Continuing Director
Continuing Director. Shall mean any director of the Company who (i) is not an Acquiring Person or an Affiliate of an Acquiring Person and (ii) either was (A) a member of the Board of Directors of the Company on the date hereof or (B) nominated for his or her initial term of office by a majority of the Continuing Directors in office at the time of such nomination.
Found in
REEBOK INTERNATIONAL LTD contract
Continuing Director. Shall have the meaning given in paragraph 2.3.2.
Continuing Director. Means a Director who was a Director prior to a Change in Control or was recommended or elected to succeed a Continuing Director by a majority of the Continuing Directors then in office.
Found in
PECO II INC contract
Continuing Director. Shall mean a member of the Board of Directors of Hanger who either was a member of the Board of Directors of Hanger on the date of this Agreement or who subsequently became a member of the Board of Directors of Hanger and whose election, or nomination for election, was approved by a vote of at least two-thirds (2/3) of the Continuing Directors then in office.
Found in
HANGER, INC. contract
Continuing Director. Means, with respect to any Person as of any date of determination, any member of the board of directors of such Person who (a) was a member of such board of directors on the Closing Date, or (b) was nominated for election or elected to such board of directors with the approval of a majority of the Continuing Directors who were members of such board at the time of such nomination or election, in each case either by specific vote or by approval of a proxy statement issued by the Company on behalf...
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Found in
Trimble Inc contract
Continuing Director. Each individual who is a member of -------------------- the Board on January 1, 1991, and each individual who becomes a member of the Board after such date without opposition from a majority of the then Continuing Directors; provided that, an individual shall not be a Continuing Director while such individual is (or has contracted to become) a full-time employee of the Company.
Found in
ANGELICA CORP contract
Continuing Director. Means during any period of 12 consecutive months after December 1, 2000, individuals who at the beginning of any such 12-month period constituted the Supervisory Board of the Company (together with any new supervisory directors whose election by the shareholders was from a list of candidates drawn up by the holder or holders of the Company's priority shares and new supervisory directors designated in or provided for in an agreement regarding the merger, consolidation or sale, transfer or other...
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Found in
UGC EUROPE INC contract
Continuing Director. Shall mean any member of the Company's board --------------------- of directors as of the date of this Agreement, and any successor to a Continuing Director who is recommended to succeed a Continuing Director by a majority of Continuing Directors who are then members of the board of directors.
Found in
CCUR Holdings, Inc. contract
Continuing Director. Means any individual who is either (i) a member of the Board on the Effective Date or (ii) a member of the Board whose election or nomination to the Board was approved by a vote of at least two-thirds (2/3) of the Continuing Directors (other than a person whose election was as a result of an actual or threatened proxy or other control contest).
Found in
Harley-Davidson contract
Continuing Director. MEANS (A) ANY MEMBER OF THE BOARD OF DIRECTORS WHO WAS A DIRECTOR (OR COMPARABLE MANAGER) OF BORROWER ON THE DATE OF THIS AGREEMENT, AND (B) ANY INDIVIDUAL WHO BECOMES A MEMBER OF THE BOARD OF DIRECTORS AFTER THE DATE OF THIS AGREEMENT IF SUCH INDIVIDUAL WAS APPOINTED OR NOMINATED FOR ELECTION TO THE BOARD OF DIRECTORS BY A MAJORITY OF THE CONTINUING DIRECTORS.
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Found in
GENUS INC contract