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.

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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 the four-year term beginning the first Monday in June in the year immediately following a gubernatorial election.

Examples of Board Term in a sentence

• The Agreement will become effective as of the date hereof upon execution and continue in full force and effect during the SQM Board Term and such time thereafter until terminated by any of the PCS Shareholders, the Kowa Shareholders or the Cascadas Shareholders, as the case may be, upon 30 days prior written notice given to the other Parties after the expiration of the SQM Board Term.

• Any of the Cascadas Shareholders, the Kowa Shareholders or the PCS Shareholders may terminate the foregoing provisions upon 30 days’ prior written notice after the expiration of the SQM Board Term.

• Any Designated Director shall sign a resignation letter which shall become effective as of the end of the Board Term.

• In the event of a vacancy on any Board Committee during the Initial Board Term, the Directors A shall make a recommendation to the Nominations, Governance and Corporate Responsibility Committee of a replacement candidate if the vacancy occurs in a Board seat previously held by a Director A, and the Directors B shall make a recommendation to the Nominations, Governance and Corporate Responsibility Committee of a replacement candidate if the vacancy occurs in a Board seat previously held by a Director B.

• You confirm that during the Transition Period, the Residual Period and the Additional Board Term, as the case may be (i) you shall continue to be subject to and abide by the Payoneer Global Inc.’s ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Policy of the Company, and (ii) the ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Policy may be enforced on you in any way Payoneer Global Inc.

More Definitions of Board Term

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 means the annual term of the Board, which shall coincide with the corporation’s fiscal year, commencing May 1st and ending April 30th;

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 the annual term of the Board, which shall coincide with the corporation’s fiscal year, commencing June 1st and ending May 31st.

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; 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, with respect to the Board of Directors of the Company or any New Entity, a time period of five years from the date the first Purchasers' Representative is appointed to the Company's Board of Directors and, with respect to the Executive Committee or the executive committee of a New Entity, a time period commencing on the date the first Purchasers' Representative is elected to any such committee and ending on the date on which all principal and interest owed hereunder and under the Notes have been paid in full by the Company. In the event the Purchasers' Representative resigns or otherwise is unable to serve on the Company's Board of Directors and the Executive Committee or on the board of directors and executive committee of any New Entity, the Purchasers shall designate an individual (the "Replacement Representative") to replace such representative and the Company shall nominate such Replacement Representative and shall exercise its best efforts to cause the vacancy to be filled by such Replacement Representative. The Replacement Representative shall serve on the Company's Board of Directors and Executive Committee (and on the board of directors and executive committee of any New Entity) for the remaining time period of the Board Term. The Company shall cause its Certificate of Incorporation and By-Laws to be amended to the extent necessary to comply with the provisions of this Article 12.