Qualifications of Directors. A director is not required to hold a share in the capital of the Company as qualification for his or her office but must be qualified as required by the Business Corporations Act to become, act or continue to act as a director.
Qualifications of Directors. No person shall be elected or appointed a director if that person is less than 18 years of age, is of unsound mind and has been found so by a court, is not an individual, or has the status of a bankrupt. Directors may, but need not, be Stockholders.
Qualifications of Directors. All Directors elected by the Class A Members shall be natural persons and must be Class A Members or an elected or appointed representative of a Class A Member which is other than a natural person.
Qualifications of Directors. Directors must be natural persons who are eighteen years of age or older but need not be residents of this state or shareholders of this Corporation.
Qualifications of Directors. Directors need not be stockholders to be qualified for election or service as a director of the Corporation.
Qualifications of Directors. The chairman, the Directors and the Alternate Directors shall be persons with internationally recognized qualifications and extensive practical experience in at least one of the following fields: insurance; trade finance and banking; commercial law; or economics.
Qualifications of Directors. (a) A representative on the Sponsor Body shall not be a Director.
Qualifications of Directors. In selecting the Post-Closing Board, and in nominating and selecting all subsequent Directors, consideration shall be given to ensuring that the Board collectively possess experience in all of the areas mentioned below, and represent the state's gender, racial, cultural, geographic and ethnic diversity; and each Director shall, prior to his or her selection or nomination, possess the following qualifications:
Qualifications of Directors. A majority of directors on the board shall be resident Canadians. No person shall be elected or appointed or continue to hold office as a director if that person is not a Member of the Co-operative or a director, officer, shareholder or member of a corporate Member, is less than 18 years of age, is mentally incompetent or is an undischarged bankrupt.
Qualifications of Directors. No person shall be qualified to be a director of the Corporation unless that person has been nominated by the Board of Directors or is nominated by a shareholder who has given not less than seventy days written notice to the president of the Corporation of the identity of the nominee and furnished all of the information about the nominee which would be required to be included about the nominee in a proxy statement under Regulation 14A under the Securities Exchange Act of 1934.
