Examples of Remaining Director in a sentence
Each Remaining Director so elected shall hold office for a term expiring at the next annual meeting following the annual meeting of stockholders at which such director was elected and until his successor is duly elected and qualified, subject to his earlier death, disqualification, resignation or removal.
Consequently, as to the Remaining Directors, stockholders holding a majority of the outstanding voting power entitled to vote in an election of directors could remove any Remaining Director with or without cause.
Section 20.3 Regular, full-time employees (not including employees in temporary upgrade opportunities) in Work Group 2 will be provided an annual boot allowance of up to $100 to be used in the first (1st) quarter of each calendar year for the purchase of a type of work boot approved by management.
There are two vacancies: one Series A Director vacancy and one Remaining Director vacancy.
From the translator’s introductory notice we extract the fol- lowing:The “Pastor of Hermas” was one of the most popular books, if not the most popular book, in the Christian church during the second, third, and fourth centuries.
Prior to each annual meeting of stockholders, the Board of Directors' nominees for Remaining Directors shall be nominated by the Remaining Director Nominating Committee.
This shareholding, for: (1) the Foundation is 1,446,121,500 Shares, representing 39.446%; (2) the Management Directors is 126,185,000 Shares*, representing 3.442%; (3) the Remaining Director is 2,800,000 Shares, representing 0.076%; and (4) the Public is 2,090,946,400 Shares, representing 57.036%.) * Please refer to paragraph 2 of Appendix II to this document for particulars of Shares held by each Management Director.
Except in the case of a directorship to be filled from time to time by the incumbent chief executive officer of the Company, upon expiration of the term of any Remaining Director then in office, or if any Remaining Director shall cease to serve in such capacity for any other reason, the Remaining Directors who shall thereafter be nominated and elected shall be individuals approved by the holders of a majority of the Preferred Shares outstanding.
Save for the Management Directors, brief particulars of whom are set out below, and the Remaining Director, who is the holder of outstanding Employee Options in respect of 2,338,000 Ordinary Shares, none of the other Directors is a party to any of the matters disclosed in this document.
The individual, entity, or group of individuals and/or entities who has the right to designate the Series D Director pursuant this Section 6(a)(v) shall be referred to herein as the “Series D Designator”; and (vi) one (1) person designated jointly by the Series A Designators, the Series C Designators, and the Series D Designator, each voting as a separate series, as the Remaining Director (as defined in the Certificate of Incorporation).