Independent Director Committee definition

Independent Director Committee means the Compensation Committee of the Board, or, in the discretion of the Board, any other committee or body of the Board consisting only of Independent Directors.
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Independent Director Committee means a committee of the Purchaser Board comprised solely of three directors who are Independent initially designated in accordance with the Investor Rights Agreement.
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Independent Director Committee shall have the meaning set forth in the recitals to this Agreement.
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Examples of Independent Director Committee in a sentence

  • The Independent Director Committee shall not seek recovery to the extent it determines (i) that to do so would be unreasonable or (ii) that it would be better for the Company not to do so.

  • In addition, in the event that, at the request of the Board given at any time, the Independent Director Committee determines that there has been any Misconduct on the part of any Executive Officer, then the Independent Director Committee shall, except as provided below, seek to recover for the benefit of the Company all of the Awarded Compensation for any of the three prior fiscal years.

  • Vinay Panjabi Chairman Non –Executive Independent Director Member Non –Executive Independent Director Committee are Non-Executive Director and have sound knowledge of management practices.

  • Shall be able to dedicate adequate time to perform the duties of the Independent Director Committee.

  • The Independent Director Committee need not seek recovery to the extent it determines that to do so would be unreasonable or that it would be better for the Company not to do so.

  • In determining the after-tax portion of the Excess Compensation, the Independent Director Committee will take into account its good faith estimate of the value of any tax deduction available to the executive officer in respect of such repayment.

  • If the Independent Director Committee determines to seek a recovery pursuant to this policy, it will make a written demand for repayment from the executive officer and, if the executive officer does not within a reasonable period tender repayment in response to such demand, and the Independent Director Committee determines that he or she is unlikely to do so, the Independent Director Committee may seek a court order against the executive officer for such repayment.

  • Matters pertaining to the Company’s affairs was put forth their views to the chairman of the Independent Director Committee Meeting.

  • The Performance Evaluation was carried out by NRC committee, Independent Director Committee and Board in their respective meetings, for the FY 2021-2022.The detailed process of Performance Evaluation has been explained in the Evaluation Kit.

  • He has been instrumental in leading governance improvements within the Company during his previous term and led the Independent Director Committee.


More Definitions of Independent Director Committee

Independent Director Committee means a committee of the Purchaser Board comprised solely of three directors who are Independent initially nominated in accordance with the Investor Rights Agreement.
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Independent Director Committee means a committee of the Board of Directors comprised solely of two or more Independent Directors that is duly authorized to consider and act upon the matters that require Independent Director Approval under this Agreement. With respect to any action or determination requiring or subject to Independent Director Approval prior to the Closing, the members of the Independent Director Committee must also not be an Additional Director or a director (other than an Independent Director of the Company) officer, employee or consultant of, or advisor to, Alon Israel or its Affiliates, or a person who shall have served in such capacity within a three (3) year period immediately preceding the date of such determination, and must be independent of, and not affiliated with, Alon Israel and its Affiliates within the meaning of Delaware Law. For the avoidance of doubt, no Additional Director may be a member of the Independent Director Committee.
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Independent Director Committee shall have the meaning set forth in Section 30.
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Related to Independent Director Committee

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

  • 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).

  • Independent Director/Trustee means any; (i) director or trustee of an Invesco Mutual Fund who is not an “interested person” (as defined in Section 2(a)(19) of the Investment Company Act) of an Invesco Mutual Fund; (ii) director or trustee of an Invesco ETP who is not an “interested person” (as defined in Section 2(a)(19) of the Investment Company Act) of an Invesco ETP; or (iii) member of the Invesco Canada Independent Review Committee, Invesco Canada Funds Advisory Board or Board of Directors of Invesco Corporate Class Inc. who has no other executive responsibilities or engagement in an Invesco Canada Fund or Invesco NA’s day-to-day activities beyond the scope of their duties as director/trustee.

  • Independent Director means a director referred to in Section 149 (6) of the Companies Act, 2013.

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

  • Independent Board Member means a trustee of the Fund who is neither an “interested person” of the Fund as defined in Section 2(a)(19) of the Investment Company Act of 1940, as amended, nor a party to the Proceeding with respect to which indemnification or advances are sought.

  • Board Committee means those individual Directors who have been appointed by the Board of Directors with the powers and responsibilities specified in Article V and to which has been delegated any fiduciary responsibilities of the Board of Directors with respect to the Plan.

  • Sub-Committee means a committee of a committee created by the Board.

  • 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.

  • Independent Committee means a committee of the board of directors of the General Partner made up of directors that are “independent” of Brookfield and its Affiliates, as contemplated by applicable securities Laws;

  • Audit Committee or Committee means Committee of Board of Directors of the Company constituted under provisions of Listing agreement and Companies Act, 2013.

  • Nomination and Remuneration Committee means a Committee of Board of Directors of the Company, constituted in accordance with the provisions of Section 178 of the Companies Act, 2013 and the Listing Agreement.

  • Management Committee means in the case of a Competition which is an unincorporated association, the management committee elected to manage the running of the Competition and where the Competition is incorporated it means the Board of Directors appointed in accordance with the articles of association of that company.

  • CSR Committee means the Corporate Social Responsibility Committee of the Board referred to in section 135 of the Act.

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

  • Compensation Committee means the Compensation Committee of the Board.

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

  • Listing Committee the listing committee of the Stock Exchange;

  • Advisory Committee means the Employer's Advisory Committee as from time to time constituted.

  • Selection Committee means a committee of individual(s) who evaluate and rank proposals; conduct negotiations; and makes a contract award recommendation to the District and its respective Committees.

  • OPSI Advisory Committee means the committee established under Tariff, Attachment M, section III.G.

  • 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.

  • Governance Committee means the Governance Committee of the Board.

  • Advisory Board Member means a member of an “Advisory Board” as defined in Section 2(a)(1) of the 1940 Act.