Nominee Director definition

Nominee Director means, for the purposes of Rule 8A, a Person that acts as a director on behalf of another Person or in accordance with the directions, instructions or wishes of another Person.

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Nominee Director means a Person that acts as a director on behalf of a Nominator or in accordance with the directions, instructions or wishes of a Nominator.

Nominee Director means a director of the VCC who is accustomed or under an obligation, whether formal or informal, to act in accordance with the directions, instructions or wishes of any other person.

Examples of Nominee Director in a sentence

• The Nominee Director so appointed shall not be liable to retire by rotation nor shall be required to hold any qualification shares.

• It is understood that the appointment of the Nominee Director as a director of the Board shall be subject to legal and governance requirements regarding service as a director of the Company.

• The term of office specified herein shall be applicable unless the term of office of a Nominee Director is terminated as hereinafter provided, and provided that the term of any Nominee Director shall not expire until a successor thereto has been appointed as provided herein.

• In this Agreement, the term “Board” shall mean the entire Board (comprising all Representative Directors and Nominee Directors) and the term “Director” shall be used to refer generally to either a Representative Director or a Nominee Director).

• Upon any Transfer of Initial Units that results in a reduction of Initial Units meeting the thresholds specified in Section 5.01(d) for removal of an applicable Nominee Director, the party designating such Nominee Director shall promptly provide written notice to the other parties and the Company.

More Definitions of Nominee Director

Nominee Director means an individual nominated by the single member to act as director in case of the death of the single member;

Nominee Director means a person that acts as a director on behalf of another person or in accordance with the directions, instructions or wishes of another person;

Nominee Director means the non-executive director to be appointed by UT and the Investor on the board of directors of the Company;

Nominee Director shall have the meaning assigned to the term in Section 12.11.

Nominee Director means each of the Investor Nominee Directors and the RMG Nominee Director.

Nominee Director means each of the Investor Nominee Directors and the MKC Nominee Director;

Nominee Director has the meaning ascribed to it in Clause 7 (Appointment and Powers of the Nominee Director).