Common use of Board of Directors Representation Clause in Contracts

Board of Directors Representation. For the term of employment, the Employee shall have the right to serve as a Director on the Company's Board of Directors (to eventually be at least seven Directors). This right to Board representation shall survive any initial sale of the Company to GTR, with the right extending to GTR's Board.

Board of Directors Representation. For the term of employment, the Employee shall have the right to serve as a Director on Chairman of the Company's Board of Directors (to eventually be at least seven Directors), and shall have the right to suggest to the Board other outside Directors for the Company to consider as candidates for its Board. This right to Board representation shall survive any initial sale of the Company to GTR, with the right extending to GTRNew Co.'s Board.