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Common use of Independence Clause in Contracts

Independence. The Director acknowledges that his appointment hereunder is contingent upon the Board’s determination that he is “independent” with respect to the Company, in accordance with the listing requirements of the Nasdaq and NYSE American stock exchanges, and that his appointment may be terminated by the Company in the event that the Director does not maintain such independence standard.

Appears in 17 contracts

Samples: Independent Director Agreement (Cardiff Lexington Corp), Independent Director Agreement (Veg House Holdings Inc.), Independent Director Agreement (Reticulate Micro, Inc.)

Independence. The Director acknowledges that his appointment hereunder is contingent upon the Board’s determination that he is “independent” with respect to the Company, in accordance with the listing requirements of the Nasdaq and NYSE American stock exchanges, and that his appointment may be terminated by the Company in the event that the Director does not maintain such independence standard.

Appears in 11 contracts

Samples: Independent Director Agreement (Smart for Life, Inc.), Independent Director Agreement (Smart for Life, Inc.), Independent Director Agreement (CleanCore Solutions, Inc.)

Independence. The Director acknowledges that his appointment hereunder is contingent upon the Board’s determination that he is “independent” with respect to the Company, in accordance with the listing requirements of the The Nasdaq and NYSE American stock exchangesStock Market LLC, and that his appointment may be terminated by the Company in the event that the Director does not maintain such independence standard.

Appears in 5 contracts

Samples: Independent Director Agreement (Perfect Moment Ltd.), Independent Director Agreement (Perfect Moment Ltd.), Independent Director Agreement (Perfect Moment Ltd.)

Independence. The Director acknowledges that his appointment hereunder is contingent upon the Board’s determination that he is “independent” with respect to the Company, in accordance with the listing requirements as such term is defined by Section 5605(a)(2) of the Nasdaq and NYSE American stock exchangesStock Market Rules, and that his appointment may be terminated by the Company in the event that the Director does not maintain such independence standardindependence.

Appears in 3 contracts

Samples: Independent Director Agreement (Dragon Acquisition CORP), Independent Director Agreement (Dragon Acquisition CORP), Independent Director Agreement (Dragon Acquisition CORP)

Independence. The Director acknowledges that his appointment hereunder is contingent upon the Board’s determination that he is “independent” with respect to the Company, in accordance with the listing requirements of the Nasdaq and NYSE American stock exchangesNew York Stock Exchange, and that his appointment may be terminated by the Company in the event that the Director does not maintain such independence standard.

Appears in 2 contracts

Samples: Independent Director Agreement (Guardforce AI Co., LTD), Independent Director Agreement (1847 Holdings LLC)

Independence. The Director acknowledges that his her appointment hereunder is contingent upon the Board’s determination that he she is “independent” with respect to the Company, in accordance with the listing requirements of the The Nasdaq and NYSE American stock exchangesStock Market LLC, and that his her appointment may be terminated by the Company in the event that the Director does not maintain such independence standard.

Appears in 2 contracts

Samples: Independent Director Agreement (Perfect Moment Ltd.), Independent Director Agreement (Perfect Moment Ltd.)

Independence. The Director acknowledges that his or her appointment hereunder is contingent upon the Board’s determination that he or she is “independent” with respect to the Company, in accordance with the listing requirements of the Nasdaq and NYSE American stock exchangesStock Market, and that his appointment may be terminated by he or she shall resign as a Director upon written notice from the nomination and governance committee of the Company in that he or she ceases to qualify as an independent director pursuant to the event that listing requirements of the Director does not maintain such independence standardNasdaq Stock Market.

Appears in 2 contracts

Samples: Independent Director Agreement (Snow Lake Resources Ltd.), Independent Director Agreement (Snow Lake Resources Ltd.)

Independence. The Director acknowledges that his appointment hereunder is contingent upon the Board’s determination that he is “independent” with respect to the Company, in accordance with the listing requirements as such term is defined by Section 5605 of the Nasdaq and NYSE American stock exchangesStock Market’s Listing Rules, and that his appointment may be terminated by the Company in the event that the Director does not maintain such independence standardindependence.

Appears in 2 contracts

Samples: Independent Director Agreement (Aerkomm Inc.), Independent Director Agreement (Cellceutix CORP)

Independence. The Director acknowledges that his his/her appointment hereunder is contingent upon the Board’s determination that he he/she is “independent” with respect to the Company, in accordance with the listing requirements of the The Nasdaq and NYSE American stock exchangesStock Market, and that his his/her appointment may be terminated by the Company in the event that the Director does not maintain such independence standard.standard.]2

Appears in 1 contract

Samples: Director Service Agreement (Docter Inc.)

Independence. The Director acknowledges that his or her appointment hereunder is contingent upon the Board’s determination that he or she is “independent” with respect to the Company, in accordance with the listing requirements of the Nasdaq and NYSE American stock exchangesStock Market, and that his or her appointment may be terminated by the Company in the event that the Director does not maintain such independence standard.

Appears in 1 contract

Samples: Independent Director Agreement (Snow Lake Resources Ltd.)

Independence. The Director acknowledges that his or her appointment hereunder is contingent upon the Board’s determination that he or she is “independent” with respect to the Company, in accordance with the listing requirements of the Nasdaq and NYSE American LLC, or other stock exchangesexchanges that the Company’s securities are listed, and that his or her appointment may be terminated by the Company in the event that the Director does not maintain such independence standard.

Appears in 1 contract

Samples: Independent Director Agreement (Toppoint Holdings Inc.)

Independence. The Director acknowledges that his his/her appointment hereunder is contingent upon the Board’s determination that he he/she is “independent” with respect to the Company, in accordance with the listing requirements of the Nasdaq and NYSE American stock exchangesAmerican, and that his his/her appointment may be terminated by the Company in the event that the Director does not maintain such independence standard.

Appears in 1 contract

Samples: Independent Director Agreement (Marwynn Holdings, Inc.)

Independence. The Director acknowledges that his his/her appointment hereunder is contingent upon the Board’s determination that he he/she is “independent” with respect to the Company, in accordance with the listing requirements of the Nasdaq and NYSE American stock exchanges, and that his his/her appointment may be terminated by the Company in the event that the Director does not maintain such independence standard.

Appears in 1 contract

Samples: Director Agreement (Aeluma, Inc.)

Independence. The Director acknowledges that his appointment hereunder is contingent upon the Board’s determination that he is “independent” with respect to the Company, in accordance with the listing requirements of the The Nasdaq Stock Market LLC and NYSE American LLC stock exchanges, and that his appointment may be terminated by the Company in the event that the Director does not maintain such independence standard.

Appears in 1 contract

Samples: Independent Director Agreement (RoyaLand Co Ltd.)

Independence. The Director acknowledges that his or her appointment hereunder is contingent upon the Board’s determination that he or she is “independent” with respect to the Company, in accordance with the listing requirements of the Nasdaq and NYSE American stock exchangesexchange, and that his or her appointment may be terminated by the Company in the event that the Director does not maintain such independence standard.

Appears in 1 contract

Samples: Independent Director Agreement (Toppoint Holdings Inc.)

Independence. The Director acknowledges that his appointment hereunder is contingent upon the Board’s determination that he is “independent” with respect to the Company, in accordance with the listing requirements of the Nasdaq and NYSE American stock exchangesexchange, and that his appointment may be terminated by the Company in the event that the Director does not maintain such independence standard.

Appears in 1 contract

Samples: Independent Director Agreement (LQR House Inc.)

Independence. The Director acknowledges that his the Director’s appointment hereunder is contingent upon the Board’s determination that he the Director is “independent” with respect to the Company, in accordance with the listing requirements of the Nasdaq and NYSE American stock exchanges, and that his the Director’s appointment may be terminated by the Company in the event that the Director does not maintain such independence standard.

Appears in 1 contract

Samples: Independent Director Agreement (GenesisAI Corp)

Independence. The Director acknowledges that his his/her appointment hereunder is contingent upon the Board’s determination that he he/she is “independent” with respect to the Company, in accordance with the listing requirements of the The Nasdaq and NYSE American stock exchangesStock Market, and that his his/her appointment may be terminated by the Company in the event that the Director does not maintain such independence standard.standard.]1

Appears in 1 contract

Samples: Director Service Agreement (Prime Number Holding LTD)

Independence. The Director acknowledges that his appointment hereunder is contingent upon the Board’s determination that he is “independent” with respect to the Company, in accordance with the listing requirements as such term is defined by Section 303A.02 of the Nasdaq and NYSE American stock exchangesNew York Stock Exchange’s Listed Company Manual, and that his appointment may be terminated by the Company in the event that the Director does not maintain such independence standardindependence.

Appears in 1 contract

Samples: Independent Director Agreement (CHINA NEW BORUN Corp)