Common use of Consent or Approval of Company Clause in Contracts

Consent or Approval of Company. Whenever the waiver, consent or approval of the Company is required herein or is desired to amend this Agreement or waive any requirement in this Agreement, such consent, approval, amendment or waiver may only be given by the Company if and when approved by a majority of the Company’s then Board of Directors. Stockholder agrees to recuse himself from any future Board votes regarding any waiver, consent or approval of the Company regarding this Lock-Up Agreement. If Vxxxxx Xxxxxx is the sole Director of the Company, no consent, approval, amendment or waiver may be executed regarding this Lock-Up Agreement.

Appears in 4 contracts

Samples: Lock Up Agreement (Grover Vikram P), Lock Up Agreement (Grover Vikram P), Lock Up Agreement (Grover Vikram P)

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