Covered Directors definition

Covered Directors shall have the meaning specified in Section 6.7(b).
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Examples of Covered Directors in a sentence

  • The provisions of this Code are intended to restrict the personal investment activities of the Covered Directors only to the extent necessary to accomplish the purposes of the Code.

  • Artisan Funds’ chief compliance officer will review the reported transactions of the Covered Directors for any conflict or potential conflict with the transactions of Artisan Funds.

  • For Covered Directors, the Minimum Ownership Requirement is three times the base annual retainer.

  • The Committee is responsible for monitoring the application of this policy with respect to all Covered Directors and Covered Employees.

  • Each April, management shall prepare and deliver to the Committee a report on the status and compliance of Covered Directors and Covered Employees with this policy.

  • By the first day of February of each year, Covered Directors and Covered Employees will be required to certify their holdings of Common Stock and compliance with their Minimum Ownership Requirement at all times during the applicable year through submission of a Certificate of Compliance in the form of Annex A.

  • Covered Directors and Covered Employees will be notified by the Human Resources department of their respective Minimum Ownership Requirements for the subsequent calendar year.

  • Covered Directors Guideline Multiple (1) For purposes of this disclosure, we have valued the projected stock ownership based on the value of our common stock as of the close of trading on the Record Date ($74.21 per share).(2) Consists of (i) 1,894 shares of Common Stock; (ii) 3,988 shares of Common Stock that are issuable pursuant to restricted stock units that vest on May 15, 2020; and (iii) 1,895 shares issuable pursuant to restricted stock units that vest on August 10, 2020.

  • No such amendment shall be binding upon any of the Covered Directors unless approved in writing by such Covered Director.

  • The secretary, chief compliance officer or their designee, shall be responsible for ensuring that all Covered Directors comply with the certification requirement.

Related to Covered Directors

  • Preferred Directors means, collectively, the Series A Directors and the Series B Director.

  • 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.

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

  • Designated Director means a person designated by the RE to ensure overall compliance with the obligations imposed under chapter IV of the PML Act and the Rules and shall include:

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

  • Elected Director means a person elected as an elected director in accordance with these bylaws or elected or appointed as a replacement director for an elected director;

  • Independent Directors means the members of the Board of Directors who are not officers or employees of the Manager.

  • Appointed Director means a person appointed in accordance with these bylaws as an appointed director or appointed as a replacement director for an appointed director;

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

  • 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

  • Unaffiliated Director means, for purposes of this Code, a director or honorary director of the Fund who is not a director, officer or employee of the Adviser or an affiliate thereof.

  • Disinterested Director means a director of the Company who is not and was not a party to the Proceeding in respect of which indemnification is sought by Indemnitee.

  • Disinterested Directors means, with respect to any Affiliate Transaction, one or more members of the Board of Directors of the Company, or one or more members of the Board of Directors of a Parent, having no material direct or indirect financial interest in or with respect to such Affiliate Transaction. A member of any such Board of Directors shall not be deemed to have such a financial interest by reason of such member’s holding Capital Stock of the Company or any Parent or any options, warrants or other rights in respect of such Capital Stock.

  • Interested Director means a director or trustee of an investment company who is an interested person within the meaning of Section 2(a)(19) of the Act. A “Disinterested Director” is a director who is not an interested person under Section 2(a)(19) of the Act.

  • Disinterested Director/Trustee means a Director/Trustee of the Fund who is not an "interested person" of the Fund within the meaning of Section 2(a)(19) of the Act.

  • Qualified Director means a person who, at the time action is to be taken under:

  • 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.

  • Incumbent Directors means directors who either (A) are directors of the Company as of the date hereof, or (B) are elected, or nominated for election, to the Board with the affirmative votes of at least a majority of the Incumbent Directors at the time of such election or nomination (but shall not include an individual whose election or nomination is in connection with an actual or threatened proxy contest relating to the election of directors to the Company); or

  • New Director means an individual whose election by the Board or 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 either were directors at the Date of Grant or whose election or nomination for election was previously so approved or recommended. However, “New Director” shall not include a director whose initial assumption of office is in connection with an actual or threatened election contest, including but not limited to a consent solicitation relating to the election of directors of the Company.

  • 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.

  • Disinterested Director/Trustee means a Director/Trustee of the Fund who is not an "interested person" of the Fund within the meaning of Section 2(a)(19) of the Act.

  • 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.

  • 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.

  • The Board of Directors or "Board" means all those persons appointed to perform the duties of directors of the society;

  • Company Board of Directors means the board of directors of the Company.

  • Independent Director means a director referred to in Section 149 (6) of the Companies Act, 2013.