Class III Director definition

Class III Director has the meaning set forth in the Organizational Documents of the Company.

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedBook a Demo

Class III Director has the meaning set forth in the Certificate of Incorporation.

Class III Director has the meaning set forth in Section 2.1(b)(iii).

Examples of Class III Director in a sentence

• One Apollo Nominee shall be classified as a Class I Director of the Company, one Apollo Nominee shall be classified as a Class II Director of the Company, and one Apollo Nominee shall be classified as a Class III Director of the Company.

• The Warburg Board Designee and the Broadview Board Designee so elected shall serve as a Class III Director and Class II Director, respectively (each as designated in the Company's Certificate of Incorporation), and until their respective successor is elected and qualified.

• In the event that the Oaktree Parties Beneficially Own less than 35% but at least 25% of the Adjusted Outstanding Common Stock, the Oaktree Parties shall have the right to nominate two (2) Designees, a Class II Director and a Class III Director.

• The initial term of each Class I, Class II and Class III Director shall expire as set forth in the Company’s Certificate of Incorporation.

• In the event that the Oaktree Parties Beneficially Own less than 25% but at least 15% of the Adjusted Outstanding Common Stock, the Oaktree Parties shall have the right to nominate one (1) Designee, a Class III Director.

More Definitions of Class III Director

Class III Director means a director duly appointed or elected as a Class III Director in accordance with the By-Laws and having a term which expires at the 1999 annual meeting of the Stockholders of the Company.

Class III Director shall have the meaning specified in Section 1.1 of the Agreement.

Class III Director means a Class III director” as referred to in the Certificate of Incorporation.

Class III Director means a director of Class III of the Board of Directors, with a term expiring at the 2006 annual meeting of the Company’s shareholders.

Class III Director means any director of the Board then serving in one of the Board positions specified as a "Class III" position by the Bylaws of Company.

Class III Director means those directors of the Company whose term of office expires at the Company’s 2006 annual meeting of shareholders.

Class III Director means a director of the Company who has been elected to the Board of Directors as a member of the third class of directors pursuant to Article Thirteenth of the Certificate of Incorporation.