Investor Director Designee definition

Investor Director Designee has the meaning set forth in Section 3.1(a).

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

Investor Director Designee means an individual designated in writing by the Investor to be elected to the Board pursuant to Section 2.01(b) or 2.03, as applicable. For the avoidance of doubt, the Initial Investor Director Designees shall be considered Investor Director Designees for all purposes of this Agreement.

Examples of Investor Director Designee in a sentence

• The Company and its Subsidiaries shall reimburse each Investor Director Designee for all reasonable out-of-pocket expenses incurred in connection with their attendance at meetings of the Board or the board of directors (or equivalent governing body) of any of the Company’s Subsidiaries, and any committees of the foregoing, including travel, lodging, and meal expenses, in accordance with the Company’s reimbursement policies in effect from time to time.

• The Company and its Subsidiaries shall obtain customary director and officer indemnity insurance on commercially reasonable terms which insurance shall cover each Investor Director Designee.

• In the event that any Investor Director Designee offers to tender his or her resignation, the Board shall promptly determine whether to accept such resignation and, if the Board chooses to accept such resignation, the Company and the applicable Investor Group shall be immediately required to take any and all actions necessary or appropriate to cooperate in ensuring the removal of such individual from his or her directorship.

• The Company shall include each Investor Director Designee among the Company’s and its directors’ nominees for election to the Board at all of the Company’s applicable annual or special meetings of stockholders (or actions by written consent) at which directors are to be elected, subject to satisfaction of the requirements of Law and the Company’s organizational and governance documents regarding service as a director of the Company.

• In 2018, the Romanian Banca Transilvania (BT) acquired a stake in the Moldovan Victoriabank, becoming its biggest shareholder.

More Definitions of Investor Director Designee

Investor Director Designee means the appointed director to the Board by Insight Partners pursuant to the Investor Rights Agreement.

Investor Director Designee means any individual designated to the Board by the HPS Investor pursuant to the terms and conditions of this Agreement.

Investor Director Designee means any individual designated for election to the Board by an Investor pursuant to Section 4.2, Section 4.3, or Section 4.4.

Investor Director Designee is defined in Section 5.1(a).

Investor Director Designee means (i) each Initial Investor Director Designee and (ii) each Additional Investor Director Designee. For the avoidance of doubt, the Initial Investor Director Designees shall be considered Investor Director Designees for all purposes of this Agreement.

Investor Director Designee means an individual designated in writing by the Investor and reasonably acceptable to the Board to be nominated for election to the Board pursuant to Section 5.11(a) or 5.11(c), as applicable; provided that Xxxxxxx Xxxxxxxx shall be deemed to be reasonably acceptable to the Board to serve as an Investor Director, and each of Xxx Xxxxx and Xxxxxx Xxxxxxx shall be deemed to be reasonably acceptable to the Board to serve as an Investor Observer.

Investor Director Designee means Xxxx Xxxx or such other individual designated by the Investor in accordance with Section 2.1 of the Investor Rights Agreement (as though the Investor Rights Agreement were in effect on the date hereof) to be nominated for election or appointed by the Issuer to the board of directors of the Issuer;