Nonemployee Directors definition

Nonemployee Directors. Deferred Compensation Plan” shall mean the Primerica, Inc. Nonemployee Directors’ Deferred Compensation Plan, effective as of January 1, 2011, pursuant to which nonemployee members of the Board may elect to defer cash or equity compensation and to receive all of such deferral amounts in the form of Common Stock at such later date as is specified in the Board member’s election documents.

Nonemployee Directors means any member of the Board who is not employed by the Corporation or any one of its subsidiaries.

Nonemployee Directors and "outside directors" (i) for purposes of any applicable rule of the New York Stock Exchange or any other securities exchange or other self-regulating organization requiring that members of the audit committee of the Board be independent of Gottschalks or (ii) for purposes of any law or regulation that requires, in order to obtain or maintain favorable tax, securities, corporate law or other material legal benefits with respect to any plan or arrangement for employee compensation or benefits, that the members of the committee of the Board charged with responsibility for such plan or arrangement be "independent" of Gottschalks, "disinterested," "nonemployed directors" or "outside directors," then a Director who is an Investor Nominee shall not be required to be appointed to any such standing committee. In no event shall any Investor Nominee serve on any committee of the Board evaluating any transaction or potential transaction involving Gottschalks and any of Investor, its Affiliates or any Group of which Investor is a member or such other transaction or potential transaction which would involve an actual or potential conflict of interest on the part of the Directors who are Investor Nominees. Any members of any committee who are Investor Nominees shall, in the event of any vacancy in such membership, be replaced by a Director who is an Investor Nominee elected by the Directors who are Investor Nominees.

Examples of Nonemployee Directors in a sentence

• However, in the case of a Stock Option granted to officers, Non-employee Directors, managers or Consultants of the Company, the Stock Option may become fully exercisable, subject to reasonable conditions, at anytime or during any period established by the Company.

• The Plan is also intended to aid in attracting Persons of exceptional ability to become Nonemployee Directors of the Company.

• In addition, Nonemployee Directors and any other service providers who have been retained to provide consulting, advisory or other services to the Company or to any Subsidiary shall be eligible for the grant of Awards hereunder as determined by the Administrator.

• The Persons who shall be eligible to participate in the Plan and to receive Awards under the Plan shall, subject to Section 5.2, be such Persons who are Nonemployee Directors as the Board shall select.

• Non-employee Directors of the Company shall be entitled to defer the receipt of any Shares that may become issuable to them under any Award in accordance with the terms of the 1996 Directors’ Deferral Plan, as the same may be hereinafter amended, or any other plan that may be established by the Company that provides for the deferred receipt of such Shares.

More Definitions of Nonemployee Directors

Nonemployee Directors means the following directors: Paul M. Bass, Jr., Norman S. Edelcup, Edward J. Hardin, Ann Manix, Glenn R. Simmons and Steven L. Watson.

Nonemployee Directors as contemplated by Rule 16b-3 under the Exchange Act. The Board may delegate the responsibility for administering the Plan with respect to designated classes of eligible Optionees to different committees, subject to such limitations as the Board deems appropriate. Committee members shall serve for such term as the Board may determine, subject to removal by the Board at any time.

Nonemployee Directors means those members of the Board (numbering two or more) who constitute “nonemployee directors” within the meaning of Rule 16b-3 promulgated under the Securities Exchange Act of 1934, as amended from time to time.

Nonemployee Directors means the following directors: Norman S. Edelcup, Loretta J. Feehan, Edward J. Hardin, Ann Manix, Bobby D. O’Brien, George E. Poston and Steven L. Watson.

Nonemployee Directors means those members of the Board who are not employed by the Company or by any airline which is a Company stockholder.

Nonemployee Directors means the following directors: Thomas E. Barry, Norman S. Edelcup, Loretta J. Feehan, Elisabeth C. Fisher, Edward J. Hardin, Ann Manix, Cecil H. Moore, Jr., Bobby D. O’Brien, George E. Poston, Mary A. Tidlund and Steven L. Watson, as applicable.

Nonemployee Directors means the following directors: Serena S. Connelly, Norman S. Edelcup, Edward J. Hardin, Ann Manix and Steven L. Watson, and where applicable, our director nominee, George E. Poston.