Continuing Director

Continuing Director. An individual (i) who served on the Board of Directors of the Company at the effective date of the closing of the business combination as contemplated in the Company's filing of Schedule 14A; or (ii) whose election or nomination for election by the Company's shareholders was approved in accordance with the Articles of the Company.

Continuing Director. Shall mean, as of any date of determination, any member of the Board who (a) was a member of the Board on the Effective Date or (b) becomes a member of the Board subsequent to the Effective Date and was appointed, nominated for election or elected to the Board with the approval of a majority of the Continuing Directors who were members of the Board at the time of such appointment, nomination or election, provided that a director whose 122942834_1 initial assumption of office is in connection... with an actual or threatened election contest will not be considered a Continuing Director unless and until (i) such director has served on the Board for at least two years and (ii) the most recent reelection of such director has been approved by a majority of the Continuing Directors in office at the time of such approval. View More

Continuing Director. Any individual who is a member of the Board on the effective date of the Plan and any individual who subsequently becomes a member of the Board whose (i) election or nomination for election by the Company's stockholders was approved by a vote of at least a majority of the Continuing Directors, or (ii) appointment is permitted under the Company's Certificate of Incorporation and Bylaws

Continuing Director. Means any person who is a member of the Board who, while such a person is a member of the Board, is not an Acquiring Person or an Affiliate or Associate of an Acquiring Person, or a representative of an Acquiring Person or of any such Affiliate or Associate, and who (i) was a member of the Board on the date of these Terms and Conditions or (B) subsequently becomes a member of the Board with the approval of at least one-half (1/2) of the directors then in office (but excluding for this purpose... any such individual whose initial assumption of office occurs as a result of either an actual or threatened election contest or other actual or threatened solicitation of proxies or consents by or on behalf of a Person). View More