Continuous Status as an Employee, Director or Consultant Definition Example

Continuous Status as an Employee, Director or Consultant. The individual's employment as an Employee or relationship as a Consultant is not interrupted or terminated, or, in the case of a Director who is not an Employee, the term means the Director remains a Director of the Company. The Board, in its sole discretion, may determine whether Continuous Status as an Employee, Director or Consultant shall be considered interrupted in the case of (i) any leave of absence approved by the Board, including sick leave, military leave or any other personal... leave, or (ii) transfers between locations of the Company or between the Company and a Subsidiary or their successors View More