Eligible Director definition
Eligible Director means a person who is (i) a “non-employee director” within the meaning of Rule 16b-3 under the Exchange Act, and (ii) an “outside director” within the meaning of Section 162(m) of the Code.
Eligible Director means a person who is a “non-employee director” within the meaning of Rule 16b-3 under the Exchange Act.
Eligible Director means a person who is (i) a “non-employee director” within the meaning of Rule 16b-3 under the Exchange Act, (ii) an “outside director” within the meaning of Section 162(m) of the Code and (iii) an “independent director” under the rules of the NYSE or any other securities exchange or inter-dealer quotation system on which the Common Stock is listed or quoted, or a person meeting any similar requirement under any successor rule or regulation.
Examples of Eligible Director in a sentence
Provided that you have continuously served as an Eligible Director since the date that the Award was granted, and subject to the other terms and conditions of the Award, the restrictions on the RSUs will lapse in accordance with the vesting schedule set forth in the Award Agreement until all the RSUs have vested into Shares.
More Definitions of Eligible Director
Eligible Director means a director who satisfies the conditions set forth in Section 4(a) of the Plan.
Eligible Director means a director who would be entitled to vote on the matter at a meeting of directors (but excluding any director whose vote is not to be counted in respect of the particular matter);
Eligible Director means a director of the Company who is not an employee of the Company or any Subsidiary.
Eligible Director means a person who is (i) a “non-employee director” within the meaning of Rule 16b-3 under the Exchange Act, or a person meeting any similar requirement under any successor rule or regulation and (ii) an “outside director” within the meaning of Section 162(m) of the Code, and the Treasury Regulations promulgated thereunder; provided, however, that clause (ii) shall apply only with respect to grants of Awards with respect to which the Company’s tax deduction could be limited by Section 162(m) of the Code if such clause did not apply.
Eligible Director means a person who is serving as a member of the Board and who is not an Employee.
Eligible Director means a Director who is not an Employee and is eligible to participate in the Non-Discretionary Grant Program.
Eligible Director means any Director of the Company who is not an employee of the Company or its subsidiaries.