Board Reserved Matters. The Parties shall use their respective powers to ensure, so far as they are legally able, that no action or activity falling into the scope of any of the Board Reserved Matters in respect of the Company is taken (whether by the Board, the Company, any Company Group Member, or any of the officers or managers within the Company Group) unless such matter has been approved by at least two-thirds or more of the Board at a duly constituted Board meeting. In respect of the Company, the Board Reserved Matters are:
Appears in 2 contracts
Sources: Shareholder Agreement, Shareholder Agreement (Mecox Lane LTD)