Independence Criteria definition

Independence Criteria means: the criteria set forth in the definition of "independent director" in Rule 5605 of the Nasdaq listing Rules (or any successor thereto); or such other independence criteria as may be applicable under the rules of any stock exchange on which the Company’s equity securities are then publicly traded;

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Independence Criteria means the criteria approved by the Board for nomination, and eligibility for appointment, as an Independent Director.

Independence Criteria means the independence requirements provided for the independent members of audit committees by applicable laws, i.e. the Polish Act dated 11 May 2017, as amended, on Statutory Auditors, Audit Firms and Public Oversight or such act of law which replaces it.

Examples of Independence Criteria in a sentence

• Further, at any time where more than one Investor Designee nominated pursuant to Section 2.1(a) hereunder shall fail to satisfy the Independence Criteria (subject to diligence by the Company’s Nominating and Governance Committee), the Investor may cause either such Investor Designee to resign from the Board and will have the right to designate a Replacement Director, subject to the requirements set forth in Section 2.1(a).

• Any Suggested Nominee elected or appointed to the Board shall be required to meet the Independence Criteria.

• Any Observer shall meet the Independence Criteria described in clause (vi) below and shall be designated by the “Investor Representative” who shall be ▇▇▇ ▇▇▇▇▇▇ or any replacement thereof approved by BJ’s Act III.

• The Replacement Independent Director must meet the Independence Criteria.

• All members of the Audit Committee and a majority of the members of the Compensation Committee and Nominating and Corporate Governance Committee are Independent Directors as required by The New York Stock Exchange listing standards, SEC rules as applicable and the Director Independence Criteria.

More Definitions of Independence Criteria

Independence Criteria means the independence criteria set out in the Governance Regulations;

Independence Criteria has the meaning set forth in section 5.3 hereof;

Independence Criteria shall have the meaning set forth in Section 11(b).

Independence Criteria. – it shall mean the criteria detailed in rule II.Z.4 of Best Practice for GPW Listed Companies 2016;

Independence Criteria shall have the meaning set forth in 10.2.

Independence Criteria means that the law firm, or partner (or, if applicable, member) of the law firm is experienced in matters of corporation law, is reputable and nationally recognized in the United States of America and neither presently is, nor in the past five years has been, retained to represent: (A) the Company or Indemnitee in any matter material to either such party (other than with respect to matters concerning Indemnitee under this Agreement, or of other indemnitees under similar indemnification agreements), or (B) any other party to the Proceeding giving rise to a claim for indemnification hereunder.

Independence Criteria means the indicative criteria set out at provision 2.6 of the Code or such other guidance produced which the Foundation Trust must have regard to from time to time;