Common use of Directors' Meetings Clause in Contracts

Directors' Meetings. Hold meetings of the Board at least once every two (2) months; give Investor at least five (5) days' notice of, and permit an officer or other representative of Investor or any Person designated by Investor to attend as an observer, all meetings of the Board and all meetings of committees of the Board; furnish Investor and its designated representative with a complete and accurate copy of the minutes and other records of all meetings and other proceedings of the Board and its committees as well as of the written consents of members of the Board by which action is taken by the Board or any committee without a meeting, and minutes and written consents relating to action taken by the shareholders of the Company; provided, that, if a meeting of the Board or any committee thereof is required to be held on shorter notice than five (5) days, waiver of the notice contained in this Section 7.7 shall not be unreasonably withheld; and also furnish Investor and its designated representative with a complete and accurate copy of the minutes of the meetings and the written consents with respect to action taken without a meeting of the board of directors and committees of each Subsidiary and of the stockholders of each Subsidiary. The Company will pay the reasonable out-of-pocket expenses of such Persons in attending such meetings.

Directors' Meetings. Hold meetings of the Board at least once every two (2) months; give Investor the Series B Investors at least five (5) days' notice of, and permit an officer or other representative of Investor the Series B Investors or any Person designated by Investor the Series B Investors to attend as an observer, all meetings of the Board and all meetings of committees of the Board; furnish Investor the Series B Investors and its designated representative with a complete and accurate copy of the minutes and other records of all meetings and other proceedings of the Board and its committees as well as of the written consents of members of the Board by which action is taken by the Board or any committee without a meeting, and minutes and written consents relating to action taken by the shareholders of the Company; provided, that, if a meeting of the Board or any committee thereof is required to be held on shorter notice than five (5) days, waiver of the notice contained in this Section 7.7 shall not be unreasonably withheld; and also furnish Investor the Series B Investors and its their designated representative representatives with a complete and accurate copy of the minutes of the meetings and the written consents with respect to action taken without a meeting of the board of directors and committees of each Subsidiary and of the stockholders of each Subsidiary. The Company will pay the reasonable out-of-pocket expenses of such Persons in attending such meetings.

Directors' Meetings. Hold meetings of the Board at least once every two (2) months; give Investor Vulcan at least five (5) days' notice of, and permit an officer or other representative of Investor Vulcan or any Person designated by Investor Vulcan to attend as an observer, all meetings of the Board and all meetings of committees of the Board; furnish Investor Vulcan and its designated representative with a complete and accurate copy of the minutes and other records of all meetings and other proceedings of the Board and its committees as well as of the written consents of members of the Board by which action is taken by the Board or any committee without a meeting, and minutes and written consents relating to action taken by the shareholders of the Company; provided, that, if a meeting of the Board or any committee thereof is required to be held on shorter notice than five (5) days, waiver of the notice contained in this Section 7.7 shall not be unreasonably withheld; and also furnish Investor Vulcan and its designated representative representatives with a complete and accurate copy of the minutes of the meetings and the written consents with respect to action taken without a meeting of the board of directors and committees of each Subsidiary and of the stockholders shareholders of each Subsidiary. The Company will pay the reasonable out-of-pocket expenses of such Persons in attending such meetings.