Board Observer Rights Agreement Sample Contracts

IRONPLANET, INC.
Board Observer Rights Agreement • May 4th, 2010 • IronPlanet Inc. • Services-business services, nec

This letter will confirm our agreement with you in connection with your equity interest in IronPlanet, Inc., a Delaware corporation (the “Company”), and effective as of March 15, 2010, Komatsu America Corp. (the “Investor”) will be entitled to the following board observer rights.

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August 16, 2011
Board Observer Rights Agreement • September 12th, 2011 • ShoreTel Inc • Telephone & telegraph apparatus
November 2, 2016 StartEngine Crowdfunding, Inc. Santa Monica, CA 90403
Board Observer Rights Agreement • June 29th, 2018 • Startengine Crowdfunding, Inc. • Services-computer processing & data preparation • Delaware
GI DYNAMICS, INC. November 18, 2019
Board Observer Rights Agreement • November 19th, 2019 • Gi Dynamics, Inc. • Surgical & medical instruments & apparatus • Delaware

This letter agreement (this “Agreement”) will confirm the agreement between GI Dynamics, Inc., a Delaware corporation (the “Company”) and Crystal Amber Fund Limited (the “Shareholder”), regarding the following rights of the Shareholder to appoint an observer to attend meetings of the Company’s Board of Directors (the “Board”).

ARCH COAL, INC. October 5, 2016
Board Observer Rights Agreement • October 17th, 2016 • Monarch Debt Recovery Master Fund LTD • Bituminous coal & lignite surface mining

This letter will confirm our agreement that Monarch Alternative Capital LP, as representative of certain affiliated investment funds that hold or are expected to hold shares of common stock issued by the Company (as defined below) (the “Shareholder”), will be entitled to the following observer rights on the Board of Directors (the “Board”) of Arch Coal, Inc. (the “Company”).

Grifols S.A.
Board Observer Rights Agreement • November 12th, 2015 • Aradigm Corp • Electromedical & electrotherapeutic apparatus

This letter agreement will confirm our agreement in connect ion to the composition of the board of directors (the “Board”) of Aradigm Corporation (the “Company”} as set forth in the Governance Agreement dated August 27, 2013 (“Governance Agreement”) by and between the Company and Grifols, S.A (“Grifols”).

Mirati Therapeutics, Inc.
Board Observer Rights Agreement • October 4th, 2019 • Baker Bros. Advisors Lp • Pharmaceutical preparations

Mirati Therapeutics, Inc., a Delaware corporation (the “Company”) and fund partnerships affiliated with Baker Bros. Advisors LP (collectively, the “Investor”) hereby agree as follows:

Townsquare Media, Inc. Greenwich, CT 06830
Board Observer Rights Agreement • August 25th, 2016 • Madison Square Garden Co • Services-miscellaneous amusement & recreation • Delaware

This letter agreement (“Letter Agreement”) evidences our agreement regarding the right of Madison Square Garden Investments, LLC (the “Investor”), to designate one representative to attend and observe meetings of the board of directors (the “Board”) of Townsquare Media, Inc., a Delaware corporation (the “Corporation”).

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