New Outside Director definition

New Outside Director means an Outside Director who becomes a Director after the effective date of the Plan, as amended and restated.
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New Outside Director means an Outside Director who becomes a Director after the effective date of this Plan.
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New Outside Director means an Outside Director who first becomes a Director at or after the Company’s 2003 annual meeting of stockholders.
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Examples of New Outside Director in a sentence

  • Options granted under the Plan shall be designated by the Committee as either (i) ISOs or (ii) NQSOs. In no event shall a New Outside Director or Outside Director receive an ISO unless otherwise permitted under the Code.

  • New Outside Director Compensation Policy Effective July 11, 2016, we adopted a new compensation policy for our outside directors.

  • Study on stretch extinction limits of CH4/CO2 versus high temperature O2/CO2 counterflow non-premixed flames.

  • Time and attendance issues are prevalent at all the Hospitals and result in a high number of disciplinary actions which impact the ability to staff appropriately.

  • The term "INITIAL GRANT" shall mean the grant of an Option to a New Outside Director pursuant to Section 7.1 hereof.


More Definitions of New Outside Director

New Outside Director means a Non-Employee Director who (i) was not previously eligible to participate in this Plan and (ii) was not previously eligible to participate (whether as an employee, director or otherwise) in any other nonqualified deferred compensation plan sponsored by the Company or an affiliate, taking into account only nonqualified deferred compensation plans required to be aggregated with this Plan under Code Section 409A.
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New Outside Director means a person who (i) is appointed or elected to the Board after January 1, 1993, (ii) will be a nonemployee director after such appointment or election and (iii) was not a member of the Board for a continuous period of one hundred eighty (180) days prior to such appointment or election. Such term does not include either (i) an employee director who terminates employment with the Company but remains a member of the Board or (ii) an employee director who terminates employment with the Company and is then reelected to the Board without there being an intervening period of one hundred eighty (180) days during which such person is not a member of the Board.
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New Outside Director means an Outside Director who becomes a Director after the effective date of the Company's initial public offering of its Common Stock.
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New Outside Director means an Outside Director who joins the Board after the Closing Date.
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New Outside Director means an Outside Director who joins the -------------------- Board after March 31, 1998.
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New Outside Director means an Outside Director who first becomes a Director at or after the Company's 1995 annual meeting of stockholders (which meeting took place on May 26, 1995).
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Related to New Outside Director

  • Outside Director means a Director who is not an Employee.

  • Inside Director means a Director who is an Employee.

  • Employee Director means a member of the Board of Directors of the Company that is also an Employee of the Company.

  • Outside Directors means members of the Board who are not officers of the Company or any of its Subsidiaries and who are not Acquiring Persons or representatives, nominees, Affiliates or Associates of Acquiring Persons.

  • Nonemployee Director means a Director who is not an Employee.

  • Independent Director means a director referred to in Section 149 (6) of the Companies Act, 2013.

  • Section 162(m) Participant means any key Employee designated by the Administrator as a key Employee whose compensation for the fiscal year in which the key Employee is so designated or a future fiscal year may be subject to the limit on deductible compensation imposed by Section 162(m) of the Code.

  • shadow director means, in relation to a company, any person in accordance with whose directions or instructions the directors of the company are accustomed to act, but the person is not deemed to be a shadow director by reason only that the directors act on advice given by him in a professional capacity; and

  • New Director means an individual whose election by the Board or nomination for election by the Company’s stockholders was approved by a vote of at least two-thirds of the directors then still in office who either were directors at the Date of Grant or whose election or nomination for election was previously so approved or recommended. However, “New Director” shall not include a director whose initial assumption of office is in connection with an actual or threatened election contest, including but not limited to a consent solicitation relating to the election of directors of the Company.

  • Non-Employee Director means a Director who either (i) is not a current employee or officer of the Company or an Affiliate, does not receive compensation, either directly or indirectly, from the Company or an Affiliate for services rendered as a consultant or in any capacity other than as a Director (except for an amount as to which disclosure would not be required under Item 404(a) of Regulation S-K promulgated pursuant to the Securities Act (“Regulation S-K”)), does not possess an interest in any other transaction for which disclosure would be required under Item 404(a) of Regulation S-K, and is not engaged in a business relationship for which disclosure would be required pursuant to Item 404(b) of Regulation S-K; or (ii) is otherwise considered a “non-employee director” for purposes of Rule 16b-3.

  • Nonemployee Director Award means any Award granted to a Nonemployee Director.

  • Designated Director means a person designated by the RE to ensure overall compliance with the obligations imposed under chapter IV of the PML Act and the Rules and shall include:

  • Key Employee means any executive-level employee (including, division director and vice president-level positions) as well as any employee who, either alone or in concert with others, develops, invents, programs, or designs any Company Intellectual Property (as defined in the Purchase Agreement).

  • Non-Key Employee means any Employee who is not a Key Employee.

  • 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.

  • Independent Director/Trustee means any; (i) director or trustee of an Invesco Mutual Fund who is not an “interested person” (as defined in Section 2(a)(19) of the Investment Company Act) of an Invesco Mutual Fund; (ii) director or trustee of an Invesco ETP who is not an “interested person” (as defined in Section 2(a)(19) of the Investment Company Act) of an Invesco ETP; or (iii) member of the Invesco Canada Independent Review Committee, Invesco Canada Funds Advisory Board or Board of Directors of Invesco Corporate Class Inc. who has no other executive responsibilities or engagement in an Invesco Canada Fund or Invesco NA’s day-to-day activities beyond the scope of their duties as director/trustee.

  • Eligible Participant means an employee, officer, consultant or director of the Company or any Affiliate.

  • Non-Employee Directors means that term as defined in Rule 16b-3 under the 1934 Act.

  • Independent Directors means the members of the Board of Directors who are not officers or employees of the Manager or any Person directly or indirectly controlling or controlled by the Manager, and who are otherwise “independent” in accordance with the NYSE’s corporate governance listing standards (or the rules of any other national securities exchange on which the Common Stock is listed).

  • Section 162(m means Section 162(m) of the Code.

  • Section 162(m) Award means a Performance Award granted under Section 6(k)(i) to a Covered Employee that is intended to satisfy the requirements for “performance-based compensation” within the meaning of Section 162(m).

  • Qualified Director means a person who, at the time action is to be taken under:

  • Eligible Employee means full-time and part-time employees in the bargaining unit who have completed four hundred and fifty (450) hours of service and who are not prohibited from contributing to the Plan by legislation or the Plan rules because of their age or because they are in receipt of a pension from the Plan.

  • Eligible Directors means, with respect to a Regulated Fund and a Potential Co-Investment Transaction, the members of the Regulated Fund’s Board eligible to vote on that Potential Co-Investment Transaction under Section 57(o) of the Act (treating any registered investment company or series thereof as a BDC for this purpose).

  • Elected Director means a person elected as an elected director in accordance with these bylaws or elected or appointed as a replacement director for an elected director;