Matters Requiring Investor Director Approval. So long as the holders of Series A Stock are entitled to elect a Series A Director, the Company hereby covenants and agrees with each of the Investors that it shall not after the date hereof, without approval of the Board of Directors, which approval must include the affirmative vote of a majority of the Series A Directors:
Appears in 2 contracts
Samples: Investors’ Rights Agreement (Everspin Technologies Inc), Investors’ Rights Agreement (Everspin Technologies Inc)
Matters Requiring Investor Director Approval. So long as the holders of Series A A-3 Preferred Stock are entitled to elect a Series A A-3 Director, the Company hereby covenants and agrees with each of the Investors that it shall not after the date hereofnot, nor shall it permit any subsidiary to, without approval of the Board of Directors, which approval must include the affirmative vote of a majority of the at least one Series A DirectorsA-3 Director:
Appears in 2 contracts
Samples: Investors’ Rights Agreement (Sienna Biopharmaceuticals, Inc.), Investors’ Rights Agreement (Sienna Biopharmaceuticals, Inc.)
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 after the date hereofnot, without approval of the Board of Directors, which approval must include the affirmative vote of a majority at least three of the Series A Directors:
Appears in 1 contract
