This excerpt taken from the NDAQ DEF 14A filed Aug 22, 2005.
Representatives on Nasdaq Board
On April 22, 2005, we entered into an amended and restated securityholders agreement (the Amended Securityholders Agreement) with the SLP Entities, Integral Capital Partners VI, L.P. and VAB Investors, LLC (collectively, the SLP Subscribers) and the H & F Entities. Under the terms of the Amended Securityholders Agreement, the H & F Entities and SLP Subscribers are each entitled to (i) have a representative nominated to the Nasdaq Board, and (ii) obtain additional information about us, and certain consultation rights and information rights with respect to us; provided that the H & F Entities and SLP Subscribers maintain ownership of a certain percentage of the common stock (on an as converted basis). Glenn Hutchins was appointed to the Nasdaq Board as the representative of SLP Subscribers and Patrick Healy serves on the Nasdaq Board as the representative of the H & F Entities.