Section 16b-3. The Company agrees that it will cause the Company’s Board to take any additional reasonable action as is requested by the Purchaser to cause the exemption of the Transactions from the liability provisions of Section 16(b) of the Exchange Act pursuant to Rule 16b-3 so long as the Purchaser has the right to appoint a Purchaser Designee under Section 5.09 or any such Purchaser Designee serves on the Company’s Board or is subject to Section 16 of the Exchange Act.
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Sources: Investment Agreement (Expedia Group, Inc.), Investment Agreement (Expedia Group, Inc.)
Section 16b-3. The Company agrees that it will cause the Company’s Board to take any additional reasonable action as is requested by the Purchaser to cause the exemption of the Transactions from the liability provisions of Section 16(b) of the Exchange Act pursuant to Rule 16b-3 so long as the Purchaser has the right to appoint a Purchaser Designee Director under Section 5.09 the Investor Rights Agreement or any such Purchaser Designee Director serves on the Company’s Board or is subject to Section 16 of the Exchange Act.
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