Continuing Directors Definition Example

This example Continuing Directors definition appears in 4 contracts from 4 companies

Continuing Directors. Means members of the Board who either (i) have been Board members continuously for a period of at least twelve (12) months or (ii) have been Board members for less than twelve (12) months and were elected or nominated for election as Board members by at least a majority of the Board members described in clause (i) who were still in office at the time such election or nomination was approved by the Board. 2
Passave, Inc. Contracts

(Filed With SEC on August 25, 2005)

CATCHER HOLDINGS, INC Contracts

(Filed With SEC on October 27, 2005)

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