Examples of Institutional director in a sentence
At all meetings of the Board of ------------------- Directors, a majority of the entire Board, [which majority shall include at least one Institutional Director (as defined in the Stockholders Agreement) and at least one director which is not an Institutional Director,] shall constitute a quorum for the transaction of business and the act of a majority of the directors present at any meeting at which there is a quorum shall be the act of the Board of Directors, except as provided in Section 2.05 hereof.
The Initial Institutional Directors and the Additional Institutional Directors are referred to herein collectively as the "Institutional Directors" and each, individually, an "Institutional Director".
The Board of Directors may designate one or more committees, each committee to consist of three (3) or more directors (including the Chairman of the Board and at least one Institutional Director), and to have such duties and functions permitted by law as shall be provided in such resolution.
Xxxxx Title: Institutional Director Authorized Signatory XXXXXXXX INVESTMENT MANAGEMENT NORTH AMERICA INC.
Meetings of the board of directors shall take place no less frequently than once per calendar month (save that there need be no scheduled meeting in August) and at least five working days' notice shall be given to each director provided that with the consent of a majority of the directors, including the written consent of an Institutional Director, board meetings may be held less frequently and convened on less notice.
A person voting against a resolution under section 303 of the Act to remove an Institutional Director or Non-Executive Director is deemed, in respect of that resolution, to have five times the votes of a person voting in favour of the resolution and regulation 54 of Table A is modified accordingly.
Regulation 37 of Table A is modified by the deletion of the words "eight weeks" and the substitution for them of the words "28 days" and by the insertion of the words "or the Institutional Director acting alone" after the second word of that regulation.
Article 13.4.4 does not apply to the removal or appointment of an Institutional Director or Non-Executive Director.
The Company shall pay a fee of €60,000 per annum to each Institutional Director in respect of the services provided by each Institutional Director and shall reimburse each Institutional Director for any reasonable out of pocket expenses properly incurred by them in connection with their office as directors.
All the unvested stock option and restricted stock unit grants you have received will become fully vested and exercisable on April 22, 2002, or earlier upon the appointment and commencement of employment of a new CEO, except for your December 3, 2001 stock option and restricted stock unit special retention grants, and any future grants that you may be awarded.