Independent Definitions from Business Contracts | Business Dictionary

Independent. When referring to either the Board or members of the Committee, shall have the same meaning as used in the rules of the Listing Market or any national securities exchange on which any securities of the Company are listed for trading, and if not listed for trading or otherwise quoted on the over-the-counter market, by the rules of the NASDAQ Stock Market. Where there are no Independent members of the Board or of a Committee, then the requirement of Independent person will be dispensed with only... so long as necessary View More

Found in MDB Capital Holdings, LLC contract

Independent. That such person (i) shall not (A) be an employee, officer, director, general partner, manager, advisor or other agent of an Elliott Party or of any Affiliate of an Elliott Party, (B) be a limited partner, member, or other investor in any Elliott Party or any Affiliate of an Elliott Party, or (C) have any agreement, arrangement, or understanding, written or oral, with any Elliott Party or any Affiliate of an Elliott Party regarding such person's service as a director of the Company, and (ii)... shall qualify as an "independent" director of the Company under the Company's Director Independence Standards (as interpreted and determined by the Board), applicable law and the rules and regulations of the SEC and the Nasdaq Global Select Market; View More

Found in Principal Financial Group contract

Independent. When referring to either the Board or members of the Committee, shall have the same meaning as used in the rules of the Listing Market or, if the Listing Market does not have such rules, the rules of The NASDAQ Stock Market, LLC.

Found in INVIVO THERAPEUTICS HOLDINGS CORP. contract

Independent. That such person qualifies as independent of the Company under all applicable listing standards, and applicable rules of the SEC

Found in Adverum Biotechnologies, Inc. contract

Independent. Or "Independence" means, with respect to a Director who is a Committee member, the independence requirements applicable to a Committee member under the rules and regulations of the U.S. Securities and Exchange Commission and the national securities exchange or national interdealer quotation system on which the Common Stock is then listed or quoted.

Found in Riverview Financial Corp contract