Series B Director definition

Series B Director means any director of the Company that the holders of record of the Series B Preferred Stock are entitled to elect pursuant to the Company’s Certificate of Incorporation.

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Series B Director has the meaning set forth in Section 6.1(a) hereof.

Series B Director means the member of the Board of Directors designated by the holders of shares of Series B Stock pursuant to the Series B Certificate.

Examples of Series B Director in a sentence

In addition, the Company shall not amend, modify, terminate, waive, or otherwise alter, in whole or in part, any of the above-referenced agreements or any restricted stock agreement between the Company and any employee, without the consent of the Series A Director and the Series B Director.
If any such Series B Director is unwilling to resign, the Series B Holders will take such actions as are necessary to cause the removal of the Series B Director as promptly as reasonably practicable.
The Series B Holders shall not nominate or elect any such Series B Director who does not meet the requirements set forth in this Section 1.1(c) and shall cause any such Series B Director who fails to meet the requirements set forth above to resign promptly.
However, the Nominating and Corporate Governance Committee shall not have any right nor shall it have any duty to approve or disapprove any person meeting the requirements of Section 1.1(c) selected as a Series B Director by the Series B Holders.
Unless otherwise determined by the vote of a majority of the directors (which majority shall include a Series B Director) then in office, the Board shall meet at least quarterly in accordance with an agreed-upon schedule.

More Definitions of Series B Director

Series B Director has the meaning set forth in the Amended ▇▇▇.

Series B Director shall have the meaning assigned to it in the Certificate.

Series B Director has the meaning set forth in Section 2.1(i) hereof.

Series B Director has the meaning specified in Article 73(a).

Series B Director has the meaning ascribed to such term in the Certificate.

Series B Director has the meaning ascribed to it in the Memorandum and Articles, as amended from time to time.

Series B Director has the meaning specified in the Voting Agreement.