Parent Directors definition

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

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Parent Directors means the Directors appointed pursuant to Articles 53

Parent Directors means the Directors who may be appointed pursuant to Articles 53 – 56 inclusive;

Examples of Parent Directors in a sentence

• There shall be a minimum of 2 Parent Directors for every 10 or fewer Academies.

• Parent shall assume and retain all Liabilities under the Parent Director Deferred Compensation Plans the benefits of Parent Directors and all nonemployee directors who ceased serving on the Parent Board prior to the Effective Time.

• All Parent Directors shall remain in their respective classes without any change (except as contemplated by the board declassification procedure of Parent’s Amended and Restated Certificate of Incorporation).

• The Board is constituted as follows: up to seven Trustees appointed by Members; the Principal; one staff Director appointed under Article 50A; a minimum of two Parent Directors; In accordance with the Articles, the Trustees shall elect a Chair and Vice-Chair from among their number each academic year.

• Parent shall be entitled at any time and for any reason (or for no reason) to designate one or more Parent Directors for removal, and a Majority Vote of the Individual Stockholders shall be entitled at any time and for any reason (or for no reason) to designate one or more Stockholder Directors for removal.

More Definitions of Parent Directors

Parent Directors means the Directors appointed pursuant to Articles 53 - 56 inclusive.

Parent Directors means any Directors appointed pursuant to Articles 53 – 56 inclusive;

Parent Directors means those Directors elected or appointed pursuant to Articles 53 – 56B inclusive;

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

Parent Directors means six current members of Parent’s Board of Directors who are identified as such by Parent in a notice to the Company delivered within fifteen (15) days of the date hereof and who are acceptable to the Company, such acceptance not to be unreasonably withheld, conditioned or delayed; provided, however, that if any such persons are unable or unwilling to serve as directors of the Surviving Corporation as of the Effective Time, such persons shall be replaced by other persons who are identified by Parent and who are acceptable to the Company, such acceptance not to be unreasonably withheld, conditioned or delayed. In no instance shall there be more or less than six Parent Directors as of the Effective Time.

Parent Directors shall have the meaning described in Section 1.1.

Parent Directors. Stock Unit Plan” means Parents’ Non-Employee Directors Deferred Stock Unit Plan.