Common use of Board Policies and Procedures Clause in Contracts

Board Policies and Procedures. Each Party acknowledges that the New Directors (or any Replacement Director), upon appointment to the Board, shall be governed by, and each New Director (or any Replacement Director) shall comply with, all of the same policies, processes, procedures, codes, rules, standards and guidelines applicable to members of the Board, and shall for the avoidance of doubt be required to strictly adhere to the policies on confidentiality, ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ and conflicts of interest imposed on all members of the Board. Each New Director (and any Replacement Director) shall be required to provide the Company with such information and authorizations as reasonably requested from all members of the Board as is required to be disclosed under applicable law or stock exchange regulations, in each case as promptly as necessary to enable the timely and accurate filing of the Company’s proxy statement and other periodic reports or legally required disclosures with the Securities and Exchange Commission (the “SEC”) and to applicable stock exchanges and regulatory authorities.

Board Policies and Procedures. Each Party party acknowledges that the each New Directors Director (or and any Replacement DirectorReplacement), upon appointment election to the Board, shall be governed byby (i) all applicable laws and regulations, and each New Director (or any Replacement Directorii) shall comply with, all of the same policies, processes, procedures, codes, rules, standards and guidelines applicable to members of the Board, Board and shall for the avoidance of doubt be required to strictly adhere to the policies on confidentiality, ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ and conflicts of interest confidentiality imposed on all members of the Board. Each New Director (and any Replacement DirectorReplacement) shall be required to provide the Company with such information and authorizations as reasonably requested from all members of the Board as is required to be disclosed under applicable law or stock exchange regulations, in each case as promptly as necessary to enable the timely and accurate filing of the Company’s proxy statement and other periodic reports or legally required disclosures with the Securities SEC. The Board shall determine appropriate committee assignments for the New Directors taking into account the composition of the Board, committee assignments and Exchange Commission (needs of the “SEC”) and to applicable stock exchanges and regulatory authoritiescommittees.

Board Policies and Procedures. Each Party acknowledges that the New Directors (or any Replacement Director), upon appointment to the Board, shall be governed by, by (i) all applicable laws and each New Director regulations and (or any Replacement Directorii) shall comply with, all of the same policies, processes, procedures, codes, rules, standards and guidelines applicable to non-employee, non-executive members of the Board, as in effect from time to time, and shall for the avoidance of doubt be required to strictly adhere to comply with the policies on confidentiality, ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ and conflicts of interest imposed on all non-employee, non-executive members of the Board. Each Party acknowledges that the New Director (and any Replacement Director) Directors shall be required to provide the Company with such information and authorizations as reasonably requested from all members of the Board as is required to be disclosed under applicable law or stock securities exchange regulations, in each case as promptly as necessary to enable the timely and accurate filing of the Company’s proxy statement and other periodic reports or legally required disclosures with the Securities and Exchange Commission (the “SEC”) and to applicable stock securities exchanges and regulatory authorities.

Board Policies and Procedures. Each Party party acknowledges that the each New Directors Director (or and any Replacement DirectorReplacement), upon appointment election to the Board, shall be governed byby (i) all applicable laws and regulations, and each New Director (or any Replacement Directorii) shall comply with, all of the same policies, processes, procedures, codes, rules, standards standards, and guidelines applicable to members of the Board, Board and shall for the avoidance of doubt be required to strictly adhere to the policies on confidentiality, ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ and conflicts of interest confidentiality imposed on all members of the Board. Each New Director (and any Replacement DirectorReplacement) shall be required to provide the Company with such information and authorizations as reasonably requested from all members of the Board as is required to be disclosed under applicable law or stock exchange regulations, in each case as promptly as necessary to enable the timely and accurate filing of the Company’s proxy statement and other periodic reports or legally required disclosures with the Securities SEC. The Board shall determine appropriate committee assignments for the New Directors taking into account the composition of the Board, committee assignments and Exchange Commission (needs of the “SEC”) and to applicable stock exchanges and regulatory authoritiescommittees.