Existing Directors definition

Existing Directors means (x) individuals constituting the Company's board of directors on the Closing Date, and (y) any subsequent director whose election by the board of directors or nomination for election by the Company's shareholders was approved by a vote of at least a majority of the directors then in office, which directors either were directors on the Closing Date or whose election or nomination for election was previously so approved.

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Existing Directors shall have the definition assigned thereto in Section 4.04.

Existing Directors shall have the meaning set forth in Section 1(e)(iii) hereof.

Examples of Existing Directors in a sentence

• Notwithstanding the foregoing, after the Offer Closing any waiver in respect of this Agreement shall require the approval of the Existing Directors.

• In addition, you hereby agree that for a period of one year from the date of this Agreement, you will not acquire beneficial ownership of any additional shares of Common Stock without the prior written consent of the Existing Directors.

• Each of the Existing Directors agrees not to, and to cause its Related Parties not to, Disparage Personally, or encourage or induce others to Disparage Personally any member of the Shareholder Group.

• Notwithstanding anything to the contrary contained in the foregoing, no Existing Director shall be entitled to be indemnified under this Section 8.2 for any costs or expenses, judgments, fines, losses, claims, damages, liabilities or amounts paid in settlement arising primarily from its or any other Existing Director's gross negligence, bad faith or willful misconduct.

• If any Lothian Designee cannot or will not serve as a director of the Surviving Corporation, Lothian may designate a replacement Lothian Designee, provided such replacement is reasonably acceptable to the Existing Directors.

More Definitions of Existing Directors

Existing Directors means any Director of the Company excluding Additional Directors;

Existing Directors means individuals constituting the Company's board of directors on the date hereof, and any subsequent director whose election to the Company's board of directors or nomination for election by the Company's shareholders was approved by at least seventy-five percent (75%) of the directors then in office which directors either were directors on the date hereof or whose election or nomination for election was previously so approved. 48

Existing Directors means the Directors on the Board as of the Effective Date.

Existing Directors. ▇▇▇▇▇▇▇ ▇▇▇▇ Yongzhi ▇▇▇▇ ▇▇▇▇▇ Man Issued Share Capital : 100,000 shares Shareholders : MotoTap Inc. IVP Fund II A, L.P. IVP Fund II B, L.P. Investment Agreement 34 Company Name: : MoboTap Inc. Founded on : August 10, 2010 (AppMesh Inc. when established) Renamed on : March 2, 2011 (renamed as MoboTap Inc.)

Existing Directors has the meaning set forth in Section 3.1(c).

Existing Directors means the members of the Board as of the date of this Agreement and any other member of the Board appointed by a majority of the then Existing Directors or elected by the stockholders of the Company upon the recommendation of a majority of the then Existing Directors.

Existing Directors means the following individuals: (a) Mohan Varghese Thekkekara; (b) Daniel Alexis Pryor; and (c) Bert Alan Brant.