Document ID: 11248

Text:
(b) The individuals who, as of the date of this Agreement, were members of the Board (the Incumbent Board) cease for any reason to constitute at least 66 2/3% of the Board; provided, however, that if the election, or a nomination for election by the Companys shareholders, of any new director was approved by a vote of at least 66 2/3% of the Incumbent Board, such new director shall be considered as a member of the Incumbent Board; provided further, however, that no individual shall be considered a member of the Incumbent Board if such individual initially assumed office as a result of either an actual or threatened Election Contest (as described in Rule14a-11 promulgated under the 1934 Act ) or other actual or threatened solicitation of the proxies or consents by or on behalf of a Person other than the Board (a Proxy Contest) including by reason of any agreement intended to avoid or settle any Election Contest or Proxy Contest; or

Named Entities:
33
37
Percentage
135
135
Regulation
139
140
Act

Tokenized Text:
(
b
)
The
individuals
who
,
as
of
the
date
of
this
Agreement
,
were
members
of
the
Board
(
the
Incumbent
Board
)
cease
for
any
reason
to
constitute
at
least
66
2
/
3
%
of
the
Board
;
provided
,
however
,
that
if
the
election
,
or
a
nomination
for
election
by
the
Companys
shareholders
,
of
any
new
director
was
approved
by
a
vote
of
at
least
66
2
/
3
%
of
the
Incumbent
Board
,
such
new
director
shall
be
considered
as
a
member
of
the
Incumbent
Board
;
provided
further
,
however
,
that
no
individual
shall
be
considered
a
member
of
the
Incumbent
Board
if
such
individual
initially
assumed
office
as
a
result
of
either
an
actual
or
threatened
Election
Contest
(
as
described
in
Rule14a-11
promulgated
under
the
1934
Act
)
or
other
actual
or
threatened
solicitation
of
the
proxies
or
consents
by
or
on
behalf
of
a
Person
other
than
the
Board
(
a
Proxy
Contest
)
including
by
reason
of
any
agreement
intended
to
avoid
or
settle
any
Election
Contest
or
Proxy
Contest
;
or