Common use of Matters Requiring Investor Director Approval Clause in Contracts

Matters Requiring Investor Director Approval. So long as the holders of Series A Preferred Stock are entitled to elect a Series A Director, the Company hereby covenants and agrees with each of the Investors that it shall not, without approval of the Board of Directors, which approval must include the affirmative vote of the Series A Directors:

Appears in 4 contracts

Samples: Rights Agreement (Nerdwallet, Inc.), Rights Agreement (Nerdwallet, Inc.), Investors’ Rights Agreement (Jaguar Animal Health, Inc.)

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Matters Requiring Investor Director Approval. So long as either (x) the holders of Series A Preferred Stock are entitled to elect a one or more Series A DirectorDirectors or (y) the holders of the Series B Preferred Stock are entitled to elect one or more Series B Directors, the Company hereby covenants and agrees with each of the Investors that it shall not, nor shall it permit any subsidiary of the Company to, without approval of the Board of DirectorsBoard, which approval must include the affirmative vote of a majority of the Preferred Directors (which majority shall include a Series A DirectorsB Director), or the approval of the Requisite Holders:

Appears in 4 contracts

Samples: Investors’ Rights Agreement (Gossamer Bio, Inc.), Investors’ Rights Agreement (Gossamer Bio, Inc.), Rights Agreement

Matters Requiring Investor Director Approval. So In addition to any other consents required hereunder or under the Certificate of Incorporation, so long as the holders of Series A A-1 Preferred Stock and Series A-2 Preferred Stock are entitled to elect a at least one Series A Director, the Company hereby covenants and agrees with each of the Investors that it shall not, nor shall it permit any subsidiary to, directly or indirectly, by amendment, merger, consolidation or otherwise, without approval of the Board of Directors, which approval must include the affirmative vote of at least a majority of the Series A Directors:

Appears in 2 contracts

Samples: Investors’ Rights Agreement (Wayfair Inc.), Investors’ Rights Agreement (Wayfair Inc.)

Matters Requiring Investor Director Approval. So long as the holders of Series A Preferred Stock, Series B Preferred Stock and Series C Preferred Stock are entitled to elect a Series A Preferred Director, the Company hereby covenants and agrees with each of the Investors holding shares of Series A Preferred Stock, Series B Preferred Stock and Series C Preferred Stock that it shall not, nor shall it permit any subsidiary to, without approval of the Board of Directors, which approval must include the affirmative vote of the Series A DirectorsPreferred Director:

Appears in 2 contracts

Samples: Investors’ Rights Agreement (Seres Therapeutics, Inc.), Adoption Agreement (Seres Therapeutics, Inc.)

Matters Requiring Investor Director Approval. So long as the holders of Series A B-2 Preferred Stock are entitled to elect a Preferred B-2 Director and/or the holders of Series A B Preferred Stock are entitled to elect a Preferred B Director, the Company hereby covenants and agrees with each of the Investors Stockholders that it shall not, without approval of the Board of Directors, which approval must include the affirmative vote of the Series A Directors:at least one of Preferred B-2 Director (if any are then serving) and at least one Preferred B Director (if any are then serving):

Appears in 1 contract

Samples: Stockholders’ Agreement (iTeos Therapeutics, Inc.)

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Matters Requiring Investor Director Approval. So long as the holders of Series A A2 Preferred Stock, Series B Preferred Stock, Series C Preferred Stock, Series D Preferred Stock and Series E Preferred Stock are entitled to elect a Series A at least one (1) Preferred Director, the Company hereby covenants and agrees with each of the Investors that it shall not, without approval of the Board of DirectorsBoard, which approval must include the affirmative vote of at least two (2) of the Series A Directors:Preferred Directors (or if there be only one (1) Preferred Director, then the affirmative vote of the Preferred Director):

Appears in 1 contract

Samples: Investors’ Rights Agreement (Sera Prognostics, Inc.)

Matters Requiring Investor Director Approval. So long as the holders of Series A Preferred Stock are entitled to elect a Series A Director or the holders of Series B Preferred Stock are entitled to elect a Series B Director, the Company hereby covenants and agrees with each of the Investors that it shall not, without approval of the Board of Directors, which approval must include the affirmative vote of the Series B Director and at least one (1) Series A DirectorsDirector:

Appears in 1 contract

Samples: ’s Rights Agreement (Landos Biopharma, Inc.)

Matters Requiring Investor Director Approval. So long as the holders of Series A Preferred Stock or Series B Preferred Stock are entitled to elect a Series A Preferred Director, the Company hereby covenants and agrees with each of the Investors that it shall not, without approval of the Board of Directors, which approval must include the affirmative vote of a majority of the Preferred Directors (and, in the case of clauses (i) and (j) below, each of the Preferred Directors elected by the holders of Series A Directors:B Preferred Stock):

Appears in 1 contract

Samples: Investors’ Rights Agreement (Gemini Therapeutics, Inc. /DE)

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