Director Acknowledgment. As an inducement to the Company to issue the Director Securities to Director, and as a condition thereto, Director acknowledges and agrees that neither the issuance of the Director Securities to Director nor any provision contained in this Agreement shall entitle Director to remain a director of the Company or its Subsidiaries or affect the right of the Company or its Subsidiaries to terminate Director’s service to the Company at any time for any reason.
Appears in 2 contracts
Sources: Investment and Director Compensation Agreement (Maravai Lifesciences Holdings, Inc.), Investment and Director Compensation Agreement (Maravai Lifesciences Holdings, Inc.)