Examples of Initial Director in a sentence
If an Initial Director is qualified to be an Independent Director and elected by the membership, such Director’s term as an Initial Director shall not be counted for purposes of term limits.
Notwithstanding the foregoing sentence, a person who was an employee of the Company or any of its subsidiaries or affiliates at any time within three years before becoming a Non-Employee Director shall not be entitled to receive an Initial Director Grant.
Initial Director means a Director who is identified in the application to register the Company as having consented to become a Director upon its incorporation.
Each Initial Director Option shall have the terms and conditions specified in the form of Award Agreement attached to this Plan as Appendix A.
The Initial Chair is the Initial Director who held the office of president of Community Restorative Services Incorporated at the general meeting at which this constitution was adopted.