Board of Directors Meetings. The Company shall call, and use its best efforts to have, regular meetings of the Board of Directors on a quarterly basis. The Company shall pay all reasonable travel expenses and other out-of- pocket expenses incurred by Directors who are not employed by the Company in connection with attending meetings of the Board or any committee thereof or in connection with attendance at meetings related to the business of the Company.
Appears in 4 contracts
Samples: Stockholders' Agreement (Diversa Corp), Stockholders' Agreement (Diversa Corp), Stock Purchase Agreement (Diversa Corp)
Board of Directors Meetings. The Company shall call, and use its --------------------------- best efforts to have, regular meetings of the Board of Directors on at least a quarterly basis. The Company shall pay all reasonable travel expenses and other out-of- of-pocket expenses incurred by Directors who are not employed by the Company in connection with attending meetings of the Board or any committee thereof or in connection with attendance at meetings related to the business of the Companythereof.
Appears in 2 contracts
Samples: Stock Purchase Agreement (Orapharma Inc), Stock Purchase Agreement (Orapharma Inc)
Board of Directors Meetings. The Company shall call, and use its best --------------------------- efforts to have, regular meetings of the Board of Directors on at least a quarterly basis. The Company shall pay all reasonable travel expenses and other out-of- of-pocket expenses incurred by Directors who are not employed by the Company in connection with attending meetings of the Board or any committee thereof or in connection with attendance at meetings related to the business of the Companythereof.
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