Common use of Nominee Director Clause in Contracts

Nominee Director. The Company shall procure that one nominee designated by the Investor shall be appointed as a director of the Company (the “Nominee Director”). At Completion, the Company shall cause the Nominee Director to be appointed to fill the one (1) directorship reserved for the Nominee Director on the Board and the committees thereof. Concurrently with the appointment of the Nominee Director, such Nominee Director shall provide to the Company an appropriately responsive customary “D&O questionnaire” duly executed. If the Nominee Director no longer remains the Nominee Director for any reason, the Company shall cause the new Nominee Director selected by the Investor to be appointed to the Board. It is understood that the appointment of the Nominee Director as a director of the Board shall be subject to legal and governance requirements regarding service as a director of the Company.