DSS Inc (DSS)

[Chas1961]

Per Prospectus

If DSS’s stockholders do not approve the Staggered Board Proposal, then the board of directors of DSS following the Merger shall initially consist of eight (8) directors, four of whom as designated by Lexington and the other four as designated by DSS, provided, that, prior to the closing of the Merger, DSS and Lexington will jointly identify a ninth person to be nominated as a member of the board of directors of DSS following the Effective Time. It is anticipated that such ninth person will be Richard M. Cohen. Approval of the Staggered Board Proposal, however, is not required to consummate the Merger and the transactions contemplated thereby.