Successor Director definition

Successor Director shall have the meaning set forth in Section 2(b).
Successor Director means (i) Mr. ▇▇▇▇ ▇▇▇▇▇, in the event ▇▇. ▇▇▇▇▇ qualifies as an independent director under NASDAQ rules and is duly appointed by the DIRECTV Board to fill the vacancy to be created by ▇▇. ▇▇▇▇▇▇▇▇'▇ resignation or (ii) in the event ▇▇. ▇▇▇▇▇ is not so appointed, an individual appointed by the DIRECTV Board who qualifies as an independent director under NASDAQ rules and whose appointment has been approved by both DIRECTV and Splitco.
Successor Director means a Director who was elected by the Board to fill an unexpired term of a vacant directorship.

Examples of Successor Director in a sentence

  • Effective upon the appointment of the Successor Director to the Board of Directors, such Successor Director will be considered the ▇▇▇▇▇▇▇ Director for all purposes of this Agreement.