Common use of Governance Matters Clause in Contracts

Governance Matters. Subject to the satisfaction of all legal, regulatory and governance requirements, immediately or as promptly as practicable following the Closing, the Company shall cause the Board of Directors to be reconstituted to consist of eight (8) members as follows: Xxxxx Xxxxx, one representative designated by an investor in the Other Private Placements, one representative designated by another investor in the Other Private Placements, one representative designated by a third investor in the Other Private Placements, and four (4) independent directors reasonably acceptable to the Company.

Governance Matters. Subject to the satisfaction of all legal, regulatory and governance requirements, immediately or as promptly as practicable following the Closing, the Company shall cause the Board of Directors to be reconstituted to consist of eight (8) members as follows: Xxxxx Xxxxx, one representative designated by an investor in the Other Private PlacementsPrimary Investment Transactions, one representative designated by another investor in the Other Private PlacementsPrimary Investment Transactions, one representative designated by a third investor in the Other Private PlacementsPrimary Investment Transactions, and four (4) independent directors reasonably acceptable to the Company.

Governance Matters. (a) Subject to the satisfaction of all legal, regulatory and governance requirements, immediately or as promptly as practicable following the Closing, the Company shall cause the Board of Directors to be reconstituted to consist of eight (8) members as follows: Xxxxx Xxxxx, the Investor Designated Director, one representative designated by an investor in the Other Private Placements, one representative designated by another investor in the Other Private Placements, one representative designated by a third investor in the Other Private Placements, and four (4) independent directors reasonably acceptable to the Company.

Governance Matters. (a) Subject to the satisfaction of all legal, regulatory and governance requirements, immediately or as promptly as practicable following the Closing, the Company shall cause the Board of Directors to be reconstituted to consist of eight nine (8) 9) members, which such nine (9) members as follows: Xxxxx Xxxxx, one representative shall include (i) the Investor Designated Director and (ii) two (2) members designated by an investor in the Other Private Placements, one representative designated by another investor in the Other Private Placements, one representative designated by a third investor in the Other Private Placements, and four (4) independent directors Investors who are reasonably acceptable to the Company.