Common use of Matters Requiring Investor Director Approval Clause in Contracts

Matters Requiring Investor Director Approval. The Company hereby covenants and agrees with each of the Investors that it shall not offer or decide to hire any family member of an employee without the prior unanimous approval of the Board.

Appears in 4 contracts

Samples: Rights Agreement (Endostim, Inc.), Rights Agreement (Endostim, Inc.), Rights Agreement (Endostim, Inc.)

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Matters Requiring Investor Director Approval. The Company hereby covenants and agrees with each of the Investors that it shall not offer or decide to hire any family member of an employee not, without the prior unanimous approval of the Board.Board of Directors, which approval must include the affirmative vote of a majority of the Investor Directors so long as there are any Investor Directors:

Appears in 3 contracts

Samples: Adoption Agreement, Adoption Agreement (Rhythm Pharmaceuticals, Inc.), Adoption Agreement (Rhythm Pharmaceuticals, Inc.)

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