Common use of Board Matters Clause in Contracts

Board Matters. The Company shall reimburse the nonemployee directors for all reasonable out-of-pocket travel expenses incurred (consistent with the Company’s travel policy) in connection with attending meetings of the Board. The Company shall cause to be established, as soon as practicable after such request, and will maintain, an audit and compensation committee, each of which shall consist solely of non-management directors. Each such committee shall include the Preferred Directors, unless a Preferred Director declines to participate.

Board Matters. The Company shall reimburse the nonemployee directors each non-employee director for all reasonable out-of-pocket travel expenses incurred (consistent with the Company’s travel policy) in connection with attending meetings of the Board. The Company Each non-employee director shall cause be entitled in such person’s discretion to be established, as soon as practicable after such request, and will maintain, an audit and compensation committee, each a member of which shall consist solely any committee of non-management directors. Each such committee shall include the Preferred Directors, unless a Preferred Director declines to participateBoard.

Board Matters. The Company shall reimburse the nonemployee directors and the Board Observers for all reasonable out-of-pocket travel expenses incurred (consistent with the Company’s travel policy) in connection with attending meetings of the BoardBoard of Directors. The Company shall cause to be established, as soon as practicable after such request, and will maintain, an audit and compensation committee, each of which shall consist solely of non-management directors. Each non-employee director shall be entitled in such committee shall include the Preferred Directors, unless person’s discretion to be a Preferred Director declines to participatemember of any Board committee.

Board Matters. The Company shall reimburse the nonemployee directors for all reasonable out-of-pocket travel expenses incurred (consistent with the Company’s travel policy) in connection with attending meetings of the BoardBoard (or any applicable committee thereof). The Company Each Preferred Director shall cause be entitled in such person’s discretion to be established, as soon as practicable after a member of any committee of the Board other than committees constituted under criteria of independence or disinterestedness unmet by such request, and will maintain, an audit and compensation committee, each of which shall consist solely of non-management directors. Each such committee shall include the Preferred Directors, unless a Preferred Director declines to participateDirector.

Board Matters. The Company shall reimburse the nonemployee directors and observers for all reasonable out-of-pocket travel expenses incurred (consistent with the Company’s travel policy) in connection with attending meetings of the BoardBoard or committee meetings or any other activities, which are required and/or requested by the Company and that involve expenses. The Company Each Preferred Director shall cause have the right to be established, as soon as practicable after such request, and will maintain, an audit and compensation committee, each a member of which shall consist solely any committee of non-management directors. Each such committee shall include the Preferred Directors, unless a Preferred Director declines to participateBoard.

Board Matters. The Company shall reimburse the nonemployee directors for all reasonable out-of-pocket travel expenses incurred (consistent with the Company’s travel policy) in connection with attending meetings of the Board. The Company shall cause to be established, as soon as practicable after such requestrequest of the Board, including the Preferred Director, and will maintain, an audit and compensation committee, each of which shall consist solely of non-management directors. Each such committee of the Board shall include the Preferred Directors, Director unless a the Preferred Director declines to participateotherwise notifies the Company in writing.

Board Matters. The Company shall reimburse the nonemployee [nonemployee] directors for all reasonable out-of-pocket travel expenses incurred (consistent with the Company’s 's travel policy) in connection with attending meetings of the BoardBoard of Directors. [The Company shall cause to be established, as soon as practicable after such request, and will maintain, an audit and compensation committee, each of which shall consist solely of non-management directors. Each non-employee director shall be entitled in such committee shall include person's discretion to be a member of [all] [the Preferred Directors, unless a Preferred Director declines to participate.audit and compensation] committees of the Board of Directors.]59