Employer Directors definition

Employer Directors as used herein shall mean the Directors appointed by the Employers.
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Examples of Employer Directors in a sentence

  • In all meetings of the Directors ten (10) Directors shall constitute a quorum for the transaction of business providing there are at least five (5) Employer Directors and five (5) Union Directors present and acting at such meeting.

  • In odd-numbered years the chairman and vice-chairman shall be selected from among the Union Directors and the secretary and vice-secretary shall be selected from among the Employer Directors.

  • The chairman and vice-chairman shall be selected from among the Employer Directors, and the secretary and vice-secretary shall be selected from among the Union Directors in the even-numbered years.

  • Application of This Article In the event the Directors cannot act with respect to any question or resolution presented to the Directors for decision because of tie vote between the Employer Directors and the Union Directors, then an impartial umpire to cast the deciding vote shall, if possible, be chosen forthwith by the Directors.

  • In such an event, the CCP becomes unable to receive securities from the participant in default, which would result in the failure of delivery to other participants on the settlement day, the so-called "settlement fails." It would immediately attempt to purchase securities from the market and therefore resolve settlement fails.3 For payment obligations, the CCP borrows funds to make payments to other participants as scheduled.

  • A quorum at a meeting of the Board shall be no less than fifty percent (50%) of the Directors, to be comprised of a minimum of fifty percent (50%) Worker Directors and fifty (50%) Employer Directors.

  • Employers may nominate candidates for consideration as Employer Directors.

  • On grounds of proportionality and fairness, we agree this remedy should apply initially just to the Big 4 firms with non-Big 4 firms coming within its scope once they have a significant share of the FTSE350 audit market or PIE market, depending on the scope of the remedies.

  • The Employer Directors and Employer Alternate Directors must be selected by Employers.

  • Agreement and Declaration of Trust (Inclusive of Amendments I through CXXXV) The Employer Directors shall designate in writing the name or names of the particular Employer Directors who may sign checks in the above manner, and the Union Directors shall likewise designate in writing the name or names of the particular Union Directors who may sign checks in the above manner.

Related to Employer Directors

  • Member Director means a Director elected or appointed pursuant to section 8(2)(a) of the Act and Section 5.02;

  • Investor Directors has the meaning set forth in Section 2(a).

  • Medical Executive Committee or “MEC” means the Executive Committee of the Medical Staff.

  • 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.

  • former Board means the Board of Reference constituted under Part IV of the former provisions;

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

  • Sponsor Director means an individual elected to the Board that has been nominated by the Sponsor pursuant to this Agreement.

  • Executive Committee means a group of directors elected or appointed to act on behalf of, and within the powers granted to them by, the Commission.

  • 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 him in a professional capacity; and

  • Continuity Directors means those members of the Board who either (A) were directors at the beginning of such consecutive 24 month period, or (B) were elected by, or on the nomination or recommendation of, at least a two-thirds (2/3) majority of the then-existing Board; or

  • Retirement board or "board" means the retirement system's governing board provided for in 2-15-1010.

  • Named Executive Officers or “NEOs” means the following individuals:

  • Independent Directors means the members of the Board of Directors who are not officers or employees of the Manager or any Person directly or indirectly controlling or controlled by the Manager, and who are otherwise “independent” in accordance with the NYSE’s corporate governance listing standards (or the rules of any other national securities exchange on which the Common Stock is listed).

  • 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.

  • Retirement Committee means a committee consisting of the Company’s Vice President of Human Resources, the Director of HR Operations and the Compensation & Benefits Manager.

  • Athletic director means an individual responsible for administering the overall athletic program of an educational institution or, if an educational institution has separately administered athletic programs for male students and female students, the athletic program for males or the athletic program for females, as appropriate.

  • Independent Fund Director means an independent director of an investment company advised by Invesco.

  • Company Director means a member of the Board.

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

  • Continuing Directors means, as of any date of determination, any member of the Board of Directors who (i) was a member of such Board of Directors on the date of the Agreement 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 of Directors at the time of such nomination or election.

  • Executive Officers means the Company's “executive officers” as defined in 12 C.F.R. § 215.2(e)(1) (regardless of whether or not such regulation is applicable to the Company).

  • Nominated Company means a company selected by the Lenders’ Representative and proposed to the Authority for substituting the Concessionaire in accordance with the provisions of the Substitution Agreement;

  • Designated Employer Representative (DER) means a designated school district representative authorized to take immediate action to remove employees from safety-sensitive duties, to make required decisions in the testing and evaluation process, and to receive test results and other communications for the school district.

  • 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.

  • Benefits Committee means the Employee Benefits Committee of Textron.