Common use of Voting for Directors Clause in Contracts

Voting for Directors. For so long as the Principal Stockholder and the Fund own, in the aggregate, at least 11% of the outstanding shares of Common Stock, each of the Principal Stockholder and the Fund agrees that it shall vote (and shall cause each of its Affiliates owning, directly or indirectly, any shares of Common Stock to vote) all the shares of Common Stock owned directly or indirectly by it or such Affiliate in favor of all the persons nominated by the Board in accordance with the Amended By-Laws; provided this Section 2.4 shall terminate upon the tenth anniversary of the Effective Date.

Appears in 1 contract

Sources: Stockholders Agreement (Playtex Products Inc)

Voting for Directors. For so long as the Principal Stockholder and the Fund own, in the aggregate, owns at least 11% of the outstanding shares of Common Stock, each of the Principal Stockholder and the Fund agrees that it shall vote (and shall cause each of its Affiliates affiliates owning, directly or indirectly, any shares of Common Stock to vote) all the shares of Common Stock owned directly or indirectly by it the Principal Stockholder or such Affiliate in favor of all the persons nominated by the Board in accordance with the Amended By-By- Laws; provided this Section 2.4 shall terminate upon the tenth anniversary of the Effective Date.

Appears in 1 contract

Sources: Stockholders Agreement (Blum Richard C & Associates L P)

Voting for Directors. For so long as the Principal Stockholder and the Fund own, in the aggregate, owns at least 11% of the outstanding shares of Common Stock, each of the Principal Stockholder and the Fund agrees that it shall vote (and shall cause each of its Affiliates affiliates owning, directly or indirectly, any shares of Common Stock to vote) all the shares of Common Stock owned directly or indirectly by it the Principal Stockholder or such Affiliate in favor of all the persons nominated by the Board in accordance with the Amended By-Laws; provided this Section 2.4 shall terminate upon the tenth anniversary of the Effective Date.

Appears in 1 contract

Sources: Stockholders Agreement (Playtex Products Inc)