Termination of Directorship

Example Definitions of "Termination of Directorship"
Termination of Directorship. That the Non-Employee Director has ceased to be a director of the Company; except that if a Non-Employee Director becomes an Eligible Employee or a Consultant upon the termination of such Non-Employee Director's directorship, such Non-Employee Director's ceasing to be a director of the Company shall not be treated as a Termination of Directorship unless and until the Participant has a Termination of Employment or Termination of Consultancy, as the case may be.
Found in INTRUSION INC contract
Termination of Directorship. That the Non-Employee Director has ceased to be a director Director of the Company; except that if a Non-Employee Director becomes an Eligible Employee or a Consultant upon the termination of such Non-Employee Director's his or her directorship, such Non-Employee Director's his or her ceasing to be a director Director of the Company shall not be treated as a Termination of Directorship unless and until the Participant has a Termination of Employment or Termination of Consultancy, as the case... may be. be View More
Found in Aeon Global Health Corp. contract
View Variation
Termination of Directorship. Shall mean the time when Participant, if he or she is or becomes an Independent Director, ceases to be a Director for any reason, including, but not by way of limitation, a termination by resignation, failure to be elected, death or retirement.
Found in TiVo Corporation contract
Termination of Directorship. The cessation of such Optionee's or Awardee's relationship with the Company that qualified him for an Option or an Award for any reason; provided, however, that if an Optionee or Awardee is both a director and officer of the Company, it shall mean such date as such person ceases to be both an officer and director
Found in Team, Inc. contract
Termination of Directorship. The cessation of such Optionee's relationship as a director on the Board
Found in Team, Inc. contract
Termination of Directorship. The time when a Participant ceases to be a Director for any reason, including, without limitation, a termination by resignation, removal, failure to be elected or reelected, death or retirement
Found in HNI Corporation contract
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