Equity Director definition

Equity Director has the meaning ascribed to such term in the Certificate of Incorporation.
View Source
Equity Director has the meaning ascribed to such term in the Certificate of Incorporation. “Equity Nominating Committee” has the meaning ascribed to such term in the Certificate of Incorporation. “Exchange” means any national securities exchange registered under Section 6 of the Exchange Act. “Founder Director” has the meaning ascribed to such term in the Certificate of Incorporation. “independent director” has the meaning ascribed to such term in the Certificate of Incorporation. Exhibit 10.2
View Source
Equity Director means an “Equity Director” of PPC, as defined in the Amended and Restated Certificate of Incorporation of PPC. “Equity Director Approval” means the prior written approval of at least a majority of the Equity Directors. For the avoidance of doubt, if there are only two Equity Directors, Equity Director Approval shall mean the prior written approval of both Equity Directors. “Estimated Tax Payment Date” shall have the meaning given the term in Section 3.1(b). “Extension Tax Payment Date” shall have the meaning given the term in Section 3.1(c). “Federal CAMT” means the corporate alternative minimum tax imposed under Section 55 of the Code. “Federal CAMT Reduction” shall have the meaning given the term in Section 2.3. “Federal Consolidated CAMT Liability” means the consolidated Federal CAMT liability of the Parent Consolidated Group. “Federal Consolidated Income Tax Liability” means the consolidated federal income Tax liability (as determined under Treasury Regulations Section 1.1502-2) of the Parent Consolidated Group; provided, that the term “Federal Consolidated Income Tax Liability” does not include Federal Consolidated CAMT Liability. “Federal Consolidated Income Tax Return” means a consolidated federal income Tax Return of the Parent Consolidated Group. “Federal Group Member” means PPC and each of PPC’s direct or indirect subsidiaries that is included in the Parent Consolidated Group. “Federal Income Tax” means any Tax imposed under Subtitle A or F of the Code; provided, that the term “Federal Income Tax” does not include Federal CAMT. “Federal Income Tax Reduction” shall have the meaning given the term in Section 2.1. “Federal Tax Asset” means (1) any DRD Benefit for Federal Income Tax or Federal CAMT purposes, and (2) with respect to the Federal Group Members, any Tax Item (or portion thereof) that has accrued for Federal Income Tax or Federal CAMT purposes, but has not been used by the applicable PPC Group on its PPC Separate Return for the Tax Year in which it accrued for purposes of the calculations in Section 2, and that could reduce Federal Income Tax or Federal CAMT for the Group in such Tax Year or another Tax Year, including a Federal Taxable Loss, net operating loss, disallowed business interest, net capital loss, foreign tax credit, research and experimentation credit, charitable deduction or credit related to Federal CAMT or any other credit, but such term shall not include the Tax basis of an asset.
View Source

Examples of Equity Director in a sentence

  • Such notice must be accompanied by a written consent of each proposed nominee to being named as a nominee and to serve as an Equity Director if elected.

  • No person shall be eligible for election as an Equity Director of the Corporation unless nominated in accordance with the procedures set forth in this Section 2.2(b).

  • Notwithstanding the foregoing, the Nominating Committee shall include the Chief Executive Officer of the Corporation as a nominee for an Equity Director at any annual meeting of shareholders at which his or her term is scheduled to expire; provided, that if such term expiration occurs during the Transition Period, the Chief Executive Officer shall be nominated as a CME Director.

  • For so long as the JBS Stockholder is the beneficial owner (as that term is used with respect to the JBS Stockholder in the Certificate of Incorporation) of 35% or more of the outstanding Common Stock, no person shall be nominated as an Equity Director pursuant to the Certificate of Incorporation if JBS USA reasonably determines that such person (A) is unethical or lacks integrity or (B) is a competitor or is affiliated with a competitor of the Reorganized Company.

  • Additionally, the Engager shall not permit copies of the recording to be made or distributed, other than to provide copies to other Equity Engagers that are restaging the production with the original Equity Director or in the alternate an Equity Assistant Director with the original Director’s and Equity’s written permission.

  • As of and after the date that any Eligible Purchased Equity Holder ceases to satisfy the applicable Minimum Investment Condition or the Purchased Equity Director has become ineligible to serve as a director as a matter of law, at the election of MDCP IV Global Investments LP, the Purchased Equity Director shall resign or be removed from the Board, and the Investors shall take all actions to remove such Purchased Equity Director.

  • Prior to transferring any Ordinary Shares to any co-investor, each of the MDCP Co-Investors shall, as a condition to such transfer, require such co-investor to execute an agreement for the benefit of the Management Investors pursuant to which such co-investor will vote its Ordinary Shares in favor of the appointment of the Management Investors (and to the extent rights have arisen pursuant to paragraph 1I, the Purchased Equity Director) to the Board to the extent required by Section 1 of this Agreement.

  • In the event that the Purchased Equity Director resigns or is removed as a result of an Eligible Purchased Equity Holder's failure to satisfy the Minimum Investment Condition, MDCP IV Global Investments LP shall be entitled to appoint any individuals to serve as directors as a result of the resignation or removal of the Purchased Equity Director.

  • Subject to the rights of any such Person to appoint a Purchased Equity Director pursuant to paragraph 1I, in the event that any of MWJS, GMcG, APJS or IJC is removed or resigns from the Board, any Subsidiary Board or any committee thereof, MDCP IV Global Investments LP shall be entitled to appoint any replacement director.

  • Chief Financial Officer (CFO)* Mountain Health Trust (MHT) Member Advocate Contract Liaison/Mountain Health Trust (MHT) Administrator Health Equity Director *The CEO/COO and CFO or West Virginia MHT Vice President/Senior Vice President positions are not required to be Medicaid-only positions.