Excluded Director definition

Excluded Director means directors who are employees of SNDL;
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Excluded Director means directors who are employees of SNDL; “Executive Officers” means the executive officers of SNDL, including NEOs; “Expiry Date” means the date on which an Option expires;
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Excluded Director means any director who, on the effective date of the Plan, is the beneficial owner of or has the right to acquire an amount of Stock equal to five percent (5%) or more of the number of shares of Stock outstanding on such effective date; and further provided that, unless otherwise determined by the Board or any committee thereof, the terms “person” and “group” shall not include any entity or group of entities that has acquired Stock of the Company in the ordinary course of business for investment purposes only and not with the purpose or effect of changing or influencing the control of the Company, or in connection with or as a participant in any transaction having such purpose or effect, (“Investment Intent”), as demonstrated by the filing by such entity or group of a statement on Schedule 13G (including amendments thereto) pursuant to Regulation 13D under the Exchange Act, as long as such entity or group continues to hold such Stock with an Investment Intent;
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Examples of Excluded Director in a sentence

  • If an individual was an Outside Director and an Excluded Director, ceasing to be an Excluded Director will not entitle the Outside Director to an Initial Award.

  • Excluded: Director of Fire Rescue, Deputy Fire Rescue Chief, Assistant Fire Rescue Chief, Special Projects Coordinators, all clerical classifications, all maintenance classifications and any other support staff members in classifications not specifically included above.

  • Excluded: Director of Facilities; Facilities Supervisor; HVAC Technician.

  • As stated in Section 7.2 of this Circular, Dr. Chitrapongse Kwangsukstith is an Excluded Director.

  • Excluded: Director of Communications, Deputy Director of Communications, Operations Manager and Radio Administrator; and all other confidential, managerial and supervisory employees as defined in the Illinois Public Labor Relations Act.

  • As stated in Section 7.2 of this Circular, Mr. Apisit Rujikeatkamjorn is an Excluded Director.

  • As stated in Section 7.2 of this Circular, Mr. Martin David Purvis is an Excluded Director.


More Definitions of Excluded Director

Excluded Director as used herein shall mean and include the following individuals: [insert names of individuals who are directors of Bancorp at Closing, and who fail or refuse to execute and deliver the Bancorp/Xxxxx/Director Release]. Notwithstanding any other term or provision of this Release to the contrary, Excluded Directors, and any person or entity who would be entitled to the benefits of this Release solely by virtue of being a successor, assign or heir of such person, or a person acting by, through or in concert with such person, shall not be considered to be a "Released Party" or "Released Parties" hereunder, and shall not be entitled to any right, benefit, immunity or privilege as a result hereof. [SIGNATURES FOLLOWS] --------------------- [individual] STATE OF ) ) ss. CITY/COUNTY OF ) On this ____ day of July, in the year 1995, before me, the undersigned, personally appeared ________________________________, personally known to me (or proved to me on the basis of satisfactory evidence) to be the person who executed the within instrument as ____________________________ or on behalf of the corporation therein named and acknowledged that the corporation executed it.
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Excluded Director means directors who are employees of Sundial;
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Related to Excluded Director

  • 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:

  • 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;

  • 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.

  • 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;

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

  • Non-interested director means a director who is not an “interested director” of a fund and who is not employed by, or has a material business or professional relationship with, the fund or the fund’s investment adviser or underwriter. See Section 2(a)(19) of the Investment Company Act of 1940 for more information.

  • 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.

  • 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.

  • 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

  • Continuing Director means, with respect to any Person as of any date of determination, any member of the board of directors of such Person who (a) was a member of such board of directors on the Closing Date, or (b) 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.

  • 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.

  • 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.

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

  • 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.

  • Company Director means a member of the Board.

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

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

  • 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.

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

  • Incumbent Director means a director who either (i) is a member of the Board as of the Effective Date or (ii) is 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 excluding a director who was elected or nominated in connection with an actual or threatened proxy contest relating to the election of directors of the Company).

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

  • Investor Designee means an individual nominated by the Board as a “Investor Designee” for election to the Board pursuant to Section 5.10(a), Section 5.10(d) or Section 5.10(e) of the Investment Agreement.

  • 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.

  • 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.

  • Director means a member of the Board.

  • Investor Nominee means a person designated for election to the Board of Directors by the Investor pursuant to the Investment Agreement.