Current Director means any member of the Board as of the date hereof and any successor of a Current Director whose election, or nomination for election by the Company's shareholders, was approved by at least two-thirds of the Current Directors then on the Board); (d) the shareholders of the Company approve (i) a plan of complete liquidation of the Company or (ii) an agreement providing for the merger or consolidation of the Company other than a merger or consolidation in which (x) the holders of the common stock of the Company immediately prior to the consolidation or merger have, directly or indirectly, at least a majority of the common stock of the continuing or surviving corporation immediately after such consolidation or merger or (y) the Board immediately prior to the merger or consolidation would, immediately after the merger or consolidation, constitute a majority of the board of directors of the continuing or surviving corporation; or (e) the shareholders of the Company approve an agreement (or agreements) providing for the sale or other disposition (in one transaction or a series of transactions) of all or substantially all of the assets of the Company.
Current Director means any member of the Board elected at or continuing in office after the 2004 annual and special meeting of shareholders of the Corporation, any successor of a Current Director who has been approved by a majority of the Current Directors then on the Board, and any other person who has been approved by a majority of the Current Directors then on the Board);
Current Director means any member of the Board as of the date hereof and any successor of a Current Director whose election, or nomination for election by the Company’s shareholders, was approved by at least a majority of the Current Directors then on the Board); (c) (i) the complete liquidation of the Company or (ii) the merger or consolidation of the Company, other than a merger or consolidation in which (x) the holders of the common stock of the Company immediately prior to the consolidation or merger have, directly or indirectly, at least a majority of the common stock of the continuing or surviving corporation immediately after such consolidation or merger or (y) the Board immediately prior to the merger or consolidation would, immediately after the merger or consolidation, constitute a majority of the board of directors of the continuing or surviving corporation, which liquidation, merger or consolidation has been approved by the shareholders of the Company; or (d) the sale or other disposition (in one transaction or a series of transactions) of all or substantially all of the assets of the Company pursuant to an agreement (or agreements) which has (have) been approved by the shareholders of the Company.
Examples of Current Director in a sentence
Phone: 000-000-0000 (O), 000-000-0000 (C), Fax: 000-000-0000, Email: xxxx@xxxxxxxxxxx.xxx (Current Director of Facilities and Grounds) For the Commission: Xxxxxxxxx Xxxxxxxxxxx, Executive Director, Critical Area Commission for the Chesapeake and Atlantic Coastal Bays, 0000 Xxxx Xxxxxx, Xxxxx 000, Xxxxxxxxx, XX 00000.
More Definitions of Current Director
Current Director means any member of the Board of Directors elected at or continuing in office after, the 2001 Annual Meeting of Stockholders, any successor of a Current Director who has been approved by a majority of the Current Directors then on the Board, and any other person who has been approved by a majority of the Current Directors then on the Board); or (iii) on the date of (x) the merger or consolidation of the Company with another corporation where the shareholders of the Company, immediately prior to the merger or consolidation, would not beneficially own, immediately after the merger or consolidation, shares entitling such shareholders to 50% or more of all votes (without consideration of the rights of any class of stock to elect directors by a separate class vote) to which all shareholders of the corporation would be entitled in the election of directors or where the members of the Board of Directors of the Company, immediately prior to the merger or consolidation, would not immediately after the merger or consolidation, constitute a majority of the Board of Directors of the corporation issuing cash or securities in the merger or consolidation or (y) on the date of the sale or other disposition of all or substantially all the assets of the Company.
Current Director means any member of the Board elected at or continuing in office after, the 1997 annual meeting of shareholders of the Company, any successor of a Current Director who has been approved by a majority of the Current Directors then on the Board, and any other person who has been approved by a majority of the Current Directors then on the Board). The parties agree that in the event that the Company shall fail to pay or otherwise perform its obligations in favour of the Executive pursuant to this section 17 and such obligations are successfully enforced by the Executive following the institution of legal proceedings, the Company shall reimburse to the Executive all of his costs and expenses (including legal fees and disbursements) which have been incurred by the Executive in order to enforce such obligations.
Current Director means any member of the Board as of November 27, 1996, and any successor of any such member whose election, or nomination for election by the Corporation's shareholders, was approved by at least a majority of the Current Directors then on the Board or by Mr. Picower or the Picower Group);
Current Director means any member of the Board of Directors of the Company as of the effective date of the Plan and any successor of a Current Director whose nomination or election has been approved by a majority of the Current Directors then on the Board of Directors of the Company); or (iii) the date of approval by the shareholders of the Company of an agreement providing for (A) the merger or consolidation of the Company with another corporation where the shareholders of the Company, immediately prior to the merger or consolidation, would not beneficially own, immediately after the merger or consolidation, shares entitling such shareholders to 50% or more of all votes (without consideration of the rights of any class of stock to elect directors by a separate class vote) to which all shareholders of the corporation issuing cash or securities in the merger or consolidation would be entitled in the election of directors or where the members of the Board of Directors of the Company, immediately prior to the merger or consolidation, would not, immediately after the merger or consolidation or (B) the sale or other disposition of all or substantially all the assets of the Company.
Current Director means any member of the Board of Directors of the Company on the date hereof and any member whose nomination or election has been approved by a majority of Current Directors then on the Board of Directors of the Company.
Current Director means each member of the Board as of the date of this Certificate of Designations and the first individual elected and qualified to fill the Class III Board seat that is vacant as of the date of this Certificate of Designations.
Current Director means each member of the Company’s Board of Directors as of the date of this Agreement and the first individual elected and qualified to fill the Class III Board seat that is vacant as of the date of this Agreement.