Designation Right. So long as KRH beneficially owns at least 5% of the Membership Units in Holdings II, KRH shall have the right to designate a number of persons for appointment or nomination, as the case may be, for election to the Board (each, a “Designee”).
Appears in 3 contracts
Sources: Director Designation Agreement (RHI Entertainment, Inc.), Director Designation Agreement (RHI Entertainment, Inc.), Director Designation Agreement (RHI Entertainment, Inc.)