Outside Directorships. In the event the Executive is invited, solicited or otherwise asked to become a director, advisor or consultant for any entity or organization of any type or function whatsoever (other than the Company or its Subsidiaries, or any religious, charitable or civic organization), the Executive shall notify the Board in writing of such invitation, the entity or organization extending the invitation and the capacity to be served by the Executive for such entity or organization. The Board shall have the sole power and authority to authorize the Executive to accept such invitation based on such criteria and standards as the Board may determine, and the Executive shall not accept such invitation without the Board’s prior written consent, which consent shall not be unreasonably withheld.
Outside Directorships. The Company shall provide Executive with sufficient time to serve as a director of other companies so long as such directorships do not unreasonably interfere with Executive's duties with the Company.
Outside Directorships. Vice Presidents and above may not serve as an officer or on the Board of Directors of any other company without obtaining prior written approval from the Compensation Committee of FormFactor’s Board of Directors. All other FormFactor employees who wish to serve on the Board of Directors of another company must obtain the prior written approval from both FormFactor’s Human Resources Department and Legal Department.
Outside Directorships. Sim may hold director positions in other companies if approval is obtained from the Chairman of the Board of API.
Outside Directorships. In the event the Employee is invited, solicited or otherwise asked to become a director, advisor or consultant for any entity or organization of any type or function whatsoever other than the Company or a related entity of the Company, the Employee shall notify the President and Chief Executive Officer (“CEO”) of the Company in writing of such invitation, the entity or organization extending such invitation and the capacity to be served by the Employee for such entity or organization. The CEO shall have the sole power and authority to authorize the Employee to accept such invitation based on such criteria and standards as the CEO may determine, and the Employee shall not accept such invitation without the CEO’s prior written consent, which consent shall not be unreasonably withheld.
Outside Directorships. It is recognized that as of the Agreement Date, Employee has existing commitments on two public boards including Xxxxxx Communications (Nasdaq: DCEL) and Skyworks Solutions (Nasdaq: SWKS), neither of which compete in any business with the Company. One of those companies is currently a customer of Xxxxxx, and the approximate $250,000 in annual payments to Xxxxxx from that company are less than five percent (5%) of either that company’s or Xxxxxx’x respective annual revenue. Xxxxxx acknowledges that Employee has committed to become a stockholder and director of Alyst Acquisitions, Inc., a telecommunications firm known as a specified purpose acquisition company (“SPAC”). Any time Employee devotes to outside director positions will be Employee’s personal or vacation days. Employee will accept no additional non-Xxxxxx roles or directorships without approval from Xxxxxx’x Chief Executive Officers and Board of Directors. Employee acknowledges that Xxxxxx will be Employee’s full time position and employee will manage any conflicts accordingly to Xxxxxx’x favor.
Outside Directorships. The Executive may accept appointment to, receive and retain remuneration from and perform the reasonable duties associated with:
(a) one non executive directorship of an independent unrelated company before 1 December 2001
(b) two non executive directorships of independent unrelated companies after 1 December 2001;
Outside Directorships. Schauer may serve as an oxxxxxx director on a maximum of three (3) boards of directors without violating the terms of paragraph 3; PROVIDED the directorships are disclosed to the Board of Directors of the Corporation and provided, further, that such service does not constitute a conflict of interest or otherwise materially detract from Schauer's fulfillment of xxxxxxxxxns under this Agreement. In the event Corporation's Board of Directors determines Schauer's service as an oxxxxxx xxrector fails to satisfy any of the provisions in this paragraph, it shall notify Schauer of the issue and xxx xxxermination in writing, and Schauer shall thereafter xxxx xxnety (90) days to remedy the issue. It is understood that service on the boards of affiliated or related entities shall constitute service on only one board of directors for purposes of this provision. This provision shall in no way limit Schauer from serving as a xxxxxxor of any non-profit or charitable organizations.
Outside Directorships. Executive has reviewed with the Board his directorships and any other positions held by him in business organizations that are not affiliated with the Company, and has received the Board's approval for his continuance in such capacities unless the Board should later determine in a particular case that there has arisen a potential conflict with the Company's best interests. Prior to serving any other unaffiliated business organization, Executive shall obtain the Board's approval. Nonbusiness activities, such as service on the boards or for the benefit of educational, religious or other similar institutions, need not be reviewed or approved by the Board.
Outside Directorships. Whether the appointment is paid or unpaid, no Staff may serve as a director/executive officer of an external company unless the circumstances and reasons for service have been reviewed and approval given by the Head of Compliance & Legal. Acting as a Director of a publicly-traded company or its affiliate is generally not permitted. All outside directorship appointments require clearance with the Staff member’s Senior Manager and an ICBC Compliance Officer in advance by completing an Outside Business Interest Declaration form as per Appendix A. The Compliance Officer shall maintain a record of the outside business interests, directorships or similar of any Staff in conjunction with the Conflicts Register.
