Board Service definition

Board Service means membership on the Board of Directors of the Company or a Subsidiary and includes subsequent service as an Employee, if any, as provided in this paragraph. Notwithstanding any contrary provision or implication herein, in determining cessation of Board Service for purposes hereof, transfers between the Boards of Directors of the Company and/or any Subsidiary shall be disregarded and shall not be considered a cessation of Board Service, and changes in status between that of an Employee and a Non-Employee Director shall be disregarded and shall not be considered a cessation of Board Service.

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Board Service means all years of employment or part years of employment pro-rated to full-time equivalency (but excluding substitute service) with the Board or such recognized service with an immediately preceding school board for which the Board has become the successor Board.

Board Service means service as a member of the Board of Directors of the Company.

Examples of Board Service in a sentence

• The granting of the Restricted Shares evidenced by this Agreement shall impose no obligation on the Company or any Affiliate to continue the Board Service of the Participant and shall not lessen or affect the Company’s or its Affiliate’s right to terminate the Board Service of such Participant.

• Notwithstanding the Policy on Board Service contained in the Employee Policy Manual, during the six-month period preceding the Scheduled Expiration Date, Executive shall, upon reasonable notice to and absent objection by the Chief Executive Officer of the Company, be entitled to explore opportunities for service on the board of directors of any public company that is not a Designated Business, as such term is defined in the Consulting Agreement (Exhibit A, attached hereto).

• Notwithstanding any contrary provision or implication herein, in determining cessation of Board Service for purposes hereof, transfers between the Boards of Directors of the Company and/or any Subsidiary shall be disregarded and shall not be considered a cessation of Board Service, and changes in status between that of an Employee and a Non-Employee Director shall be disregarded and shall not be considered a cessation of Board Service.

• When a job description calls for years of experience under a licensed contractor, relevant experience in a School Board Service Center will be considered as equivalent experience.

• Notwithstanding the foregoing, in the event the Participant’s Board Service ends due to the Participant’s death or Disability, then the Restricted Shares shall be deemed to fully vest on the date of such death or Disability, as applicable.

More Definitions of Board Service

Board Service means service as an Outside Director of the Corporation both before and after the Effective Date.

Board Service means the number of months of combined service on the Board and on the board of directors of any institution merged with or acquired by the Bank.

Board Service. While you serve as Interim CEO, you will also serve on the Company’s Board of Directors (the “Board”) as an Executive Director. During this period you will not receive any additional compensation for your service on the Board. In the event that, following your service as Interim CEO, you remain on the Board as an independent non-executive director, you shall be eligible to earn equity and cash compensation as earned by similarly situated members of the Board and in accordance with the Company’s Board compensation practices. Page 2 of 6

Board Service or “Service with the Board” generally is: a. Seniority in accordance with Article 14 for Probationary and Permanent teachers in accordance with Article 14; and b. Term service in accordance with Article 14 for term teachers who qualify. In the limited circumstances where board service is compared between a permanent (or probationary) teacher and a term teacher, the specific calculation is made by the Human Resources Department and includes the former term service (in accordance with Article 14) for the permanent and probationary teacher.

Board Service means that Executive is serving as a member of the board of directors of a corporation, board of managers of a limited liability company or other comparable governing body of any other entity provided that Executive is not also an officer or employee of such entity. Before accepting a Board Service position with a for-profit entity, Executive shall advise the Company of the name of such entity and obtain prior approval by the Company of such Board Service, such approval not to be unreasonably withheld, conditioned or delayed.

Board Service means Participant’s service as a member of the Board. In addition, for purposes of the Board Service-vesting schedule in effect for each Substitute Award, Participant shall receive Board Service credit for his or her period of continuous service on the Board of Directors of A&B Holdings (or Alexander & ▇▇▇▇▇▇▇, Inc, prior to the its reorganization with A&B Holdings) from the award date for the Cancelled Award which that Substitute Award replaces through the Distribution Date.

Board Service means the number of months of service on the Board."