Nomination and Election of Directors. 2.1 For so long as a Lead Investor, together with its Affiliates owning or controlling Voting Securities, beneficially owns the number of Ordinary Shares equal to at least fifty percent (50%) of the number of Ordinary Shares it purchased at Closing, determined severally as to each Lead Investor, the Company will procure that the Board nominates for election to the Board in accordance with Article 110 of the Company’s Articles of Association (as amended from time to time) each Designated Director specified by such Lead Director.
Appears in 3 contracts
Samples: Management Rights Deed of Agreement (Amarin Corp Plc\uk), Management Rights Deed of Agreement (Sofinnova Venture Partners Vii L P), Management Rights Deed of Agreement (Boxer Capital, LLC)
Nomination and Election of Directors. 2.1 For so long as a Lead Investor, together with its Affiliates owning or controlling Voting Securities, beneficially owns the number of Ordinary Shares equal to at least fifty percent (50%) of the number of Ordinary Shares it purchased at Closing, determined severally as to each Lead Investor, the Company will procure that the Board nominates for election to the Board in accordance with Article 110 of the Company’s 's Articles of Association (as amended from time to time) each Designated Director specified by such Lead Director.
Appears in 1 contract
Samples: Management Rights Deed of Agreement (Abingworth LLP)
