Board Change Date

Board Change Date. For purposes of this Agreement, "Board Change Date" shall mean the date on which the individuals who, as of the effective date of this Agreement, are members of the Company's Board of Directors (the "Incumbent Board") cease for any reason to constitute a majority of the Board of Directors; provided however, that if the election, or nomination for election, by the Company's shareowners, of any new director was approved by a vote of at least a majority of the Incumbent Board, such new director... shall, for purposes of this Agreement, be considered as a member of the Incumbent Board. View More