Common use of Boards of Other Group Companies Clause in Contracts

Boards of Other Group Companies. At the request of any Key Investor, the number of directors on the board of any Group Company (other than the Company) shall be constituted in the same manner as the Board, and the provisions in this Article 2 shall apply mutatis mutandis to the board of directors of each Group Company. Each Group Company and each Founder shall take all steps required to give effect to the first sentence of this Section 2.7.

Appears in 2 contracts

Samples: Shareholder Agreement (Hello Inc. /Cayman Islands/), Shareholder Agreement (Hello Inc. /Cayman Islands/)

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Boards of Other Group Companies. At the request of any Key Investorthe holders of a majority of the Preferred Shares then outstanding, the number of directors on the board of any Group Company (other than the Company) shall be constituted in the same manner as the Board, and the provisions in this Article Section 2 shall apply mutatis mutandis to the board of directors of each such Group Company. Each Group Company and each Founder The Parties shall take all steps required to give effect to the first sentence of this Section 2.72.4.

Appears in 2 contracts

Samples: Shareholder Agreement (Tuya Inc.), Shareholder Agreement (Tuya Inc.)

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Boards of Other Group Companies. At the request of any Key Investorthe Lead Investors, the number of directors on the board of any Group Company (other than the Company) shall be constituted in the same manner as the Board, and the provisions in this Article 2 Section 2.1, 2.2 and 2.4 shall apply mutatis mutandis to the board of directors of each Group CompanyCompany subject to applicable law. Each Group Company and each Founder Major Shareholder shall take all steps required to give effect to the first sentence of this Section 2.72.5.

Appears in 1 contract

Samples: Investor Rights Agreement (Daqo New Energy Corp.)

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