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.

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

• Existing Directors are encouraged to participate in appropriate professional development opportunities to develop and maintain the skills and knowledge needed to perform their role as a Director.

• Without limiting the generality of Sections 2(a) and 2(b), the Company shall pay the costs of any arbitration to the extent involving the Existing Directors.

• In accordance with the authority granted under the Order Authorizing Tribune Company to Purchase Tail Coverage Respecting the Debtors' Existing Directors and Officers and Fiduciary Liability Insurance Policies Pursuant to Section 363(b) of the Bankruptcy Code [D.I. 3190], the Debtors may in their discretion purchase "Tail Coverage" as defined in the motion with respect to such order.

• 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.

• For the avoidance of doubt, during any arbitration process, the Existing Directors will be entitled to indemnification and advancement of reasonable legal fees and reasonable expenses (on an as incurred basis); provided that such indemnification and advancement shall only cease if it is ultimately determined by a court of competent jurisdiction of which no further appeal can be made that such indemnification or advancement is prohibited by law.

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. Xxxxxxx Xxxx Yongzhi Xxxx Xxxxx 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 means members of the Board on October 12, 1988.

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

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

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