Nonemployee Director definition

Nonemployee Director means a Director who is not an Employee.
Nonemployee Director means a director of the Company who is a "nonemployee director" within the meaning of Rule 16b-3 promulgated under the Exchange Act.
Nonemployee Director means each person who is, or is elected to be, a member of the Board and who is not an employee of the Company or any Subsidiary.

Examples of Nonemployee Director in a sentence

  • Subject to the requirements and limitations of Section 409A, if applicable, including as provided by Section 15.4(f), in the event of a Change in Control, each outstanding Nonemployee Director Award shall become immediately exercisable and vested in full and, except to the extent assumed, continued or substituted for pursuant to Section 13.1(b), shall be settled effective immediately prior to the time of consummation of the Change in Control.

  • No Person who is not a Nonemployee Director shall be eligible to receive an Award.

  • The Low and High estimates provide the least beneficial and most beneficial net impact, the 180° camera with mirror and dash displays respectively.

  • The terms and conditions of any grant to any such Nonemployee Director shall be set forth in an Award Agreement.

  • The terms and conditions of each Nonemployee Director Award shall comply with the applicable provisions of the Plan.


More Definitions of Nonemployee Director

Nonemployee Director means a member of the Board of Directors who is not an employee of the Company.
Nonemployee Director means a member of the Board who is not an Employee.
Nonemployee Director means a Director who is an employee of neither the Company nor of any Affiliate.
Nonemployee Director means an individual who is a member of the Board of Directors of the Company but who is not an Employee of the Company.
Nonemployee Director means a Director who is not an employee of the Company.
Nonemployee Director means a Director who is not employed by the Company or an Affiliate.
Nonemployee Director means an individual who is a member of the Board and who is not an employee of the Company or any Subsidiary.