Board Approval of Certain Transactions. So long as Investors hold at least one million one hundred and twenty-five thousand (1,125,000) shares of Preferred Stock, as adjusted for any stock dividends, combinations, splits, recapitalizations and the like with respect to the Preferred Stock after the date hereof, the Company shall not without the approval of a majority of the Board, including at least two of the Preferred Directors:
Appears in 4 contracts
Samples: Rights Agreement, Rights Agreement, Investor Rights Agreement (Trevena Inc)
