Continuing Director

Example Definitions of "Continuing Director"
Continuing Director. An individual (i) who is, as of the effective date of the Plan, a director of the Company, or (ii) who becomes a director of the Company after the effective date hereof and whose initial election, or nomination for election by the Company's shareholders, was approved by at least a majority of the then Continuing Directors, but excluding, for purposes of this clause (ii), an individual whose initial assumption of office occurs as a result of an actual or threatened proxy contest relating to the... election of directors View More
View All 13 Variations
Continuing Director. An individual (i) who is, as of the effective date of the Plan, Agreement, a director of the Company, or (ii) who becomes is elected as a director of the Company after subsequent to the effective date hereof of the Agreement and whose initial election, or nomination for initial election by the Company's shareholders, was approved by at least a majority of the then Continuing Directors, but excluding, for purposes of this clause (ii), an any such individual whose initial assumption of office... occurs as a result of an actual or threatened proxy election contest relating to the election of directors View More
Continuing Director. An individual (i) who is, as of the effective date of the Plan, a director of the Company, or (ii) who becomes a director of the Company after the effective date hereof and whose initial election, or nomination for election by the Company's shareholders, stockholders, was approved by at least a majority of the then Continuing Directors, but excluding, for purposes of this clause (ii), an individual whose initial assumption of office occurs as a the result of an actual or threatened proxy... contest relating involving the solicitation of proxies or consents by a person or Group other than the Board, or by reason of an agreement intended to the election of directors avoid or settle an actual or threatened proxy contest View More
Continuing Director. An individual (i) (A) who is, as of the effective date of the Plan, a director of the Company, (B) who is elected as a director of the Company subsequent to the effective date hereof pursuant to a nomination or (ii) board representation right of preferred stockholders of the Company, or (C) who becomes a director of the Company after the effective date hereof and whose initial election, or nomination for election by the Company's shareholders, stockholders, was approved by at least a majority... of the then Continuing Directors, but excluding, for purposes of this clause (ii), an individual whose initial assumption of office occurs as a result of an actual or threatened proxy contest relating to the election of directors Directors View More
View Variations
Continuing Director. Any individual who is a member of the Board on the Effective Date or was designated (before such person's initial election as a Director) as a Continuing Director by 2/3 of the then Continuing Directors
Continuing Director. Any Shall mean any individual who is a member of the Board on the Effective Date December 9, 1986 or was designated (before such person's initial election as a Director) as a Continuing Director by 2/3 of the then Continuing Directors Directors.
View Variations
Continuing Director. Means an individual (i) who is, as of the effective date of the Plan, a director of the Company, or (ii) who becomes a director of the Company after the effective date hereof and whose initial election, or nomination for election by the Company's shareholders, was approved by at least a majority of the then Continuing Directors, but excluding, for purposes of this clause (ii), an individual whose initial assumption of office occurs as the result of an actual or threatened "Election Contest"... (defined as any solicitation subject to Rules 14a-1 to 14a-10 promulgated under the Exchange Act by any person or Group for the purpose of opposing a solicitation subject to Rules 14a-1 to 14a-10 by any other person or Group with respect to the election or removal of directors at any annual or special meeting of shareholders of the Company) or other actual or threatened solicitation of proxies or consents by or on behalf of a person or Group other than the Board (a "Proxy Contest"), including by reason of any agreement intended to avoid or settle any Election Contest or Proxy Contest. View More
Continuing Director. Means an individual (i) who is, as of the effective date of the Plan, Effective Date, a director of the Company, Bank or FIB, or (ii) who becomes is elected as a director of the Company after Bank or FIB subsequent to the effective date hereof Effective Date and whose initial election, or nomination for initial election by the Company's Bank's or FIB's shareholders, was approved by a vote of at least a majority two-thirds of the then Continuing Directors, but excluding, for purposes of this... clause (ii), an Directors; provided, however, that no individual whose initial assumption of shall be considered a Continuing Director if such individual initially assumed office occurs as the a result of either an actual or threatened "Election Contest" (defined as any solicitation subject to Rules 14a-1 to 14a-10 promulgated under the Exchange Act by any person or Group for the purpose of opposing a solicitation subject to Rules 14a-1 to 14a-10 by any other person or Group with respect to the election or removal of directors at any annual or special meeting of shareholders of the Company) FIB or Bank) or other actual or threatened solicitation of proxies or consents by or on behalf of a person or Group other than the Board Boards (a "Proxy Contest"), including by reason of any agreement intended to avoid or settle any Election Contest or Proxy Contest. View More
View Variations
Continuing Director. (i) each director on the Board of Directors on the date hereof or (ii) any new director whose election or nomination for election by the Company's stockholders was approved by a vote of at least a majority of the directors then still in office who were directors on the date hereof or whose election or nomination was so approved.
Continuing Director. (i) each director on the Board of Directors on the date hereof or (ii) any new director whose election or nomination for election by the Company's stockholders was approved by a vote of at least a majority two-thirds of the directors then still in office who were directors on the date hereof or whose election or nomination was so approved.
View Variations
Continuing Director. Any member of the Board, while a member of the Board and (i) who was a member of the Board on the Effective Date or (ii) whose nomination for or election to the Board was recommended or approved by a majority of the Continuing Directors.
Continuing Director. Any member of the Board, while a member of the Board and (i) who was a member of the Board on the Effective Date or (ii) whose nomination for or election to the Board was recommended or approved by a majority of the members of the Board who, on the date of such recommendation or approval, are Continuing Directors.
View Variations
Continuing Director. Any member of the Board of Directors who was such a member on the date on which this Plan was approved by the Committee and any successor to such a Continuing Director who is approved as a nominee or elected to succeed a Continuing Director by a majority of Continuing Directors who are then members of the Board of Directors.
Continuing Director. Means any individual who was a member of the Board on the date of this Agreement or thereafter elected by the shareholders of the Company or appointed by the Board prior to the date as of which a person becomes a Substantial Shareholder (as such term is defined in Article Seventh of the Company's Amended Articles of Incorporation as in effect on the date of this Agreement) or an individual designated (before his or her initial election or appointment as a director) as a Continuing Director by a... three-fourths (3/4) vote of the Whole Board [but only if a majority of the Whole Board shall then consist of Continuing Directors] View More
Continuing Director. (a) any member of the board of directors of the Borrower who was a director (or comparable manager) of the Borrower on the date hereof, and (b) any individual who becomes a member of the board of directors of the Borrower after the date hereof if such individual was appointed or nominated for election to the board of directors of the Borrower by a majority of the Continuing Directors, but excluding any such individual originally proposed for election in opposition to the board of directors in... office at the date hereof in an actual or threatened election contest relating to the election of the directors (or comparable managers) of the Borrower and whose initial assumption of office resulted from such contest or the settlement thereof View More
Continuing Director. An individual (A) who is, as of the effective date of the Plan, a director of the Company, (B) who is elected as a director of the Company subsequent to the effective date hereof pursuant to a nomination or board representation right of preferred stockholders of the Company, or (C) who becomes a director of the Company after the effective date hereof and whose initial election, or nomination for election by the Company's stockholders, was approved by at least a majority of the then Continuing... Directors View More
Continuing Director. Means a director of the Company who is not an Acquiring Person or an affiliate or associate thereof or any of their representatives and who was either a director of the Company before any "person" (as defined in Sections 13(d) and 14(d) of the Exchange Act) became an Acquiring Person or whose nomination or election to the Board was recommended or approved by a majority of the then Continuing Directors.
All Definitions