Board Representatives. Subject to the limitations set forth in this Section 10, the holders of a majority of New Astoria Registrable Securities shall have the right to designate up to the Applicable Number of representatives for election to the Board (individually a “Board Representative” and collectively the “Board Representatives”), which right, for the avoidance of doubt, shall not limit any other rights of the holders of New Astoria Registrable Securities under the Certificate of Incorporation. The terms and conditions governing the election, term of office, filling of vacancies and other features of such directorships shall be as follows:
Appears in 2 contracts
Sources: Investor Rights Agreement (US Power Generating CO), Investor Rights Agreement (US Power Generating CO)