Continuing Director
Continuing Director. The term "Continuing Director" means (i) any member of the Board of Directors of the Company (the "Board") who was a member of such Board on August 15, 1996, (ii) any successor of a Continuing Director who is recommended to succeed a Continuing Director by a majority of the Continuing Directors then on the Board, and (iii) any appointee who is recommended by a majority of the Continuing Directors then on the Board.
Found in
Belden Inc contract
Continuing Director. Any Director who either (i) was a Director on the Effective Date, or (ii) becomes a Director after the Effective Date and: (A) whose appointment or election was duly approved by the vote of a majority of the Continuing Directors who were Directors at the time of the appointment or election; or (B) whose nomination for election by the Company's stockholders was included in the Company's proxy statement in which such individual was named as one of the Company's Director nominees where such proxy...
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Found in
National Interstate CORP contract
Continuing Director. An individual (A) who is, as of the effective date of the Plan, a director of the Company, or (B) who becomes a director of the Company after the effective date hereof and whose initial appointment, or nomination for election by the Company's shareholders, was approved by at least a majority of the then Continuing Directors; provided, however, that any individual whose initial assumption of office occurs as a result of either an actual or threatened contested election by any Person (other than...
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Found in
Target contract
Continuing Director. Shall mean, with respect to any period, any individuals (A) who were members of the board of directors or other equivalent governing body of the Borrower on the first day of such period, (B) whose election or nomination to that board or equivalent governing body was approved by individuals referred to in clause (A) above constituting at the time of such election or nomination at least a majority of that board or equivalent governing body, or (C) whose election or nomination to that board or...
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Found in
BioScrip, Inc. contract
Continuing Director. Shall mean, as of any date of determination, any member of the Board of Directors who (i) was a member of the Board of Directors on July 31, 2012 or (ii) was nominated for election or elected to the Board of Directors with the approval of a majority of the Continuing Directors who were members of the Board of Directors at the time of such nomination or election and who voted with respect to such nomination or election; provided that a majority of the members of the Board of Directors voting...
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Found in
AMYRIS, INC. contract
Continuing Director. Means, at any date, an individual (a) who is a member of the board of directors of the Borrower on the Closing Date, (b) who, as at such date, has been a member of such board of directors for at least the 12 preceding months, or (c) who has been nominated to be a member of such board of directors by a majority of the other Continuing Directors then in office.
Found in
COSTAR GROUP INC contract
Continuing Director. Either: (i) an individual who is a member of the Board on the date of the relevant Award Agreement; or (ii) an individual who becomes a member of the Board, subsequent to the date of the relevant Award Agreement, with the agreement of at least a majority of the Continuing Directors who are members of the Board on the date that the individual became a member of the Board.
Continuing Director. Means (i) any individual who is a member of the Board of Directors of the Company on the Issuance Date and (ii) any individual who is appointed to the Board of Directors of the Company or nominated for election to the Board of Directors of the Company by other Continuing Directors or by the holders of the Company's outstanding Series A Preferred Stock in accordance with the terms of the Certificate of Designations for the Series A Preferred Stock
Found in
FALCONSTOR SOFTWARE INC contract
Continuing Director. The meaning set forth in the definition of Change in Control
Found in
Blue Apron Holdings, Inc. contract
Continuing Director. The meaning set forth in the definition of "Change in Control" above.
All Definitions
Found in
W R GRACE & CO contract