Status of Director. (a) The Director will be an independent contractor with respect to the services to be rendered to the Company hereunder. The Director will not be considered an employee of the Company for any purpose, and will not be eligible to participate in any of the employee benefit and/or welfare plans maintained by the Company, its subsidiaries or its affiliates.
Appears in 5 contracts
Samples: Director Compensation Agreement (Puraverde Inc.), Director Compensation Agreement (Puraverde Inc.), Director Compensation Agreement (Puraverde Inc.)