Public Director definition

Public Director means a Person that meets the qualifications described in Rule 207(e).
Public Director means an individual having the qualifications set out in Rule 201(d).
Public Director means any Director who qualifies as a “Public Director” within the meaning of the By-Laws.

Examples of Public Director in a sentence

  • Selection Whenever any Director position other than a Member Representative Director position becomes vacant, whether because of death, disability, disqualification, removal, or resignation, the Nominating Committee shall nominate, and the Sole LLC Member shall select, a person satisfying the classification (Industry, Non-Industry, or Public Director), if applicable, for the directorship as provided in Article III, Section 2 to fill such vacancy.

  • Each Member, the Company, and each other Person bound by this Agreement hereby waives all rights to, and releases each Public Director serving as a Board Member from any such duties.

  • If the vacancy is for a seat filled by a Public Director, the Board shall appoint a Person that satisfies the definition of Public Director.

  • The Board shall elect a Director to serve as Chairman of the Board, who need not be a Public Director.

  • A majority of the Directors serving on the Board, including at least one Public Director, shall constitute a quorum for the transaction of business of the Board.


More Definitions of Public Director

Public Director means an individual with the qualifications set forth in Rule 2.2(g).
Public Director means (i) prior to the time at which the CFTC Regulations establish required qualifications for public directors, any Director, and (ii) from and after such time at which the CFTC Regulations establish required qualifications for public directors, a Director found by the Board to have satisfied such requirements.
Public Director means a Director elected (or appointed to fill a vacancy) and holding office pursuant to Section 4.2.2 of this By-law and who is not, and has not been within the 12 month period prior to their election or appointment:
Public Director means an individual having the qualifications set forth in Rule 201(d). “Public Member” has the meaning given that term in Rule 710(b).
Public Director means a Director having the qualifications set out in Rule 202. “Regulatory Services Agreement” means the agreement(s) between the Exchange
Public Director means a Director with the qualifications set forth in Rule 201(e).
Public Director means a Person that meets the qualifications described in Rule 205(h).