Director Disability

Example Definitions of "Director Disability"
Director Disability. Means that the Outside Director (i) has established to the satisfaction of the Board that the Outside Director is unable to perform his or her duties as a member of the Board by reason of any medically determinable physical or mental impairment which can be expected to last for a continuous period of not less than twelve (12) months and (ii) has satisfied any requirement imposed by the Committee in regard to evidence of such disability.
Director Disability. Means that the Outside Director Grantee: (i) has established to the satisfaction of the Board of Directors that the Outside Director Grantee is unable to perform his or her duties as a member of the Board of Directors by reason of any medically determinable physical or mental impairment which can be expected to last for a continuous period of not less than twelve (12) months months; and (ii) has satisfied any requirement imposed by the Compensation Committee in regard to evidence of such... disability. View More Arrow
View Variation Arrow
All Definitions