Dual Director definition

Dual Director means any non-employee director who, as of and immediately following the Distribution Date, serves on both the Parent Board and the SpinCo Board.
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Dual Director means any non-employee director who, as of and immediately following the Effective Time, serves on both the BHC Board and the B+L Board;
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Examples of Dual Director in a sentence

  • With respect to a Dual Director, the Company shall be responsible for the settlement of cash dividend equivalents on any SpinCo Awards, and Parent shall be responsible for the settlement of cash dividend equivalents on any Adjusted Parent Awards.

  • Any future order of the trial court certifying a class must identify each of the four elements of Rule 23(a), Ala.

  • To represent the presence of dual directors on parent and spinoff firm boards, Firm Has Dual Director is an indicator variable that takes the value one if a parent-spinoff firm pair shares at least one common director, and zero if not.Hypotheses 2 and 3 are about the performance implications of dual directors contingent on the share of sales the spinoff firm makes to the parent firm.

Related to Dual Director

  • Local director means the director or his designated representative of the local department of the

  • Regional Director means the Regional Director of the Southwestern Region of the Ministry;

  • Medical director means any physician licensed under Iowa Code chapter 148, 150, or 150A who shall be responsible for overall medical direction of the service program and who has completed a medical director workshop, sponsored by the department, within one year of assuming duties.

  • Funeral director means any person engaged in the practice of funeral directing.

  • Clinical Director means an individual who meets the minimum requirements set forth in Title 9, CCR, and has at least two (2) years of full-time professional experience working in a mental health setting.

  • 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

  • Executive Director means the executive director of the

  • Project Director means an employee of the Recipient designated by the Authorized Representative to be responsible for the overall management of the administrative and technical aspects of the executed Agreement. The Project Director is set forth in Section 2 of this Agreement.

  • Rector means the Rector of the University;

  • Program Director means an individual who has complete responsibility for the day to day function of the program. The Program Director is the highest level of decision making at a local, program level.

  • Lead Director means, at any given time, the lead, independent member (if any) elected as such by the Board and occupying such position.

  • 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.

  • Deputy Director means the Deputy Director of the Authority, as the case may be.

  • Assistant Finance Director means the Assistant Finance Director or designee.

  • Executive Chairman means the Executive Chairman of the Board.

  • Finance Director means the Treasurer/Finance Director or Acting Treasurer/Finance Director, as the case may be, of the City.

  • Non-Management Director means any Person selected in accordance with Article IV of this Agreement who is not a Management Director.

  • Non-Executive Director Means any director who is not an Executive Director.

  • Assistant Director means the Asstt. Director of the Authority, as the case may be.

  • Chairman-cum-Managing Director means Chairman-cum-Managing Director of any of the Subsidiary Companies of Coal India Limited, presently Central Coalfields Limited, Eastern Coalfields Limited, Western Coalfields Limited, Bharat Coking Coal Limited, Central Mine Planning & Design Institute Limited, South Eastern Coalfields Limited, Northern Coalfields Limited and Mahanadi Coalfields Limited.

  • Deputy Chairman means the Non-Executive Director appointed by the Council of Governors to take on the Chairman’s duties if the Chairman is absent for any reason.

  • Planning Director means the Planning Director of the City of Santa Xxxxxx, or his or her designee.

  • Deputy Chairperson means the deputy chairperson from time to time of the Trust if one is appointed in accordance of rule 4 of the Third Schedule;

  • President means the President of the Corporation.

  • Associate Director means the associate director of the

  • State Director means the chief administrative officer of the State water pollution control agency, or the authorized representative of the State Director.