Common use of Special Meetings of Shareholders Clause in Contracts

Special Meetings of Shareholders. The Company agrees that it will call a special meeting of the stockholders of the Company (a “Special Meeting”) upon any request of the Monarch Entities so long as the Monarch Entities making such request and their Affiliates (or the Monarch Entities and their Affiliates together with Stonehill and its Affiliates if they jointly make the request) then Beneficially Own at least 10% of the Common Stock outstanding. A Special Meeting shall be held solely for the purpose or purposes and at the time (which time shall be reasonably sufficient to distribute requisite notice to the stockholders of the Company) specified by the Person or Persons making the request.

Special Meetings of Shareholders. The Company agrees that it will call a special meeting of the stockholders of the Company (a “Special Meeting”) upon any request of the Monarch Entities Stonehill so long as the Monarch Entities making such request Stonehill and their its Affiliates (or the Monarch Entities and their Affiliates together with Stonehill and its Affiliates if they jointly make the request) then Beneficially Own at least 10% of the Common Stock outstanding. A Special Meeting shall be held solely for the purpose or purposes and at the time (which time shall be reasonably sufficient to distribute requisite notice to the stockholders of the Company) specified by the Person or Persons making the request.