Русско-англо-русский юридический словарь

Definition of 'Outside Director'

Any member of a company's board of directors who is not an employee or stakeholder in the company. Outside directors are paid an annual retainer fee in the form of cash, benefits and/or stock options. Corporate governance standards require public companies to have a certain number or percentage of outside directors on their boards as they are more likley to provide unbiased opinions.

A tribunal, which considered several cases, has ruled workers should get 14 days of annual paid leave under the European Working Time Directive. (BBC News)

There, in addition to a tax-free salary of $45,000, she was given a three-bedroom, three-bathroom apartment to live in rent-free, plane tickets for her and her husband to visit the United States every year, 44 annual paid vacation days, an $8,000 moving allowance, and a promise to help find a job for her husband, who’s a physicist. (The Washington Post)

Annual leave is paid time off work granted by employers to employees to be used for whatever the employee wishes. Depending on the employer's policies, differing number of days may be offered, and the employee may be required to give a certain amount of advance notice, may have to coordinate with the employer to be sure that staffing is adequately covered during the employee's absence, and other requirements may have to be met. It is considered a benefit for the employees. (Wikipedia)