Common use of Director Independence Clause in Contracts

Director Independence. Notwithstanding anything to the contrary herein, the parties hereto shall ensure the composition of the Board will continue to meet all applicable requirements for a controlled company listed on the Nasdaq Capital Market (or such other stock exchange on which the Common Stock may be listed from time to time), including with respect to director independence.

Appears in 5 contracts

Sources: Investor Rights Agreement (Applied Digital Corp.), Investor Rights Agreement (Ekso Bionics Holdings, Inc.), Investor Rights Agreement (Ekso Bionics Holdings, Inc.)

Director Independence. Notwithstanding anything to the contrary herein, the parties hereto shall ensure that the composition of the Board will continue to meet all applicable requirements for a controlled company listed on the Nasdaq Capital Market (or such other stock exchange on which the Common Stock may be listed from time to timelisted), including with respect to director independence.

Appears in 2 contracts

Sources: Stockholders Agreement (Quantum Computing Inc.), Merger Agreement (Quantum Computing Inc.)