Board of Directors Approval definition

Board of Directors Approval means the approval of a transaction by a majority of directors who do not have a personal stake in the transaction being voted upon, evidenced by a written resolution of the Board of Directors authorizing such transaction.
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Board of Directors Approval means the approval and adoption by the Board of Directors of AHIT of this Agreement and the Transactions, all in satisfaction of the requirements the Articles of Incorporation and Bylaws of AHIT, as amended, and any applicable statute under Maryland law.
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Board of Directors Approval. By: /s/ Xxxxx X. Xxxxx Xxxxx X. Xxxxx, Chairman Human Resources Committee Appendix I Employment Agreement Definitions
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Examples of Board of Directors Approval in a sentence

  • SCN has full power and authority (including full corporate power and authority) to execute and deliver this Agreement, to issue the SCN Shares to be issued in connection with this Agreement and otherwise to perform its obligations hereunder; provided, however, that SCN cannot consummate the transaction unless and until it receives the Requisite SCN Board of Directors Approval.

  • Board of Directors Approval The contents of this Circular and the sending thereof to the Shareholders of the Corporation have been approved by the Board.

  • Therefore, any matter that would be deemed to be a Shareholder Approval Matter or a Board of Directors Approval Matter, when it relates to a Subsidiary, shall be treated as a Board of Directors Approval Matter, and, therefore, before the Company exercises its voting rights in the Subsidiary in favor of any such matter, the matter shall be voted at a Company's Board of Directors' meeting and receive the necessary approval required for any Board of Directors Approval Matter.

  • Validity/ Board of Directors Approval: Any and all of SPFC's and BOMAC's obligations hereunder are expressly conditioned upon approval of their respective Boards of Directors.

  • Subject to the Company's Board of Directors' Approval and as may be required under the applicable law, the Company's Shareholders Meeting, the Company may pay to the Employees an annual bonus based on certain criteria which shall be determined by the Company's Board of Directors.

  • Also, subject to Bank's Board of Directors Approval, Employee shall participate in the Bank's Deferred Bonus Plan.

  • Name of Seller /s/Kim Adolphe/s/ Name of Person Signing President and CEO Title Sept., 24, 1999 Date 126 Board of Directors Approval and Waiver of Meeting I, ____________________, a duly elected Board of Directors member of Salient Cybertech, Inc.

  • Notwithstanding anything contained herein to the contrary, the Compensation Committee, subject to Board of Directors Approval, retains the right to change the method of determination of Incentive Compensation to account for circumstances which were not anticipated at the time of the Plan design or establishment of annual targets and objectives.

  • The number of Homestake Shares subject to your 1998 Contingent Right will be that number of Homestake Shares which have a fair market value, on the day your cash bonus for 1998 is approved by the Homestake Board of Directors ("Approval Date"), equal to 150% of the amount of cash bonus for 1998 that is foregone by you.

  • Conditions to the Obligations of Buyers 5 7.1 Representations and Warranties True 5 7.2. Performance 5 7.3. No Proceedings, Litigation, Injunction 6 7.4 Board of Directors Approval 6 8.


More Definitions of Board of Directors Approval

Board of Directors Approval means the receipt of approval of this Agreement from the Board of Directors of Schering-Plough Corporation, the corporate parent of Schering.
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Related to Board of Directors Approval

  • Company Board of Directors means the board of directors of the Company.

  • The Board of Directors or "Board" means all those persons appointed to perform the duties of directors of the society;

  • Board of Directors means the board of directors of the Company.

  • Board of Directors or Board means the Board of Directors of Pitti Laminations Limited, as constituted from time to time.

  • Board or Board of Directors means the Board of Directors of the Company.

  • Board of Director or “Board” means the Board of Directors of Omaxe Limited, as constituted from time to time.

  • Board means the Board of Directors of the Company.

  • the Board means the board of directors of the Company;

  • entire Board of Directors means the total number of directors which the Corporation would have if there were no vacancies.

  • Executive Committee means a group of directors elected or appointed to act on behalf of, and within the powers granted to them by, the Commission.

  • Board Approval has the meaning set out in Section 2.2(a)(ii);

  • Nominations Committee means the nominations committee established pursuant to Article 100(k).

  • Nominating Committee means the nominating committee of the board of directors of the Company established pursuant to the Articles, or any successor committee.

  • Audit Committee means the audit committee of the board of directors of the Company established pursuant to the Articles, or any successor committee.

  • Nomination Committee means the nomination committee of the Board established in accordance with Article 116;

  • Compensation Committee means the Compensation Committee of the Board.

  • Guarantor’s Board of Directors means the board of directors of the Guarantor or any committee of that board duly authorized to act generally or in any particular respect for the Guarantor hereunder.

  • Listing Committee means the listing sub-committee of the board of directors of the Stock Exchange;

  • Parent Board means the board of directors of Parent.

  • Chairman of the Board means the Chairman of the Board of the Corporation.

  • Independent Board Committee means the independent board committee of the Company

  • Transition Committee shall have the meaning set forth in Section 2.14.

  • Governing board means the Fund's Board of Directors if the Fund is a corporation or the Fund's Board of Trustees if the Fund is a trust, or, where duly authorized, a competent committee thereof.