Independent Supervisory Board Member definition

Independent Supervisory Board Member means a member of the Supervisory Board who is considered by the Company to be independent in accordance with the best practice provision 2.4.8. of the Corporate Governance Code;
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Independent Supervisory Board Member means any person who meets the criteria for independence set out in the AFEP-MEDEF Governance Code and who is appointed as a PSA Supervisory Board Member;
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Independent Supervisory Board Member means a Supervisory Board member who is considered to be independent in accordance with best-practice provision 2.1.8 of the Dutch Corporate Governance Code Lock-Up Period means the period of time following Settlement in relation to which the Shareholder will undertake towards the underwriters of the Offering not to transfer any Shares to a third party Management Board means the management board (raad van bestuur) of the Company Management Board Rules means the rules of the Supervisory Board in the agreed form set out in Schedule 3, as amended from time to time Offering means the initial public offer of existing Shares by the Shareholder Party means a party to this Agreement, including, for the avoidance of doubt, a new holder of Shares who becomes a party to this Agreement in accordance with clause 11.1 Permitted Transferee has the meaning given to it in clause 11.1
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Examples of Independent Supervisory Board Member in a sentence

  • The Offeror hereby agrees in advance to the assignment of the benefit of this undertaking by any Independent Supervisory Board Member to its successor.

  • The Offeror will bear all costs and expenses relating to the enforcement of the Non-Financial Covenants by an Independent Supervisory Board Member.

  • In addition, as an additional safeguard, each Independent Supervisory Board Member shall have a veto in respect of any such proposed Post-Closing Restructuring Measure.

  • Moreover, due to the changes of Rules of Remunerating the Supervisory Board Members approved by the Ordinary General Meeting on 9 April 2009, each Independent Supervisory Board Member (as defined in the Company’s Statute) elected by the General Meeting, who remains in office after these Rules come into force received a one time grant of 50,000 Restricted Stock Units corresponding to one ordinary share in the Company having the value equal to the market price of Company shares.

  • An Independent Supervisory Board Member shall be required to resign from the Supervisory Board, as soon as such Independent Supervisory Board Member directly or indirectly, acquires any equity or similar interest in Royal Reesink.

  • The review is also designed to enable the Committee to express an opinion on the proposed candidate to succeed the Managing Partner to be submitted for approval at the Annual Shareholders Meeting.To the above ends, for several years now the Compensation and Appointments Committee, led by its Chair who is also the Senior Independent Supervisory Board Member, has analyzed the performance appraisals of key executives prepared by management with the assistance of an independent firm of consultants.

  • Name and surname Position held in PKN ORLEN supervisory board committeeAudit CommitteeArtur Gabor Committee Chairman, Independent Supervisory Board Member till 31 August 2017Radosław L.

  • If no candidate for the position of Independent Supervisory Board Member has been designated, then the Independent Supervisory Board Member is not appointed.3. Each Shareholder meeting the requirements, referred to in Article 2 sentence 1 above, is entitled to designate a candidate for Independent Supervisory Board Member.

  • In the event that the Offeror wishes to deviate from any of the Non-Financial Covenants, the prior approval of the Supervisory Board is required, including a vote in favour by at least one (1) Independent Supervisory Board Member.

  • As at the Report Date, the Dino Polska Supervisory Board consists of five members: ⮚ Tomasz Biernacki (48) – Supervisory Board Chairman, ⮚ Eryk Bajer (53) – Supervisory Board Member, ⮚ Sławomir Jakszuk (58) – Independent Supervisory Board Member, ⮚ Piotr Nowjalis (47) – Independent Supervisory Board Member, ⮚ Maciej Polanowski (51) – Supervisory Board Member.


More Definitions of Independent Supervisory Board Member

Independent Supervisory Board Member means a Supervisory Board Member qualifying as independent within the meaning of clause 1.12.5.3 of Error! Reference s ource not found.; "Management Board" means the management board of the Company; "Management Board Member" means a member of the Management Board; "Management Board Rules" the regulations governing the internal proceedings of the Board of Management; "Remuneration and Nomination Committee" means the committee of the Supervisory Board referred to in clause 3.2.1(b); "Schedule" means a schedule to these rules; "Supervisory Board" means the supervisory board of the Company; "Supervisory Board Member" means a member of the Supervisory Board.
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Independent Supervisory Board Member means either of the independent supervisory board members referred to in Clause 9.3.2, or their successors appointed in accordance with this Agreement and meeting the requirements of Clause 9 (Non-Financial Covenants and strategic intentions);
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Related to Independent Supervisory Board Member

  • 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.

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

  • Supervisory Board means the Supervisory Board of the Company.

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

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

  • Board Member means a member of the Board.

  • Disinterested Board Members means those members of the Board of a Fund that are not deemed to be "interested persons" of the Fund, as defined by the Act.

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

  • Transition Committee shall have the meaning set forth in Section 2.14.

  • independent review committee means the independent review committee of the investment fund established under National Instrument 81-107 Independent Review Committee for Investment Funds;

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

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

  • Independent Committee means a committee of the board of directors of the General Partner made up of directors that are “independent” of Brookfield and its Affiliates, as contemplated by applicable securities Laws;

  • Management Board means the management board of the Company.

  • Technical Committee means the body established in accordance with article VII;

  • Nominating Committee means the nominating committee of the board of directors of the Company established pursuant to the Articles, or any successor committee.

  • 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

  • Nomination Committee means the nomination committee of the Board established in accordance with Article 114;

  • Program Director means an individual who has complete responsibility for the day to day function of the program. The Program Director is the highest level of decision making at a local, program level.

  • Audit Committee means the audit committee of the board of directors of the Company established pursuant to the Articles, or any successor committee.

  • 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.

  • 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.

  • OPSI Advisory Committee means the committee established under Tariff, Attachment M, section III.G.

  • OH&S Committee is referred to hereafter, read “body nominated to implement policy on site”.

  • Project Director means an employee of the Recipient designated by the Authorized Representative to be responsible for the overall management of the administrative and technical aspects of the executed Agreement. The Project Director is set forth in Section 2 of this Agreement.

  • supervisory body means a functionary or institution referred to in Schedule 2;