Non-Employee Director definition

Non-Employee Director means a Director who either (i) is not a current employee or officer of the Company or an Affiliate, does not receive compensation, either directly or indirectly, from the Company or an Affiliate for services rendered as a consultant or in any capacity other than as a Director (except for an amount as to which disclosure would not be required under Item 404(a) of Regulation S-K promulgated pursuant to the Securities Act (“Regulation S-K”)), does not possess an interest in any other transaction for which disclosure would be required under Item 404(a) of Regulation S-K, and is not engaged in a business relationship for which disclosure would be required pursuant to Item 404(b) of Regulation S-K; or (ii) is otherwise considered a “non-employee director” for purposes of Rule 16b-3.

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Non-Employee Director means a member of the Board who is not an Employee.

Non-Employee Director means a Director who is not an Employee.

Examples of Non-Employee Director in a sentence

Executive shall receive cash fees consistent with the Board Chair fee set forth in the Company’s Non-Employee Director Compensation Program, as may be amended from time to time, which is currently $110,000 per calendar year (the “Cash Fee”) during his service as Chairman.
Subject to Board approval, Executive will be granted annual equity awards consistent with the terms of the “Annual Awards” set forth in the Company’s Non-Employee Director Compensation Program, as may be amended from time to time.
In the event that Executive is not serving as Chairman but Executive remains a member of the Board, Executive shall be paid the customary fee paid to Board members pursuant to the Company’s Non-Employee Director Compensation Program, as may be amended from time to time.

More Definitions of Non-Employee Director

Non-Employee Director means a member of the Board who is not also an employee of the Company or any Subsidiary.

Non-Employee Director means a Director of the Company who is not an Employee.

Non-Employee Director means a member of the Board who qualifies as a “Non-Employee Director” as defined in Rule 16b-3(b)(3) of the Exchange Act, or any successor definition adopted by the Board.

Non-Employee Director means a Director who is a “non-employee director” within the meaning of Rule 16b-3.

Non-Employee Director means a member of the Board who is not an employee of the Company or any Affiliate.

Non-Employee Director means a member of the Board who is not an employee of any member of the Company Group.

Non-Employee Director means a Director who is not an Employee of the Company or any Parent or Subsidiary.