Service on Boards of Directors Sample Clauses

The 'Service on Boards of Directors' clause defines the terms under which an individual may serve as a member of a company's board of directors. It typically outlines eligibility requirements, expectations for participation, and any limitations or obligations related to board service, such as conflicts of interest or time commitments. This clause ensures that both the company and the individual understand the scope and responsibilities of board membership, helping to prevent misunderstandings and maintain effective corporate governance.
Service on Boards of Directors. While serving as a director of the Employer, Employee shall receive the standard fee for attendance of meetings of the Board of Directors of the Employer.
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Service on Boards of Directors. In addition to the consulting services provided herein, if elected, ▇▇▇▇▇▇▇ shall serve as the Vice Chairman and as a member of the Board of Directors of EFSC, on the Board of Enterprise Trust Company as its Chairman of the Board, as a member of the Board of Directors of Enterprise Bank & Trust Company of Arizona ("EBTA") the contemplated subsidiary Bank doing business in the State of Arizona and as a member of the Board of Directors of those other subsidiaries to which Consultant is elected. In addition to the Retainer set forth above, Consultant shall be entitled to receive Board of Directors fees in the same amount as other non-employee members of those respective Boards.
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Service on Boards of Directors. During the Term of this Agreement, the Executive will, subject to the mutual agreement of the Executive and of the Board, serve as an officer or director of subsidiaries of the Company or as a director of companies in which the Company has significant equity investments.
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Service on Boards of Directors. While serving as a director of the Employer, Employee shall receive the standard fee for attendance of meetings of the Board of Directors of the Employer. During the term of this Agreement, Employer agrees to use its best efforts to have Employee elected as a member of the Board of Directors of each bank subsidiary of the Employer, including but not limited to the Bank and upon its acquisition by the Employer, Dayton State Bank. Employee shall be entitled to receive the standard fee for attendance at meetings of the Boards of Directors of each bank subsidiary of the Employer.
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Related to Service on Boards of Directors

  • Senior Management and Boards of Directors 1. Neither Party may require that an enterprise of that Party, that is a covered investment, appoint to senior management positions natural persons of any particular nationality. 2. A Party may require that a majority of the board of directors, or any committee thereof, of an enterprise of that Party that is a covered investment, be of a particular nationality, or resident in the territory of the Party, provided that the requirement does not materially impair the ability of the investor to exercise control over its investment.

  • Parent Board of Directors The Board of Directors of Parent will take all actions necessary such that two members of Company's Board of Directors reasonably acceptable to Parent, at least one of whom is an independent director of the Company's Board of Directors, shall be appointed to Parent's Board of Directors as of the Effective Time with a term expiring at the next annual meeting of Parent's stockholders.

  • Committees of Directors (i) The Board may, by resolution passed by a majority of the whole Board, designate one or more committees, each committee to consist of one or more of the Directors of the Company. The Board may designate one or more Directors as alternate members of any committee, who may replace any absent or disqualified member at any meeting of the committee. (ii) In the absence or disqualification of a member of a committee, the member or members thereof present at any meeting and not disqualified from voting, whether or not such members constitute a quorum, may unanimously appoint another member of the Board to act at the meeting in the place of any such absent or disqualified member. (iii) Any such committee, to the extent provided in the resolution of the Board, and subject to, in all cases, Sections 9(j) and 10, shall have and may exercise all the powers and authority of the Board in the management of the business and affairs of the Company. Such committee or committees shall have such name or names as may be determined from time to time by resolution adopted by the Board. Each committee shall keep regular minutes of its meetings and report the same to the Board when required.

  • Board of Directors The Board of Directors of the Company is comprised of the persons set forth under the heading of the Pricing Prospectus and the Prospectus captioned “Management.” The qualifications of the persons serving as board members and the overall composition of the board comply with the Exchange Act, the Exchange Act Regulations, the ▇▇▇▇▇▇▇▇-▇▇▇▇▇ Act of 2002 and the rules promulgated thereunder (the “▇▇▇▇▇▇▇▇-▇▇▇▇▇ Act”) applicable to the Company and the listing rules of the Exchange. At least one member of the Audit Committee of the Board of Directors of the Company qualifies as an “audit committee financial expert,” as such term is defined under Regulation S-K and the listing rules of the Exchange. In addition, at least a majority of the persons serving on the Board of Directors qualify as “independent,” as defined under the listing rules of the Exchange.

  • Board of Directors and Officers At the Effective Time, the ------------------------------- directors and officers of Merger Sub immediately prior to the Effective Time shall be the directors and officers, respectively, of the Surviving Corporation following the Merger, and such directors and officers shall hold office in accordance with the Surviving Corporation's By-Laws and applicable law.