New Director definition

New Director means an individual whose election by the Board or 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 either were directors at the Date of Grant or whose election or nomination for election was previously so approved or recommended. However, “New Director” shall not include a director whose initial assumption of office is in connection with an actual or threatened election contest, including but not limited to a consent solicitation relating to the election of directors of the Company.

New Director means an individual whose election by the HFC Board, or nomination for election by holders of the voting securities of HFC, was approved by a vote of at least two-thirds (2/3) of the directors then still in office who either were directors at the Date of Grant or whose election or nomination for election was previously so approved or recommended. However, “New Director” shall not include a director whose initial assumption of office is in connection with an actual or threatened election contest, including but not limited to a consent solicitation relating to the election of directors of HFC.

New Director means a person who (i) is first elected or appointed as a Non-Employee Director on or after the Effective Date, or (ii) first becomes a Non-Employee Director on or after the Effective Date.

Examples of New Director in a sentence

• The Company shall recommend, support and solicit proxies for the election of the New Director at such annual meeting of stockholders in a manner no less rigorous and favorable than the manner in which the Company supports the Board’s other nominees in the aggregate.

• Effective concurrently upon the appointment of the New Director to the Board, the Board and the Nominating and Governance Committee shall take all necessary action to appoint the New Director to the Nominating and Governance Committee of the Board and to assign her as the Chairperson of the Nominating and Governance Committee.

• Xxxxx agrees that neither it nor any of its Affiliates (i) has paid or will pay any compensation to the New Director in connection with her service on the Board or any committee thereof, or (ii) has or will have any agreement, arrangement, or understanding, written or oral, with the New Director regarding her service or actions on the Board or any committee thereof.

• In the event that the New Director no longer serves as Chair of the Nominating and Governance Committee as a result of a Fiduciary Duty Recommendation Change, the Fiduciary Duty Appointee shall serve as Chair of the Nominating and Governance Committee upon his or her appointment.

• The New Director and the Company shall also execute a confidentiality agreement between herself and the Company in the form attached hereto as Exhibit C (the “New Director Confidentiality Agreement”).

More Definitions of New Director

New Director means an individual whose election by the Employer's Board of Directors or nomination for election by the Employer's shareholders was approved by a vote of at least 2/3's of the directors then still in office who either were directors at the beginning of the Period or whose election or nomination for election was previously so approved or recommended. However, "new director" shall not include a director whose initial assumption of office is in connection with an actual or threatened election contest, including but not limited to a consent solicitation relating to the election of directors of the Company.

New Director means a Non-Employee Director of the Company who first becomes a member of the Board of Directors on a date that is not an Annual Meeting Date.

New Director means an individual whose election by Holly’s Board or nomination for election by holders of the voting securities of Xxxxx was approved by a vote of at least two-thirds (2/3) of the directors then still in office who either were directors at the Date of Grant or whose election or nomination for election was previously so approved or recommended. However, New Director shall not include a director whose initial assumption of office is in connection with an actual or threatened election contest, including but not limited to a consent solicitation relating to the election of directors of the Xxxxx.

New Director means an Eligible Director who is first elected to the Board after May 15, 1996.

New Director means an individual whose election by the Employer's Board of Directors or nomination for election by the Employer's shareholders was approved by a vote of at least 2/3's of the directors then still in office who either were directors at the beginning of the Period or whose election or nomination for election was previously so approved. However, "new director" shall not include a director designated by a person who has entered into an agreement with the Employer to effect a transaction described in subparagraphs (i)(A) or (B) above.

New Director means a person who (i) is first elected or appointed as a Non‑Employee Director on or after the Effective Date, or (ii) first becomes a Non‑Employee Director on or after the Effective Date.

New Director has the meaning set forth in Section 6.18.