Preferred Directors definition

Preferred Directors means, collectively, the Series A Directors and the Series B Director.

Preferred Directors means the directors of the Company that the holders of record of the Preferred Stock are exclusively entitled to elect pursuant to the Restated Certificate.

Preferred Directors shall have the meaning set forth in the Restated Certificate.

Examples of Preferred Directors in a sentence

• Upon any termination of the right of the holders of shares of Designated Preferred Stock and Voting Parity Stock as a class to vote for directors as provided above, the Preferred Directors shall cease to be qualified as directors, the term of office of all Preferred Directors then in office shall terminate immediately and the authorized number of directors shall be reduced by the number of Preferred Directors elected pursuant hereto.

• The Preferred Directors shall each be entitled to one vote per director on any matter.

• Each of the Preferred Directors shall be entitled to one vote on any matter.

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• The terms of office of the Preferred Directors will immediately terminate, and the number of directors constituting the Board of Directors will be reduced accordingly.

More Definitions of Preferred Directors

Preferred Directors shall have the meaning ascribed thereto in the Voting Agreement.

Preferred Directors shall have the meaning as defined in the Shareholders Agreement.

Preferred Directors has the meaning set forth in Section 10(c).

Preferred Directors means the directors designated for election to the Board pursuant to Section 1.2(a) of that certain Amended and Restated Voting Agreement of even date herewith by and among the Company and the “Investors” and “Key Holders” named therein, as amended from time to time, then serving on the Board, if any.

Preferred Directors has the meaning ascribed to it in Section 2.1(b)(ii).

Preferred Directors means the directors of the Company elected solely by the holders of record of either the Series A Preferred Stock or the Series B Preferred Stock and Series B-1 Preferred Stock pursuant to the Company’s Certificate of Incorporation.

Preferred Directors has the meaning set forth in Section 8(b).