Common use of The Board Clause in Contracts

The Board. 6.1 The appointment, dismissal and conduct of the Board shall be regulated in accordance with this agreement and the Articles. 6.2 In accordance with the Articles, for so long as an Investor or its Permitted Transferees hold any of the Ordinary Shares in issue they shall have the right to appoint a representative to attend as an observer at each and any meeting of the board and of each and any committee of the Board. 6.3 Meetings of the Board will be convened and held not less than 4 times per year at regular intervals. 6.4 The Company shall send to the Investor and any observers appointed under clause 6.2: 6.4.1 reasonable advance notice of each Board meeting and each committee of it; and 6.4.2 a written agenda for each Board meeting and each committee meeting, accompanied by all relevant papers. 6.5 The parties shall use their respective reasonable endeavours to ensure that any Board meeting (or meeting of a committee of the Board) and every general meeting of the Company has the requisite quorum.

The Board. 6.1 The appointment, dismissal and conduct of the Board shall be regulated in accordance with this agreement and the Articles. 6.2 In accordance with the Articles, for so long as an Investor or its Permitted Transferees hold any of the Ordinary Shares in issue they shall have the right to appoint a representative to attend as an observer at each and any meeting of the board and of each and any committee of the Board. 6.3 Meetings of the Board will be convened and held not less than 4 times per year at regular intervals. 6.4 The Company shall send to the Investor and any observers appointed under clause 6.2: 6.4.1 reasonable advance notice of each Board meeting and each committee of it; it; and 6.4.2 a written agenda for each Board meeting and each committee meeting, accompanied by all relevant papers. 6.5 The parties shall use their respective reasonable endeavours to ensure that any Board meeting (or meeting of a committee of the Board) and every general meeting of the Company has the requisite quorum.