Common use of Qualifications and Information Clause in Contracts

Qualifications and Information. Notwithstanding anything to the contrary contained in this Agreement, each Gulfport Director designated by Gulfport shall, (A) in the reasonable judgment of the Board, have the requisite skill and experience to serve as a director of a publicly traded company, and (B) not be prohibited or disqualified from serving as a director of Company pursuant to the applicable rules and regulations of the SEC and the Marketplace Rules or by applicable Law. The Board may adopt additional reasonable standards of skill and experience desired of potential candidates for nomination to the Board, which will be reflected in a charter of a committee of the Board or other similar document. Gulfport shall timely provide the Company with accurate and complete information relating to any Gulfport Director that may be required to be disclosed by the Company under the Exchange Act. In addition, at the Company’s request, Gulfport shall cause any Gulfport Director to complete and execute the Company’s standard Director and Officer Questionnaire prior to being admitted to the Board or any committee thereof or standing for reelection at an annual meeting of the Company’s stockholders or at such other time as may be requested by the Company.

Appears in 3 contracts

Samples: Investor Rights Agreement (Mammoth Energy Services, Inc.), Investor Rights Agreement (Mammoth Energy Services, Inc.), Investor Rights Agreement (Mammoth Energy Services, Inc.)

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Qualifications and Information. Notwithstanding anything to the contrary contained in this Agreement, each Gulfport Director designated by Gulfport shall, (A) in the reasonable judgment of the Board, have the requisite skill and experience to serve as a director of a publicly traded company, and (B) not be prohibited or disqualified from serving as a director of Company General Partner pursuant to the applicable rules and regulations of the SEC and the Marketplace Rules or by applicable Law. The Board may adopt additional reasonable standards of skill and experience desired of potential candidates for nomination to the Board, which will be reflected in a charter of a committee of the Board or other similar document. Gulfport shall timely provide the Company Limited Partnership with accurate and complete information relating to any Gulfport Director that may be required to be disclosed by the Company Limited Partnership under the Exchange Act. In addition, at the CompanyGeneral Partner’s request, Gulfport shall cause any Gulfport Director to complete and execute the CompanyGeneral Partner’s standard Director and Officer Questionnaire prior to being admitted named to the Board or any committee thereof or standing for reelection at an annual meeting of the Company’s stockholders or at such other time as may be requested by the CompanyGeneral Partner.

Appears in 1 contract

Samples: Investor Rights Agreement (Mammoth Energy Partners LP)

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