Independent Board Members means those members of the Board that have been determined by the Board to be independent in accordance with Nasdaq Marketplace Rule 5605(a)(2).
Independent Board Members means those members of the Board that have been determined by the Board to be independent in accordance with the applicable Nasdaq listing requirements.
Independent Board Members has the meaning specified in Section 6.21(a).
Examples of Independent Board Members in a sentence
Shareholders may replace, at any time and without justification, the member(s) of the Company’s Board of Directors indicated by them (except for Independent Board Members and including, for the Reference Investor, the Board Member who occupies the role of Chair of the Board of Directors), and the other Shareholders are hereby obliged to vote in favor to elect the replacement appointed by the other Shareholder under the terms of this Agreement.
Before electing the Board of Directors, Shareholders must select the 3 (three) candidates for the positions of Independent Board Members of the Company’s Board of Directors.
More Definitions of Independent Board Members
Independent Board Members means the BOARD MEMBERS who are not employed by nor have a financial interest in the SPONSOR;
Independent Board Members shall have the meaning set forth in Section 8.4(c)(i).
Independent Board Members means those members of the Board that have been determined by the Board to be independent in accordance with the New York Stock Exchange listing standards.
Independent Board Members means those members of the Board that have been determined by the Board to be independent in accordance with Rule 303A.02 of the NYSE.
Independent Board Members means Board Members who are not in the active
Independent Board Members means Board Members who are not in the active employment or service of,
Independent Board Members means those members of the Board that were not elected to the Board as designees of the Holder (or of any series of Preferred Stock of which the Holder holds securities), as described in the Stockholders’ Agreement, and who are not otherwise Affiliates of the Holder; provided, however, that for purposes of the definition of “Total Consideration” below, the determination of “Independent Board Members” shall be made with respect to the Majority Holders that deliver a Dispute Notice pursuant to Section 3(c) of this Warrant instead of the Holder as described above in this definition.