Non-Management Director definition

Non-Management Director means any Person selected in accordance with Article IV of this Agreement who is not a Management Director.

Non-Management Director means a director who, in the applicable calendar year, was not compensated, directly or indirectly, by the Company, any Subsidiary or any of their Affiliates, other than compensation for service as a director or as a member of any committee of the Board.

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

Examples of Non-Management Director in a sentence

• Non-Management Director Compensation for Fiscal Year Ended December 29, 2018 (1) The Chairperson of the Audit Committee received an additional annual fee of $6,000 and each other member of the Audit Committee received an additional annual fee of $6,000.

• Non-Management Director Executive SessionsIn accordance with New York Stock Exchange listing standards, our non-management directors meet regularly in executive sessions without management.

• The Board shall engage in an annual evaluation of the form and amount of Non-Management Director compensation.

• Because time demands from board to board and capacities of individual Directors vary, the Company does not endorse a specific limitation on the number of directorships a Non-Management Director may hold.

• NAV of growth option is considered for computation of returns without considering load.

More Definitions of Non-Management Director

Non-Management Director means a member of the Board who is not an employee of the Company or any of its subsidiaries.

Non-Management Director means any Person selected in accordance with Article JV of this Agreement who is not a Management Director.

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

Non-Management Director means a member of the Board, or a member of the board of directors of a Subsidiary, who is not a member of management of the Company.

Non-Management Director means a director of the Corporation who is not an officer or employee of the Corporation or a Baytex Affiliate;

Non-Management Director means a member of the Board who is not an officer or an employee of the Company, or a subsidiary or affiliate of the Company.

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