Observer Seats Sample Clauses

Observer Seats. Each of the Strategic Investors, each of the University Investors, each of the Financial Investors and each of the New Investors (as defined in the Definitions for the purposes of this Article 6.3) shall be entitled to appoint one person, which shall be reasonably acceptable to the members of the Supervisory Board, to attend all meetings of the Supervisory Board as an observer, unless such Strategic Investor, University Investor, Financial Investor or New Investor already has a representative in the Supervisory Board, and unless the Supervisory Board has reasonably resolved that for a specific meeting observers should not be allowed, and any person so appointed (an "Observer") shall be given (at the same time as the directors) notice of such meetings and agendas, minutes and other papers relating to such meetings. The Company and the Shareholders shall use their best efforts to realise that the Observers will actually be able to participate in the meetings as set forth in this Article 6.