Independent Director Agreement definition

Independent Director Agreement means the letter agreement, dated May 4, 2006, made by Lord Securities Corporation and accepted by the Company, as amended, supplemented and otherwise modified from time to time.
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Independent Director Agreement means the letter agreement, dated January 21, 2020, made by Citadel SPV (USA) LLC and accepted by the Company, as amended, supplemented and otherwise modified from time to time.
Sample 1Sample 2
Independent Director Agreement means the letter agreement, dated May 4, 2006, made by Lord Securities Corporation and accepted by the Company.
Sample 1

Examples of Independent Director Agreement in a sentence

  • Christopher Mizer $5,000 in monthly director’s fees commencing on May 14, 2019 for a total of $30,000 in addition to granting 300,000 restricted shares of Class A Common Stock in accordance with his Independent Director Agreement, referenced above.

  • Under the Independent Director Agreement, Mr. Mizer will be considered an independent contractor and will receive a monthly fee of $5,000 as well as 300,000 shares of the company’s Class A Common Stock.

  • This 12-month period ending on the anniversary date of the Director’s appointment is a “Service Year.” A new yearly-termed Independent Director Agreement approved by both parties is required to renew this cooperation relationship between Director and Xxxxx Technology Group limited.

  • Christopher Mizer to serve on the company’s Board of Directors pursuant to an Independent Director Agreement.

  • Christopher Mizer was issued 300,000 shares of restricted Class A Common Stock of the company pursuant to a subscription agreement in accordance with his Independent Director Agreement.

  • In connection with his appointment as a director, we entered into an Independent Director Agreement (the “Director Agreement”) with Mr. Chuang, pursuant to which we agreed to pay Mr. Chuang cash compensation in the amount of $25,000 per quarter during the first year of the Director Agreement, and $12,500 per quarter during the second year of the Director Agreement.

  • The Parties hereby agree that the Independent Director Agreement is hereby terminated and of no further force or effect as of the date hereof.

  • If the Bank agrees to the Company’s transfer or delegation of rights and obligations, defined by this agreement, the entity to which this agreement shall be transferred or delegated, shall be deemed a party to this agreement after the transfer or delegation becomes effective.

  • Independent Director Agreement, dated and effective as of August 1, 2017, by and between Abpro Corporation, a Delaware corporation (the “Company”), and the undersigned, Xxxx Xxxxxxxx, who is invited to become a member of the Company’s Board of Directors (the “Board Member”).

  • She may otherwise resign as a director at any time, and the Independent Director Agreement will otherwise terminate on the earlier of the effective date of a plan of liquidation of the Company pursuant to Chapter 11 of the Bankruptcy Code or the conversion of the Cases to cases under Chapter 7 of the Bankruptcy Code.

Related to Independent Director Agreement

  • Independent Director means a director referred to in Section 149 (6) of the Companies Act, 2013.

  • Independent Director/Trustee means any; (i) director or trustee of an Invesco Mutual Fund who is not an “interested person” (as defined in Section 2(a)(19) of the Investment Company Act) of an Invesco Mutual Fund; (ii) director or trustee of an Invesco ETP who is not an “interested person” (as defined in Section 2(a)(19) of the Investment Company Act) of an Invesco ETP; or (iii) member of the Invesco Canada Independent Review Committee, Invesco Canada Funds Advisory Board or Board of Directors of Invesco Corporate Class Inc. who has no other executive responsibilities or engagement in an Invesco Canada Fund or Invesco NA’s day-to-day activities beyond the scope of their duties as director/trustee.

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

  • Independent Director/Trustee means any; (i) director or trustee of an Invesco Mutual Fund who is not an “interested person” (as defined in Section 2(a)(19) of the Investment Company Act) of an Invesco Mutual Fund; (ii) director or trustee of an Invesco ETP who is not an “interested person” (as defined in Section 2(a)(19) of the Investment Company Act) of an Invesco ETP; or (iii) member of the Invesco Canada Independent Review Committee, Invesco Canada Funds Advisory Board or Board of Directors of Invesco Corporate Class Inc. who has no other executive responsibilities or engagement in an Invesco Canada Fund or Invesco NA’s day-to-day activities beyond the scope of their duties as director/trustee.

  • Independent Board Member means a trustee of the Fund who is neither an “interested person” of the Fund as defined in Section 2(a)(19) of the Investment Company Act of 1940, as amended, nor a party to the Proceeding with respect to which indemnification or advances are sought.

  • Independent Manager shall refer to a member of the Board that meets the standards of an “independent director” set forth in NASDAQ Marketplace Rule 4200(a)(15) (on any successor rule) with respect the Company, the Administrator and their respective affiliates. In the event a Special Committee is formed, the term “Independent Manager” shall, as the context requires, refer generically to each Independent Manager.

  • Independent Fund Director means an independent director of an investment company advised by Invesco.

  • Independent Board Committee means the independent board committee of the Company

  • shadow director means, in relation to a company, any person in accordance with whose directions or instructions the directors of the company are accustomed to act, but the person is not deemed to be a shadow director by reason only that the directors act on advice given by that person in a professional capacity; and

  • Management Director means a Person selected in accordance with Article IV of this Agreement who shall have the powers and duties to manage the business and affairs of the Company and exercise its powers to the extent set forth in this Agreement, the Certificate and the Act. Each Management Director shall be a “manager” of the Company within the meaning of the Act.

  • Disinterested Director/Trustee means a Director/Trustee of the Fund who is not an "interested person" of the Fund within the meaning of Section 2(a)(19) of the Act.

  • Parent Directors means the Directors elected or appointed pursuant to Articles 53 – 56 inclusive;

  • 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:

  • New Director means an individual whose election by the Board or 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 either were directors at the Date of Grant or whose election or nomination for election was previously so approved or recommended. However, “New Director” shall not include a director whose initial assumption of office is in connection with an actual or threatened election contest, including but not limited to a consent solicitation relating to the election of directors of the Company.

  • Qualified Director means a person who, at the time action is to be taken under:

  • Investor Director means any Director designated or nominated for election to the Board by the Investor Shareholders pursuant to Section 2.1 of this Agreement.

  • Non-Management Director means any Person selected in accordance with Article IV of this Agreement who is not a Management Director.

  • Appointed Director means a person appointed in accordance with these bylaws as an appointed director or appointed as a replacement director for an appointed director;

  • 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.

  • Director Award means the grant of any Award (other than an Incentive Stock Option), whether granted singly, in combination, or in tandem, to a Participant who is a Director pursuant to such applicable terms, conditions, and limitations established by the Board.

  • 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.

  • Approved Stock Plan means any employee benefit plan which has been approved by the Board of Directors of the Company, pursuant to which the Company's securities may be issued to any employee, officer or director for services provided to the Company.

  • Inside Director means a Director who is an Employee.

  • Non-interested director means a director who is not an “interested director” of a fund and who is not employed by, or has a material business or professional relationship with, the fund or the fund’s investment adviser or underwriter. See Section 2(a)(19) of the Investment Company Act of 1940 for more information.

  • Director Option means an Option granted pursuant to Section 6.

  • Preferred Director means any director of the Company that the holders of record of the Preferred Stock are entitled to elect pursuant to the Company’s Certificate of Incorporation.