Common use of Designation of Director Clause in Contracts

Designation of Director. The Stockholders agree to vote all of the Company’s Common Stock, Preferred Stock and any other voting securities of the Company now owned or hereafter acquired or controlled by them, and otherwise use their respective best efforts as stockholders or directors of the Company, to cause and maintain the election to the Board of Directors of the Chief Executive Officer of the Company. The remaining directors shall be elected by the stockholders of the Company pursuant to the provisions of the Amended and Restated Certificate of Incorporation and Bylaws of the Company.

Appears in 3 contracts

Sources: Investors’ Rights Agreement (Salient Surgical Technologies, Inc.), Investors’ Rights Agreement (Salient Surgical Technologies, Inc.), Investors’ Rights Agreement (Salient Surgical Technologies, Inc.)