Vector Board definition
Examples of Vector Board in a sentence
The Vector Board shall, in its sole and absolute discretion, determine the Distribution Date and all terms of the Distribution, including the form, structure and terms of any transactions and/or offerings to effect the Distribution and the timing of and conditions to the consummation thereof.
In addition, the Vector Board may at any time and from time to time until the completion of the Distribution decide to abandon any or all of the Distribution or modify or change the terms of the Distribution, including by accelerating or delaying the timing of the consummation of all or part of any Distribution.
Vector shall retain responsibility for the payment of any compensation payable in respect of service on the Vector Board that are payable but not yet paid as of the Distribution Date, and Spinco shall have no responsibility for any such payments (to an individual who is a member of the Spinco Board of Directors as of the Distribution Date or otherwise).
The execution, delivery and performance of the Share Purchase Agreement, Option Agreement and Registration Rights Agreement must be authorized by (i) a special committee of the Vector Board of Directors (such committee consists of Richard Aprahamian, and George Fencl) and by the complete Board of Dir▇▇▇▇▇▇ ▇▇ ▇▇▇▇▇▇ (▇onsisti▇▇ ▇▇ ▇▇▇▇▇▇.
In addition, upon your retirement, you will be treated as a non-employee director with respect to your ongoing Vector Board service and will receive compensation and benefits for your Vector Board service following the Retirement Date in accordance with the non-employee director compensation plans and policies of Vector Group Ltd.
The execution, delivery and performance of the Share Purchase Agreement, Option Agreement and Registration Rights Agreement must be authorized by (i) a special committee of the Vector Board of Directors (such committee consists of Rich▇▇▇ ▇▇▇▇▇▇▇▇▇▇, ▇▇d Geor▇▇ ▇▇▇▇▇) ▇▇d by the complete Board of Directors of Vector (consisting of Messrs.