Ameri Board means the board of directors of the Corporation or any committee of members of the board of directors authorized by such board to perform any of its responsibilities with respect to the Series A Preferred Stock.
Examples of Ameri Board in a sentence
Such voting rights shall continue until terminated as provided in paragraph (b) of Section 3 hereof, as applicable, whereupon the terms of all persons elected as directors to the Ameri Board by the holders of the Series A Preferred Stock and the Voting Preferred Shares shall terminate effective immediately and the number of directors constituting the Ameri Board shall decrease accordingly.
In 2001 the rate declined, but still reached 4 per cent, despite the sudden drop in economic activity and the reduction of company bonuses.