Common use of Matters Requiring Investor Director Approval Clause in Contracts

Matters Requiring Investor Director Approval. So long as the holders of Series A-3 Preferred Stock are entitled to elect a Series A-3 Director, the Company hereby covenants and agrees with each of the Investors that it shall not, nor shall it permit any subsidiary to, without approval of the Board of Directors, which approval must include the affirmative vote of at least one Series A-3 Director:

Appears in 2 contracts

Samples: Investors’ Rights Agreement (Sienna Biopharmaceuticals, Inc.), Investors’ Rights Agreement (Sienna Biopharmaceuticals, Inc.)

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Matters Requiring Investor Director Approval. So long as the holders of Series A-3 Preferred A Stock are entitled to elect a Series A-3 A Director, the Company hereby covenants and agrees with each of the Investors that it shall not, nor shall it permit any subsidiary tonot after the date hereof, without approval of the Board of Directors, which approval must include the affirmative vote of at least one a majority of the Series A-3 DirectorA Directors:

Appears in 2 contracts

Samples: Investors’ Rights Agreement (Everspin Technologies Inc), Investors’ Rights Agreement (Everspin Technologies Inc)

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Matters Requiring Investor Director Approval. So long as the holders of Series A-3 Preferred Stock are entitled to elect a Series A-3 A Director, the Company hereby covenants and agrees with each of the Investors that it shall not, nor shall it permit any subsidiary to, without approval of the Board of Directors, which approval must include the affirmative vote of at least one three of the Series A-3 DirectorA Directors:

Appears in 1 contract

Samples: Investors’ Rights Agreement (PureTech Health PLC)

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