Continuous Status as an Officer or Director

Example Definitions of "Continuous Status as an Officer or Director"
Continuous Status as an Officer or Director. The employment or relationship as a Director is not interrupted or terminated. An interruption or termination shall not be deemed to occur if a person remains employed with the Company following cessation of his or her status as an Officer or Director. The Board, in its sole discretion, may determine whether Continuous Status as an Officer or Director 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
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