Independence Criteria definition

Independence Criteria means: the criteria set forth in the definition ofindependent 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;
Independence Criteria means the independence criteria set out in the Governance Regulations;
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

  • Rule 10A-3(b)(1) of the Exchange Act – Listing Standards Relating to Audit Committee – Independence Criteria Independence.

  • If an Independent Director of the Board/Audit and Supervisory Board Member no longer satisfies these Independence Criteria, he/she shall promptly notify Nippon Paint Holdings of the fact.

  • Independent Directors of the Board/Audit & Supervisory Board Member shall strive to maintain the independence prescribed by these Independence Criteria until the resignation from office.

  • The independence of an outside director shall be judged based on the Independence Criteria in the Appendix.

  • Independent Directors shall strive to maintain the independence prescribed by these Independence Criteria until the resignation from office.


More Definitions of Independence Criteria

Independence Criteria has the meaning set forth in Section 5(b).
Independence Criteria shall have the meaning set forth in Section 11(b).
Independence Criteria means the criteria approved by the Board for nomination, and eligibility for appointment, as an Independent Director.
Independence Criteria. – it shall mean the criteria detailed in rule II.Z.4 of Best Practice for GPW Listed Companies 2016;
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;
Independence Criteria shall have the meaning set forth in 10.2.