Common use of Board Matters Clause in Contracts

Board Matters. The Company shall reimburse the nonemployee directors for all reasonable out-of-pocket travel expenses incurred (consistent with the Company’s travel policy) in connection with attending meetings of the Board (or any applicable committee thereof). Each Preferred Director shall be entitled in such person’s discretion to be a member of any committee of the Board other than committees constituted under criteria of independence or disinterestedness unmet by such Preferred Director.

Board Matters. The Company shall reimburse the nonemployee directors and the Board Observers for all reasonable out-of-pocket travel expenses incurred (consistent with the Company’s travel policy) in connection with attending meetings of the Board (or any applicable committee thereof)of Directors. The Company shall cause to be established, as soon as practicable after such request, and will maintain, an audit and compensation committee, each of which shall consist solely of non-management directors. Each Preferred Director non-employee director shall be entitled in such person’s discretion to be a member of any committee of the Board other than committees constituted under criteria of independence or disinterestedness unmet by such Preferred Directorcommittee.

Board Matters. The Company shall reimburse the nonemployee directors for all reasonable out-of-pocket travel expenses incurred (consistent with the Company’s travel policy) in connection with attending meetings of the Board (or and any applicable committee committees and subcommittees thereof). The Company shall cause to be established, as soon as practicable after such request, and will maintain, an audit and compensation committee, each of which shall consist solely of non-management directors. Each Preferred Director non-employee director shall be entitled in such person’s discretion to be a member of any committee all committees and subcommittees of the Board other than committees constituted under criteria of independence or disinterestedness unmet by such Preferred DirectorBoard.

Board Matters. The Company shall reimburse the nonemployee directors for all reasonable out-of-pocket travel expenses incurred (consistent with the Company’s travel policy) in connection with attending meetings of the Board (or any applicable committee thereof)Board. The Company shall cause to be established, as soon as practicable after such request, and will maintain, an audit and compensation committee, each of which shall consist solely of non-management directors. Each such committee shall include the Preferred Directors, unless a Preferred Director shall be entitled in such person’s discretion declines to be a member of any committee of the Board other than committees constituted under criteria of independence or disinterestedness unmet by such Preferred Directorparticipate.

Board Matters. The Company shall reimburse the nonemployee directors each non-employee director for all reasonable out-of-pocket travel expenses incurred (consistent with the Company’s travel policy) in connection with attending meetings of the Board (or any applicable committee thereof)Board. Each Preferred Director non-employee director shall be entitled in such person’s discretion to be a member of any committee of the Board other than committees constituted under criteria of independence or disinterestedness unmet by such Preferred DirectorBoard.

Board Matters. The Company shall reimburse the nonemployee [nonemployee] directors for all reasonable out-of-pocket travel expenses incurred (consistent with the Company’s 's travel policy) in connection with attending meetings of the Board (or any applicable committee thereof)of Directors. [The Company shall cause to be established, as soon as practicable after such request, and will maintain, an audit and compensation committee, each of which shall consist solely of non-management directors. Each Preferred Director non-employee director shall be entitled in such person’s 's discretion to be a member of any committee [all] [the audit and compensation] committees of the Board other than committees constituted under criteria of independence or disinterestedness unmet by such Preferred Director.Directors.]59

Board Matters. The Company shall reimburse the nonemployee directors for all reasonable out-of-pocket travel expenses incurred (consistent with the Company’s travel policy) in connection with attending meetings of the Board (or any applicable committee thereof)of Directors. Each Preferred Director shall be entitled in such person’s discretion to be a member of any each committee of the Board other than committees constituted under criteria of independence or disinterestedness unmet by such Preferred DirectorDirectors, if applicable, absent a conflict of interest.

Board Matters. The Company shall reimburse the nonemployee non-employee directors for all reasonable out-of-pocket travel expenses incurred (consistent with the Company’s travel policy) in connection with attending meetings of the Board (or any applicable committee thereof)of Directors. Each Preferred Director non-employee director shall be entitled in such person’s discretion to be a member of any committee all committees of the Board other than committees constituted under criteria of independence or disinterestedness unmet by such Preferred DirectorDirectors.

Board Matters. The Company shall reimburse the nonemployee directors for all reasonable out-of-pocket travel expenses incurred (consistent with the Company’s travel policy) in connection with attending meetings of the Board (or any applicable committee thereof)Board. The Company shall cause to be established, as soon as practicable after request of the Board, including the Preferred Director, and will maintain, an audit and compensation committee, each of which shall consist solely of non-management directors. Each Preferred Director shall be entitled in such person’s discretion to be a member of any committee of the Board other than committees constituted under criteria of independence or disinterestedness unmet by such shall include the Preferred DirectorDirector unless the Preferred Director otherwise notifies the Company in writing.

Board Matters. The Company shall reimburse the nonemployee directors and observers for all reasonable out-of-pocket travel expenses incurred (consistent with the Company’s travel policy) in connection with attending meetings of the Board (or committee meetings or any applicable committee thereof)other activities, which are required and/or requested by the Company and that involve expenses. Each Preferred Director shall be entitled in such person’s discretion have the right to be a member of any committee of the Board other than committees constituted under criteria of independence or disinterestedness unmet by such Preferred DirectorBoard.

Board Matters. The Company shall reimburse the nonemployee non-employee directors for all reasonable out-of-pocket travel expenses incurred (consistent with the Company’s travel policy) in connection with attending meetings of the Board (or any applicable committee thereof)of Directors. The Company shall cause to be established, as soon as practicable after such request, and will maintain, an audit and compensation committee, each of which shall consist solely of non-management directors. Each Preferred Director non-employee director shall be entitled in such person’s discretion to be a member of any committee all committees of the Board other than committees constituted under criteria of independence or disinterestedness unmet by such Preferred DirectorDirectors.