Office Holders definition

Office Holders means as set forth in the Companies Law, regardless of whether such Office Holder is employed by the Company or an Affiliate thereof.

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Office Holders means as set forth in the Companies Law, regardless of whether such Office Holder is employed or engaged, directly or indirectly, by the Company or an Affiliate thereof.

Office Holders. (as such term is defined in the Companies Law, in this Policy, “Office Holders”) in publicly held companies, (ii) establishes a process for the approval of such compensation and (iii) prescribes an obligation to adopt a compensation policy. Accordingly, this Policy was adopted by the Board and by the Shareholders. For purposes of this Policy, “Executive Officers” shall mean Office Holders of the Company who are employed by the Company or an affiliate thereof, excluding, unless otherwise expressly indicated in this Policy, non-executive directors of the Board (the “Directors”). This Policy shall apply to compensation agreements and arrangements that will be approved after the date on which this Policy is adopted. The Board shall review and reassess the adequacy of this Policy from time to time, or as otherwise required by the Companies Law. Considerations in Adopting the Policy – The considerations that guided the Board in adopting the Policy are: • advancement of the Company’s objectives and its financial goals, for the short-term and also with a long-term view; • creating appropriate incentives for Executive Officers taking into account, inter alia, specific divisions or regions of the Company and the Company’s risk management practices; • creating alignment between the Executive Officers’ interests and the interests of Shareholders; • the Company’s size and the nature of its activities and markets; • the Company’s competitive environment. The compensation of an Executive Officer will be determined after giving consideration to the terms offered to comparable executive officers in Comparable Companies (as defined below), to the extent such information is readily available, in order to offer competitive terms and attract and retain competent and capable Executive Officers. The applicable benchmark will be determined such that the compensation of Executive Officers serving in roles having responsibility over global operations will generally be compared to global roles, and Executive Officers serving in particular localities will generally be compared to roles in such localities. In addition, in Docusign Envelope ID: 489EE8FA-C4A3-4998-A070-17B1C15AF34CD6FCFEFE-B290- 6AB-8794-3CCD3C5D1B88

Examples of Office Holders in a sentence

• In the event that in connection with such transaction the Company purchases a directors and officers’ “tail” or “run-off” policy for the benefit of its then serving Office Holders, then such policy shall cover Indemnitee and such coverage shall be deemed to be in satisfaction of the insurance requirements under this Agreement.

• In the event of a merger or consolidation of the Company or a transfer or disposition of all or substantially all of the business or assets of the Company, the Indemnitee shall be entitled to the same indemnification and insurance provisions as the most favorable indemnification and insurance provisions afforded to the then-serving Office Holders of the Company.

• In the event that in connection with a Transaction the Company purchases a directors and officers’ “tail” or “run-off” policy for the benefit of its then serving Office Holders, then such policy shall cover Indemnitee and such coverage shall be deemed to be in satisfaction of the insurance requirements under this Agreement.

• In the event of a merger or consolidation of the Company or a transfer or disposition of all or substantially all of the business or assets of the Company, Indemnitee shall be entitled to the same indemnification and insurance provisions as the most favorable indemnification and insurance provisions afforded to the then-serving Office Holders of the Company.

• The abovementioned insurance for all of the Office Holders of the Company shall be in the total amount of not less than US$5,000,000 (five million US Dollars) (the “Insurance Policy”).

More Definitions of Office Holders

Office Holders means any of the Office Holders of the Federation elected according to these Rules.

Office Holders or “Executives” means as defined in the Companies Law, as well as any executive manager of the Company directly reporting to the CEO, if employed by an Affiliate.

Office Holders means the persons appointed as President, Deputy President or Vice President in accordance with the Articles

Office Holders means a member of the Board of Directors or a person, including an employee of the Association, who makes, or participates in making, decisions that affect the whole, or a substantial part, of the operations of the Association;

Office Holders means office-bearers, MGAEC members, general representatives, campus representatives, secretary and MGA employees;

Office Holders means the County sheriff and all County officials designated as general officers in Section 8-24-102 (a);

Office Holders means the Directors and includes Executive Directors. "Ordinary Director" means a Director other than an Executive Director.