Examples of Parent Committee in a sentence

The number of members of the Executive Committee shall not be greater than six (6) members (or five (5) members if one of the initial Parent Committee Members ceases to be a member of the Executive Committee) at any time during such three (3) year period without the consent of the majority of the Boomtown Committee Members.
Subject to the discretion of the Parent Board and/or the Parent Committee, as applicable, the Executive will be eligible to receive a performance option to acquire shares of Parent’s common stock, with an exercise price equal to the fair market value per share of Parent’s common stock on the date of grant (the “Option”).
Adjustments to the base salaries of Parent’s other executive officers may be initiated by Parent CEO and are approved by Parent Committee.
Base salaries of Parent’s President/Chief Executive Officer (“Parent President”/“Parent CEO”) and Chairman of the Board (“Parent Chairman”) are reviewed as appropriate by Parent Committee, and Parent Committee makes adjustments as it deems necessary.
The initial Parent Committee Members shall be X.X. Xxxxxxx and three (3) other Parent Directors selected by a majority of the Parent Directors then on the Corporation’s Board of Directors.

More Definitions of Parent Committee

Parent Committee means the standing committee designated by Rule 21 to oversee the operations of, and act on all ordinances and resolutions concerning, a particular County office, department, or other entity for which it has oversight responsibility.

Parent Committee means the American Brands, Inc. Incentive Compensation Committee for Subsidiaries and Corporate Office;

Parent Committee means the Kindergarten Parent Committee which is governed by the Rules of their Incorporated Association

Parent Committee in respect of a Sub Committee means the Committee whose terms of reference include those of the Sub Committee.

Parent Committee means, as to any Committee, the Committee to which it reports directly.