Common Stock Directors definition

Common Stock Directors shall have the meaning assigned to it in the Certificate.
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Common Stock Directors has the meaning set forth in Paragraph I(8)(b) hereof.
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Common Stock Directors means those directors who have not been ---------------------- elected by the holders of the shares of the Convertible Preferred Stock pursuant to Section 9.
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Examples of Common Stock Directors in a sentence

  • The Company issued its non-employee Common Stock Directors options to purchase 30,000 shares of the Company’s Class A common stock in 2016.

  • Two candidates for the Board of Directors shall be designated by the holders of Common Stock ("Common Stock Directors").

  • A waiver of any default shall not constitute a waiver of any subsequent default.

  • But, because of the proposed revision to MDG I’s certificate of incorporation that the financing packaged required, which reduced the size of the board to five members and eliminated the Founders’ right to designate the two Common Stock Directors, the Founders refused to vote their common shares in favor of the financing package.

  • After the merger, the Founders did not seek to amend their complaint in the Section 225 Action to challenge the new method by which the Common Stock Directors were removed from the board.

  • At that meeting, a majority of the board voted to terminate those provisions of the Stockholders Agreement that were inconsistent with the approved revision to the certificate of incorporation, including the provisions granting the Founders the right to appoint two Common Stock Directors to the board.

  • As a result of these proposed changes, the Founders’ right to appoint Common Stock Directors under the Stockholders Agreement would be eliminated.

  • Because the Common Stock Directors were briefly returned to their board positions at that meeting, I further assume that they were invited to participate as directors.

  • This is, of course, not to suggest that such good faith reasons might not have justified the merger given MDG’s undisputed need for additional capital, but simply to illustrate that the Founders had various theories available to them before they resolved the Section 225 Action to seek the restoration of the Common Stock Directors to the MDG board.

  • As discussed above, these claims, though based on alternative grounds, essentially request the same thing: relief for the elimination of (1) the Founders’ right to appoint two Common Stock Directors under the Stockholders Agreement and (2) the anti-dilution provisions in the Stockholders Agreement.


More Definitions of Common Stock Directors

Common Stock Directors means those directors of the Company who have not been elected by the holders of the Securities pursuant to the separate class vote granted to the Holders of the Securities to elect directors pursuant to the Charter Amendment.
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Common Stock Directors has the meaning specified in the recitals.
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Common Stock Directors shall have the meaning set forth in Section 6.1(a)(v) of this Agreement.
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Common Stock Directors means the directors of the Corporation elected by the holders of the Common Stock.
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Common Stock Directors has the meaning assigned to such term in Section 2.1(a).
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Related to Common Stock Directors

  • Parent Directors means the Directors elected or appointed pursuant to Articles 53 – 56 inclusive;

  • New Directors means any director whose election by the Board or whose nomination for election by the Company's stockholders was approved by a vote of at least two-thirds of the directors then still in office who were Present Directors or New Directors.

  • Preferred Directors means the Series A Directors and the Series B Directors.

  • Series A Directors means the directors of the Company that have been solely designated by the holders of record of the Series A Preferred Stock pursuant to the Certificate of Incorporation, the Stockholders Agreement or otherwise.

  • Common Stock Dividend means a stock dividend declared and paid on the Common Stock that is payable in shares of Common Stock.

  • Non-Voting Common Stock means the Non-Voting Common Stock, par value $0.01 per share, of the Company.

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

  • Voting Common Stock means the Voting Common Stock, par value $.01 per share, of the Company.

  • Surviving Corporation Common Stock has the meaning set forth in Section 1.7(a).

  • Investor Directors has the meaning set forth in Section 2(a).

  • Common Stockholders means holders of shares of Common Stock.

  • Series B Director means any director of the Company that the holders of record of the Series B Preferred Stock are entitled to elect, exclusively and as a separate class, pursuant to the Certificate of Incorporation.

  • Preferred Stock Dividends means all dividends with respect to Preferred Stock of Restricted Subsidiaries held by Persons other than the Company or a Wholly Owned Restricted Subsidiary. The amount of any such dividend shall be equal to the quotient of such dividend divided by the difference between one and the maximum statutory federal income rate (expressed as a decimal number between 1 and 0) then applicable to the issuer of such Preferred Stock.

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

  • Parent Common Stock means the common stock, par value $.001 per share, of Parent.

  • Independent Directors means the members of the Board of Directors who are not officers or employees of the Manager or any Person directly or indirectly controlling or controlled by the Manager, and who are otherwise “independent” in accordance with the NYSE’s corporate governance listing standards (or the rules of any other national securities exchange on which the Common Stock is listed).

  • Common Stock means the common stock of the Company.

  • Preferred Director means any director of the Company that the holders of record of the Preferred Stock are entitled to elect pursuant to the Company’s Certificate of Incorporation.

  • Company Stock Plan means any stock option plan or other stock or equity-related plan of the Company.

  • Company Stock Plans has the meaning set forth in Section 3.02(b).

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

  • shadow director means, in relation to a company, any person in accordance with whose directions or instructions the directors of the company are accustomed to act, but the person is not deemed to be a shadow director by reason only that the directors act on advice given by him in a professional capacity; and

  • Merger Sub Common Stock means the shares of common stock, par value $0.001 per share, of Merger Sub.

  • Voting Preferred Stock means, with regard to any election or removal of a Preferred Stock Director (as defined in Section 8(b) below) or any other matter as to which the holders of Series E are entitled to vote as specified in Section 8 of this Certificate of Designations, any and all series of Preferred Stock (other than Series E) that rank equally with Series E either as to the payment of dividends or as to the distribution of assets upon liquidation, dissolution or winding up of the Corporation and upon which like voting rights have been conferred and are exercisable with respect to such matter.

  • Series A Director means any director of the Company that the holders of record of the Series A Preferred Stock are entitled to elect pursuant to the Company’s Certificate of Incorporation.

  • Holdings Common Stock means the common stock, par value $0.01 per share, of Holdings.