Designation of Directors. The two (2) Chicago designees to the Company’s Board of Directors described above (each a “Chicago Designee”) shall be designated by R▇▇▇▇▇ Chez, or his affiliates or designee (“Chicago Investor”). The one (1) New York designee to the Company’s Board of Directors described above (the “New York Designee”, and collectively with the Chicago Designees, the “Designees”) shall be designated by A▇▇▇▇▇ ▇▇▇▇ or his designee (“New York Investor”). The one (1) B▇▇▇▇▇▇▇ designee to the Company’s Board of Directors described above (the “B▇▇▇▇▇▇▇ Designee”, and collectively with the Chicago Designees and the New York Designee, the “Designees”) shall be designated by D▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇ or his designee (“B▇▇▇▇▇▇▇”). Each Designee must be eligible under applicable law and regulations of Nasdaq and FINRA to serve on the Board, provided however, that the Designees shall not be required to be “independent” under Nasdaq Listing Rules.
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Sources: Investors’ Rights Agreement (Merriman Curhan Ford Group, Inc.), Investors’ Rights Agreement (Merriman Curhan Ford Group, Inc.)
Designation of Directors. The two (2) Chicago designees to the Company’s 's Board of Directors described above (each a “Chicago Designee”"CHICAGO DESIGNEE") shall be designated by R▇▇▇▇▇▇ Chez, or his affiliates or designee (“Chicago Investor”"CHICAGO INVESTOR"). The one (1) New York designee to the Company’s 's Board of Directors described above (the “New York Designee”"NEW YORK DESIGNEE", and collectively with the Chicago Designees, the “"Designees”") shall be designated by A▇▇▇▇▇▇ ▇▇▇▇ or his designee (“New York Investor”"NEW YORK INVESTOR"). The one (1) B▇▇▇▇▇▇▇▇ designee to the Company’s 's Board of Directors described above (the “B"▇▇▇▇▇▇▇▇ Designee”DESIGNEE", and collectively with the Chicago Designees and the New York Designee, the “Designees”"DESIGNEES") shall be designated by D▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇ or his designee (“B"▇▇▇▇▇▇▇”▇"). Each Designee must be eligible under applicable law and regulations of Nasdaq and FINRA to serve on the Board, provided however, that -------- ------- the Designees shall not be required to be “"independent” " under Nasdaq Listing Rules.
Appears in 1 contract
Sources: Investors' Rights Agreement (Merriman Curhan Ford Group, Inc.)
Designation of Directors. The two (2) Chicago designees to the Company’s 's Board of Directors described above (each a “Chicago Designee”"CHICAGO DESIGNEE") shall be designated by R▇▇▇▇▇▇ Chez, or his affiliates or designee (“Chicago Investor”"CHICAGO INVESTOR"). The one (1) New York designee to the Company’s 's Board of Directors described above (the “New York Designee”"NEW YORK DESIGNEE", and collectively with the Chicago Designees, the “"Designees”") shall be designated by A▇▇▇▇▇▇ ▇▇▇▇ or his designee (“New York Investor”"NEW YORK INVESTOR"). The one (1) B▇▇▇▇▇▇▇▇ designee to the Company’s 's Board of Directors described above (the “B"▇▇▇▇▇▇▇▇ Designee”DESIGNEE", and collectively with the Chicago Designees and the New York Designee, the “Designees”"DESIGNEES") shall be designated by D▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇ or his designee (“B"▇▇▇▇▇▇▇”▇"). Each Designee must be eligible under applicable law and regulations of Nasdaq and FINRA to serve on the Board, provided provided, however, that the Designees shall not be required to be “"independent” " under Nasdaq Listing Rules.
Appears in 1 contract
Sources: Investors' Rights Agreement (Merriman Curhan Ford Group, Inc.)
Designation of Directors. The two (2) Chicago designees to the Company’s Board of Directors described above (each a “Chicago Designee”) shall be designated by R▇▇▇▇▇▇ Chez, or his affiliates or designee (“Chicago Investor”). The one (1) New York designee to the Company’s Board of Directors described above (the “New York Designee”, and collectively with the Chicago Designees, the “Designees”) shall be designated by A▇▇▇▇▇▇ ▇▇▇▇ or his designee (“New York Investor”). The one (1) B▇▇▇▇▇▇▇▇ designee to the Company’s Board of Directors described above (the “B▇▇▇▇▇▇▇▇ Designee”, and collectively with the Chicago Designees and the New York Designee, the “Designees”) shall be designated by D▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇ or his designee (“B▇▇▇▇▇▇▇▇”). Each Designee must be eligible under applicable law and regulations of Nasdaq and FINRA to serve on the Board, provided however, that the Designees shall not be required to be “independent” under Nasdaq Listing Rules.
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