Director or employee definition

Director or employee means every employee of the Company (inclusive of all Operating Units).
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Director or employee means (i) any employee of the Company and/or of any of its subsidiaries or affiliated companies, (ii) any individual or entity who dedicates a substantial portion of his, her or its activities to the Company and/or any of its subsidiaries or affiliated companies as a consultant or independent contractor, and who by virtue of his, her or its activities is likely to be in possession of Inside Information and/or (iii) any Person Discharging Managerial Responsibilities and/or (iv) any Closely Associated Person of any person referred to in (i), (ii) or (iii) above.
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Director or employee. The terms "director" or "employee" shall mean each person in the appropriate unit employed by the School Board in any of the following positions: Director of Business Services; Director of Administration and Human Resources; Director of Teaching and Learning; Director of Special Education; and Director of Community Education.
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Examples of Director or employee in a sentence

  • To the fullest extent permitted by applicable law, none of the Company’s Officers, Directors or employees will be liable to the Company or to any Member for any act or omission performed or omitted by any such person (including any acts or omissions of or by another Officer, Director or employee), in the absence of willful misfeasance, bad faith, gross negligence or reckless disregard of the duties involved in the conduct of his or her office.

  • No liability shall be imposed on the Company or any other person for making allocations and distributions in accordance with the provisions of this Section 3.4, whether or not the Company or any Member, Director or employee has knowledge of any Transfer of ownership of any Units.

  • No current or former District Director or employee will be responsible for any act or omission by another District Director or employee.

  • The Board and every Director or employee of the District shall be limited in the making of expenditures or the incurring of liabilities to the amount of appropriations allowed by the work program and budget as adopted by the Board or thereafter revised by said Board.

  • In case of the absence of any officer of the Corporation, or for any reason that the Board of Directors may consider sufficient, the Board of Directors may transfer the powers or duties of that officer to any other officer or to any Director or employee of the Corporation, provided a majority of the full Board of Directors concurs.

  • To the fullest extent permitted by applicable law, none of the Fund’s Officers, Directors or employees will be liable to the Fund or to any Member for any act or omission performed or omitted by any such person (including any acts or omissions of or by another Officer, Director or employee), in the absence of willful misfeasance, bad faith, gross negligence or reckless disregard of the duties involved in the conduct of his or her office.

  • Representative agrees not to hold himself out as Officer, Director or employee of FUTURES INVESTMENT.

  • If the Optionee ceases to be a Director or employee by reason of death, any Stock Option granted to the Optionee as a Director and held by the Optionee at the date of death may be exercised by his or her legal representative or legatee for a period of twelve months from the date of death or until the Expiration Date, if earlier.

  • Any Director or employee of the Company or of any Affiliate (including any corporation that becomes an Affiliate after the adoption of this Plan) who, in the judgment of the Board, has contributed significantly or can be expected to contribute significantly to the profits or growth of the Company or an Affiliate may receive one or more Options.

  • Any FPS employee who falls into the category of Principal, Director, or employee of the Framingham Administrator Association and determines the Educator’s performance ratings and evaluation.