Series B Director definition

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.

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

Series B Director has the meaning set forth in the Amended XXX.

Examples of Series B Director in a sentence

• In addition, the Company shall not amend, modify, terminate, waive, or otherwise alter, in whole or in part, any of the above-referenced agreements or any restricted stock agreement between the Company and any employee, without the consent of the Board, including a majority of the Preferred Directors (which majority shall include the Series B Director), or the consent of the Requisite Holders.

• So long as Xxxxxxxxx is entitled to designate at least one (1) Series B Director, Xxxxxxxxx shall have the option to include at least one (1) director designated by it under the Voting Agreement on each committee of the Board.

• Unless otherwise determined by the vote of a majority of the directors (which majority shall include a Series B Director) then in office, the Board shall meet at least quarterly in accordance with an agreed-upon schedule.

• The key-person policy shall name the Company as loss payee, and neither policy shall be cancelable by the Company without prior approval by the Board of Directors, including a majority of the Preferred Directors (which majority shall include the Series B Director), or prior approval by the Requisite Holders.

• In addition, unless otherwise approved by the Board, including a majority of the Preferred Directors (which majority shall include the Series B Director), or by the Requisite Holders, the Company shall retain a “right of first refusal” on employee transfers until the Company’s IPO and shall have the right to repurchase unvested shares at cost upon termination of employment of a holder of restricted stock.

More Definitions of Series B Director

Series B Director means the member of the Board of Directors designated by the holders of shares of Series B Stock pursuant to the Series B Certificate.

Series B Director means any director of the Company that has been solely designated by the holders of record of the Series B Preferred Stock pursuant to the Restated Certificate or the Third Amended and Restated Voting Agreement, dated as of the date hereof, between the Company, the Investors and certain other stockholders of the Company or otherwise.

Series B Director has the meaning set forth in Section 6.1(a) hereof.

Series B Director has the meaning set forth in Section 2.1(i) hereof.

Series B Director has the meaning specified in Article 73(a).

Series B Director has the meaning ascribed to such term in the Certificate.

Series B Director shall have the meaning assigned to it in the Certificate.