Common use of Financial Controller Clause in Contracts

Financial Controller. During the Earnout Period, each of Buyer and the Management Sellers agrees that it will cause the Company to engage a financial controller (the “Financial Controller”) designated by Buyer and approved by at least one of the Management-Appointed Directors. The Financial Controller shall have the powers and authorities as determined by the Board, including at least one of the Management-Appointed Directors.

Appears in 2 contracts

Sources: Stock Purchase Agreement, Stock Purchase Agreement