Common use of Other Board Committees Clause in Contracts

Other Board Committees. The Board and all applicable committees of the Board shall take all necessary actions to (A) provide each of the Independent Designees, immediately upon their respective appointment to the Board, the opportunity to be appointed to at least one (1) standing committee of the Board other than the Operating Committee (which shall be subject to the provisions of Section 1(b)(i) above) and upon such Independent Designee’s consent to serve, immediately appoint such Independent Designee to such standing committee(s) of the Board and (B) provide the opportunity for at least one (1) of the Independent Designees to be appointed to each committee of the Board other than the Operating Committee (which shall be subject to the provisions of Section 1(b)(i) above) and upon any such Independent Designee’s consent to serve, immediately appoint any such Independent Designee to any such standing committee(s) of the Board.

Appears in 2 contracts

Sources: Agreement (Box Inc), Agreement (Starboard Value LP)