Nominating and Corporate Governance
The Nominating and Corporate Governance Committee (the “committee”) is appointed by the Board of Directors of Esports Entertainment Group, Inc. (the “Company”) and is responsible for developing and implementing policies and procedures that relate to the Board’s responsibilities for general corporate governance including Board organization, membership and evaluation to meet its fiduciary obligations to Esports Entertainment Group, Inc. and its shareholders.
The committee will be composed of not less than three Board members whereby two members will be “independent” in accordance with applicable law. The Board of Directors shall appoint the Chair of the Committee and its members. The Chair of the Committee can be removed by the Board of Directors with, or without cause. The Board of Directors can appoint new members when vacancies occur or in the event that the Board of Directors determines that the number of the committee members be increased. The Chair of the Board or any member of the Committee may call meetings of the committee. The Committee shall have the authority to delegate any of its responsibilities to subcommittees as the Committee deems appropriate provided that the subcommittees are composed of independent directors.