Classified Board definition

Classified Board. Our Restated Certificate and Restated Bylaws provide for a classified board of directors consisting of three classes of directors, with staggered three-year terms. Only one class of directors will be elected at each annual meeting of our stockholders, with the other classes continuing for the remainder of their respective three-year terms. This provision may have the effect of delaying a change in control of our board.
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Classified Board means that the Board is comprised of Class A Directors and Class B Directors pursuant to the Company’s Certificate of Incorporation.
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Classified Board. Provision: The proposed amendments to the Youbet Charter and Youbet Bylaws that would classify the Youbet Board. Contract: Any agreement, contract, license, indenture, lease, mortgage, license, plan, arrangement, commitment or instrument (whether written or oral).
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Examples of Classified Board in a sentence

  • The Board may assign members of the Board already in office to the Classified Board, which assignments shall become effective at the same time the Classified Board becomes effective.

  • The Board may assign members of the Board already in office to the Classified Board, which assignments shall become effective at the same time that the Classified Board becomes effective.

  • The Board of Directors is authorized to assign members of the Board of Directors already in office to such classes of the Classified Board, which assignments shall become effective at the same time the Classified Board becomes effective.

  • The Board is authorized to assign members of the Board already in office to such classes of the Classified Board, which assignments shall become effective at the same time the Classified Board becomes effective.

  • The Board of Directors is authorized to assign members of the Board of Directors already in office to such classes of the Classified Board.

  • The Board of Directors may assign members of the Board of Directors already in office to the Classified Board, which assignments shall become effective at the same time the Classified Board becomes effective.

  • Classified Board office staff members in regular positions who accumulate sick leave are eligible to participate in the shared leave program of the State of Kansas as provided in K.A.R. 1-9-23.

  • The Board may assign members of the Board already in office to the Classified Board.

  • Classified Board (or staggered board proposals): The Chief Investment Officer recommends annual elections for directors and that classified boards not be allowed, as they tend to entrench management.

  • At each annual meeting of stockholders following the date on which the Classified Board becomes effective, directors elected to succeed those directors of the class whose terms then expire shall be elected for a term of office to expire at the third succeeding annual meeting of stockholders after their election.

Related to Classified Board

  • National Board means the National Board of Boiler and Pressure Vessel Inspectors, (NB) 1055 Crupper Avenue, Columbus, Ohio 43229, whose membership is composed of the Chief Boiler Inspectors of jurisdictions who are charged with the enforcement of the provisions of the ASME Code.

  • Classified service means all employment positions in the City that are not excluded by ordinance, City Charter or State law from the provisions of Seattle Municipal Code Chapter 4.04 or the Personnel rules adopted pursuant thereto.

  • Subsidiary Board means the board of trustees of a subsidiary corporation.

  • Regional Board means a California regional water quality control board.

  • Health Board means a Health Board established under section 2 of the National Health Service (Scotland) Act 1978;

  • Governing board means the Fund's Board of Directors if the Fund is a corporation or the Fund's Board of Trustees if the Fund is a trust, or, where duly authorized, a competent committee thereof.

  • Classified employee means an employee in the classified service, or an employee currently on leave from the classified service in accordance with established Merit Rules governing leave.

  • Classification plan means the orderly arrangement of positions within an agency into separate and distinct job families so that each job family will contain those positions which involve similar or comparable skills, duties and responsibilities [74:840 1.3].

  • R.S. Board means the Board of Governors of the Federal Reserve System or any successor thereto.

  • Classified means the classification of a good under a particular heading or subheading of the Harmonised System;

  • Member board means a state agency in a member state that acts in the sovereign interests of the state by protecting the public through licensure, regulation, and education of physicians as directed by the state government.

  • former Board means the Board of Reference constituted under Part IV of the former provisions;

  • Fund Board means the Board of Trustees of the Fund.

  • Audit Committee means the audit committee of the board of directors of the Company established pursuant to the Articles, or any successor committee.

  • Section 16 Officer means every person who is directly or indirectly the beneficial owner of more than ten percent (10%) of any class of any equity security (other than an exempted security) which is registered pursuant to Section 12 of the Securities Exchange Act of 1934. Section 16 officers include officers or directors of the issuer of such security, and those who perform a policy-making function for the issuer. See Section 16 of the Securities Exchange Act of 1934. The Nuveen Fund Board approves the list of Section 16 Officers for the Nuveen Funds on an annual basis. This list is maintained in the Legal Department in Chicago and includes portfolio managers, traders, and other access persons responsible for making policy related decisions.

  • CPF Board means the Central Provident Fund Board, a body corporate established under the Central Provident Fund Act (Cap. 36);

  • PJM Board means the Board of Managers of the LLC, acting pursuant to the Operating Agreement, except when such term is being used in Tariff, Attachment M, in which case PJM Board shall mean the Board of Managers of PJM or its designated representative, exclusive of any members of PJM Management. PJM Control Area:

  • Regional Committee means the regional committee on school

  • The Board of Directors or "Board" means all those persons appointed to perform the duties of directors of the society;

  • Parent Board means the board of directors of Parent.

  • Chairman of the Board means the Chairman of the Board of the Corporation.

  • MUSL Board means the governing body of the MUSL, which is comprised of the chief executive officer of each Party Lottery.

  • School board means the governing board of directors of the local school district.

  • Regulating board means any board, commission, court, or governmental authority which, under the laws of this state, is charged with the licensing, registration, certification, admission to practice, or other legal authorization of the practitioners of any profession.

  • the Board means the board of directors of the Company;

  • Relevant Nominating Body means, in respect of a benchmark or screen rate (as applicable):