Qualified Director

Qualified Director. An individual who (i) qualifies as independent of the Company under all applicable listing standards, applicable rules of the SEC and publicly disclosed standards used by the Board in determining the independence of the Company's directors, (ii) is not an employee, officer, director, principal, general partner, manager or other agent of HoldCo or of any Affiliate of HoldCo, (iii) is not a limited partner, member or other investor in HoldCo or any Affiliate or Associate of HoldCo, (iv) does not... have any agreement, arrangement or understanding, written or oral, with HoldCo or any Affiliate of HoldCo regarding such person's service as a director on the Board and (v) meets all other qualifications required for service as a director set forth in the Bylaws and the Company's Corporate Governance Policy View More

Qualified Director. An individual who at such time (i) qualifies as Independent, (ii) does not have any agreement, arrangement or understanding, written or oral, with any Sonic Party or any Affiliate or Associate of a Sonic Party regarding such person's service as a director on the Board other than indemnification arrangements permitted by this Agreement, (iii) is not an officer or director of any company pursuing a treatment for any of the indications being pursued by the Company at such time, and (iv) meets all... other qualifications required for service as a director set forth in the forms of the Bylaws and the Company's Corporate Governance Guidelines on the date of this Agreement View More