Common use of Board Quorum; Meetings, etc Clause in Contracts

Board Quorum; Meetings, etc. The Company’s Revised M&A shall provide for a quorum (which shall exist at the time of the voting as well as the attendance of the Board meeting) of the Board for six (6) Directors, including the presence, in person or by telephone, electronic or other means of communication, of at least one (1) Series A Director, one (1) Series B Director, one (1) Series C Director, and one (1) Ordinary Share Director, provided, however, that if such quorum cannot be obtained for a Board meeting after two (2) consecutive notices of Board meetings have been sent by the Company with the first notice providing not less than fourteen (14) days’ prior notice and the second notice providing not less than five (5) days’ prior notice, then the attendance of any six (6) Directors shall constitute a quorum. Notices and agendas of Board meetings as well as copies of all board papers shall be sent to all the relevant directors and to the Investors at least fourteen (14) Business Days prior to the relevant Board meeting. Minutes of Board meetings shall be sent to Investors within thirty (30) days after the relevant meeting. The Company shall hold Board meetings at least once a month in the first six (6) months after the Closing and at least once a quarter thereafter.

Board Quorum; Meetings, etc. The Company’s Revised M&A shall provide for a quorum of the meetings of the Board (which shall exist at the time of the voting as well as the attendance of the Board meeting) of shall be the Board for six directors separately or collectively having five (65) Directorsvotes, including the presence, in person or by telephone, electronic or other means of communication, of at least one (1) Series A the Taikang Director, one (1) Series B Director, one (1) Series C Director, Matrix Director and one (1) Ordinary Share K2 Director, provided, however, that if such quorum cannot be obtained for a Board meeting after two (2) consecutive notices of Board meetings have been sent by the Company with the first notice providing not less than fourteen (14) days’ prior notice and the second notice providing not less than five (5) days’ prior notice, then the attendance of any six the directors separately or collectively having at least five (65) Directors votes shall constitute a quorum. Notices and agendas of Board meetings as well as copies of all board papers shall be sent to all the relevant directors and to the Investors at least fourteen (14) Business Days prior to the relevant Board meeting. Minutes of Board meetings shall be sent to Investors within thirty (30) days after the relevant meeting. The Company shall hold Board meetings at least once a month in the first six (6) months after the Closing and at least once a quarter thereafterquarter.

Board Quorum; Meetings, etc. The Company’s Revised M&A shall provide for a quorum (which shall exist at the time of the voting as well as the attendance of the Board meeting) of the meetings of the Board for six shall be seven (67) Directorsdirectors, including the presence, in person Person or by telephone, electronic or other means of communication, of at least one (1) Series A Director, one (1) Series B Director, one (1) Series C Director, and one (1) Ordinary Share Directorall the Preferred Directors, provided, however, that if such quorum cannot be obtained for a Board meeting after two (2) consecutive notices of Board meetings have been sent by the Company with the first notice providing not less than fourteen (14) days’ prior notice and the second notice providing not less than five (5) days’ prior notice, then the attendance of any six (6) Directors directors shall constitute a quorum; provided further that matters discussed in such adjourned meeting shall be limited to those stated in the written notices and agendas of the Board meetings. Notices and agendas of Board meetings as well as copies of all board papers shall be sent to all the relevant directors and to the Investors at least fourteen (14) Business Days prior to the relevant Board meeting. Minutes of Board meetings shall be sent to Investors within thirty (30) days after the relevant meeting. The Company shall hold Board meetings at least once a month in the first six (6) months after the Closing and at least once a quarter thereafterquarter.