Director Independence. A sufficient number of the Purchaser Nominees recommended by the Purchaser shall satisfy the criteria of “independence” under the rules and regulations of Nasdaq and applicable securities laws, so that the Company shall continue to be in compliance with such rules, regulations and laws following the appointment of the Purchaser Nominees.
Appears in 6 contracts
Sources: Securities Purchase Agreement (Aterian, Inc.), Securities Purchase Agreement (Aterian, Inc.), Securities Purchase Agreement (Mainz Biomed N.V.)