Management Board Member definition

Management Board Member means any member of the Board who is also a full-time employee of the Company or any of its Subsidiaries.
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Management Board Member has the meaning given in Clause 6.1.1; "NL Business" means [●];
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Management Board Member means a member of the Management Board.
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Examples of Management Board Member in a sentence

  • If the wife is already deceased at that time, the entitlement passes to the dependent children of the Management Board Member.

  • The Management Board Member agrees to provide prior written notice to the Company of any secondary activity that does or may require approval.

  • The Supervisory Board reserves the right to issue further options to the Management Board Member during the term of the Service Agreement as additional performance-based compensation.

  • The other obligations of the Company toward the Management Board Member arising from this Agreement remain unaffected by such a Change of Control.

  • The Management Board Member is obligated to undergo any required medical examination.

  • The Management Board Member can be insured by the Company for the benefit of the Company under a term life policy.

  • If the Management Board Member resigns over the course of the calendar year, he is entitled to a pro rata share.

  • The annual payment of a bonus is further provided as compensation for the Management Board Member.

  • If the Management Board Member dies during the term of this Service Agreement, the fixed salary pursuant to § 3, Paragraph 1 shall continue to be paid to his wife or other dependents for the six months following the month of death.

  • In each case of termination, the Company may, at its own discretion, and independently of the effectiveness of the termination and with reservation of its other rights, release the Management Board Member from his activity for the Company or entrust him with other responsibilities that may be regarded as appropriate with respect to the professional qualifications of the Management Board Member.


More Definitions of Management Board Member

Management Board Member means a member of the Management Board;
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Management Board Member means any member of the Management Board;
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Management Board Member. – means the President of the Management Board, its
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Management Board Member a member of the management board of any Group Company;
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Management Board Member means each member of the Management Board, including the person serving as the President of the Management Board and the Vice-President of the Management Board, except where the context indicates that reference is made exclusively to a Management Board Member.
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Management Board Member has the meaning given in Clause 6.1.1;
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Related to Management 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.

  • Management Board means the management board of the Company.

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

  • Board Member means a member of the Board.

  • 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.