Platinum Director definition

Platinum Director means any director who is designated or nominated for election to the Board solely by Platinum, including as holder of the Series A Preferred Stock, pursuant to these by-laws.
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Platinum Director means an individual elected to the Board that has been nominated by Platinum pursuant to this Agreement or otherwise in accordance with the Bylaws.
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Platinum Director means an individual elected to the Board of Directors that has been nominated by Platinum pursuant to the Stockholders’ Agreement or otherwise in accordance with the Bylaws.
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Examples of Platinum Director in a sentence

  • The initial Platinum Director who is the Chief Executive Officer of the Company shall be a Class II Director, and the other two (2) initial Platinum Directors shall be Class III Directors, each pursuant to the Second Amended and Restated Certificate of Incorporation of the Company.

  • For so long as Platinum has the right to designate at least one (1) director for nomination under this Agreement, the Company will take all Necessary Action to ensure that, if one or more Platinum Directors are elected, such Platinum Director as Platinum may designate shall be Chairman of the Board.

  • Each Platinum Member will have a number of votes equal to the number of Platinum Director positions then up for election, and votes may be cast cumulatively.

  • In the event the number of authorized Platinum Directors under Section 4.3 above decreases during the term of one or more Platinum Directors, and no Platinum Director is automatically removed under Section 5.9 below, then all then-serving Platinum Directors may conclude their full term and the decrease in the number of authorized Platinum Directors will take effect upon the next resignation, removal, or term expiration of a Platinum Director.

  • Subject to applicable laws and stock exchange regulations, Platinum shall have the right to have at least one (1) Platinum Director serve on each committee of the Board, other than the audit committee of the Board, for so long as Platinum has the right to nominate a director for election to the Board under this Agreement.

  • For so long as Platinum has the right to nominate a director for election to the Board under this Agreement, Platinum shall have the right to designate the Chairman of the Board, which Chairman may, but is not required to, be a Platinum Director.

  • For the avoidance of doubt, at any time after Platinum ceases to hold at least ten percent (10%) of the shares of Common Stock then outstanding, if there is more than one Platinum Director, Platinum may by written notice designate which director shall be the Platinum Director and the other person shall cease to be a Platinum Director for all purposes under this Agreement.

  • Each Platinum Director will be appointed by majority vote of the Platinum Members.