Board Service definition

Board Service means membership on the Board of Directors of the Company or a Subsidiary and includes subsequent service as an Employee, if any, as provided in this paragraph. Notwithstanding any contrary provision or implication herein, in determining cessation of Board Service for purposes hereof, transfers between the Boards of Directors of the Company and/or any Subsidiary shall be disregarded and shall not be considered a cessation of Board Service, and changes in status between that of an Employee and a Non-Employee Director shall be disregarded and shall not be considered a cessation of Board Service.

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Board Service means all years of employment or part years of employment pro-rated to full-time equivalency (but excluding substitute service) with the Board or such recognized service with an immediately preceding school board for which the Board has become the successor Board.

Board Service means service as an Outside Director of the Corporation both before and after the Effective Date.

Examples of Board Service in a sentence

The granting of the Restricted Shares evidenced by this Agreement shall impose no obligation on the Company or any Affiliate to continue the Board Service of the Participant and shall not lessen or affect the Company’s or its Affiliate’s right to terminate the Board Service of such Participant.
When a job description calls for years of experience under a licensed contractor, relevant experience in a School Board Service Center will be considered as equivalent experience.
Notwithstanding any contrary provision or implication herein, in determining cessation of Board Service for purposes hereof, transfers between the Boards of Directors of the Company and/or any Subsidiary shall be disregarded and shall not be considered a cessation of Board Service, and changes in status between that of an Employee and a Non-Employee Director shall be disregarded and shall not be considered a cessation of Board Service.
Notwithstanding the foregoing, in the event the Participant’s Board Service ends due to the Participant’s death or Disability, then the Restricted Shares shall be deemed to fully vest on the date of such death or Disability, as applicable.
Notwithstanding the Policy on Board Service contained in the Employee Policy Manual, during the six-month period preceding the Scheduled Expiration Date, Executive shall, upon reasonable notice to and absent objection by the Chief Executive Officer of the Company, be entitled to explore opportunities for service on the board of directors of any public company that is not a Designated Business, as such term is defined in the Consulting Agreement (Exhibit A, attached hereto).

More Definitions of Board Service

Board Service means the service of Director as a member of the Board of Directors of the Company or any of its Subsidiaries.

Board Service means service as a member of the Board of Directors of the Company.

Board Service or “Service with the Board” generally is: a. Seniority in accordance with Article 14 for Probationary and Permanent teachers in accordance with Article 14; and b. Term service in accordance with Article 14 for term teachers who qualify. In the limited circumstances where board service is compared between a permanent (or probationary) teacher and a term teacher, the specific calculation is made by the Human Resources Department and includes the former term service (in accordance with Article 14) for the permanent and probationary teacher.

Board Service. While you serve as Interim CEO, you will also serve on the Company’s Board of Directors (the “Board”) as an Executive Director. During this period you will not receive any additional compensation for your service on the Board. In the event that, following your service as Interim CEO, you remain on the Board as an independent non-executive director, you shall be eligible to earn equity and cash compensation as earned by similarly situated members of the Board and in accordance with the Company’s Board compensation practices. Page 2 of 6

Board Service. You will remain a member of the Company’s Board of Directors upon your transition to service as President and CEO, subject to all terms and conditions governing your service as a director, provided that you will no longer serve as Chair of the Board or as a member of any Board committees. You understand that this offer, should you accept it, supersedes and replaces any other understanding or other agreement between you and Regis with respect to your employment with ▇▇▇▇▇. During your employment with Regis, your terms of employment will be governed by this offer letter. This offer is contingent upon you complying with ▇▇▇▇▇’ hiring requirements including, but not limited to, signing a confidentiality and restrictive covenants agreement and your representation that you are able to perform the duties of the position and are not hindered by a non-compete or other agreement with any other employer which would prevent you from working at Regis. Your employment with ▇▇▇▇▇ will be at-will, which means ▇▇▇▇▇ may alter the terms of your employment at any time and for any reason and that either you or Regis may terminate your employment at any time for any reason, subject to any rights you may have under the Executive Severance Policy. As an executive officer, this offer also is contingent on approval of your appointment by the Regis Board of Directors. ▇▇▇▇▇, I am delighted to provide you the opportunity to join Regis as its next President and CEO. Please sign below to indicate your approval. Respectfully, ▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇ Accepted by: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ Member, Board of Directors Docusign Envelope ID: B3D34808-EAC2-4F18-9B7F-5F76E8D47DFF

Board Service means the number of months of combined service on the Board and on the board of directors of any institution merged with or acquired by the Bank.

Board Service. You will remain a management member of the Board of Directors of Sitel Worldwide Corporation and shall receive compensation for such service as set by the Board of Directors.