Board Meetings; Expenses. The Company shall convene meetings of its Board not less frequently than quarterly. The Company shall reimburse the reasonable out-of-pocket expenses of directors incurred in connection with attending Board meetings.
Board Meetings; Expenses. The Company shall reimburse the reasonable coach-class airfare and other travel and lodging expenses incurred by its nonemployee directors in attending any duly held regular or special meeting of the Board of Directors.
Board Meetings; Expenses. The Corporation’s Board of Directors shall meet at least quarterly, unless otherwise agreed by the Board. The Corporation shall bear all travel and related expenses incurred by the Series A Preferred Directors associated with attending meetings of the Board of Directors. The Corporation shall also bear travel and related expenses incurred by any advisors or observers of the Series A Preferred Directors to the extent reasonably required to perform their duties as Series A Preferred Directors.
Board Meetings; Expenses. (a) The Company shall call, or use its best efforts to have, regular meetings of its Board of Directors not less often than quarterly. The Company shall give reasonable notice of meetings of its Board of Directors to each Investor which holds at least 153,846 shares of Series C Preferred or Series D Preferred or at least 100,000 shares of Series E Preferred and/or Common Stock issued upon conversion of Series C Preferred, Series D Preferred and Series E Preferred (a "Qualified Investor"). Each
Board Meetings; Expenses. The Company shall hold not less than four meetings per year of the Board and any Subsidiary Board in which the Management Investors have exercised rights pursuant to paragraph 1C hereof. Unless otherwise determined by the Board, three such board meetings per annum shall take place in Dublin, Ireland and one such board meeting per annum shall take place in Chicago, Illinois. The Company shall pay the reasonable out-of-pocket expenses incurred by each director in connection with attending the meetings of the Board, any Subsidiary Board and any committee thereof. To the extent practicable, the Company shall distribute any agendas, reports or other materials to be reviewed or covered at any meeting of the Board prior to the meeting of the Board.
Board Meetings; Expenses. The Company shall hold not less than four meetings per year of the Board and any Subsidiary Board in which the Management Investors have exercised rights pursuant to paragraph 1C hereof. Unless otherwise determined by the Board, three such board meetings per annum shall take place in Dublin, Ireland and one such board meeting per annum shall take place in Chicago, Illinois; PROVIDED that the Company shall use reasonable efforts to coordinate the date of any Company board meeting to occur in Chicago around the date that there is a board meeting for Smurfit-Stone Container Corporation in order to maximize cost savings. The Company shall pay the reasonable out-of-pocket expenses incurred by each director in connection with attending the meetings of the Board, any Subsidiary Board and any committee thereof. To the extent practicable, the Company shall distribute any agendas, reports or other materials to be reviewed or covered at any meeting of the Board prior to the meeting of the Board.
Board Meetings; Expenses. The Company shall hold not less than four (4) meetings per year of the Board and any Subsidiary Board in which the Management Investors have exercised rights pursuant to paragraph 6C hereof; provided that unless exceptional circumstances exist which require a Board meeting to be convened, the Company intends to schedule five (5) Board meetings per year. The Company shall pay the reasonable out-of-pocket expenses incurred by each director in connection with attending the meetings of the Board, any Subsidiary Board and any committee thereof. To the extent practicable, the Company shall distribute any agendas, reports or other materials to be reviewed or covered at any meeting of the Board prior to the meeting of the Board. The Company shall hold a sufficient number of Board meetings in the Republic of Ireland as may be necessary to ensure that the Company remains a resident of the Republic of Ireland.
Board Meetings; Expenses. 18 4. Confidentiality .................................................................18
Board Meetings; Expenses. The Company covenants to hold meetings of its Board of Directors of the Company not less frequently than quarterly. The Company further covenants and agrees to reimburse reasonable out-of-pocket expenses of directors and others who have observation rights incurred in connection with attending board and committee meetings and work on any special project.
Board Meetings; Expenses. The Company covenants to hold meetings of the Board as frequently as the Board shall determine. The Company further covenants and agrees to reimburse reasonable out-of-pocket expenses of directors incurred in connection with attending board meetings, committee meetings and work on any special project. The Company shall take all actions necessary to ensure (i) that the Purchaser shall be entitled to appoint two (2) members of the Board (each a "PURCHASER REPRESENTATIVE") and (ii) unless included by applicable law, that at least one Purchaser Representative be on each and every Board committee. To the extent membership on a Board committee is precluded, the Purchaser Representatives shall be granted observer status on any such Board committee.
