Inside Director definition

Inside Director means a Director who is an Employee.

Inside Director means a Director who is also an Employee and also a member of the Board of Directors of the Bank.

Inside Director means a Director who is also an Employee.

Examples of Inside Director in a sentence

• Candidates for the Inside Directors are recommended to shareholders by the board of directors after the board reviews such candidates’ qualifications; candidates for the Outside Directors are recommended to the shareholders by a separate board committee consisted of three Outside Directors and one Inside Director (the “Director Candidate Recommendation Committee”) after the committee reviews such candidates’ qualifications.

• If an individual was an Inside Director, becoming an Outside Director due to termination of the individual’s status as an Employee will not entitle the Outside Director to an Initial Award.

• Any director who is not an Inside Director would for the purpose of these Bylaws constitute an "Outside Director." For the purpose of this Section "Company" shall also include any subsidiary of the Company.

• For the purposes of these Bylaws an "Inside Director" is a director who is an employee of the Company, an officer of the Company, a person who has in the past served as an officer of the Company or any person whose relationship to the Company other than as a director gives him access on a regular basis to material information about the Company that is not generally available.

• During the period that the Security Agreement is in force, the Inside Director may not serve as Chairman of the Board.

More Definitions of Inside Director

Inside Director means a member of the Board of Directors of Holdings that is also an employee of or a member of management of any Credit Party.

Inside Director means a Director of the Company, the Bank or any other member of the Controlled Group who is an employee of the Company, the Bank or any other member of the Controlled Group and is also an Eligible Employee.

Inside Director means a Director who is an Employee. The term Inside Director shall include the founders, Mike Farmwald and Mark Horowitz.

Inside Director means a member of the Company Board who is not an Officer Director, an Outside Director as those terms are defined herein, or otherwise appointed to the Company Board by the U.S. Owners; provided that any Corporate director who is also a significant shareholder, director, officer, employee, agent or representative of any Affiliate, as that term is defined herein, is deemed to be an Inside Director;

Inside Director means any individual who is also an officer or employee of the Corporation or any of its affiliates.

Inside Director means a director who is a member of management;

Inside Director means any Director who is not an Outside Director.