Board Change. A change in the composition of the Board over a period of 24 consecutive months or less such that a majority of the Board members ceases to be comprised of individuals who either have been:
Appears in 2 contracts
Samples: Strictly Personal and Confidential (QLT Inc/Bc), Change of Control Agreement (QLT Inc/Bc)
Board Change. A change in the composition of the Board over a period of 24 consecutive months or less such that a majority of the Board members ceases to be comprised of individuals who either have been:
Appears in 2 contracts
Samples: Restricted Stock Unit Award Agreement (QLT Inc/Bc), Restricted Stock Unit Award Agreement (QLT Inc/Bc)