Common use of Committees Generally Clause in Contracts

Committees Generally. The Board may, from time to time, designate one or more committees, each of which shall, except as otherwise expressly provided in this Agreement, include representation of GTCR Managers and CABO Managers on such committee proportionate to the total number of GTCR Managers and CABO Managers that may be designated pursuant to Section 5.2(a). At every meeting of any such committee, the presence of a majority of all the members thereof and at least one GTCR Manager shall constitute a quorum, and except as otherwise provided in this Agreement, the act of the Managers holding a majority of the total votes present at a meeting of such committee at which a quorum is present shall be the act of such committee. Once a quorum is present to commence a meeting of such committee, such quorum shall be broken as soon as no GTCR Managers remain present at such meeting and no further business may be transacted at such meeting until such time as a quorum shall again be present. The voting rights of the GTCR Managers with respect to any such committee shall be commensurate with the voting rights of the Investor Managers with respect to the Board. The Board may dissolve any committee at any time, unless otherwise provided in the Certificate or this Agreement.