Governance Committee. Within sixty (60) calendar days of the Closing, the Company shall have established a formal governance committee with respect to each Group Company’s compliance with Data Security Laws. The committee shall be composed of competent, qualified, manager-level employees, including the Company’s Data Security Officer (to the extent that a Data Security Officer has been hired within such sixty (60) day time period), General Counsel, and Chief Technology Officer, and shall operate under a written charter setting forth the committee’s mission, authority, responsibilities, composition, meeting frequency, and such other items as are appropriate for a committee charter and be responsible for the establishment of relevant policies, procedures, and controls to ensure compliance with Data Security Laws. The committee shall report to the Company’s Board of Directors.
Appears in 5 contracts
Samples: Series D+ Preferred Share and Warrant Purchase Agreement (WeRide Inc.), Ordinary Share Purchase Agreement (WeRide Inc.), Preferred Share Purchase Agreement (WeRide Inc.)
