Stockholder Designee definition

Stockholder Designee has the meaning set forth in Section 2.1(c).

Stockholder Designee means a person designated for election to the Board of Directors by the Stockholder in accordance with the Certificate of Designations and in accordance with Section 3.1.

Stockholder Designee means a director designated to the Board in accordance with this Agreement.

Examples of Stockholder Designee in a sentence

• Each party hereto acknowledges and agrees that the Stockholder Designee may share any information concerning the Company and its Subsidiaries received by them from or on behalf of the Company or its designated representatives with the Stockholder and its designated representatives (subject to the Stockholder’s obligation to maintain the confidentiality of Confidential Information in accordance with Section 3.3).

• Each Stockholder Designee will serve until his successor is elected and qualified or until his earlier resignation, retirement, disqualification, removal from office, or death.

• The Parties hereto acknowledge and agree that the initial Stockholder Designee is the Person identified in Schedule I hereto.

• To the extent permitted under Applicable Law, the Charter and the Bylaws, any Stockholder Designee appointed in accordance with this paragraph shall be appointed to the class of Directors with the longest remaining term.

• Garcia, for so long as he serves as a Director and otherwise qualifies to serve as the Stockholder Designee pursuant to the requirements herein, and each such subsequent individual whom the Stockholder Designator shall actually designate pursuant to Section 2.1(b) and who is thereafter elected and qualified to serve as a Director shall be referred to herein as the “Stockholder Designee”.

More Definitions of Stockholder Designee

Stockholder Designee means an individual that is (i) designated by holders of a majority of the shares of Common Stock held by all Stockholders and Other Stockholders and (ii) is reasonably determined by a majority of the Board (not including any Stockholder Designee and any other member of the Board that is an Affiliate of any Stockholder or Other Stockholder) (the “Independent Directors”) to be “independent” under applicable securities laws and applicable stock exchange rules and regulations (or, if the Common Stock is not listed on a stock exchange, any rules or regulations of any market on which the Common Stock is listed or traded).

Stockholder Designee shall have the meaning set forth in Section 6.1(a).

Stockholder Designee shall have the meaning set forth in Section 3.1(a).

Stockholder Designee means any Blackstone Investors Designee or BL Investors Designee.

Stockholder Designee means: (i) For so long as either John J. McMullen or his estate owns, directly or indirxxxxx, xx xxxxx 25% in value of all voting trust certificates, the Stockholder Designee shall be the individual whom the Stockholder may, but is not required to, designate in a written notice to both the Trustee and the Company; or (ii) if at any time neither John J. McMullen nor his estate owns, directly or indixxxxxx, xx xxxxx 25% in value of all voting trust certificates, then from that time forward the Stockholder Designee (and not the Stockholder) shall direct the written notice and make the election specified in (b)(1) above, and the registered holders of the voting trust certificates shall, (by written designation executed by a majority in value of all then- outstanding voting trust certificates, which designation shall be delivered for the Trustee and the Company) select a "Stockholder Designee" with respect to all shares of Company Stock.

Stockholder Designee means, collectively, the Blackstone Designees and the Navigation Designee.

Stockholder Designee means a person designated for election to the Board of Directors by Apollo as provided in Section 4.1. "Voting Securities" shall mean (x) any securities entitled, or which may be entitled, to vote generally in the election of directors of the Company, (y) any securities convertible or exercisable into or exchangeable for such securities (whether or not the right to convert, exercise or exchange is subject to the passage of time or contingencies or both), or (z) any direct or indirect rights or options to acquire any such securities; provided that unexercised options granted pursuant to any employment benefit or similar plan and rights issued pursuant to any shareholder rights plan shall be deemed not to be "Voting Securities" (or to have Voting Power). 2 In addition, the following terms have the definitions specified in the Sections noted: