Board Designation. If the Board nominates Biglari and ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇ (“▇▇▇▇▇▇”) to the Board, Biglari and ▇▇▇▇▇▇ shall accept such nomination and serve on the Board upon their election; provided, however, that TLF may instead designate another representative(s) to the Board if such representative(s) is acceptable to the Board.
Appears in 2 contracts
Sources: Shareholder Agreement (Funston Lance T), Shareholder Agreement (Lion Fund, L.P.)