Define: Nonemployee Director
What does "Nonemployee Director" mean? The meaning differs based on the contract. We found 3 definitions across 2 companies in SEC filings.
Definition 1 (Arthur J. Gallagher & Co., seen in 1 filing)
Nonemployee Director means any director serving on the Board, other than a director who is an officer or employee of the Company or any Subsidiary.
Source: Arthur J. Gallagher & Co. 10-K
Definition 2 (Edwards Lifesciences Corp, seen in 1 filing)
Nonemployee Director means a director of the Company who is not an employee.
Source: Edwards Lifesciences Corp 10-K
Definition 3 (Edwards Lifesciences Corp, seen in 1 filing)
Nonemployee Director means a member of the Company s Board who is not an Employee of the Company.
Source: Edwards Lifesciences Corp 10-K
Data extracted from 3 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.