Board Observer Rights definition

Board Observer Rights. The Investor would be entitled to designate a person reasonably acceptable to the Company to attend Board meetings as an invitee, who shall have all of the privileges and benefits of a Director of the Company except voting rights.
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Board Observer Rights. Members that have the right to appoint board members will also have board observer rights.
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Board Observer Rights. Executive will have the right throughout the Term (as defined below) to attend the Board of Directors' meetings of Trestle and Sunland, ▇▇▇ ▇ny committee's thereof, as a non-voting observer, and to receive all information provided to the directors thereof.
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Examples of Board Observer Rights in a sentence

  • Licensee will also promptly provide to University all relevant notices consistent with the Board Observer Rights Letter Agreement.

  • Licensee will, concurrent with its execution and delivery of this Agreement to University, execute and deliver to University a Board Observer Rights Letter Agreement pertaining to board observer rights for the University.

  • Notwithstanding the foregoing, the Board Observer Rights provided in Section 4.11 hereof shall not inure to the benefit of any Participant hereunder or any other transferee or assignee, other than an Affiliate of Lender.

  • Notwithstanding the confidentiality provisions in Section 2.12, with respect to Cisco, all information received by Cisco pursuant to this Section 2.2 shall be “Confidential Information” subject to the confidentiality obligations of Cisco pursuant to the Cisco Board Observer Rights Agreement.

  • Notwithstanding the confidentiality provisions in Section 2.12, with respect to Cisco, all information received by Cisco pursuant to this Section 2.1 shall be “Confidential Information” subject to the confidentiality obligations of Cisco pursuant to the Board Observer Rights Agreement between the Company and Cisco Systems dated on or about the date hereof (the “Cisco Board Observer Agreement”).

  • Notwithstanding the foregoing, this Section 2.12 shall not apply to Cisco and all confidential information received by Cisco pursuant to this Agreement shall be “Confidential Information” subject to the confidentiality obligations of Cisco pursuant to the Cisco Board Observer Rights Agreement.

  • The observer rights set forth in that certain Amended and Restated Board Observer Rights letter agreement, dated May 9, 2014, between the Company and Sand Hill Angels X, LLC and the “Representative” named therein, shall have been terminated.

  • The Administrative Agent shall have received (A) a copy of the Board Observer Rights Agreement, dated as of the Effective Date, and (B) a copy of the Warrant Agreements to be executed on the Effective Date, executed and delivered by each of the parties thereto.

  • Board Observer Rights: The Subscriber shall be entitled to appoint a non-voting observer to attend all meetings of the board of directors of the Company for a period of 9 months from the date of this agreement (extendable by mutual agreement of both the Subscriber and the Company).

  • In addition, the Trust shall reimburse Observer for all reasonable out-of-pocket expenses incurred by Observer in connection with the Observer’s exercise of the Board Observer Rights pursuant to this Section 1.