LIC Board definition

LIC Board means the Board of Directors of LIC or a duly authorized committee thereof.
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Examples of LIC Board in a sentence

  • The foregoing conditions are for the sole benefit of LIC and shall not in any way limit LIC’s right to amend, modify or terminate this Agreement in accordance with Section 6.1. Any of the foregoing conditions set forth in Section (f) and (g) may be waived by the LIC Board and any determination made by the LIC Board prior to the Redemption concerning the satisfaction or waiver of any condition set forth in this Section 2.2 shall be final and conclusive.

  • The foregoing conditions are for the sole benefit of LIC and shall not in any way limit LIC’s right to amend, modify or terminate this Agreement in accordance with Section 6.1. Any of the foregoing conditions set forth in Section 2.2(b), (f) and (g) may be waived by the LIC Board and any determination made by the LIC Board prior to the Distribution concerning the satisfaction or waiver of any condition set forth in this Section 2.2 shall be final and conclusive.

  • As of the Effective Time, and as determined by the LIC Board pursuant to its authority granted under the applicable stock incentive plan of LIC, each holder of a restricted stock unit with respect to shares of Liberty Ventures Common Stock (“Liberty Ventures Restricted Stock Unit Awards”) will receive a restricted stock unit with respect to the corresponding series of Spinco Common Stock and a restricted stock unit with respect to Spinco Series C Common Stock (each, a “Spinco Restricted Stock Unit”).

  • The foregoing conditions are for the sole benefit of LIC and shall not in any way limit LIC’s right to amend, modify or terminate this Agreement in accordance with Section 6.1. The foregoing condition set forth in Section 2.2(e) may be waived by the LIC Board and any determination made by the LIC Board prior to the Distribution concerning the satisfaction or waiver of any condition set forth in this Section 2.2 shall be final and conclusive.

  • It is anticipated that during the Term, Liberty Interactive will nominate and recommend to the stockholders of Liberty Interactive that Executive be elected to the LIC Board whenever Executive is scheduled to stand or stands for reelection to the LIC Board at any of Liberty Interactive’s annual stockholder meetings during the Term.

  • The Bonus will be determined by the Compensation Committee of the LIC Board (the “Compensation Committee’) in its sole discretion and will be (i) based on such criteria as are approved in advance by the Compensation Committee, and (ii) designed in a manner such that the Bonus will be treated as “qualified performance-based compensation” within the meaning of Section 162(m).

  • Executive will continue to serve as a member of the LIC Board immediately following the Effective Date.

  • Upon termination of the Executive’s employment by QVC for any reason or voluntarily by Executive for any reason, Executive will promptly resign from the LIC Board unless otherwise requested by Liberty Interactive.

Related to LIC Board

  • MUSL Board means the governing body of the MUSL, which is comprised of the chief executive officer of each Party Lottery.

  • Parent Board means the board of directors of Parent.

  • CPF Board means the Central Provident Fund Board, a body corporate established under the Central Provident Fund Act (Cap. 36);

  • Member board means a state agency in a member state that acts in the sovereign interests of the state by protecting the public through licensure, regulation, and education of physicians as directed by the state government.

  • Company Board of Directors means the board of directors of the Company.