Common use of Parent Board Clause in Contracts

Parent Board. Prior to, and conditioned upon the occurrence of, the Company Merger Effective Time, Parent shall take all actions necessary in order to, upon the Company Merger Effective Time, add three (3) members of the Company Board as of the date of this Agreement as set forth on Section 7.21 of the Company Disclosure Schedule (“Company Board Designees”) to the Parent Board, to serve, together with the then members of the Parent Board, until the next annual meeting of stockholders of Parent. In connection with such next annual meeting of stockholders of Parent, the Nominating and Governance Committee of the Parent Board intends to recommend to the Parent Board the Company Board Designees for election to the Parent Board at such annual meeting of stockholders; provided that at such time each such Company Board Designee satisfies the qualifications to serve on the Parent Board.

Parent Board. Prior to, and conditioned upon the occurrence of, the Company Merger Effective Time, Parent shall take all actions necessary in order to, upon the Company Merger Effective Time, add three one (31) members member of the Company Board as of the date of this Agreement as set forth on Section 7.21 7.22 of the Company Disclosure Schedule (“Company Board DesigneesDesignee”) to the Parent Board, to serve, together with the then members of the Parent Board, until the next annual meeting of stockholders of Parent. In connection with such next annual meeting of stockholders stockholder of Parent, the Nominating Board Governance and Governance Nomination Committee of the Parent Board intends to recommend to the Parent Board the Company Board Designees Designee for election to the Parent Board at such annual meeting of stockholders; provided that at such time each such the Company Board Designee satisfies the qualifications to serve on the Parent Board.