Common use of Board Representation Clause in Contracts

Board Representation. (a) As of the date of this Agreement, the Board shall consist of seven directors (the “Board Size”). So long as the CBG Group continues to hold at least the Target Number of Shares, the Board shall not (i) propose or resolve to change the Board Size, except where otherwise required by Applicable Law, as provided in Section 2.1(h), or with the consent of the Holder, or (ii) present a slate of Company Nominees to the shareholders of the Company for election to the Board that is greater than or fewer than the Board Size.

Board Representation. (a) As of the date of this the Amended and Restated Investor Rights Agreement, the Board shall consist of seven directors (the “Board Size”). So long as the CBG Group continues to hold at least the Target Number of Shares, the Board shall not (i) propose or resolve to change the Board Size, except where otherwise required by Applicable Law, as provided in Section 2.1(h), or with the consent of the Holder, or (ii) present a slate of Company Nominees to the shareholders of the Company for election to the Board that is greater than or fewer than the Board Size.

Board Representation. (a) As of the date of this Agreement, the Board shall consist of seven directors (the “Board Size”)directors. So long as the CBG Group continues to hold at least the Target Number of Shares, The Company and the Board shall not (i) propose or resolve to change the Board Size, except where otherwise required by Applicable Law, as provided in Section 2.1(h), or with the consent size of the HolderBoard to more than seven directors, or (ii) present a slate of Company Nominees to the shareholders of the Company for election to the Board that is greater than seven directors, except in each case where otherwise required by applicable Law, as provided in Section 2.1(g), or fewer than with the Board Sizeconsent of the Holders.