Further Obligations by the Company. The Company hereby agrees that during the Qualifying Ownership Period it shall: (i) unless otherwise consented to by the Investor Designee, provide the Investor Designees at least five (5) business days advance written notice to any meeting of the Board of Directors, notice which shall include the agenda proposed by the Chairman of the Board of Directors (and for any committee of the Board of Directors if no member of such committee is an Investor Designee) and any documents or information to be addressed or discussed during such meeting; and (ii) furnish the Investor Designees with such financial and operating data and other information with respect to the business, finance and properties of the Company as the Company prepares and compiles for members of its Board of Directors in the ordinary course.
Appears in 4 contracts
Samples: Directors Designation Agreement, Directors Designation Agreement (Supertel Hospitality Inc), Directors Designation Agreement (Supertel Hospitality Inc)
