Re-election of retiring Director Sample Clauses

Re-election of retiring Director. A Director retiring at a meeting in accordance with clause 7.7 shall, if standing for re-election, be deemed to have been re-elected unless: (a) Some other person is elected to fill the vacated office; (b) It is resolved not to fill the vacated office; or (c) A resolution for the re-election of that Director is put to the meeting and lost.
Sample 1
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Re-election of retiring Director. The Company at the meeting at which a Director retires under any provision of these Articles may by Ordinary Resolution fill the office being vacated by electing thereto the retiring Director (if eligible for re-election) or some other person eligible for election. In the absence of such a resolution the retiring Director shall nevertheless be deemed to have been re-elected except in any of the following cases: 89.1 where at such meeting it is expressly resolved not to fill such office or a resolution for the re-election of such Director is put to the meeting and lost; 89.2 where such Director is ineligible for re-election or has given notice in writing to the Company that he or she is unwilling to be re-elected; or 89.3 where a resolution to elect such Director is void by reason of contravention of the next following Article. The retirement shall not have effect until the conclusion of the meeting except where a resolution is passed to elect some other person in the place of the retiring Director or a resolution for his or her re-election is put to the meeting and lost and accordingly a retiring Director who is re-elected or deemed to have been re-elected will continue in office without a break. A resolution for the election of two or more persons as Directors by a single resolution shall not be moved at any General Meeting unless a resolution that it shall be so moved has first been agreed to by the meeting without any vote being given against it. Any resolution moved in contravention of this provision shall be void.
Sample 1
Re-election of retiring Director. In accordance with article no. 87 of the Articles, Xx. Xxxxx Xxxxxx and Xx. Xxxx Xxx Xx will retire by rotation at the AGM. Xx. Xxxxx Xxxxxx, being eligible, has offered himself for re-election. Xx. Xxxx Xxx Xx has informed the Board that he will not offer himself for re-election at the AGM, and will retire as an independent non-executive Director and a member and the chairman of the remuneration committee of the Company and a member of the audit committee and the nomination committee of the Company. The qualifications, previous experience and major appointments of the Director who stands for re- election at the AGM are set out in the “Directors and Senior Management Profile” section contained in the 2019 Annual Report which is sent to the Shareholders together with this document. The biographical details of the said Director, as required to be disclosed pursuant to rule 13.74 of the Listing Rules, are set out below for the Shareholders’ consideration. Xx. Xxxxx is the chief executive officer of the Group and is also a director of certain subsidiaries of the Company. He was one of the co-founders of the Group in 1993 and was appointed as a Director on 11 January 2005. Xx. Xxxxx did not hold any directorship in other listed companies in the last three years. Xx. Xxxxx is responsible for the Group’s operation and management. He has more than 25 years of operational management experience in the industry of precision mould and component manufacturing. He is the deputy supervisor of the Committee for Economic Affairs of the 6th Shenzhen Committee of the Chinese People’s Political Consultative Conference. Xx. Xxxxx is also the chairman of Guangdong-Hong Kong-Macao Advance Manufacturing Industry Alliance (粵港澳先進製造業產業聯盟), the vice chairman of the 8th executive committee of Shenzhen Federation of Industry & Commerce (深圳市工商業聯合會), the executive president of Shenzhen Machinery Association (深圳市機械行業協會), the vice president of Guangdong Die & Mould Industry Association (廣東省模具工業協會), Shenzhen Enterprise Confederation (深圳市企業聯合會) and Shenzhen Entrepreneur Association (深圳市企業家協會) and Shenzhen General Chamber of Commerce (深圳市商業聯合會). As at the Latest Practicable Date, Xx. Xxxxx owned 47.07% of the issued share capital of Prosper Empire Limited, the controlling Shareholder. He also had personal interests (within the meaning of Part XV of the SFO) in 18,164,000 Shares and Options to subscribe for 35,000,000 Shares. Xx. Xxxxx was also deemed to be interested in 156,000 Shares through...
Sample 1

Related to Re-election of retiring Director

  • Resignation as Officer or Director Upon a termination of employment for any reason, Executive shall, resign each position (if any) that Executive then holds as an officer or director of the Company and any of its affiliates. Executive’s execution of this Agreement shall be deemed the grant by Executive to the officers of the Company of a limited power of attorney to sign in Executive’s name and on Executive’s behalf any such documentation as may be required to be executed solely for the limited purposes of effectuating such resignations.

  • Resignation as Director Upon the Company’s written request, Executive agrees to promptly resign as a member of the Company’s Board of Directors following any termination of his employment with the Company (or any parent or subsidiary of the Company).

  • Resignation for Good Reason The Executive may resign from the Executive’s employment for Good Reason.

  • Voluntary Resignation; Termination for Cause If Executive’s employment with the Company terminates (i) voluntarily by Executive (other than for Good Reason) or (ii) for Cause by the Company, then Executive will not be entitled to receive severance or other benefits except for those (if any) as may then be established under the Company’s then existing severance and benefits plans and practices or pursuant to other written agreements with the Company.

  • Continuing Director A "Continuing Director" shall mean a Director of the Company who (i) is not an Acquiring Person, an Affiliate or Associate, a representative of an Acquiring Person or nominated for election by an Acquiring Person, and (ii) was either a member of the Board of Directors of the Company on the date of this Agreement or subsequently became a Director of the Company and whose initial election or initial nomination for election by the Company's stockholders was approved by at least two-thirds of the Continuing Directors then on the Board of Directors of the Company.

  • Withdrawal of Resignation An employee may resign in good standing by giving written notice to his/her appointing authority at least seven (7) calendar days in advance of the effective date of his/her resignation. Such an employee may, with the approval of his/her appointing authority, withdraw his/her resignation up to ten (10) calendar days after the effective date. Such approval shall not be unreasonably denied. An employee who fails to give written notice to his/her appointing authority at least seven (7) calendar days in advance of the effective date of his/her resignation may not withdraw that resignation.

  • Notice of Resignation If an employee desires to terminate her employment, she shall endeavour to forward a letter of resignation to the Employer four (4) weeks prior to the effective date of termination, and in any event, not less than two (2) weeks prior to the effective date of termination, provided however the Employer may accept a shorter period of notice.

  • Resignation and Retirement Any Trustee may resign his trust or retire as a Trustee, by written instrument signed by him and delivered to the other Trustees or to any officer of the Trust, and such resignation or retirement shall take effect upon such delivery or upon such later date as is specified in such instrument.

  • TERMINATION UPON RETIREMENT Termination of Executive’s employment based on “

  • Termination for Cause; Resignation If Executive’s employment terminates due to a Termination for Cause (as defined below) or a Resignation (as defined below), Base Salary earned but unpaid as of the date of such termination will be paid to Executive in a lump sum and the Company will have no further obligations to Executive hereunder. In the event any termination of Executive’s employment for any reason, Executive if so requested by the Company agrees to assist in the orderly transfer of authority and responsibility to Executive’s successor.

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