Common use of Initial Board Clause in Contracts

Initial Board. As of the date first written above, the Board is comprised of (A) [ ], [ ] and [ ] (each of whom is a Group I Director and a Group I Director Nominee), (B) ▇▇▇▇▇▇▇ ▇. Dell (the Chief Executive Officer of the Company as of the date hereof, who is a Group II Director and a Group II Director Nominee) and (C) ▇▇▇▇ ▇▇▇▇▇▇ and ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ (each of whom is a Group III Director and a Group III Director Nominee). ▇▇▇▇▇▇▇ ▇. Dell will serve as the initial Chairman of the Board for the initial term, in accordance with the Organizational Documents of the Company, after which the Chairman of the Board shall be determined in accordance with this Section 3.1 and in accordance with the Organizational Documents of the Company.

Appears in 2 contracts

Sources: Sponsor Stockholders Agreement, Sponsor Stockholders Agreement (Denali Holding Inc.)

Initial Board. As of the date first written above, the Board is comprised of (A) [ ]▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇, [ ] ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇ and [ ] ▇▇▇▇▇ ▇. ▇▇▇▇▇▇ (each of whom is a Group I Director and a Group I Director Nominee), (B) ▇▇▇▇▇▇▇ ▇. Dell (the Chief Executive Officer of the Company as of the date hereof, who is a Group II Director and a Group II Director Nominee) and (C) ▇▇▇▇ ▇▇▇▇▇▇ and ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇ (each of whom is a Group III Director and a Group III Director Nominee). ▇▇▇▇▇▇▇ ▇. Dell will serve as the initial Chairman of the Board for the initial term, in accordance with the Organizational Documents of the Company, after which the Chairman of the Board shall be determined in accordance with this Section 3.1 and in accordance with the Organizational Documents of the Company.

Appears in 1 contract

Sources: Sponsor Stockholders Agreement (Dell Technologies Inc)