Incumbent Directors Definition Example with 4 Variations

This page contains an example definition of Incumbent Directors, followed by definitions with minor variations. You can view the differences between the example and variations by selecting the "Show Differences" option.
Incumbent Directors. Directors who either (A) are directors of the Company as of the date hereof, or (B) are elected, or nominated for election, to the Board with the affirmative votes of at least a majority of the Incumbent Directors at the time of such election or nomination (but shall not include an individual whose election or nomination is in connection with an actual or threatened proxy contest relating to the election of directors to the Company)
Found in SCIQUEST INC contract

Variations

Incumbent Directors. means Directors who either are (A) are directors of the Company as of the date hereof, the Plan is approved by the Company's stockholders, or (B) are elected, or nominated for election, to the Board with the affirmative votes of at least a majority of the Incumbent Directors (or majority of the Incumbent Directors serving as members of any nominating or similar committee of the Board) at the time of such election or nomination (but shall not include an individual whose election or nomination is... in connection with an actual or threatened proxy contest relating to the election of directors to the Company) Directors). View More
Found in Gartner Inc contract
Incumbent Directors. Directors who either (A) (i) are directors of the Company Directors as of the date hereof, or (B) (ii) are elected, or nominated for election, to the Board with the affirmative votes of at least a majority of the Incumbent Directors at the time of such election or nomination (but shall not include an individual whose election or nomination is in connection with an actual or threatened proxy contest relating to the election of directors to the Company)
Found in Verisign Inc. contract
Incumbent Directors. Directors directors who either (A) (i) are directors of the Company Directors as of the effective date hereof, of the Plan, or (B) (ii) are elected, or nominated for election, to the Board with the affirmative votes of at least a majority of the Incumbent Directors at the time of such election or nomination (but shall will not include an individual whose election or nomination is in connection with an actual or threatened proxy contest relating to the election of directors to the Company)
Found in FUELCELL ENERGY INC contract
Incumbent Directors. Directors For purposes of this Agreement, "Incumbent Directors" means directors who either (A) (i) are directors members of the Company Board as of the date hereof, or (B) (ii) are elected, or nominated for election, to the Board with the affirmative votes of at least a majority of the Incumbent Directors at the time of such election or nomination (but shall not include an individual whose election or nomination is in connection with an actual accrual or threatened proxy contest relating to the... election of directors to the Company) Company). View More
Found in Sunshine Silver Mining & Refining Corp contract
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