Class D Director definition

Class D Director means a Director elected by the holders of Class D Common Stock or elected by Directors to fill a vacancy created by the departure of a Class D Director.

Class D Director means the person designated as the initial Class D Director as contemplated by the Stockholders Agreement and such other persons elected as the Class D Director pursuant to Article VIII.

Class D Director has the meaning given to it in Section 2.1(a).

Examples of Class D Director in a sentence

• In the event of a vacancy created by the death, resignation or incapacity to act of a Class D Director, the official empowered to appoint such Director shall appoint a new Class D Director.

• Additionally, the fact that a public official who first appointed a Class D Director to the Board no longer holds an office which entitles him or her to appoint a member to the Board shall not terminate the Class D Director’s service as a member of the Board unless and until the succeeding public official empowered to make an appointment to the Board shall appoint his or her successor, whereupon such Class D Director shall be deemed to have been removed from the Board.

• In addition, the Class D Director appointed by the Mayor shall be a member of the Audit Committee.

• When used in these By-Laws, the term "Class D Director" shall mean a Director elected by the holders of Class D Common Stock or elected by Directors to fill a vacancy created by the departure of a Class D Director.

• For the avoidance of doubt, where a Director fails to attend three (3) consecutive meetings of the Board, and was not excused from such meetings and failed to have a duly elected alternative pursuant to Section 4.5 attend in his or her stead, such failure to attend shall constitute cause for the purposes of this Section 4.6. A Class D Director may be removed with or without cause by the public official who appointed such Director.

• The Company has received two (2) nominations for these two (2) Class D Director positions.

• One Class D Director shall be appointed by each of the following: the Mayor of the City of New York, the Comptroller of the City of New York, the Brooklyn Borough President and the New York City Council member representing the District.

• Additionally, any Class D Director shall be removed, by the public official who appointed such Director, immediately prior to the time at which such official no longer holds an office which entitles him or her to appoint a member to Class D membership.

• One Class D Director shall be appointed by each of the following: the Mayor of the City of New York, the Comptroller of the City of New York, the [ ]7 Borough President and the New York City Council member representing the District.

• Each share of Series D Convertible Preferred Stock shall be entitled to one vote and any election or removal of the Class D Director shall be subject to the affirmative vote of all of the Investors.

More Definitions of Class D Director

Class D Director means a Director elected by the holders of Class D Common Stock or elected by Directors to fill a vacancy

Class D Director means each individual elected by the Investors to serve as a member of the Board of Directors pursuant to the terms and subject to the conditions of Section 8 hereof.

Class D Director means the person designated as the initial Class D Director by the Board and such other persons elected as the Class D Director pursuant to Section 3.4.5.