Definitive Healthcare Corp. terminated its Nominating Agreement with Spectrum, which had granted Spectrum the right to designate a board director, following the resignation of the designated director.
Key takeaways
The Nominating Agreement with Spectrum, dated September 17, 2021, has been permanently and irrevocably terminated.
The agreement granted Spectrum the right to designate one director nominee as long as it owned at least 5% of the company's common stock.
Spectrum's designated director, Jeff Haywood, resigned from the board on March 30, 2026.
The termination agreement was entered into on April 3, 2026, ending all rights under the original agreement.