Founder Designee has the meaning assigned to such term in Section 2.2(b).
Sample 1Sample 2Sample 3
Founder Designee means Holdings or any other Founder Party designated in writing to the Company as such by Holdings.
Sample 1Sample 2Sample 3

Examples of Founder Designee in a sentence

  • Except as provided in Section 2.2, each Founder Designee serving on the Board shall be entitled to the same rights and privileges applicable to all other members of the Board generally or to which all such members of the Board are entitled.

  • The independent Founder Designee designated pursuant to Section 2.1(c) shall be entitled to compensation consistent with the compensation received by other non-employee Directors, including any fees and equity awards.

  • Directors are subject to removal pursuant to the applicable provisions of the Bylaws; provided, however, for as long as this Agreement remains in effect, (i) a Trebia Investors Designee may only be removed with the consent of the Trebia Investors, and (ii) a Founder Designee may only be removed with the consent of Mr. Blend, in each case delivered in accordance with Section 5.13 hereof.

  • For so long as the Founder Investor is entitled to designate a Founder Designee (as defined in the Stockholders Agreement), a quorum for a meeting of the Board shall require the attendance in person, telephonically, or in any other manner permitted by applicable law, of the Founder Designee.

  • Xxxxxxx; the initial Founder Designee shall be the Founder; the initial Xxxxx Designee shall be Xxxxxxx Senior; and the initial Other Designees shall be Xxxxxxx Xxxxxx and Xxxxxxx Xxxxxxx.

  • Subject to S ection 2.1(b)(i)(A), if at any time a Founder Group fails to meet the Founder Group Minimum Ownership Condition, then such Founder Group’s right to designate, nominate and replace any member of the Board (other than a Joint Founder Designee, if applicable) shall terminate and reduce to zero (0) directors, and such Founder Group agrees to promptly thereafter cause its Designee director to tender his or her immediate resignation from the Board.

  • Subject to Section 2.1(b)(i)(A), if at any time a Founder Group fails to meet the Founder Group Minimum Ownership Condition, then such Founder Group’s right to designate, nominate and replace any member of the Board (other than a Joint Founder Designee, if applicable) shall terminate and reduce to zero (0) directors, and such Founder Group agrees to promptly thereafter cause its Designee director to tender his or her immediate resignation from the Board.

  • Xxxxxxx; the initial Founder Designee shall be the Founder; the initial Xxxxx Designee shall be Xxxxxxx Senior; the initial Xxxxx Designee shall be Xxxxx Xxxxxxx; and the initial Other Designee shall be Xxxxxxx Xxxxxx.

  • Mahadevan;Ashok Santhanam;Robert Hershbe appointed as Directors of the Company in replacement of each of the Founder Designee Directors, such appointments being the appointment of the Mutual Designee Directors; AND WHEREAS Mahindra & Mahindra Ltd.


More Definitions of Founder Designee

Founder Designee has the meaning set forth in Section 3.1(b).
Sample 1Sample 2
Founder Designee means an individual designated in writing by the Founder for election or appointment to the Board;
Sample 1Sample 2
Founder Designee means Cxxxxxxxxxx X. Xxxxxx or any other Founder Party designated in writing to the Company as such by Cxxxxxxxxxx X. Xxxxxx.
Sample 1
Founder Designee means an individual designated in writing by the Founder for election or appointment to the Board. The initial Founder Designees shall be Christopher L. Harris and William Pollett;
Sample 1
Founder Designee means any person nominated at any time and from time to time by the Founders pursuant to Section 2.1 to serve on the Board of Directors.
Sample 1

Related to Founder Designee

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

  • Purchaser Designee means an individual then serving on the Board of Directors pursuant to the exercise of the Purchaser’s nomination rights pursuant to Section 4.07(a) and/or Purchaser’s rights pursuant to Section 4.07(e), together with any designee of the Purchaser who is then standing for election to the Board pursuant to Sections 4.07(a) and (b) or who is being proposed for election by the Purchaser pursuant to Section 4.07(e).

  • Investor Nominee means a person designated for election to the Board of Directors by the Investor pursuant to the Investment Agreement.

  • Founder Member means a subscriber to these rules for the purposes of registration;

  • Founder means, in respect of an issuer, a person who,

  • Preferred Director means any director of the Company that the holders of record of the Preferred Stock are entitled to elect pursuant to the Company’s Certificate of Incorporation.

  • Series B Director means any director of the Company that the holders of record of the Series B Preferred Stock are entitled to elect, exclusively and as a separate class, pursuant to the Certificate of Incorporation.

  • Class B Stockholder means (i) the registered holder of a share of Class B Common Stock at the Effective Time and (ii) the initial registered holder of any shares of Class B Common Stock that are originally issued by the Corporation after the Effective Time.

  • Shareholder Group means (i) Shareholder and (ii) any Affiliate or Shareholder Family Entity (as defined in the Shareholder's Agreement) of Shareholder (other than the Company).

  • Management Director means a Person selected in accordance with Article IV of this Agreement who shall have the powers and duties to manage the business and affairs of the Company and exercise its powers to the extent set forth in this Agreement, the Certificate and the Act. Each Management Director shall be a “manager” of the Company within the meaning of the Act.

  • Proposed Nominee Associated Person of any Proposed Nominee shall mean (A) any Person acting in concert with such Proposed Nominee, (B) any direct or indirect beneficial owner of Shares owned of record or beneficially by such Proposed Nominee or Person acting in concert with the Proposed Nominee and (C) any Person controlling, controlled by or under common control with such Proposed Nominee or a Proposed Nominee Associated Person.

  • Designated Director means a person designated by the RE to ensure overall compliance with the obligations imposed under chapter IV of the PML Act and the Rules and shall include:

  • New Director means an individual whose election by the Board or nomination for election by the Company’s stockholders was approved by a vote of at least two-thirds of the directors then still in office who either were directors at the Date of Grant or whose election or nomination for election was previously so approved or recommended. However, “New Director” shall not include a director whose initial assumption of office is in connection with an actual or threatened election contest, including but not limited to a consent solicitation relating to the election of directors of the Company.

  • shadow director means, in relation to a company, any person in accordance with whose directions or instructions the directors of the company are accustomed to act, but the person is not deemed to be a shadow director by reason only that the directors act on advice given by him in a professional capacity; and

  • Executive session means all or part of a meeting that is closed or confidential.

  • Founding Members means those public school districts, cities, counties, and other governmental units that are signatories to the Joint Powers Agreement and have a voting member serving on the JPA's Board of Directors.

  • Management Shareholders means Xxxxxx X. Xxxx, Xxxx X. Xxxxxxx, and Xxxxxx X. Xxxxxxxxx.

  • Stockholder Group means the Stockholder and each Person (other than any member of the Company Group) that is an Affiliate of the Stockholder.

  • Principal Stockholder Transferee means any Person who acquires voting stock of the Corporation from the Principal Stockholder (other than in connection with a public offering) and who is designated in writing by the Principal Stockholder as a “Principal Stockholder Transferee.”

  • Nominated Recipient means a person appointed by You to receive particular FIT Payments and recorded as such on the Central FiT Register;

  • Series A Director means any director of the Company that the holders of record of the Series A Preferred Stock are entitled to elect pursuant to the Company’s Certificate of Incorporation.

  • Nomination means an offer by a Shipper to a Carrier of a stated quantity of Product for transportation from a specified origin(s) to a specified destination or destinations pursuant to the terms of this tariff.

  • Founding Member means any individual who is either:

  • Principal Stockholder means, collectively, (i) the Sponsor and (ii) any affiliate or successor of a person referenced in clauses (i) and (ii) of this definition.

  • Preferred Directors means the Series A Directors and the Series B Directors.