Lead Preferred Director definition

Lead Preferred Director means the director of the Company that the holders of Series A-1 Preferred Stock and Series A-2 Preferred Stock are entitled to elect, voting together as a single class on an as converted basis, pursuant to the Restated Certificate (as the same may be amended and/or restated from time to time).
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Lead Preferred Director has the meaning ascribed to such term in the Restated Certificate.
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Examples of Lead Preferred Director in a sentence

  • In addition, unless otherwise approved by the Board of Directors, including the Lead Preferred Director, the Company shall retain a “right of first refusal” on employee transfers until the IPO and shall have the right to repurchase unvested shares at cost upon termination of employment of a holder of restricted stock.

  • The Board of Directors shall meet at least quarterly in accordance with an agreed-upon schedule, unless otherwise agreed by a majority of the Board of Directors, including the Lead Preferred Director.

  • Unless otherwise determined by the vote of a majority of the Board, including the Lead Preferred Director, the Board shall meet at least quarterly in accordance with an agreed-upon schedule.

  • In addition, the Company shall not amend, modify, terminate, waive, or otherwise alter, in whole or in part, any of the above-referenced agreements or any restricted stock agreement between the Company and any employee, without the prior approval of the Board, including the Lead Preferred Director.

  • Each committee of the Board shall include the Lead Preferred Director unless the Lead Preferred Director otherwise notifies the Company in writing.

  • In addition, unless otherwise approved by the Board, including the Lead Preferred Director, the Company shall retain a “right of first refusal” on employee transfers until the IPO and shall have the right to repurchase unvested shares at cost upon termination of employment of a holder of restricted stock.

  • Such policy shall not be cancelable by the Company without prior approval by the Board, including the Lead Preferred Director.

  • The Company shall use its commercially reasonable efforts to maintain in effect, from financially sound and reputable insurers Directors and Officers liability insurance, in an amount and on terms and conditions satisfactory to the Board, including the Lead Preferred Director, and will use commercially reasonable efforts to cause such insurance policy to be maintained until such time as the Board determines that such insurance should be discontinued.

  • The policy shall not be cancelable by the Company without the prior approval of the Board of Directors, including the Lead Preferred Director.

  • Unless otherwise determined by the vote of a majority of the directors then in office, the Board of Directors shall meet at least quarterly, unless otherwise agreed by a majority of the Board, including the Lead Preferred Director.