Common use of Meetings; Notice Clause in Contracts

Meetings; Notice. Meetings of the Board of Directors may be called by a Chairman, the Chief Executive Officer or upon the written request of two Directors (provided, that after the expiration of the Initial Period, if at any time there is only one Oaktree Director, such Oaktree Director may call a meeting of the Board of Directors), on three business days’ notice (or, in the case of exigent circumstances, on 24 hours’ notice) to each Director, either personally, by telephone or by email. Notice of any such meeting need not be given to any Director, however, if waived by such Director in writing or by email or other form of electronic communication, or if such Director shall be present at such meeting.