Board of Directors Voting Agreements. This Section 3 shall be applicable until the earlier of (i) the later of the date on which less than 10% of the Series A Preferred Shares (as defined in the Securities Purchase Agreement) are outstanding and the date on which the Investors (as defined in the Securities Purchase Agreement) own less than 50% of the Securities (as defined in the Securities Purchase Agreement) and (ii) the date as of which the Company has not dropped below $200,000,000 in market capitalization at any time during the immediately preceding 12 months.
Board of Directors Voting Agreements. (a) Subject to adjustment as provided in paragraphs (b) and (c) below, in any and all elections of directors of the Company (whether at a meeting or by written consent in lieu of a meeting), each Securityholder, to the extent that such Securityholder has voting rights, shall vote, or cause to be voted, or cause such Securityholder's designees as directors to vote, all Securities owned by such Securityholder or over which such Securityholder has voting control, so as to fix the number of directors of the Company at five (5), and to nominate and elect such five (5) directors of the Company as follows:
Board of Directors Voting Agreements. (a) Subject to adjustment as provided below, in any and all elections of directors of the Company (whether at a meeting or by written consent in lieu of a meeting), each of the undersigned Holders, to the extent that such Holder has voting rights, shall vote, or cause to be voted, or cause such Holder's designees as directors to vote, all Securities, owned by such Holder or over which such Holder has voting control, so as to fix the number of directors of such Company at nine (9), and to nominate and elect four (4) directors of such Company as follows:
Board of Directors Voting Agreements. (a) Subject to paragraphs (b) and (c) below, in any and all elections of directors of the Company (whether at a meeting or by written consent in lieu of a meeting), each Stockholder shall vote, or cause to be voted, or cause such Stockholder's designees as directors to vote, all Voting Securities owned by such Stockholder or over which such Stockholder has voting control so as to fix the number of directors of the Company at five, and to nominate and elect such five directors of the Company as follows:
Board of Directors Voting Agreements. (a) Until the occurrence of a Threshold Event, the number of members of the Board of Directors shall be fixed at three.
Board of Directors Voting Agreements
