Matters Requiring Investor Director Approval. So long as the holders of Series A Preferred Shares 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 all the Series A Directors and a majority of the Rainy Day Directors:
Appears in 3 contracts
Samples: Rights Agreement, Investors’ Rights Agreement (DAVIDsTEA Inc.), Investors’ Rights Agreement (DAVIDsTEA Inc.)
Matters Requiring Investor Director Approval. So long as the holders of Series A Preferred Shares 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 all the at least one Series A Directors and a majority of the Rainy Day DirectorsDirector:”.
Appears in 2 contracts
Samples: Rights Agreement (Nerdwallet, Inc.), Rights Agreement (Nerdwallet, Inc.)
Matters Requiring Investor Director Approval. So long as the holders of Series A Preferred Shares 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 all the Series A Directors and a majority of the Rainy Day DirectorsDirector:
Appears in 2 contracts
Samples: Investors’ Rights Agreement (Anebulo Pharmaceuticals, Inc.), Investors’ Rights Agreement (Groundfloor Finance Inc.)
