Board Observer Rights definition

Board Observer Rights. The Investor would be entitled to designate a person reasonably acceptable to the Company to attend Board meetings as an invitee, who shall have all of the privileges and benefits of a Director of the Company except voting rights.
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Board Observer Rights. Members that have the right to appoint board members will also have board observer rights.
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Board Observer Rights. Executive will have the right throughout the Term (as defined below) to attend the Board of Directors' meetings of Trestle and Sunland, xxx xny committee's thereof, as a non-voting observer, and to receive all information provided to the directors thereof.
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Examples of Board Observer Rights in a sentence

  • Mr. Magliette asked that 250 copies of the flyer be printed for distribution, and that the flyer be posted on the town website and on the town calendar during the month of August.

  • The holders of a majority of the outstanding shares of the Series A-1 Preferred Stock shall have the option to temporarily or permanently exchange their Board Observer Rights for two seats on the Board of Directors, each having one vote.

  • Notwithstanding the confidentiality provisions in Section 2.12, with respect to Cisco, all information received by Cisco pursuant to this Section 2.2 shall be “Confidential Information” subject to the confidentiality obligations of Cisco pursuant to the Cisco Board Observer Rights Agreement.

  • Licensee will also promptly provide to University all relevant notices consistent with the Board Observer Rights Letter Agreement.

  • Notwithstanding the foregoing, this Section 2.12 shall not apply to Cisco and all confidential information received by Cisco pursuant to this Agreement shall be “Confidential Information” subject to the confidentiality obligations of Cisco pursuant to the Cisco Board Observer Rights Agreement.

  • This is needed for items budgeted in line item G199 Other-Professional Services.

  • Notwithstanding the confidentiality provisions in Section 2.12, with respect to Cisco, all information received by Cisco pursuant to this Section 2.1 shall be “Confidential Information” subject to the confidentiality obligations of Cisco pursuant to the Board Observer Rights Agreement between the Company and Cisco Systems dated on or about the date hereof (the “Cisco Board Observer Agreement”).

  • Board Observer Rights ........................................................................

  • This Amended and Restated Instrument of Accession shall be effective as of the Effective Date and, except for the Board Observer Rights, shall be an integral part of the Stockholders Agreement as of the Effective Date immediately upon execution by the undersigned parties.

  • It is the intent of the parties that the Company indemnify Consultant for Claims arising from or related to his Board Observer Rights to the same extent that the Company indemnifies members of the Board for actions performed in their capacity as directors.

Related to Board Observer Rights

  • Board Observer has the meaning set forth in Section 2.1;

  • Observer means a person who is not enrolled in an Iowa medical school or osteopathic medical school, who observes care to patients in Iowa for a defined period of time and for a noncredit experience, and who is supervised and accompanied by an Iowa-licensed physician as defined in 9.2(3). An observer shall not provide or direct hands-on patient care, regardless of the observer’s level of training or supervision. The supervising physician may authorize an observer to read a chart, observe a patient interview or examination, or witness procedures, including surgery. An observer shall not chart; touch a patient as part of an examination; conduct an interview; order, prescribe or administer medications; make decisions that affect patient care; direct others in providing patient care; or conduct procedures, including surgery. Any of these activities requires licensure to practice in Iowa. An unlicensed physician observer or a medical student observer may touch a patient to verify a physical finding in the immediate presence of a physician but shall not conduct a more inclusive physical examination.

  • Observers has the meaning set forth in Section 6.1(c).

  • Board Designee means an employee of the Board who has been given authority by the Board to carry out a function for the Board (e.g., the Clerk, Assistant Clerk of the Board, or hearing officer).

  • Investor Designee means an individual nominated by the Board as a “Investor Designee” for election to the Board pursuant to Section 5.10(a), Section 5.10(d) or Section 5.10(e) of the Investment Agreement.

  • Series B Director means any director of the Company that the holders of record of the Series B Preferred Stock are entitled to elect pursuant to the Company’s Certificate of Incorporation.

  • Investor Directors or “Investor Director” has the meaning set forth in Section 6.1(a) hereof.

  • Investor Director means any Director designated or nominated for election to the Board by the Investor Shareholders pursuant to Section 2.1 of this Agreement.

  • Permitted Holder Group shall have the meaning assigned to such term in the definition of “Permitted Holders.”

  • Whole Board means the total number of authorized directors whether or not there exist any vacancies or unfilled seats in previously authorized directorships.

  • Parent Directors means the Directors elected or appointed pursuant to Articles 53 – 56 inclusive;

  • New Directors means any director whose election by the Board or whose nomination for election by the Company's stockholders was approved by a vote of at least two-thirds of the directors then still in office who were Present Directors or New Directors.

  • Share Designation has the meaning assigned to such term in ‎Section 3.2(b).

  • Stockholder Group means the Stockholder and each Person (other than any member of the Company Group) that is an Affiliate of the Stockholder.

  • Shareholder Group means (i) Shareholder and (ii) any Affiliate or Shareholder Family Entity (as defined in the Shareholder's Agreement) of Shareholder (other than the Company).

  • Governance Rights means all of a Member's rights as a Member in the Company other than Financial Rights and the right to assign Financial Rights.

  • Approved Share Plan means any employee benefit plan which has been approved by the board of directors of the Company prior to or subsequent to the date hereof pursuant to which Ordinary Shares and standard options to purchase Ordinary Shares may be issued to any employee, officer, director or advisers for services provided to the Company in their capacity as such.

  • Continuing Directors means, as of any date of determination, any member of the Board of Directors of the Company who (i) was a member of such Board of Directors on the date of this Indenture or (ii) was nominated for election or elected to such Board of Directors with the approval of a majority of the Continuing Directors who were members of such Board at the time of such nomination or election.

  • Series A Directors means the directors of the Company that have been solely designated by the holders of record of the Series A Preferred Stock pursuant to the Certificate of Incorporation, the Stockholders Agreement or otherwise.

  • Permitted Holders means any or all of the following:

  • Other Shareholders means persons who, by virtue of agreements with the Company other than this Agreement, are entitled to include their securities in certain registrations hereunder.

  • Stockholder Associated Person of any stockholder means (A) any person controlling, directly or indirectly, or acting in concert with, such stockholder, (B) any beneficial owner of shares of stock of the Corporation owned of record or beneficially by such stockholder or (C) any person directly or indirectly controlling, controlled by or under common control with such Stockholder Associated Person.

  • Shareholder Rights Plan means the amended and restated shareholder rights plan agreement dated as of November 10, 2015 between Parent and American Stock Transfer and Trust Company, LLC, as rights agent, as amended and restated as of April 18, 2016, as further amended, restated, succeeded or replaced from time to time, and any similar plan adopted from time to time;

  • Approved Stock Plan means any employee benefit plan which has been approved by the Board of Directors of the Company, pursuant to which the Company's securities may be issued to any employee, officer or director for services provided to the Company.

  • Membership Rights means all of the rights of a Member in the Company, including a Member’s: (a) Interest; (b) right to inspect the Company’s books and records; (c) right to participate in the management of and vote on matters coming before the Company; and (d) unless this Operating Agreement or the Certificate of Formation provide to the contrary, right to act as an agent of the Company.

  • shadow director means, in relation to a company, any person in accordance with whose directions or instructions the directors of the company are accustomed to act, but the person is not deemed to be a shadow director by reason only that the directors act on advice given by that person in a professional capacity; and