Excluded Directors definition

Excluded Directors directors of eSun who abstained from voting on the board resolutions approving the Transaction to avoid any conflict of interests;
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Excluded Directors. Xx. Xxx Xxx Xxxx, Xxxxx, Xx. Xxx Kin Xxxx, Xxxxxxx, Xx. Xxx Xxx Xxx, Xxxxxx and Xxxxx X Xx Xxx;
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Excluded Directors. Xx. Xxxx Xxxx Xxx, Xx. Xxx Xxx Xxx, Xxxxxx, Xxxxx X Xx Xxx, Xx. Xxx Tze Xxx, Xxxxxx and Xx. Xxx Xxxx Xxxx, all being a director of LSD;
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Examples of Excluded Directors in a sentence

  • Each Outside Director, other than the Excluded Directors, will be paid a cash retainer of $35,000 per year.

  • Each annual cash retainer under this Policy will be paid quarterly in arrears on a prorated basis to each Outside Director, other than the Excluded Directors, who has served in the relevant capacity at any point during the immediately preceding fiscal quarter of the Company (“Fiscal Quarter”), and such payment will be made no later than 30 days following the end of such immediately preceding Fiscal Quarter.

  • Notwithstanding anything to the contrary in the Plan, on the Effective Date, all Avoidance Actions shall be waived by the Debtors and Reorganized Debtors and their Estates, provided, however that Avoidance Actions against Excluded Directors and Officers shall not be waived.

  • Each individual who first becomes an Outside Director following the Effective Date, other than the Excluded Directors, will be granted an award of Restricted Stock Units (an “Initial Award”) covering a number of Shares having a Value (as defined below) of $300,000, with any resulting fraction rounded down to the nearest whole Share.

  • All the Directors (including, for the avoidance of doubt, the Excluded Directors) are jointly and severally responsible for the accuracy of facts stated and completeness of the information given by the Trustee-Manager to Unitholders on the Offer, including information contained in announcements and documents issued by or on behalf of IPIT in connection with the Offer.

  • Furthermore, the Indemnification Provisions related to the Excluded Directors and Officers shall not be assumed and/or continued.

  • On 30 March 2016, the SIC ruled that the Excluded Directors are exempted from the requirement to make a recommendation on the Offer as they face an irreconcilable conflict of interest in doing so, being presumed concert parties of the Offeror.The Directors who are considered independent for the purposes of the offer and who will be required to make a recommendation to Unitholders in respect of the Offer are Mr Gurbachan Singh, Mr Sri Murali s/o Sinnothei Renganathan and Ms Savita Singh.

  • The Excluded Directors must, nonetheless, still assume responsibility for the accuracy of facts stated or opinions expressed in documents and advertisements issued by, or on behalf of, the Company in connection with the Offer.

  • Each individual who first becomes an Outside Director following the Effective Date, other than the Excluded Directors, will be granted an award of 2 Restricted Stock Units (an “Initial Award”) covering a number of Shares having a Value (as defined below) of $300,000, with any resulting fraction rounded down to the nearest whole Share.

  • The SIC had, in its letter dated 1 March 2013 ruled that the Excluded Directors are exempted from the requirement to make the Recommendation as they face irreconcilable conflicts of interests in doing so being parties acting in concert with the Offeror.


More Definitions of Excluded Directors

Excluded Directors means Mr. Lai Ni Quiaque (Executive Director and Chief Financial Officer of the Company) and Mr. Yeung Chu Kwong, William (Executive Director and Chief Executive Officer of the Company);
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Excluded Directors means Mr. Lai Ni Quiaque (Executive Director of the
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Excluded Directors means all directors (and their close relatives, related trusts and companies controlled by any of them) of the Morgan Stanley group, except directors (and their close relatives, related trusts and companies controlled by any of them) of:
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Excluded Directors means, collectively, Xxxx Xxxxxxxx, Xxxxx X. Xxxxx, Xxx X. Xxxxxxxxxx and Xxxxxxx Xxxxxx (or if any such individual is a Withdrawing Director, the replacement for such individual prior to the Closing).
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Related to Excluded Directors

  • 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:

  • 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.

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

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

  • 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.