Stockholder Directors definition

Stockholder Directors has the meaning set forth in Section 4.2.
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Stockholder Directors means Stockholder Nominees who are elected or appointed to serve as members of the Board in accordance with this Agreement.
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Stockholder Directors has the meaning ascribed to it in Section 7.1.
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Examples of Stockholder Directors in a sentence

  • The Corporation further agrees that no advancement or payment by the Stockholder Indemnitors on behalf of the Stockholder Directors with respect to any claim for which the Stockholder Directors have sought indemnification from the Corporation shall affect the foregoing and the Stockholder Indemnitors shall have a right of contribution and/or to be subrogated to the extent of such advancement or payment to all of the rights of recovery of the Stockholder Directors against the Corporation.

  • The Corporation and the Stockholder Directors agree that the Stockholder Indemnitors are express third party beneficiaries of the terms of this paragraph.

  • Except as expressly otherwise provided in these Bylaws, the qualifications, manner of nomination, election, bases of removal, and related matters respecting the Appointed Stockholder Director(s) shall be determined from time to time by the Board, subject to applicable Regulations.

  • Subject to the foregoing, the number of Appointed Stockholder Directors, if any, shall be determined by the Board from time to time; provided however, that the reduction in the number of Appointed Stockholder Directors shall not have the effect of shortening the term of an incumbent Appointed Stockholder Director.

  • The term of the Appointed Stockholder Director(s) shall be the same as those for directors elected by the Voting Stockholders.

  • Upon completionof both studies, 383 patients enrolled in an open-label extension study, in which 40 mg adalimumab was administered every other week.

  • Such Stockholder Directors are entering into this Agreement solely in their capacity as stockholders of the Company, and not as directors of the Company.

  • Effective at the Closing, the persons designated as such by Parent shall become the initial Parent Directors; the persons designated as such by the Individual Stockholders shall be the initial Stockholder Directors and the persons designated as such by Parent shall become the initial Outside Directors.

  • 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.

  • Upon the occurrence of subsection (A) of the foregoing, both Restricted Stockholder Directors shall immediately tender their resignations to the Board.


More Definitions of Stockholder Directors

Stockholder Directors. As defined in Section 5.1.
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Related to Stockholder Directors

  • Investor Directors has the meaning set forth in Section 2(a).

  • Member Director means a Director elected or appointed pursuant to section 8(2)(a) of the Act and Section 5.02;

  • Investor Director means any Director designated or nominated for election to the Board by the Investor Shareholders pursuant to Section 2.1 of this Agreement.

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

  • New Directors means any director whose election by the Board or whose nomination for election by the Company's stockholders was approved by a vote of at least two-thirds of the directors then still in office who were Present Directors or New Directors.

  • Preferred Directors means, collectively, the Series A Directors and the Series B Director.

  • Major Stockholders means those stockholders owning more than ten percent (10%) of the voting stock of any

  • Stockholder Group means the Stockholder and each Person (other than any member of the Company Group) that is an Affiliate of the Stockholder.

  • Sponsor Director means an individual elected to the Board that has been nominated by the Sponsor pursuant to this Agreement.

  • Stockholders means the stockholders of the Corporation.

  • 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.

  • Series A Directors means the directors of the Company that have been solely designated by the holders of record of the Series A Preferred Stock pursuant to the Company’s Certificate of Incorporation, the Stockholders Agreement or otherwise.

  • Company Stockholder Meeting means the meeting of the holders of shares of Company Common Stock for the purpose of seeking the Company Stockholder Approval, including any postponement or adjournment thereof.

  • Shareholder Group means (i) Shareholder and (ii) any Affiliate or Shareholder Family Entity (as defined in the Shareholder's Agreement) of Shareholder (other than the Company).

  • Company Stockholders Meeting has the meaning set forth in Section 6.2(a).

  • Disinterested Shareholder means a shareholder that is not an Insider to whom options may be granted under the Plan and they are not an Associate of any Insider.

  • Elected Director means a person elected as an elected director in accordance with these bylaws or elected or appointed as a replacement director for an elected director;

  • Common Stockholders means holders of shares of Common Stock.

  • Company Board of Directors means the board of directors of the Company.

  • Designated Director means a person designated by the RE to ensure overall compliance with the obligations imposed under chapter IV of the PML Act and the Rules and shall include:

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

  • Disinterested Director means a director of the Company who is not and was not a party to the Proceeding in respect of which indemnification is sought by Indemnitee.

  • Disinterested Director/Trustee means a Director/Trustee of the Fund who is not an "interested person" of the Fund within the meaning of Section 2(a)(19) of the Act.

  • Parent Stockholders Meeting has the meaning set forth in Section 6.2(b).

  • Company Shareholders Meeting shall have the meaning set forth in Section 5.2(b).

  • shadow director means, in relation to a company, any person in accordance with whose directions or instructions the directors of the company are accustomed to act, but the person is not deemed to be a shadow director by reason only that the directors act on advice given by that person in a professional capacity; and