Future Director definition

Future Director means any director who became a member of the Company's Board of Directors less than 180 days prior to such redemption, modification or termination.
Sample 1
Future Director means (a) any director who is an Acquiring Person, or an Affiliate or Associate of an Acquiring Person, or an employee, director, representative, nominee or designee of any Acquiring Person or of any such Affiliate or Associate, (b) any director who was not a member of the Board of Directors immediately prior to the time any Person becomes an Acquiring Person, or (c) any director who is elected to the Board of Directors as a result of a proxy or consent solicitation or similar shareholder initiative if any participant in such initiative has stated (or a majority of the Board of Directors has determined in good faith) that such participant (or its Affiliates or Associates) intends to take, or may consider taking, any action that would result in (i) that person becoming an Acquiring Person or (ii) a merger, consolidation, or sale of a majority of the assets or voting power of the Company which would cause a Trigger Event or any person becoming a Principal Party; PROVIDED, HOWEVER, that in each case any such director shall no longer be deemed to be a Future Director at the expiration of 180 days after the date such director was elected to the Board of Directors.
Sample 1
Future Director means (a) any director who is an Acquiring Person, or an Affiliate or Associate of an Acquiring Person, or an
Sample 1

Examples of Future Director in a sentence

  • Our Future Director was appointed by the Board.No Board members received compensation or other benefits in relation to cessation.

  • ENZ’s Board members as at 30 June 2021 (Left to right): Victoria Spackman, Rachael Tuwhangai, Lyn Provost, Chair Steve Maharey, Future Director Shruthi Vijayakumar, Daniel Wilson and Linda Sissons.

  • This programme is intended to assist Ministers to do that by providing, over time, a pipeline of qualified and experienced people of all genders, ethnicities, age and backgrounds who are ready to step into director roles.The Future Director position is not a Minister appointed role and is not considered by the Cabinet Appointments and Honours Committee.

  • What is the aim of the Future Directors in the state-sector programme?Future Directors will increase diversity on state sector boards and strengthen the pipeline of aspiring leaders in the private and public sectors by:• matching state sector boards offering to host a Future Director with talented people seeking boardroom experience• offering a range of board experiences to talented people who want to build their governance skills• bringing a larger and more diverse pool of talent to state sector boards.

  • If you accept this offer, you will be confirmed as a Future Director under the terms of this letter.

  • Role and responsibilities of a Future Director in the state SectorFuture Directors are ‘observers’.

  • Ensure there’s a clear understanding of what the board want to achieve by hosting a Future Director.

  • David Brookes, Dominic Allen and Anastasios Arima will each be a related party, for the purposes of Listing Rule 10.11.1, by virtue of being a Director or Future Director of the Company.

  • Nigel Simms, Interim Building Schools for the Future Director, Children and Young People Learning Services gave an update on the progress made on the new school at the Orchard Hill Queen Mary’s site.

  • The Chair will, through their appointing agency, inform the Minister that the board has agreed to a Future Director attending board meetings and receiving board information.The Chair will advise the agency that administers their board appointments that they wish to participate in the programme.It is important for each host board to examine its legislation and constitutional documents, focusing on the roles, functions, and responsibilities of both the board collectively and of its individual members.


More Definitions of Future Director

Future Director means any director who is not a Continuing Director."
Sample 1
Future Director shall have the meaning set forth in SECTION 5.16 hereof.
Sample 1
Future Director means (i) any director of the Corporation who is an Acquiring Person or an Affiliate or Associate of an Acquiring Person or a representative or nominee of an Acquiring Person or of any such Affiliate or Associate or (ii) any director of the Company who was not a member of the Board of Directors of the Corporation immediately prior to the time any Person becomes an Acquiring Person; PROVIDED, HOWEVER, that (y) any such director shall not be deemed to be a Future Director if his nomination for election or his election to the Board of Directors of the Corporation was recommended, approved or ratified by a majority of the Continuing Directors after the time such Acquiring Person became an Acquiring Person and (z) any such director shall no longer be deemed to be a Future Director at the expiration of 180 days from the later of (A) the date such Acquiring Person became an Acquiring Person and (B) the date such director was elected to the Board of Directors of the Corporation.”
Sample 1
Future Director shall have the meaning set forth in Section 11(d)(i) hereof; "Nasdaq" shall have the meaning set forth in Section 11(d)(i) hereof; "Principal Party" shall have the meaning set forth in Section 13(b) hereof; "Purchase Price" shall have the meaning set forth in Section 4(a) hereof, "Record Date" shall have the meaning set forth in the preamble; "Redemption Price" shall have the meaning set forth in Section 23(a)(i) hereof, "Rights" shall have the meaning set forth in the preamble; "Rights Agent" shall have the meaning set forth in the preamble; "Rights Certificates" shall have the meaning set forth in Section 3(a) hereof; "Spread" shall have the meaning set forth in Section 11(a)(iii) hereof; "Substitution Period" shall have the meaning set forth in Section 11(a)(iii) hereof "Summary of Rights" shall have the meaning set forth in Section 3(b) hereof, and "Trading Day" shall have the meaning set forth in Section 11(d)(i) hereof. Any determination required by the definitions contained in this Section 1 shall be made by the Board in their good faith judgment, which determination shall be final and binding on the Rights Agent.
Sample 1

Related to Future Director

  • Alternate Director means a person elected or appointed to serve, as the occasion requires, as a member of the board of a company in substitution for a particular elected or appointed director of that company;

  • New Director means an individual whose election by the Board or nomination for election by the Company’s stockholders was approved by a vote of at least two-thirds of the directors then still in office who either were directors at the Date of Grant or whose election or nomination for election was previously so approved or recommended. However, “New Director” shall not include a director whose initial assumption of office is in connection with an actual or threatened election contest, including but not limited to a consent solicitation relating to the election of directors of the Company.

  • Employee Director means a member of the Board of Directors of the Company that is also an Employee of the Company.

  • shadow director means, in relation to a company, any person in accordance with whose directions or instructions the directors of the company are accustomed to act, but the person is not deemed to be a shadow director by reason only that the directors act on advice given by him in a professional capacity; and

  • Associate Director means the associate director of the

  • Management Director means a Person selected in accordance with Article IV of this Agreement who shall have the powers and duties to manage the business and affairs of the Company and exercise its powers to the extent set forth in this Agreement, the Certificate and the Act. Each Management Director shall be a “manager” of the Company within the meaning of the Act.

  • Nonemployee Director means a Director who is not an Employee.

  • Eligible Director means a person who is (i) a “non-employee director” within the meaning of Rule 16b-3 under the Exchange Act, and (ii) an “outside director” within the meaning of Section 162(m) of the Code.

  • Advisory Board Member means a member of an “Advisory Board” as defined in Section 2(a)(1) of the 1940 Act.

  • 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.

  • Inside Director means a Director who is an Employee.

  • Director means a member of the Board.

  • Outside Director means a Director who is not an Employee.

  • Deputy Director means the Deputy Director of the Authority, as the case may be.

  • Athletic director means an individual responsible for administering the overall athletic program of an educational institution or, if an educational institution has separately administered athletic programs for male students and female students, the athletic program for males or the athletic program for females, as appropriate.

  • Procurement Director or “System SCM Director” shall mean the System Director of Supply Chain Management who serves as chief procurement officer for the CCH.

  • Board Member means a member of the Board;

  • Executive Director means the executive director of the

  • relevant director means any director or former director of the company or an associated company;

  • Program Director means an individual who has complete responsibility for the day to day function of the program. The Program Director is the highest level of decision making at a local, program level.

  • Lead Director means, at any given time, the lead, independent member (if any) elected as such by the Board and occupying such position.

  • Board Chair means the chair of the Board;

  • State Director means the chief administrative officer of the State water pollution control agency, or the authorized representative of the State Director.

  • the Director means the Director of the IMO International Maritime Law Institute;

  • Non-Executive Director Means any director who is not an Executive Director.

  • Public Director means a Person that meets the qualifications described in Rule 207(e).