Directorships definition

Directorships means positions the Directors hold or have previously held, in addition to the Company, at other organisations, as members of the administrative, management or supervisory bodies of those organisations at any time in the five years prior to the date of this Document;
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Directorships means positions the Directors hold or have previously held, in
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Directorships means remunerated directorships of companies, public or private, other remunerated posts, and public appointments currently held by the board member or connected persons, and which could come within the regulator’s sphere of operations.
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Examples of Directorships in a sentence

  • Directorships and other roles/positions within the group of companies – whether of foreign or domestic character – to which the Company belongs (the "Group"), as well as external directorships as a result of being CEO of the Company, constitute a natural part of the position.

  • This notice of eligibility will include the formula in the Pension Plan for employee and Employer contributions to the Plan along with a generic example illustrating the employee and Employer contributions based on a particular number of Course Directorships.

  • Vacancies and newly created Directorships resulting from any increase in the authorized number of Directors may be filled by a majority of the Directors then in office, though less than a quorum, or by a sole remaining director, and the Directors so chosen shall hold office until the next annual election and until their successors are duly elected and shall qualify, unless sooner displaced.

  • New Directorships shall be approved by the Chairman of the Board of the Parent Company, such approval not to be unreasonably withheld.

  • Unless otherwise required by law, any vacancy on the Board of Directors that results from newly created Directorships resulting from any increase in the authorized number of Directors may be filled by a majority of the Directors then in office, provided that a quorum is present, and any other vacancies may be filled by a majority of the Directors then in office, though less than a quorum, or by a sole remaining Director.

  • Thereafter, Directors who are elected at an annual meeting of stockholders, and Directors who are elected in the interim to fill vacancies and newly created Directorships, shall hold office until the next annual meeting of stockholders and until their successors have been elected and qualified or until their earlier resignation or removal.

  • The quorum and voting provisions herein stated shall not be construed as conflicting with any provisions of the General Corporation Law and these By-Laws which govern a meeting of Directors held to fill vacancies and newly created Directorships in the Board.

  • The Employer understands that the Executive has other sources of income and earning through Board Directorships, consultancy, or positions in associations, companies, enterprises or ventures where the Executive had or has an existing relationship; And that these relationships will continue and that new and additional relationships and sources of income may be established in the future.

  • If the Investor fails to designate an individual to fill one of the Investor’s Directorships pursuant to the terms of this Section 6 during the Rights Period, the individual previously holding such directorship shall be elected to such position, or if such individual fails or declines to serve, the election of an individual to such directorship shall be accomplished in accordance with the Company’s Bylaws and applicable Law.

  • Unless otherwise required by law and subject to Section 5.2 and the Class B Shareholders Agreement, any vacancy on the Board of Directors that results from newly created Directorships resulting from any increase in the authorized number of Directors may be filled by a majority of the Directors then in office, provided that a quorum is present, and any other vacancies may be filled by a majority of the Directors then in office, though less than a quorum, or by a sole remaining Director.

Related to Directorships

  • shadow directorship means the position held by a person who is a shadow director within the meaning of the Companies Acts 1963 to 1990, or, in the case of a public body that is not a company (within the meaning of the Companies Act 1963) and is specified in subparagraph (8), (9), (10), (11), or (12), or stands prescribed for the purposes of subparagraph (13), of paragraph 1 of the First Schedule to the Ethics in Public Office Act 1995, the position held by the person in accordance with whose instructions or directions, the members of the body, or the members of the board or other body that controls manages or administers that body, are accustomed to act.

  • Vacancy means the absence of a person to serve in any position created by

  • Termination of Directorship means that the Non-Employee Director has ceased to be a director of the Company; except that if a Non-Employee Director becomes an Eligible Employee or a Consultant upon the termination of his or her directorship, his or her ceasing to be a director of the Company shall not be treated as a Termination of Directorship unless and until the Participant has a Termination of Employment or Termination of Consultancy, as the case may be.

  • Filling means any depositing or stockpiling of earth materials.

  • Director Emeritus means a person serving as a director emeritus, advisory director, consulting director, or other similar position as may be appointed by the Board of Directors of the Savings Bank or the Company from time to time.