Member Elected Director definition

Member Elected Director means a Director appointed pursuant to Article 5.3.
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Member Elected Director means a person nominated by a Voting Member, and subsequently elected to the Board in accordance with clause 8.16;
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Member Elected Director has the meaning given to that term in clause 12.2(a).
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Examples of Member Elected Director in a sentence

  • Subject to this Article and to Schedule 3 (Transitional Provisions), a Member Elected Director must retire at the third AGM after the date of their election by the Members.

  • If the number of candidates nominated for the position of Member Elected Director exceeds the number of Vacant Positions, a ballot shall be held in accordance with this clause 12.4 and any By-laws or Regulations made by the Board under clause 14.2 for the purposes of this clause.

  • Unless the board determines otherwise, a person that satisfies the qualification requirements under rule 9.4 may be nominated for election as a Member Elected Director by not less than 15 Eligible Members.

  • Subject to this Article, if a Member Elected Director vacates or is removed from office for any reason, then the Board may resolve to appoint another person as a Member Elected Director in the place of that Member Elected Director who is no longer continuing in office so as to ensure compliance with Article 5.1(b) PROVIDED THAT the term of that appointment will only be until the next AGM following the appointment, at which AGM the appointee must retire from office.

  • Only Honorary Members who have previously been financial Members of AMAQ (previously known as Life Members) are eligible to nominate for a Member Elected Director position.

  • Member Elected Director means a person elected as a Director pursuant toclause 19.4. Member’s Guarantee Amount means the amount referred to in clause 40.1. Membership means membership of the Company as a Member.Office means the registered office of the Company.

  • However, it is always possible that two or more individuals might wish to fulfil the role so the Board will be the ultimate decision maker.The title Member Elected Director is superfluous as it is clear they are elected by the membership and the term ‘Elected Director’ is preferred.

  • All Member Elected Directors automatically retire at the end of the annual general meeting on the third anniversary of their appointment, unless sub-clause 30.5 applies, and are eligible to re-nominate subject to the condition of not serving more than two consecutive terms of office as a Member Elected Director.

  • In the event that a Member- Elected Director is removed for cause, the Member that elected such director shall have the right to appoint a replacement director.

  • At this meeting, SA Members will vote on one (1) Member Elected Director position.


More Definitions of Member Elected Director

Member Elected Director means a person who is elected and appointed to that office for the time being.
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Member Elected Director means a director of the Company appointed under Article 12.3;
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Member Elected Director has the meaning given to that term in clause 10.2. Membership Fee has the meaning given to that term in clause 4.2.
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Member Elected Director means a Director of the Society elected to the Board by the Members of the Society pursuant to clause 10.2.1 and 10.2.2.
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Member Elected Director means a director elected by the Ordinary Members and the Honorary Members under rule 13.4;
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Related to Member Elected Director

  • Elected Director means a person elected as an elected director in accordance with these bylaws or elected or appointed as a replacement director for an elected director;

  • Designated Director means a person designated by the RE to ensure overall compliance with the obligations imposed under chapter IV of the PML Act and the Rules and shall include:

  • Preferred Director means any director of the Company that the holders of record of the Preferred Stock are entitled to elect pursuant to the Company’s Certificate of Incorporation.

  • Qualified Director means a person who, at the time action is to be taken under:

  • Appointed Director means a person appointed in accordance with these bylaws as an appointed director or appointed as a replacement director for an appointed director;

  • Unaffiliated Director means, for purposes of this Code, a director or honorary director of the Fund who is not a director, officer or employee of the Adviser or an affiliate thereof.

  • Investor Designee means an individual nominated by the Board as a “Investor Designee” for election to the Board pursuant to Section 5.10(a), Section 5.10(d) or Section 5.10(e) of the Investment Agreement.

  • Company Director means a member of the Board.

  • Non-interested director means a director who is not an “interested director” of a fund and who is not employed by, or has a material business or professional relationship with, the fund or the fund’s investment adviser or underwriter. See Section 2(a)(19) of the Investment Company Act of 1940 for more information.

  • Interested Director means a director or trustee of an investment company who is an interested person within the meaning of Section 2(a)(19) of the Act. A “Disinterested Director” is a director who is not an interested person under Section 2(a)(19) of the Act.

  • Investor Director means any Director designated or nominated for election to the Board by the Investor Shareholders pursuant to Section 2.1 of this Agreement.

  • 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

  • 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.

  • Preferred Directors means, collectively, the Series A Directors and the Series B Director.

  • Series B Director means any director of the Company that the holders of record of the Series B Preferred Stock are entitled to elect pursuant to the Company’s Certificate of Incorporation.

  • Stockholder Group means the Stockholder and each Person (other than any member of the Company Group) that is an Affiliate of the Stockholder.

  • elected member means a member of the authority board who:

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

  • Board Designee means an employee of the Board who has been given authority by the Board to carry out a function for the Board (e.g., the Clerk, Assistant Clerk of the Board, or hearing officer).

  • Independent Fund Director means an independent director of an investment company advised by Invesco.

  • Parent Directors means the Directors elected or appointed pursuant to Articles 53 – 56 inclusive;

  • Continuing Director means, with respect to any Person as of any date of determination, any member of the board of directors of such Person who (a) was a member of such board of directors on the Closing Date, or (b) was nominated for election or elected to such board of directors with the approval of a majority of the Continuing Directors who were members of such board at the time of such nomination or election.

  • Director means a member of the Board.

  • Member Director means a Director elected or appointed pursuant to section 8(2)(a) of the Act and Section 5.02;

  • Sponsor Director means an individual elected to the Board that has been nominated by the Sponsor pursuant to this Agreement.

  • Deputy Director means the Deputy Director of the Authority, as the case may be.