Class III Directors definition

Class III Directors means members of Class III.

Class III Directors has the meaning specified in Section 7.8(c)(iii).

Class III Directors. Xxxxx Xxxxxxxxx Xxxxxxx X.

Examples of Class III Directors in a sentence

• Xxxxxxxxx Xxxxxxxx, Xxxxxxx Xxxxx, Xxxxxxxx (‘‘Raj’’) Xxxxxxx and Xxxxx Xxxxx; and the current Class III Directors are Xxxxxxx X.

• This means that the four nominees receiving the highest number of affirmative ‘‘FOR’’ votes will be elected as Class III Directors.

• Xxxxxx and Xxxxxx Xxxx as Class III Directors to serve until the 2019 Annual Meeting of Shareholders and until their respective successors shall have been duly elected and qualified; To ratify the appointment of Ernst & Young LLP as our independent registered public accounting firm for the fiscal year ending April 1, 2017; and To transact such other business as may properly come before the Annual Meeting or any continuation, postponement, or adjournment of the Annual Meeting.

• Class I Directors shall be originally elected for a term expiring at the succeeding annual meeting of shareholders, Class II Directors shall be originally elected for a term expiring at the second succeeding annual meeting of shareholders, and Class III Directors shall be originally elected for a term expiring at the third succeeding annual meeting of shareholders, in each case following the Closing Date.

• This means Votes withheld and broker non-votes will that the four nominees receiving the highest number of affirmative ‘‘FOR’’ votes will be elected as Class III Directors.

More Definitions of Class III Directors

Class III Directors shall serve for a term ending on the date of the third annual general meeting of shareholders following the Classifying Date. The Investor Designees shall be allocated to the longest duration classes and, unless otherwise agreed by the Blackstone Group and the Warburg Group, the Investor Designees of each Investor Group shall be apportioned equitably within an applicable class as compared to the Investor Designees of the other Investor Group.

Class III Directors shall include: one ORC Director (initially [________]), one NB Director (initially [________]) and one Independent Director (initially [________]). The initial term of the Class I Directors shall expire immediately following PubCo’s 2022 annual meeting of stockholders at which Directors are elected. The initial term of the Class II Directors shall expire immediately following PubCo’s 2023 annual meeting of stockholders at which Directors are elected. The initial term of the Class III Directors shall expire immediately following PubCo’s 2024 annual meeting of stockholders at which Directors are elected. After the Closing, the total number of Directors and rights to designate individuals for nomination shall be determined in accordance with the Organizational Documents and this Agreement.

Class III Directors as nearly equal in number as is reasonably possible, with the initial term of office of the Class I Directors to expire at the first annual meeting of stockholders following the time at which the initial classification of the Board becomes effective, the initial term of office of the Class II Directors to expire at the second annual meeting of stockholders following the time at which the initial classification of the Board becomes effective, and the initial term of office of the Class III Directors to expire at the third annual meeting of stockholders following the time at which the initial classification of the Board becomes effective, with each director to hold office until such director’s successor shall have been duly elected and qualified, subject, however, to such director’s earlier death, resignation, disqualification or removal, and the Board shall be authorized to assign members of the Board, other than those directors who may be elected by the holders of any series of Preferred Stock, to such classes. At each annual meeting of stockholders, directors elected to succeed those directors whose terms then expire shall be elected for a term of office to expire at the third succeeding annual meeting of stockholders after their election, with each director to hold office until their successor shall have been duly elected and qualified, subject, however, to such director’s earlier death, resignation, disqualification or removal.

Class III Directors means the directors in Class III, as prescribed by the Certificate of Incorporation.

Class III Directors included: one ORC Director (initially Xxxxxxx Xxxxxxxx), one NB Director (initially Xxxxxx X. Xxxxxxxx) and one Independent Director (initially Xxxxx Xxxxxx). In accordance with the Xxxx XXX, Xxxx Xxxx became a Class III Director as of December 29, 2021. The initial term of the Class I Directors expired immediately following PubCo’s 2022 annual meeting of stockholders at which Directors are elected. The initial term of the Class II Directors expired immediately following PubCo’s 2023 annual meeting of stockholders at which Directors are elected. The initial term of the Class III Directors shall expire immediately following PubCo’s 2024 annual meeting of stockholders at which Directors are elected. As of the Effective Date, the total number of Directors is 10 and from and after the Effective Date, the total number of Directors and rights to designate individuals for nomination shall be determined in accordance with the Organizational Documents and this Agreement.

Class III Directors shall include: one ORC Director (initially Xxxx Xxxxxxxx), one NB Director (initially Xxxxxx X. Xxxxxxxx) and one Independent Director (initially Xxxxx Xxxxxx). The initial term of the Class I Directors shall expire immediately following PubCo’s 2022 annual meeting of stockholders at which Directors are elected. The initial term of the Class II Directors shall expire immediately following PubCo’s 2023 annual meeting of stockholders at which Directors are elected. The initial term of the Class III Directors shall expire immediately following PubCo’s 2024 annual meeting of stockholders at which Directors are elected. After the Closing, the total number of Directors and rights to designate individuals for nomination shall be determined in accordance with the Organizational Documents and this Agreement.

Class III Directors has the meaning ascribed to it in Section 5.17(a).