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

• The Company is to ensure that the 1.0% limit is complied with as soon as is reasonably possible and no Options shall be granted to Non-employee Directors until such limit is complied with.

• Eligibility Persons eligible to be selected as Participants shall include employees of the Company, Nonemployee Directors or other persons selected by the Committee whose participation the Committee has determined to be in the best interests of the Company.

• As of the date of the Amended and Restated Plan, Non-employee Directors hold Options collectively representing approximately 2.18% of the issued and outstanding Shares.

• The Corporate Governance and Sustainability Committee of the Company’s Board, or such other committee of the Board that is designated by the Board, shall administer the Plan with respect to all Awards to Participants who are Nonemployee Directors of the Company.

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 are also not employees of the Company.

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 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 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. Plan” means the Company’s 2003 Non-Employee Directors’ Stock Option Plan.

Non-Employee Directors. The qualifications of the persons serving as board members and the overall composition of the Board of Directors comply with the Xxxxxxxx-Xxxxx Act of 2002 and the rules promulgated thereunder applicable to the Company and the rules of Nasdaq. At least one member of the Board of Directors qualifies as a “financial expert” as such term is defined under the Xxxxxxxx-Xxxxx Act of 2002 and the rules promulgated thereunder and the rules of Nasdaq. In addition, at least a majority of the persons serving on the Board of Directors qualify as “independent” as defined under the rules of Nasdaq.