Founders Directors definition

Founders Directors means each of the Directors who were appointed or nominated to the Board by the Founders pursuant to, and in accordance with, Section 2.1.
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Founders Directors shall have the meaning set forth in Clause 5(b)(i);
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Founders Directors means the directors nominated on the Board by the Founders directly or Shriram Holdings as representatives of the Founders;
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Examples of Founders Directors in a sentence

  • Each of the Company, the Founders, the Growth Investors and the Sponsor agree and acknowledge that the Founders Directors, the Growth Investors Directors and the Sponsor Director may share, on a need-to-know basis, confidential, non-public information about the Company and its Subsidiaries with the Founders, Crescera, Inovabra, the Sponsor, and their Representatives, respectively.

  • For so long as the Founders Group holds a number of Shares representing at least seven and one-half percent (7.5%) of the Shares then issued and outstanding, the Founders Directors shall have the right to designate the Chairperson of the Board.

  • The Higgins Group PLC Founders Directors Retirement Benefit Scheme (“Founders Scheme”) has the intention of operating as a defined benefit scheme and is reported as such within these financial statements.

  • At least half of the members of any such committee shall be comprised of Founders Directors, provided, that if the Board creates an executive committee, one member of such committee must be a Percon Director.

  • The initial Founders Directors designated for nomination pursuant to Section 1(c) shall initially be Xxxxxxxx X.

  • With respect to the Founders Directors, the Xxxxxx Director and the Skye Director, each holder of Shares agrees not to take any action or to cause the Company to take such action to remove, with or without cause, such director of the Company.

  • Percon shall at all times have the right to recommend the removal, with or without cause, of the Percon Directors; the Founders and the Founders Directors shall have the right to recommend the removal, with or without cause, of any Founders Director; and Summit and the Summit Directors shall have the right to recommend the removal, with or without cause, of any Summit Directors.

  • Notwithstanding the foregoing, the Xxxxxx Group and/or the Xxxxxx Director shall at all times have the right to recommend the removal, with or without cause, of any Xxxxxx Director; Skye and/or the Skye Director shall at all times have the right to recommend the removal, with or without cause, of the Skye Director; and the Founders Group and the Founders Directors shall have the right to recommend the removal, with or without cause, of any Founders Directors.

  • Further, we expect that after such 24-month period, we will be required to raise additional funds to finance our operations until such time that we can conduct profitable revenue-generating activities.Sources of FundsC3B has funded operations entirely through contributions from its Founders, Directors and sales of Common Shares.

  • The Founders, Directors and Managers hold Options exercisable at premiums to the Offer Price of Shares under this Prospectus.


More Definitions of Founders Directors

Founders Directors has the meaning set forth in Section 3.1 hereof.
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Related to Founders Directors

  • 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;

  • Founders means all Members immediately prior to the consummation of the IPO.

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

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

  • Non-Executive Directors means the Directors who are not in whole time employment of the Company.

  • 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.

  • Executive Directors means a person appointed as director directly accountable to the municipal manager.

  • Public Works Director means the Director of the Department of Public Works of the County of Los Angeles.

  • MUSL Board means the governing body of the MUSL, which is comprised of the chief executive officer of each Party Lottery.

  • Members means the persons who are duly registered as the holders from time to time of shares in the register including persons who are jointly so registered.

  • Board Members means the Directors or Trustees of the governing body of the Fund, as the case may be.

  • Advisory Board means the Long-Term Care Facility Advisory Board;

  • Majority Shareholders means Xxxxxxx X. Xxx and Xxxxxxx X. Xxxxxxx.

  • 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.

  • Managing Directors means Mrs Maria Chr. van der Sluijs-Plantz, Mrs Thérèse F.C. Wijnen and Mr Hubertus P.C. Mourits or such other person(s) who may be appointed as Managing Director(s) of the Issuer from time to time.

  • Directors means the directors for the time being of the Company.

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

  • Management Shareholders means Xxxxxx X. Xxxxx, Xxxxxxxx X. Xxxxxx and Xxxxx X. XxXxxxx;

  • Advisory Board Member means a member of an “Advisory Board” as defined in Section 2(a)(1) of the 1940 Act.

  • Controlling Shareholders means controlling shareholders of the Company, as such term is defined in the Ordinance.

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

  • Independent Shareholders means holders of outstanding Voting Shares, excluding (i) any Acquiring Person, (ii) any Offeror, (iii) any Affiliate or Associate of any Acquiring Person or Offeror, (iv) any Person acting jointly or in concert with any Acquiring Person or Offeror, and (v) any employee benefit plan, share purchase plan, deferred profit sharing plan or trust for the benefit of employees of the Corporation or a wholly-owned Subsidiary of the Corporation (unless the beneficiaries of such plan or trust direct the manner in which such Voting Shares are to be voted or direct whether the Voting Shares are to be deposited or tendered to a Take-Over Bid, in which case such plan or trust shall be considered to be an Independent Shareholder).

  • Invesco Advisers, Inc. s -affiliated Broker-dealer” means Invesco Distributors, Inc. or Invesco Capital Markets, Inc. or their successors.

  • 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.

  • Managers means a Person who is named or designated as a manager or managing member or otherwise acts in the capacity of a manager or managing member of a limited liability company in a limited liability company agreement or similar instrument under which the limited liability company is formed or operated.