Common use of Definition of Insider Clause in Contracts

Definition of Insider. While the definition of an Insider differs in the various jurisdictions, the definition of an Insider includes: • The Board of Directors and Officers, e.g. (CEO and Vice Presidents) of Norsat. • All employees of Norsat. • Anyone who engages in any business or professional activity with Norsat. • Any director, officer, or employee of such person or company. • “Tippees”, i.e., people who receive confidential information from Insiders or other “tippees”.

Definition of Insider. While the definition of an Insider differs in the various jurisdictions, the definition of an Insider includes: • The Board of Directors and Officers, e.g. (CEO and Vice Presidents) of Norsat. • All employees of Norsat. • Anyone who engages in any business or professional activity with Norsat. • Any director, officer, or employee of such person or company. • “Tippees”, i.e., people who receive confidential information from Insiders or other “tippees”.