Define: Independent Director

What does "Independent Director" mean? The meaning differs based on the contract. We found 2 definitions across 2 companies in SEC filings.

Definition 1 (CHEVRON CORP, seen in 1 filing)

Independent Director means a member of the Board that is independent of the Corporation within the meaning of the rules of the New York Stock Exchange and the Corporation s Corporate Governance Guidelines.

Source: CHEVRON CORP 10-K

Definition 2 (EBAY INC, seen in 1 filing)

Independent Director means a Director of the Company who is not an Employee.

Source: EBAY INC 8-K

Data extracted from 2 SEC EDGAR filings across 2 companies. Source: Material contracts (Exhibit 10) filed under Regulation S-K.

This page presents definitions found in actual SEC filings for informational purposes. The specific definition appropriate for your contract may vary based on jurisdiction, industry, and specific circumstances. Consult with a qualified attorney for legal advice.

Occurrences: 2
Companies: 2
Keywords:
Independent Directordefinitioncontract languagelegal termSEC filing

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