One Director Voting Requirement

Example Definitions of "One Director Voting Requirement"
One Director Voting Requirement. Means that the Investor Parties beneficially own at least 45 shares of Series A Preferred Stock that are not subject to the Voting Cap (as defined in the Certificate of Designation) (as equitably adjusted for any stock split, reverse stock split, recapitalization or similar event with respect to the Common Shares).
Found in Interpace Diagnostics Group, Inc. contract
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