Non-Management Director definition

Non-Management Director means any Person selected in accordance with Article IV of this Agreement who is not a Management Director.

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Non-Management Director means a director who, in the applicable calendar year, was not compensated, directly or indirectly, by the Company, any Subsidiary or any of their Affiliates, other than compensation for service as a director or as a member of any committee of the Board.

Non-Management Director means a member of the Board who is not an employee of the Company or any Affiliate.

Examples of Non-Management Director in a sentence

If you are a Non-Management Director, the Director Plan describes how various events affect your Covered Award.
Therefore, the Board does not have a predetermined policy as to whether or not the roles of the Chief Executive Officer and the Chair of the Board should be separate and, if the roles are to be separate, whether the Chair of the Board should be a Non-Management Director or a Management Director.
If you are a Non-Management Director, the Director Plan describes how a Change of Control will affect your Covered Award.
If the Participant’s Service as a Non-Management Director terminates prior to the Payment Date for any reason other than Death or Disability, all RSUs granted hereunder shall immediately be forfeited and cancelled.
Devon, pursuant to such assumption of rights and obligations under the Plan and as authorized by the Board of Directors of Devon, wishes to amend the Plan and each outstanding Time-Based Restricted Stock Unit Agreement, Performance-Based Restricted Stock Unit Agreement and Non-Management Director Restricted Stock Unit Agreement (each, an “Agreement”) as set forth below.

More Definitions of Non-Management Director

Non-Management Director means a member of the Board who is not an employee of the Company or any of its subsidiaries.

Non-Management Director means a director of the Corporation who is not an officer or employee of the Corporation or a Baytex Affiliate;

Non-Management Director means a member of the Board of Directors who is not an employee of the Company or an Affiliate.

Non-Management Director means a Director who is not an Employee.

Non-Management Director means a member of the Board, or a member of the board of directors of a Subsidiary, who is not a member of management of the Company.

Non-Management Director means a member of the Board who is not an officer or an employee of the Company, or a subsidiary or affiliate of the Company.

Non-Management Director means a director of the Company who is not an Employee.