Disinterested Director definition: Copy, customize, and use instantly
Introduction
The term "Disinterested Director" refers to a director who is not influenced by personal interest or conflict of interest in making decisions for the company. This designation ensures that the director can act impartially, especially when decisions impact stakeholders differently.
Below are various examples of how "Disinterested Director" can be defined in different contexts. Copy the one that fits your needs, customize it, and use it in your contract.
Definition of "Disinterested Director" as a board member without conflict of interest
This definition ties "Disinterested Director" to a board member without any personal conflict of interest.
"Disinterested Director" means a director who does not have any financial interest or personal stake in the matter being discussed, thereby ensuring impartiality and fairness in the decision-making process.
Definition of "Disinterested Director" as a director with no financial relationship
This definition connects "Disinterested Director" to a director with no financial relationship to the company’s transactions.
"Disinterested Director" refers to a director who has no financial or familial relationships with the company, its executives, or its key stakeholders, ensuring their ability to make decisions in the best interest of the company.
Definition of "Disinterested Director" as an independent director
This definition links "Disinterested Director" to an independent director who is free of any biases or external pressures.
"Disinterested Director" means a director who is independent of the company’s management, major shareholders, and other interests that may compromise their ability to exercise objective judgment in decision-making.
Definition of "Disinterested Director" as a non-affiliated director
This definition applies "Disinterested Director" to a non-affiliated director.
"Disinterested Director" refers to a director who is not affiliated with the company’s management, controlling shareholders, or any entity that might influence the director’s decisions, allowing them to act solely in the company’s best interests.
Definition of "Disinterested Director" as a neutral director in corporate transactions
This definition ties "Disinterested Director" to a director who remains neutral during corporate transactions.
"Disinterested Director" means a director who is not involved in or personally benefiting from any transaction or corporate restructuring, ensuring their neutrality in evaluating corporate actions and decisions.
Definition of "Disinterested Director" as a director without material interest in a transaction
This definition connects "Disinterested Director" to a director who has no material interest in a specific transaction.
"Disinterested Director" refers to a director who has no material financial interest in the outcome of a transaction or decision, and is therefore able to act impartially for the benefit of the company.
Definition of "Disinterested Director" as an objective decision-maker
This definition links "Disinterested Director" to an objective decision-maker in the boardroom.
"Disinterested Director" means a director who is free from any external influence, relationships, or interests that could affect their objectivity when making decisions on behalf of the company.
Definition of "Disinterested Director" as a director unconnected to conflicting parties
This definition applies "Disinterested Director" to a director unconnected to any conflicting parties.
"Disinterested Director" refers to a director who has no connections or ties to any parties with conflicting interests, ensuring that their decisions are made impartially and without bias.
Definition of "Disinterested Director" as a director with no personal investment
This definition connects "Disinterested Director" to a director who has no personal investment in the company’s dealings.
"Disinterested Director" means a director who does not have any personal investment, either directly or indirectly, in the company’s business transactions, thereby ensuring their ability to act in the company’s best interest.
Definition of "Disinterested Director" as a director acting in the public interest
This definition links "Disinterested Director" to a director who is acting in the public interest.
"Disinterested Director" refers to a director who is committed to making decisions based on the best interests of the company, its shareholders, and other stakeholders, without being influenced by personal gain or external pressure.
Definition of "Disinterested Director" as an unbiased party
This definition ties "Disinterested Director" to an unbiased party.
"Disinterested Director" refers to a director who is not biased by personal, financial, or professional relationships, ensuring their decisions are based on the best interests of the company without external influence.
Definition of "Disinterested Director" as a neutral decision-maker
This definition connects "Disinterested Director" to a neutral decision-maker in corporate matters.
"Disinterested Director" means a director who does not have a personal stake in the outcome of any decisions or actions being taken by the board, allowing them to make unbiased, objective judgments.
Definition of "Disinterested Director" as a director free from outside influence
This definition links "Disinterested Director" to a director free from outside influence.
"Disinterested Director" refers to a director who has no personal relationships or financial interests that could affect their judgment, ensuring their decisions are not influenced by external parties or interests.
Definition of "Disinterested Director" as an independent decision-maker
This definition applies "Disinterested Director" to an independent decision-maker.
"Disinterested Director" means a director who is independent from the company’s executives and shareholders, ensuring their decisions are made solely based on the interests of the company and its stakeholders.
Definition of "Disinterested Director" as a director with no familial ties
This definition ties "Disinterested Director" to a director with no familial ties to the company.
"Disinterested Director" refers to a director who does not have any familial or close personal relationships with other directors, executives, or significant shareholders of the company, allowing them to act impartially.
Definition of "Disinterested Director" as a director without financial ties
This definition connects "Disinterested Director" to a director with no financial ties.
"Disinterested Director" means a director who does not have a financial interest in the company’s operations or business dealings, ensuring their decision-making process is not swayed by potential financial benefits.
Definition of "Disinterested Director" as a director with no ownership in the company
This definition links "Disinterested Director" to a director with no ownership in the company.
"Disinterested Director" refers to a director who does not hold any shares or equity in the company, thereby ensuring that they make decisions in the best interest of all stakeholders without any personal financial gain.
Definition of "Disinterested Director" as a director independent of company’s management
This definition ties "Disinterested Director" to a director independent of the company’s management.
"Disinterested Director" means a director who is not influenced by the company’s management, board members, or stakeholders, and who is free to make objective decisions without bias or conflict of interest.
Definition of "Disinterested Director" as a director unaffected by personal relationships
This definition connects "Disinterested Director" to a director unaffected by personal relationships.
"Disinterested Director" refers to a director who is not affected by personal relationships with any parties involved in the decision-making process, ensuring they can act with full impartiality.
Definition of "Disinterested Director" as a director not involved in related transactions
This definition links "Disinterested Director" to a director not involved in related transactions.
"Disinterested Director" means a director who is not involved in any transactions, investments, or dealings that may conflict with their duties, ensuring unbiased decision-making.
Definition of "Disinterested Director" as a director free of any potential conflicts
This definition applies "Disinterested Director" to a director free of any potential conflicts.
"Disinterested Director" refers to a director who has no potential conflicts of interest, whether financial, familial, or professional, that could compromise their ability to act in the company’s best interests.
Definition of "Disinterested Director" as an impartial governing member
This definition ties "Disinterested Director" to an impartial governing member.
"Disinterested Director" means a director who can serve as an impartial member of the governing board, making decisions without any bias towards specific stakeholders or personal benefit.
Definition of "Disinterested Director" as a director without conflicting obligations
This definition connects "Disinterested Director" to a director without conflicting obligations.
"Disinterested Director" refers to a director who does not have any obligations or commitments to outside entities that could conflict with their role and responsibilities within the company.
Definition of "Disinterested Director" as a director whose actions are solely company-focused
This definition links "Disinterested Director" to a director whose actions are solely focused on the company.
"Disinterested Director" means a director whose actions and decisions are solely focused on the long-term success and well-being of the company, without consideration for personal gain.
Definition of "Disinterested Director" as a director adhering to ethical guidelines
This definition ties "Disinterested Director" to a director who adheres to ethical guidelines.
"Disinterested Director" refers to a director who follows strict ethical guidelines and codes of conduct that ensure their decisions are made with integrity, without any personal or financial bias.
Definition of "Disinterested Director" as a director fulfilling fiduciary duties
This definition connects "Disinterested Director" to a director fulfilling fiduciary duties.
"Disinterested Director" means a director who fulfills their fiduciary duties to the company and its stakeholders with impartiality, ensuring their decisions benefit the organization without any outside influence.
Definition of "Disinterested Director" as a director acting without external pressure
This definition links "Disinterested Director" to a director acting without external pressure.
"Disinterested Director" refers to a director who is free from external pressures, such as shareholder demands or management influence, allowing them to make decisions in the best interest of the company.
Definition of "Disinterested Director" as an unencumbered director
This definition ties "Disinterested Director" to an unencumbered director.
"Disinterested Director" means a director who is unencumbered by any personal, financial, or professional obligations that could affect their ability to act in the best interests of the company.
Definition of "Disinterested Director" as a director who avoids self-interest
This definition connects "Disinterested Director" to a director who avoids self-interest.
"Disinterested Director" refers to a director who avoids decisions or actions that would benefit them personally or financially, ensuring their focus remains on the interests of the company and its stakeholders.
Definition of "Disinterested Director" as a director committed to fairness
This definition links "Disinterested Director" to a director committed to fairness.
"Disinterested Director" means a director who is committed to fairness in decision-making, ensuring that all actions and outcomes are equitable for the company and its shareholders without bias or self-interest.
This article contains general legal information and does not contain legal advice. Cobrief is not a law firm or a substitute for an attorney or law firm. The law is complex and changes often. For legal advice, please ask a lawyer.