Common use of Board Observer Seat Clause in Contracts

Board Observer Seat. For any meeting of the Board of Directors, ------------------- the Company shall allow one representative of GE Capital Equity Investments, Inc. ("GE") (the "Representative") designated from time to time by GE to attend -- -------------- all meetings of the Board (and all committees thereof) in a non-voting observer capacity; reimburse GE for the Representatives's out-of-pocket expenses in connection with attending such meetings; provide to the Representative copies of all notices, minutes, consents and other materials that the Company provides to its directors in connection with meetings of the Board (or any committee thereof, as the case may be) at the same time such is given to its directors; and allow the Representative to participate in discussions of matters brought to the Board. The rights in this Section 2.3 are personal to GE and its affiliates and therefore may only be transferred or assigned with the prior consent of the Company, which consent will not be unreasonably withheld.

Board Observer Seat. For any meeting of the Board of ------------------- Directors, ------------------- the Company shall allow one representative of GE Capital Equity Investments, Inc. ("GE") (the "Representative") designated from time to time by -- -------------- GE to attend -- -------------- all meetings of the Board (and all committees thereof) in a non-non- voting observer capacity; reimburse GE for the Representatives's out-of-pocket expenses in connection with attending such meetings; provide to the Representative copies of all notices, minutes, consents and other materials that the Company provides to its directors in connection with meetings of the Board (or any committee thereof, as the case may be) at the same time such is given to its directors; and allow the Representative to participate in discussions of matters brought to the Board. The rights in this Section 2.3 are personal to GE and its affiliates and therefore may only be transferred or assigned with the prior consent of the Company, which consent will not be unreasonably withheld.