Non-Employee Directors definition

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

Non-Employee Directors means members of the Board who, at the time of execution of an Award Agreement, if applicable, and at all times thereafter while they continue to serve as a member of the Board, are not officers, senior executives or other employees of the Corporation or a Subsidiary, consultants or service providers providing ongoing services to the Corporation or its Affiliates;

Non-Employee Directors means directors of the Company who are not employees of the Company or its subsidiaries.

Examples of Non-Employee Directors in a sentence

• Non-Employee Directors shall be granted the equity awards described below.

• The Committee may consist solely of two or more Outside Directors, in accordance with Section 162(m) of the Code, or solely of two or more Non-Employee Directors, in accordance with Rule 16b-3.

• At such time as the Common Stock is publicly traded, in the discretion of the Board, a Committee may consist solely of two or more Outside Directors, in accordance with Section 162(m) of the Code, and/or solely of two or more Non-Employee Directors, in accordance with Rule 16b-3.

• The persons eligible to receive Options are the Non-Employee Directors of the Company.

• Non-Employee Directors are eligible to receive any type of Award offered under this Plan except ISOs. Awards pursuant to this Section 12 may be automatically made pursuant to policy adopted by the Board, or made from time to time as determined in the discretion of the Board.

More Definitions of Non-Employee Directors

Non-Employee Directors means those Directors who satisfy the definition of "Non-Employee Director" under Rule 16b-3(b)(3)(i) promulgated under the 1934 Act.

Non-Employee Directors means members of the Board who, at the time of execution of an Award Agreement, if applicable, and at all times thereafter while they continue to serve as a member of the Board, are not officers or employees of the Company or a Subsidiary;

Non-Employee Directors means members of the Board who are also not employees of the Company.

Non-Employee Directors means individuals who qualify as such within the meaning of Rule 16b-3 under the Exchange Act (or any successor definition thereto).

Non-Employee Directors means a member of a Board 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 member of a Board (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.

Non-Employee Directors means each member of the Board who is not an Employee of the Company or an Affiliate.

Non-Employee Directors has the meaning set forth in Section 6.17(b).