Continuity Directors definition

Continuity Directors means those members of the Board who either (A) were directors at the beginning of such consecutive 24 month period, or (B) were elected by, or on the nomination or recommendation of, at least a two-thirds (2/3) majority of the then-existing Board; or

Continuity Directors means (A) those members of the Board who were directors on the date hereof and (B) those members of the Board (other than a director whose initial assumption of office was in connection with an actual or threatened election contest, including but not limited to a consent solicitation, relating to the election of directors of Ceridian) who were elected or appointed by, or on the nomination or recommendation of, at least a two-thirds (2/3) majority of the then-existing directors who either were directors on the date hereof or were previously so elected or appointed; or

Continuity Directors means those members of the Board who either:

Examples of Continuity Directors in a sentence

• Individuals subsequently joining the Board could become Continuity Directors under the principles reflected in this example.

• Similarly, if subsequently a majority of these directors approved a proxy statement in which three different individuals were nominated to replace three other directors who were members of the Board as of the Effective Date, these three newly elected directors would also become, along with the other nine directors, Continuity Directors.

• For example, assuming that twelve individuals comprise the entire Board as of the Effective Date, if a majority of such individuals approved a proxy statement in which two different individuals were nominated to replace two of the individuals who were members of the Board as of the Effective Date, these two newly elected directors would join the remaining ten directors who were members of the Board as of the Effective Date as Continuity Directors.

• In the event that, and for so long as the Company is subject to the reporting requirements of Section 13 or 15(d) of the Exchange Act, the Continuity Directors cease for any reason to constitute at least a majority of the Board.

• Continuity: Directors elected to serve as directors for the next succeeding term of office shall be entitled to attend the last regularly scheduled meeting of a term of office , but only directors serving in office during that term shall be entitled to vote on matters coming before the meeting.

More Definitions of Continuity Directors

Continuity Directors means any individuals who are members of the Board on the effective date of this Agreement and any individual who subsequently becomes a member of the Board whose election, or nomination for election by the Company’s stockholders, was approved by a vote of at least a majority of the Continuity Directors (either by specific vote or by approval of the Company’s proxy statement in which such individual is named as a nominee for director without objection to such nomination).

Continuity Directors means any individuals who are members of the Board of Directors of the Company on the date of this Agreement and any individual who subsequently becomes a member of the Board of Directors of the Company whose election, or nomination for election by the Company's shareholders, was approved by a vote of at least a majority of the Continuity Directors (either by specific vote or by approval of the Company's proxy statement in which such individual is named as a nominee for director without objection to such nomination).

Continuity Directors means the three individuals proposed by Sprint Nextel Corporation, and reasonably acceptable to the SoftBank Stockholder, from the members of the board of directors of Sprint Nextel Corporation immediately prior to the Effective Time.

Continuity Directors means (A) those members of the Board who were directors on the Commencement Date and (B) those members of the Board (other than a director whose initial assumption of office was in connection with an actual or threatened election contest, including but not limited to a consent solicitation, relating to the election of directors of Ceridian) (1) who were elected or appointed by, or on the nomination or recommendation of, at least a two-thirds (2/3) majority of the then-existing directors who either were directors on the date hereof or were previously so elected or appointed or (2) with respect to any member of the Board who was selected by a Sponsor pursuant to the terms of the Stockholders Agreement or any replacement thereof, who were elected or appointed by, or on the nomination or recommendation of, such Sponsor; or

Continuity Directors means any individuals who are members of Employer’s Board of Directors as of the date of this Agreement and any individual who subsequently becomes a member of Employer’s Board of Directors whose election, or nomination for election, by Employer’s shareholders was approved by a vote of at least a majority of the Continuity Directors.

Continuity Directors means those members of the Colony Board who either:

Continuity Directors means those members of the ABC Board who either: