Service as Director Contract Clauses (34)

Grouped Into 3 Collections of Similar Clauses From Business Contracts

This page contains Service as Director clauses in business contracts and legal agreements. We have organized these clauses into groups of similarly worded clauses.
Service as Director. Director will serve as a director of the Company and perform all duties as a director of the Company, including without limitation (a) attending meetings of the Board, (b) serving on one or more committees of the Board (each a "Committee") and attending meetings of each Committee of which Director is a member, and (c) using reasonable efforts to promote the business of the Company. The Company currently intends to hold at least one regular meeting of the Board and each Committee each quarter, to...gether with additional meetings of the Board and Committees as may be required by the business and affairs of the Company. In fulfilling his responsibilities as a director of the Company, Director agrees that he will act in good faith, with the care an ordinarily prudent person in a like position would exercise under similar circumstances, and in a manner he reasonably believes to be in the best interests of the Company. Director agrees to abide by the policies and procedures of the Company, including the Company's insider trading policy. View More
Found in NET 1 UEPS TECHNOLOGIES INC contract
View All 5 Similar Clauses
Service as Director. Director will serve as a director of the Company and perform all duties as a director of the Company, including without limitation (a) attending meetings of the Board, (b) serving on one or more committees of the Board (each a "Committee") and attending meetings of each Committee of which Director is a member, and (c) using reasonable efforts to promote the business of the Company. The Company currently intends to hold at least one in-person regular meeting of the Board and each Committee each q...uarter, together with additional meetings of the Board and Committees as may be required by the business and affairs of the Company. In fulfilling his responsibilities as a director of the Company, Director agrees that he will shall act honestly and in good faith, faith with the care an ordinarily prudent person in a like position would exercise under similar circumstances, and in a manner he reasonably believes view to be in the best interests of the Company. Director agrees to abide by Company and exercise the policies care, diligence and procedures of the Company, including the Company's insider trading policy. skill that a reasonably prudent person would exercise in comparable circumstances. View More
Found in theMaven, Inc. contract
Service as Director. Director will serve as a director of the Company and perform all duties as a director of the Company, including without limitation (a) attending meetings of the Board, (b) serving on one or more committees of the Board (each a "Committee") and attending meetings of each Committee of which Director is a member, and (c) using reasonable efforts to promote the business of the Company. The Company currently intends to hold at least one in-person regular meeting of the Board and each Committee each q...uarter, together with additional meetings of the Board and Committees as may be required by the business and affairs of the Company. In fulfilling his responsibilities as a director of the Company, Director agrees that he will shall act honestly and in good faith, faith with the care an ordinarily prudent person in a like position would exercise under similar circumstances, and in a manner he reasonably believes view to be in the best interests of the Company. Director agrees to abide by Company and exercise the policies care, diligence and procedures of the Company, including the Company's insider trading policy. skill that a reasonably prudent person would exercise in comparable circumstances. View More
Found in Chee Corp. contract
Service as Director. Director will serve as a director of the Company in accordance with the Company's charter and by-laws, as each may be amended, and perform all duties as a director of the Company, including without limitation (a) attending meetings of the Board, (b) serving on one or more committees of the Board (each a "Committee") and attending meetings of each Committee of which Director is a member, and (c) using reasonable efforts to promote the business of the Company. The Company currently intends to hold... at least one regular meeting of the Board and each Committee each quarter, together with additional meetings of the Board and Committees as may be required by the business and affairs of the Company. In fulfilling his responsibilities as a director of the Company, Director agrees that he will shall act (i) honestly and in good faith, with the care an ordinarily prudent person in a like position would exercise under similar circumstances, and (ii) in a manner he reasonably believes to be in the best interests of the Company. Director agrees to abide by Company, and (iii) with the policies and procedures of the Company, including the Company's insider trading policy. care that an ordinarily prudent person in a like position would use under similar circumstances. View More
Found in Medalist Diversified REIT, Inc. contract
View Variations (5)
Service as Director. As of the Effective Date, Executive is serving as a member of the Company's Board of Directors. For as long as Executive shall continue to serve as Chief Executive Officer, he shall stand for re-election to such position at each annual meeting of the Company's stockholders. Executive's failure to be re-elected to the Board, in and of itself, shall not constitute a termination of this Agreement (and shall not constitute a Termination for Cause or a resignation by Executive for Good Reason, each a...s defined in this Agreement), nor shall it entitle Executive to any severance benefits. Pursuant to the Company's policies, for the duration of this Agreement, Executive will fulfill his duties as a director without additional compensation. This Agreement shall not in any way be construed or interpreted so as to affect adversely or otherwise impair the right of the Company or the stockholders to remove the Executive from the Board at any time in accordance with the provisions of applicable law. View More
Found in Optex Systems Holdings Inc contract
View All 4 Similar Clauses
Service as Director. As of the Effective Date, Executive is serving as a member of the shall continue to serve on Company's Board of Directors. For as long as Executive shall continue to serve as President and Chief Executive Officer, he shall stand for re-election to such position at each annual meeting of the Company's stockholders. Executive's failure to be re-elected to the Board, in and of itself, shall not constitute a termination of this Agreement (and shall not constitute a Termination for Cause or a resigna...tion by Executive for Good Reason, each as defined in this Agreement), nor shall it entitle Executive to any severance benefits. Pursuant to the Company's policies, for the duration of this Agreement, Executive will fulfill his duties as a director without additional compensation. This Agreement shall not in any way be construed or interpreted so as to affect adversely or otherwise impair the right of the Company or the stockholders to remove the Executive from the Board at any time in accordance with the provisions of applicable law. 3 3. Term. The term of this Agreement shall run for a period from the Effective Date through September 30, 2019 (such period, the "Term"), and may be terminated earlier as contemplated by Section 8.A. Termination of this Agreement due to its non-renewal shall not constitute a Termination for Cause or a resignation by Executive for Good Reason. View More
Found in Command Center, Inc. contract
Service as Director. As of the Effective Date, Executive is serving as a member of the Company's Board of Directors. For as long as Executive shall continue to serve as Chief Executive Officer, he shall make himself available to stand for re-election to such position at each annual meeting of the Company's stockholders. Executive's failure to be re-elected to the Board, in and of itself, shall not constitute a termination of this Agreement (and shall not constitute a Termination for Cause or a resignation by Executi...ve for Good Reason, each as defined in this Agreement), nor shall it entitle Executive to any severance benefits. Pursuant to the Company's policies, policies and practices, for the duration of this Agreement, Executive will fulfill his duties as a director without additional compensation. This Agreement shall not in any way be construed or interpreted so as to affect adversely or otherwise impair the right of the Company or the stockholders to remove the Executive from the Board at any time in accordance with the provisions of applicable law. 2 3. Term. The term of this Agreement shall run from the Effective Date through November 30, 2025 (such period, the "Term"), and may be terminated earlier as contemplated by Section 8.A. Termination of this Agreement due to its non-renewal shall not constitute a Termination for Cause or a resignation by Executive for Good Reason. View More
Found in Optex Systems Holdings Inc contract
Service as Director. As of the Effective Date, Executive is serving as a member of the Company's Board of Directors. Board. For as long as Executive shall continue to serve as Chief Executive Officer, a member of the Board, he shall stand for re-election to such position at each annual meeting of the Company's stockholders. Executive's failure to be re-elected to the Board, in and of itself, shall not constitute a termination of this Agreement (and shall not constitute a Termination for Cause or a resignation by Exe...cutive for Good Reason, each as defined in this Agreement), nor shall it entitle Executive to any severance benefits. Pursuant to the Company's policies, for the duration of this Agreement, Executive will fulfill his duties as a director without additional compensation. This Agreement shall not in any way be construed or interpreted so as to affect adversely or otherwise impair the right of the Company or the stockholders to remove the Executive from the Board at any time in accordance with the provisions of applicable law. 3 3. Term. The term of this Agreement shall run for a period of from the Effective Date through November 20, 2018 (such period, the "Initial Term"), and may be terminated earlier as contemplated by Section 8.A. Following the expiration of the Initial Term, this Agreement shall renew for successive, additional one-year terms (any subsequent extension period being an "Extension Term", and the period in which this Agreement is in effect being the "Term") unless the Board or Executive provides notice of intent not to renew this Agreement at least thirty days' prior to the expiration of the Initial Term or any Extension Term. Termination of this Agreement due to its non-renewal shall not constitute a Termination for Cause or a resignation by Executive for Good Reason. View More
Found in CROSSROADS SYSTEMS INC contract
View Variations (4)
Service as Director. As of the Effective Date, the Board will appoint Employee as a member of the Board. Employee's failure to be re-elected to the Board, in and of itself, shall not constitute a termination of this Agreement, nor shall it entitle Employee to any severance benefits. Pursuant to the Company's policies, for the duration of this Agreement, Employee will fulfill his duties as a director to the Company and as an officer or director to the any affiliate thereof without additional compensation. This Agreem...ent shall not in any way be construed or interpreted so as to affect adversely or otherwise impair the right of the Company or the stockholders to remove the Employee from the Board at any time in accordance with the provisions of applicable law. View More
Found in InfuSystem Holdings, Inc contract
Service as Director. As of the Effective Date, the Board will appoint Employee is serving as a member of the Board. For as long as Employee shall continue to serve as a member of the Board, he shall stand for re-election to such position at each annual meeting of the Company's stockholders. Employee's failure to be re-elected to the Board, in and of itself, shall not constitute a termination of this Agreement, nor shall it entitle Employee to any severance benefits. Pursuant to the Company's policies, for the durati...on of this Agreement, Employee will fulfill his duties as a director to the Company and as an officer or director to the any affiliate thereof without additional compensation. This Agreement shall not in any way be construed or interpreted so as to affect adversely or otherwise impair the right of the Company or the stockholders to remove the Employee from the Board at any time in accordance with the provisions of applicable law. View More
Found in InfuSystem Holdings, Inc contract
Service as Director. As of the Effective Date, the Board will appoint Employee is serving as a member of the Board. For as long as Employee shall continue to serve as a member of the Board, he shall stand for re-election to such position at each annual meeting of the Company's stockholders. Employee's failure to be re-elected to the Board, in and of itself, shall not constitute a termination of this Agreement, nor shall it entitle Employee to any severance benefits. Pursuant to the Company's policies, for the durati...on of this Agreement, Employee will fulfill his duties as a director to the Company and as an officer or director to the any affiliate thereof without additional compensation. This Agreement shall not in any way be construed or interpreted so as to affect adversely or otherwise impair the right of the Company or the stockholders to remove the Employee from the Board at any time in accordance with the provisions of applicable law. 4. Term. The term of this Agreement shall run for a period of from the Effective Date through January 31, 2014 (such period, the "Initial Term"), and may be terminated earlier as contemplated by Section 9A. Thereafter, this Agreement shall renew for successive one-month terms (each, a "Term") unless the Board or Employee provides thirty days' advance notice of an intent not to renew this Agreement. View More
Found in CROSSROADS SYSTEMS INC contract
View Variations (2)