Continuing Director Definition Example with 13 Variations
This page contains an example definition of Continuing Director, followed by definitions with minor variations. You can view the differences between the example and variations by selecting the "Show Differences" option.
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...
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Variations
Continuing Director. An an individual (i) who is, as of the effective date of the Plan, a director of the Company, (ii) 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 (iii) 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...
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Continuing Director. An an individual (i) (A) who is, as of the effective date of the Plan, a director of the Company, or (ii) (B) 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, excluding for purposes of this clause (ii), an (B) any such individual whose initial assumption of office occurs as a result of an...
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Found in
C. H. Robinson Worldwide contract
Continuing Director. An an individual (i) who is, as of the effective date Effective Date of the Plan, a director of the Company, or (ii) who becomes a director of the Company after the effective date 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 the result of an actual or...
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Found in
Shoe Carnival, Inc. contract
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