Director Participant definition

Director Participant means a Participant who is a member of the Board or the board of directors of a Subsidiary that is not otherwise an employee of the Company or a Subsidiary.
Director Participant means a Participant who is a member of the Board or the board of directors of a Subsidiary.
Director Participant means a Director who is not also a full-time employee of the Company or any of its Subsidiaries.

Examples of Director Participant in a sentence

  • The Director Participant must arrange for all tax withholding obligations related to any Award.

  • Under Section 83 of the Internal Revenue Code of 1986, as amended (the "Code"), a Director Participant may elect to be taxed at the time the Restricted Shares are acquired, rather than when such Shares vest, by filing an election with the Internal Revenue Service within thirty (30) days after the Grant Date and promptly providing a copy to the Company after any such filing.

  • Each Director Participant will be eligible to receive future Awards of Restricted Shares as determined by the Committee.


More Definitions of Director Participant

Director Participant means a Participant who receives an Award for his or her services as a Director.
Director Participant means a manager and director of the Company, the general partner of the General Partner, or other similar manager of the governing body of the General Partner who is not also (i) a shareholder or a direct or indirect employee of any Parent, or (ii) a direct or indirect employee of the Company, the Partnership, or a Subsidiary.
Director Participant means a Director, who is not an officer or employee of the Company or of a Related Entity;
Director Participant means a director of the Corporation who is not an employee of the Corporation;
Director Participant means any Participant who is director of the Bank but excluding Employee Participants.
Director Participant means a director of the Company who is not an employee of the Company or a Subsidiary and includes a Director Participant’s Permitted Assigns;
Director Participant means a person who was a Director of the Company on July 1, 2002 or who becomes a Director thereafter, until his or her termination of service.