Outside Director Definition Example with 14 Variations

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 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

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 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 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 5 an... "affiliated 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 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) §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 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) §162(m) of the Code. View More

Outside Director. Means means a Director director who either (i) is not a current employee Employee of the Company Corporation or an "affiliated corporation" (within (as defined in the meaning of Treasury Regulations regulations promulgated under Section 162(m) of the Code), is not a former employee Employee of the Company Corporation or of 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 Corporation or of an "affiliated corporation" affiliated corporation at any time 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 director, or (ii) is otherwise considered an "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 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 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. 5 (ff) "Participant" means a person to whom a Stock Award is granted pursuant to the Plan or, if applicable, such other person who holds an outstanding Stock Award. 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 5 "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

Found in PATH 1 NETWORK TECHNOLOGIES INC contract

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), tax-qualified retirement plan) during the taxable year, was not an officer of the Company or an "affiliated... corporation" at any time time, 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 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), tax-qualified retirement plan) during the taxable year, was not an officer of the Company or an "affiliated... corporation" at any time time, 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) 162 (m) of the Code. View More