Approved Reason

Example Definitions of "Approved Reason"
Approved Reason. For purposes of this Award Notice, "Approved Reason" means a reason for terminating Board membership with the Company which, in the opinion of the Committee, is in the best interests of the Company.
Approved Reason. A termination of Board membership will be identified as an "Approved Reason" if, in the opinion of the Committee in its sole discretion, it is in the best interest of the Company to do so.
Approved Reason. Means a reason for terminating employment with the Company which, in the opinion of the Committee with respect to Participants who are subject to Section 16 of the Exchange Act or who are Covered Employees within the meaning of Section 162(m) of the Code, and the opinion of the Chief Executive Officer with respect to all other Participants, is in the best interests of the Company.
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