Disinterested Persons definition

Disinterested Persons means the non-employee directors of the Company within the meaning of Rule 16b-3 as promulgated under the Exchange Act.

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Disinterested Persons means a member of the Board of Directors who is considered a disinterested person within the meaning of Exchange Act Rule 16b-3 or any successor definition.

Disinterested Persons means an administrator of the Plan who is not at the time he or she exercises discretion in administering the Plan eligible, has not at any time within one year prior thereto been eligible, and for one year after so serving will not be eligible, for selection as a person to whom stock may be allocated or to whom stock options may be granted pursuant to the Plan or any other plan of the Company entitling the participants therein to acquire stock or stock options of the Company.

Examples of Disinterested Persons in a sentence

• The Dispute Resolution Team of each party shall consist of that party’s then existing Committee of Disinterested Persons together with that party’s Executive Committee.

• All members of the Committee shall be non-employee directors who a "Disinterested Persons" with regard to Plan administration, within the meaning of Rule 16b-3 as promulgated and amended from time to time by the United States Securities and Exchange Commission.

• The Dispute Resolution Team of each party shall consist of that party's then existing Committee of Disinterested Persons together with that party's Executive Committee.

• Members of the Committee who are not Disinterested Persons may vote on any matters affecting the administration of the Plan or the grant of Options pursuant to the Plan, except that no such member shall act upon the granting of an Option to himself (but any such member may be counted in determining the existence of a quorum at any meeting of the Committee during which action is taken with respect to the granting of Options to him).

• It is the intention of the Company that this Agreement comply in all respects with Rule 16b-3 promulgated under the Exchange Act and that Participants remain disinterested persons ("Disinterested Persons") for purposes of administering other employee benefit plans of the Company and having such other plans be exempt from Section 16(b) of the Exchange Act.

More Definitions of Disinterested Persons

Disinterested Persons means the "non-employee directors" of the Company as such term is defined in Rule 16b-3.

Disinterested Persons. — means those Directors who are “nonemployee directors” as defined in Rule 16b-3, as amended, under the Securities Exchange Act of 1934.

Disinterested Persons means Directors who are not full time employees of the Corporation and who are eligible to serve as Plan administrators or to approve Plan awards under the provisions of Rule 16b-3 promulgated under the Exchange Act. The preceding sentence shall have no effect if any specification of such persons is eliminated from the rules promulgated under Section 16 of the Exchange Act.

Disinterested Persons means disinterested persons within the meaning of Rule 16b-3, as promulgated under the Securities and Exchange Act of 1934, as amended.

Disinterested Persons means an administrator of this Plan who is not at the time he or she exercises discretion in administering this Plan eligible, has not at any time within one year prior thereto been eligible, and for one year after so serving will not be eligible, for selection as a person to whom an Award may be granted pursuant to this Plan or any other plan of the Company entitling the participants therein to acquire stock or stock options of the Company.

Disinterested Persons means a director of the Company who is not, during the one year prior to service as an administrator of the Plan, granted or awarded equity securities pursuant to the Company’s 2006 Equity Compensation Plan or any other plan of the Company or any of its affiliates except as may be permitted by Rule 16b-3(d) under the Securities Exchange Act of 1934 or any successor to such rule.

Disinterested Persons means the Company’s Non-Employee Directors within the meaning of Rule 16b-3 as promulgated under the Exchange Act or any successor rule or regulation thereto.