Preferred Director definition

Preferred Director means any director of the Company that the holders of record of the Preferred Stock are entitled to elect pursuant to the Company’s Certificate of Incorporation.
Preferred Director has the meaning set forth in Section 7(b).
Preferred Director shall have the meaning set forth in the Certificate of Incorporation.

Examples of Preferred Director in a sentence

  • The Company further agrees that no advancement or payment by the Investor Indemnitors on behalf of any such Preferred Director with respect to any claim for which such Preferred Director has sought indemnification from the Company shall affect the foregoing and the Investor Indemnitors shall have a right of contribution and/or be subrogated to the extent of such advancement or payment to all of the rights of recovery of such Preferred Director against the Company.

  • Each Preferred Director shall be entitled in such person’s discretion to be a member of any committee of the Board of Directors.


More Definitions of Preferred Director

Preferred Director means, collectively, any Series A Director(s) and Series B Director(s).
Preferred Director has the meaning set forth in the Restated Certificate.
Preferred Director has the meaning set forth in Section 10(c).
Preferred Director has the meaning set forth in Section 4(b) hereof.
Preferred Director means any director of the Corporation elected or appointed pursuant to Section 8.3 hereof.
Preferred Director means a director elected pursuant to paragraph (C) of Section 9 hereof.
Preferred Director means any individual elected to the Board, to serve as a director, pursuant to Section 3(b)(i) of this Article IX.