CFO and Internal Auditor Sample Clauses

CFO and Internal Auditor. For as long as Fintech Parties hold the corresponding Minimum Shareholders Amount, or a Shareholder qualifies as the Veto Third Party Shareholder at such time, the CFO and the Internal Auditor of the Company to be designated by the Board of the Company shall be a person proposed by Fintech Advisory or the Veto Third Party Shareholder, as applicable, provided that CVH, for as long as the CVH Parties satisfy the CVH Majority Ownership Requirement shall have a veto right, which may be exercised with or without cause, in respect of the first two (2) persons proposed by Fintech Advisory or the Veto Third Party Shareholder, as applicable, to fill the vacancy of the respective position at any given time. In the event that CVH exercises its veto rights in respect of the first two (2) persons proposed by Fintech Advisory or the Veto Third Party Shareholder, as applicable, to fill any vacancy of such positions, the Vice-Chairman of the Board shall select an Executive Search Firm to conduct a professional search for the best three (3) candidates available at such time to fill such vacant position and the Board members that were nominated by Fintech Advisory or the Veto Third Party Shareholder, as applicable, shall be entitled to nominate one (1) of those three (3) candidates as the person to be appointed by the Board as CFO or Internal Auditor, as the case may be.