External Director definition

External Director means a Director appointed as such by Resolution of Shareholders or by Resolution of Directors after the Audit Committee has confirmed that all of the conditions stated in Regulations 10.3 -10.8 have been met and whose gender, special expertise, term in office, remuneration, manner of removal/dismissal, and limitation after tenure are governed in accordance to Regulations 10.1, 10.4, 10.9, 10.8, 10.11-10.14, and

External Director means a person appointed as a director of the Company pursuant to the provisions of Article 36.

External Director means a member of the Board who is not an employee of the Company or a subsidiary.

Examples of External Director in a sentence

• Notwithstanding the foregoing, in the event of Vacancy of an External Director, the Company shall call a General Meeting to elect a new External Director or take such other action as required under the Companies Law.

• Please review the requirements of “Serving as an External Director or Officer” (below) as they may apply to your participation in civic affairs.

• The compensation of the Company’s external directors, if elected, shall be in accordance with the Companies Regulations (Rules Regarding the Compensation and Expenses of an External Director), 5760-2000, as amended by the Companies Regulations (Relief for Public Companies Traded in Stock Exchange Outside of Israel), 5760-2000, as such regulations may be amended from time to time.

• An External Director may not appoint an Alternate Director for himself except as set forth in the immediately preceding sentence.

• The Company deemed that he is highly independent and designated him as an Independent Director of the Company because he has no conflict risk with the interests of the Company’s general shareholders in executing his duties as an External Director.

More Definitions of External Director

External Director means as defined in the Companies Law;

External Director means a Director that is not an employee of the Company.

External Director means a director if he or she would be an external director under the Israeli Companies Law.

External Director means a Director of the Company that is not an Internal Director.

External Director means the term External Director as defined in the Companies Law.

External Director means a Director serving as an external director under the relevant provisions of the Companies Law;

External Director means a person appointed as an External Director under clause 39(c);