Additional Independent Director. ComVest and Medtronic shall jointly designate one addition director of the Company who shall be an "independent director" in accordance with the requirements of the Amex, and who shall have experience in the Company's industry; provided that such designation shall be approved by the Board of Directors of the Company, which approval may not be unreasonably withheld or delayed.
Appears in 2 contracts
Sources: Securityholders Agreement (Horizon Medical Products Inc), Securityholders Agreement (Horizon Medical Products Inc)