Independence. The Director acknowledges that appointment to the Board is contingent upon the Board’s determination that the Director is “independent” with respect to the Company in accordance with applicable listing standards of the New York Stock Exchange and any other applicable rules, and that the Director may be removed from the Board in the event that the Director does not maintain such independence. The Director acknowledges and agrees that the acceptance, directly or indirectly, of any consulting, advisory, or other compensatory fee, other than for Board service, from the Company or any subsidiary thereof will impair the Director’s independence, and the Director agrees not to accept any such fees.
Appears in 14 contracts
Sources: Independent Director Agreement (Timwood Holdings LTD), Independent Director Agreement (Bluemount Holdings LTD), Independent Director Agreement (KWF Group Holding LTD)
Independence. The Director acknowledges that appointment to the Board is contingent upon the Board’s determination that the Director is “independent” with respect to the Company in accordance with applicable listing standards of the New York Stock Exchange NYSE American LLC and any other applicable rules, and that the Director may be removed from the Board in the event that the Director does not maintain such independence. The Director acknowledges and agrees that the acceptance, directly or indirectly, of any consulting, advisory, or other compensatory fee, other than for Board service, from the Company or any subsidiary thereof will impair the Director’s independence, and the Director agrees not to accept any such fees.
Appears in 3 contracts
Sources: Independent Director Agreement (Cafe Deco Group LTD), Independent Director Agreement (Cafe Deco Group LTD), Independent Director Agreement (Cafe Deco Group LTD)
Independence. The Director acknowledges that appointment to the Board is contingent upon the Board’s determination that the Director is “independent” with respect to the Company in accordance with applicable listing standards of the New York Stock Exchange NASDAQ Capital Market and any other applicable rules, and that the Director may be removed from the Board in the event that the Director does not maintain such independence. The Director acknowledges and agrees that the acceptance, directly or indirectly, of any consulting, advisory, or other compensatory fee, other than for Board service, from the Company or any subsidiary thereof will impair the Director’s independence, and the Director agrees not to accept any such fees.
Appears in 3 contracts
Sources: Independent Director Agreement (Zensitive Holding LTD), Independent Director Agreement (Smart Pointer Group Holdings LTD), Independent Director Agreement (McLaren International Holdings LTD)
Independence. The Director acknowledges that appointment to the Board is contingent upon the Board’s determination that the Director is “independent” with respect to the Company in accordance with applicable listing standards Company, as such term is defined by Section 303A of the New York Stock Exchange NYSE Corporate Governance Rules, and any other applicable rules, and that the Director may be removed from the Board in the event that the Director does not maintain such independence. The Director acknowledges and agrees that the acceptance, directly or indirectly, of any consulting, advisory, or other compensatory fee, other than for Board service, from the Company or any subsidiary thereof will impair the Director’s independence, and the Director agrees not to accept any such fees.
Appears in 1 contract