Examples of Reuters Director in a sentence
So long as the board of directors delegates compensation issues to a compensation committee or other entity dealing with compensation issues, Reuters shall have the right to have a Reuters Director on such committee, until such time as Reuters no longer has the right to nominate to any directors to the board of directors pursuant to section 3.4 of the bylaws.
Since the interest rates on the majority of the Company’s debt is at floating interest rates based on prime, the interest amount above is estimated.
If a vacancy occurs or exists on the Board of Directors at any time and the vacant position was held by a Reuters Director, then Reuters (in accordance with the previous sentence) shall have the sole right to nominate an individual to fill such vacancy.
So long as the board of directors delegates compensation issues to a compensation committee or other entity dealing with compensation issues, Reuters shall have the right to have a Reuters Director on such committee, until such time as Reuters no longer has the right to nominate to any directors to the board of directors pursuant to section 3.4 of the these bylaws.
Unless the Members otherwise consent in writing, a quorum shall exist at any directors’ meeting if at least one Reuters Director and at least one CME Director are present or represented by an alternate.
Each Reuters Director is irrevocably authorised by the Company to disclose to Reuters (or its Ultimate Parent Company or any of its Affiliates), and each CME Director is irrevocably Portions of this exhibit have been omitted pursuant to a request for confidential treatment filed with the Securities and Exchange Commission.
Notwithstanding the foregoing, prior to the nomination of any person as a Reuters Director, such person shall be approved by the chief executive officer of Reuters and by the chief executive officer of the corporation.
Reuters shall, prior to the appointment of any Reuters Director (and, to the extent practicable, any alternate director), give CME a reasonable opportunity to express any concern as to such person’s suitability, and take into account such concerns, to the extent reasonable in determining whether to make such appointment.
Resolutions of the Directors shall be decided by majority of the votes cast and each Director shall have one vote (other than the Management Director, who shall have no vote), save that no resolution of the Directors shall be effective unless at least one Reuters Director and at least one CME Director (or an alternate director in either case) vote in favour of it.
Notwithstanding the other provisions of this clause 9.4, where a Unilateral Matter is to be voted on pursuant to clause 6.2 (Unilateral Matters), such a resolution may be passed in accordance with the foregoing provisions if at least one Reuters Director or at least one CME Director (as the case may be) or one of their respective alternates (as the case may be) votes in favour of it.