New Director definition

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.

New Director means an individual whose election by the HFC Board, or nomination for election by holders of the voting securities of HFC, was approved by a vote of at least two-thirds (2/3) 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 HFC.

New Director means an individual whose election by the HFC Board, or nomination for election by the holders of the voting securities of HFC, 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 HFC.

Examples of New Director in a sentence

• Directors should be provided meaningful information in a timely manner prior to board meetings and should be allowed reasonable access to management to discuss board issues.a. Board Access to Management: The board should have a process in place by which all directors can have access to senior management.b. New Director Induction: The board should have in place a formal process of induction for all new directors so that they are well-informed about the company as soon as possible after their appointment.

• Risk LevelLowCorrective Action for 1st InstanceWarning when the director:• Received preservice training, but it was earlier than 6 months before or later than 10 days after beginning job duties.•Has completed New Director Training, but it was completed outside of the required time frame.

• Risk LevelModerateCorrective Action for 1st InstanceCitation Warning when the director:• Did not receive 2-1/2 hours of preservice training.• Had unsupervised contact with a child in care before completing preservice training.• Has not completed New Director Training and it is outside of the required time frame.• Did not complete the annual child care training hours by the license expiration date.

• Effective upon the appointment of the Replacement New Director to the Board, such Replacement New Director will be considered a New Director for all purposes of this Agreement from and after such appointment.

• Upon a Replacement Director’s appointment to the Board, such Replacement Director shall be deemed to be a New Director for all purposes under this Agreement.

More Definitions of New Director

New Director. , for purposes of an Award, means a person who (i) is first elected or appointed as a Non-Employee Director on or after the Effective Date, or (ii) first becomes a Non-Employee Director on or after the Effective Date.

New Director means a Non-Employee Director of the Company who first becomes a member of the Board of Directors on a date that is not an Annual Meeting Date.

New Director means an individual whose election by the Hxxxx Board, or nomination for election by holders of the voting securities of Hxxxx, was approved by a vote of at least two-thirds (2/3) of the directors then still in office who either were directors as of 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 Hxxxx.

New Director means an Eligible Director who is first elected to the Board after May 15, 1996.

New Director means a person who (i) is first elected or appointed as a Non‑Employee Director on or after the Effective Date, or (ii) first becomes a Non‑Employee Director on or after the Effective Date.

New Director means an individual whose election by the Employer's Board of Directors or nomination for election by the Employer's shareholders was approved by a vote of at least 2/3's of the directors then still in office who either were directors at the beginning of the Period or whose election or nomination for election was previously so approved. However, "new director" shall not include a director designated by a person who has entered into an agreement with the Employer to effect a transaction described in subparagraphs (i)(A) or (B) above.

New Director has the meaning set forth in Section 6.18.