Lead Director. The NMP Entities shall have the right, at any time and from time to time, exercisable by written notice delivered to the Company referencing this Section 2.3, to designate the Lead Director from among the members of the Board and to remove such Lead Director (and designate his or her replacement) from such role at any time, with or without cause, such Lead Director having such rights and obligations as set forth in the Company’s Certificate of Incorporation and/or bylaws, as applicable.
Appears in 2 contracts
Sources: Stockholders Agreement (Bellerophon Therapeutics, Inc.), Stockholders Agreement (Bellerophon Therapeutics LLC)