Board Term definition

Board Term means the approximate 12-month period commencing on the date of the Company’s annual meeting of shareholders at which Board members are elected or appointed for the year.
Board Term means the annual term of the Board, which shall coincide with the corporation’s fiscal year, commencing May 1st and ending April 30th of any given calendar year.
Board Term means, in respect of a Director, the period from the date of the first Board meeting immediately after the Annual General Meeting of the year in which the Director is appointed until the date of the Board meeting immediately after the Annual General Meeting in the calendar year three (3) years thereafter.

Examples of Board Term in a sentence

  • Bylaws shall be reviewed and approved by a majority vote of the full Board (including substitute members) at the first meeting of each new Board term or as soon as practical thereafter.

  • If a vacancy in any class shall occur otherwise than by expiration of the Planning Board term, it shall be filled by appointment, as above provided, for the unexpired term.

  • When a new member is appointed to fill a vacancy during a Board term, the new member must sign the bylaws.

  • Council member Wes Spurrier moved to reappoint Marsi Tripi to the Architectural Review Board, term expiring 12/31/2026.

  • Adoption of Resolution No. 5321 appointing Vicki*23-24Stewart to the Champaign-Urbana Mass Transit District Board, term ending December 31, 2010.B25-262.


More Definitions of Board Term

Board Term means the four-year term beginning the first Monday in June in the year immediately following a gubernatorial election.
Board Term means the annual term of the Board, which shall coincide with the corporation’s fiscal year, commencing June 1st and ending May 31st.
Board Term means each Board year beginning on the date of an annual meeting of the Company's shareholders and ending on the date immediately preceding the next annual meeting of the Company's shareholders.
Board Term has the meaning as set out in Clause 6.2.
Board Term means each Board year beginning on the date of an annual meeting of the Company’s stockholders and ending on the date immediately preceding the next annual meeting of the Company’s stockholders.
Board Term means each Board year beginning on the date of an annual meeting of the Company’s stockholders and ending on the date immediately preceding the next annual meeting of the Company’s stockholders; provided, however, that the initial Board Term shall commence on the first business day following the date of the closing of the initial public offering of Common Stock and end on the date immediately preceding the 2015 annual meeting of the Company’s stockholders, and the applicable Annual Retainer for such initial Board Term shall be prorated accordingly.
Board Term means the annual term of the Board, which shall coincide with the corporation’s fiscal year, commencing May 1st and ending April 30th;