Common use of Sponsor Representation Clause in Contracts

Sponsor Representation. PubCo shall take all Necessary Action to include in the slate of nominees recommended by PubCo for election as directors at each applicable annual or special meeting of stockholders at which directors are to be elected including, for the avoidance of doubt, the Special Meeting, a number of individuals designated by the Sponsor that, if elected, will result in the Sponsor having a number of directors serving on the Board as shown below: 50% or greater 3 25% or greater, but less than 50% 2 Greater than 0%, but less than 25% 1