Representative Right Sample Clauses

Representative Right. For a period of five years from the Effective Date (“Board Period”), upon notice from Xxxxxxx to the Company, Xxxxxxx shall have the right to send a representative (who need not be the same individual from meeting to meeting) to observe each meeting of the Board of Directors of the Company; provided that such representative shall sign a Regulation FD compliant confidentiality agreement which is reasonably acceptable to Xxxxxxx and its counsel in connection with such representative’s attendance at meetings of the Board of Directors; and provided further that upon written notice to Xxxxxxx, the Company may exclude the representative from meetings (or from the relevant portions of meetings) where, in the written opinion of counsel for the Company, the representative’s presence would destroy the attorney-client privilege. The Company agrees to give Xxxxxxx written notice of each such meeting and to provide Xxxxxxx with an agenda and minutes of the meeting no later than it gives such notice and provides such items to the other directors, and reimburse the representative of Xxxxxxx for its reasonable out-of-pocket expenses incurred in connection with its attendance at the meeting, including but not limited to, food, lodging and transportation.