Preferred Stock Directors definition

Preferred Stock Directors shall have the meaning set forth in Section 7(b).

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Preferred Stock Directors is defined in Section 7.1.

Preferred Stock Directors means directors elected by the holders of any series of Preferred Stock provided for or fixed pursuant to the provisions of Article IV hereof.

Examples of Preferred Stock Directors in a sentence

In case any vacancy in the office of a Preferred Stock Director occurs (other than prior to the initial election of the Preferred Stock Directors), the vacancy may be filled by the written consent of the Preferred Stock Director remaining in office, or, if none remains in office, by the vote of the holders of the shares of Series [L] Preferred Stock (together with holders of any shares of Voting Parity Stock) to serve until the next annual meeting of the shareholders.
Whenever the term of office of the Preferred Stock Directors ends and the related voting rights have expired, the number of directors automatically will be decreased to the number of directors as otherwise would prevail.
Upon termination of the right of the holders of shares of the Series [L] Preferred Stock and Voting Parity Stock to vote for Preferred Stock Directors as set forth in this Section (g), the term of office of all Preferred Stock Directors then in office elected by only those holders shall terminate immediately.

More Definitions of Preferred Stock Directors

Preferred Stock Directors means additional directors of our board of directors that are elected pursuant to the provisions of the Preferred Stock set forth under “Description of the Preferred Stock— Voting Rights”;

Preferred Stock Directors means the Series B Directors and the Series C Director.

Preferred Stock Directors has the meaning specified in Section 9(b).

Preferred Stock Directors means the directors of the Corporation elected solely by the holders of Preferred Stock under the Certificate of Incorporation.

Preferred Stock Directors by the Series A Preferred Stock Directors and with respect to Other Directors by the Board of Directors. A vacancy among the Series A Preferred Stock Directors shall be filled only by the remaining Series A Preferred Stock Directors or by vote of the holders of record of shares of Series A Preferred Stock in the manner set forth herein. A vacancy among the Common Stock Directors shall be filled only by the remaining Common Stock Directors or by vote of the holders of record of shares of Common Stock in the manner set forth herein. A vacancy among the Other Directors, whether created by an increase in number of directors on the Board of Directors or by a reduction in the number of Series A Preferred Stock Directors pursuant to the provisions hereof, shall be filled by the Board of Directors or by vote of the holders of record of shares of Common Stock in the manner set forth herein. Each Common Stock Director who shall have been elected as provided in this Paragraph I(8) may be removed during his term of office, whether with or without cause, only by the holders of record of a majority of shares of Common Stock then outstanding, and each Series A Preferred Stock Director who shall have been elected as provided in this Paragraph I(8) may be removed during his term of office, whether with or without cause, only by the holders of record of a majority of the shares of Series A Preferred Stock then outstanding. At elections of Series A Preferred Stock Directors, each holder of Series A Preferred Stock shall be entitled to one vote per share. Each Common Stock Director, each Series A Preferred Stock Director and each Other Director shall be entitled to one vote on all matters on which directors are entitled to vote.

Preferred Stock Directors means the Series A Director, the Series B Director and the Series C Director.

Preferred Stock Directors shall have the meaning set forth in Section (g)(ii) hereof.