Outside Director Definition Example with 12 Variations

This page contains an example definition of Outside Director, followed by definitions with minor variations. You can view the differences between the example and variations by selecting the "Show Differences" option.
Outside Director. Means a Director who either (i) is not a current employee of the Company or an affiliated corporation (within the meaning of Treasury Regulations promulgated under Section 162(m) of the Code), is not a former employee of the Company or an affiliated corporation receiving compensation for prior services (other than benefits under a tax qualified pension plan), was not an officer of the Company or an affiliated corporation at any time and is not currently receiving direct or indirect remuneration... from the Company or an affiliated corporation for services in any capacity other than as a Director or (ii) is otherwise considered an outside director for purposes of Section 162(m) of the Code. View More

Variations

Outside Director. Means a Director who either (i) is not a current employee of the Company or an affiliated corporation "affiliated corporation" (within the meaning of Treasury Regulations promulgated under Section 162(m) of the Code), is not a former employee of the Company or an affiliated corporation "affiliated corporation" receiving compensation for prior services (other than benefits under a tax qualified pension plan), was not an officer of the Company or an affiliated corporation "affiliated corporation"... at any time and is not currently receiving direct or indirect remuneration from the Company or an affiliated corporation "affiliated corporation" for services in any capacity other than as a Director or (ii) is otherwise considered an outside director "outside director" for purposes of Section 162(m) of the Code. View More
Outside Director. Means means a Director who either (i) is not a current employee of the Company or an affiliated corporation "affiliated corporation" (within the meaning of Treasury Regulations promulgated under Section 162(m) of the Code), is not a former employee of the Company or an affiliated corporation "affiliated corporation" receiving compensation for prior services (other than benefits under a tax qualified pension plan), was not an officer of the Company or an affiliated corporation "affiliated... corporation" at any time and is not currently receiving direct or indirect remuneration from the Company or an affiliated corporation "affiliated corporation" for services in any capacity other than as a Director Director; or (ii) is otherwise considered an outside director "outside director" for purposes of Section 162(m) of the Code. View More
Outside Director. Means means a Director who either (i) is not a current employee of the Company or an affiliated corporation (within the meaning of Treasury Regulations promulgated under Section 162(m) of the Code), is not a former employee of the Company or an affiliated corporation receiving who receives compensation for prior services (other than benefits under a tax qualified pension plan), was tax-qualified retirement plan) during the taxable year, has not been an officer of the Company or an affiliated ... class="diff-color-red">corporation at any time corporation, and is does not currently receiving direct or indirect receive remuneration from the Company or an affiliated corporation for services corporation, either directly or indirectly, in any capacity other than as a Director or (ii) is otherwise considered an outside director for purposes of Section 162(m) of the Code. View More
Outside Director. Means a Director of the Company who either (i) is not a current employee of the Company or an affiliated corporation "affiliated corporation" (within the meaning of Treasury Regulations promulgated under Section 162(m) of the Code), is not a former employee of the Company or an affiliated corporation "affiliated corporation" receiving compensation for prior services (other than benefits under a tax qualified pension plan), was not an officer of the Company or an affiliated corporation "affiliated corporation" at any time and is not currently receiving direct or indirect remuneration from the Company or an affiliated corporation "affiliated corporation" for services in any capacity other than as a Director or (ii) is otherwise considered an outside director "outside director" for purposes of Section 162(m) of the Code. View More
Outside Director. Means means a Director of the Company who either (i) is not a current employee Employee of the Company or an affiliated corporation "affiliated corporation" (within the meaning of Treasury Regulations promulgated under Section 162(m) of the Code), is not a former employee Employee of the Company or an affiliated corporation "affiliated corporation" receiving compensation for prior services (other than benefits under a tax qualified pension plan), was not an officer of the Company or an ... class="diff-color-red">affiliated corporation "affiliated corporation" at any time and is not currently receiving direct or indirect remuneration from the Company or an affiliated corporation "affiliated corporation" for services in any capacity other than as a Director or (ii) is otherwise considered an outside director "outside director" for purposes of Section 162(m) of the Code. View More
Outside Director. Means a Director who either (i) is not a current employee of the Company or an affiliated corporation "affiliated corporation" (within the meaning of Treasury Regulations promulgated under Section 162(m) of the Code), is not a former employee of the Company or an affiliated corporation receiving "affiliated corporation" who receives compensation for prior services (other than benefits under a tax qualified pension plan), was tax-qualified retirement plan) during the taxable year, has not been... an officer of the Company or an affiliated corporation at any time "affiliated corporation," and is does not currently receiving direct or indirect receive remuneration from the Company or an affiliated corporation for services "affiliated corporation," either directly or indirectly, in any capacity other than as a Director or (ii) is otherwise considered an outside director "outside director" for purposes of Section 162(m) of the Code. View More
Outside Director. Means means a Director who either (i) is not a current employee of the Company or an affiliated corporation "affiliated corporation" (within the meaning of Treasury Regulations promulgated under Section 162(m) of the Code), is not a former employee of the Company or an affiliated corporation "affiliated corporation" receiving compensation for prior services (other than benefits under a tax qualified pension plan), was not an officer of the Company or an affiliated corporation "affiliated... corporation" at any time and is not currently receiving direct or indirect remuneration from the Company or an affiliated corporation "affiliated corporation" for services in any capacity other than as a Director or (ii) is otherwise considered an outside director "outside director" for purposes of Section 162(m) of the Code. View More
Outside Director. Means a Director who either (i) is not a current employee of the Company or an affiliated corporation "affiliated corporation" (within the meaning of Treasury Regulations promulgated under Section 162(m) of the Code), is not a former employee of the Company or an affiliated corporation "affiliated corporation" receiving compensation for prior services (other than benefits under a tax qualified tax-qualified pension plan), was not an officer of the Company or an affiliated corporation "affiliated corporation" at any time and is not currently receiving direct or indirect remuneration from the Company or an affiliated corporation "affiliated corporation" for services in any capacity other than as a Director Director; or (ii) is otherwise considered an outside director "outside director" for purposes of Section 162(m) of the Code. View More
Outside Director. Means a Director who either (i) is not a current employee of the Company or an affiliated corporation "affiliated corporation" (within the meaning of Treasury Regulations promulgated under Section 162(m) of the Code), is not a former employee of the Company or an affiliated corporation "affiliated corporation" receiving compensation for prior services (other than benefits under a tax qualified pension plan), was not an officer of the Company or an affiliated corporation "affiliated corporation"... at any time and is not currently receiving direct or indirect remuneration from the Company or an affiliated corporation "affiliated corporation" for services in any capacity other than as a Director Director, or (ii) is otherwise considered an outside director "outside director" for purposes of Section 162(m) of the Code. View More
Outside Director. Means a Director who either (i) is not a current employee of the Company or an affiliated corporation (within the meaning of Treasury Regulations promulgated under Section 162(m) of the Code), is not a former employee of the Company or an affiliated corporation receiving who receives compensation for prior services (other than benefits under a tax qualified pension plan), was tax-qualified retirement plan) during the taxable year, has not been an officer of the Company or an affiliated ... class="diff-color-red">corporation at any time corporation, and is does not currently receiving direct or indirect receive remuneration from the Company or an affiliated corporation for services corporation, either directly or indirectly, in any capacity other than as a Director Director, or (ii) is otherwise considered an outside director for purposes of Section 162(m) of the Code. View More
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