Annual Retainer. Commencing on the effective date of the IPO, AIT will pay Bentsur an Annual Retainer at the annualized rate of $75,000. The Annual Retainer shall be paid in equal installments not less often than monthly.
Annual Retainer. The Company will pay Director the amount of One Thousand Dollars ($1,000.00) as described herein (the “Annual Retainer”). The Annual Retainer will be paid in equal quarterly installments promptly following the conclusion of each calendar quarter, and in no event later than March 15 of the year in which the quarterly portion of the Annual Retainer was earned. In order to receive the retainer for a given quarter, Director must be a director of the Company on the last day of the quarter, and this Agreement must remain in effect as of such day.
Annual Retainer. Connetics shall pay Xx. Xxxxx, and Xx. Xxxxx shall accept for Xx. Xxxxx'x services under this Agreement, compensation in the form of an annual retainer in the amount of Sixty Thousand Dollars ($60,000) payable in equal quarterly installments.
Annual Retainer. Director shall be entitled to an annual retainer of for his services in the amount of Twenty Thousand ($20,000.00)
Annual Retainer. BJB Cayman agrees to pay Director an annual retainer of US$5,000 (the “Annual Retainer”), payable in equal installments quarterly. In the event Director ceases to serve on the Board, Director shall be entitled to the pro rata portion of the Annual Retainer for the number of months he has served on the Board in a given year.
Annual Retainer. As consideration for performing the Services, the Company shall pay Advisor a base retainer at the rate of $70,000 per year, subject to Advisor’s performance of the Services for nine (9) days per quarter, payable in accordance with the Company’s standard payroll schedule. From time to time, Advisor and the Company may mutually agree upon adjustments to the number of required days of Service per quarter and adjust the retainer proportionately.
Annual Retainer. In addition to any other compensation payable under this Agreement, and except as provided in Section 7.3 below, XXXXX shall pay CONSULTANT an annual minimum retainer, as follows: Year 1 (9/1/99-8/31/00) [*****] dollars $[*****] Year 2 (9/1/00-8/31/01) [*****] dollars $[*****] Year 3 (9/1/01-8/31/02) [*****] dollars $[*****] Year 4 (9/1/02-8/31/03) [*****] dollars $[*****] Year 5 (9/1/03-8/31/04) [*****] dollars $[*****] Payments shall be made in two (2) equal installments on September 1 and March 1 of each respective year, except for Year 1, when the 1st payment shall be due October 1, 1999.
Annual Retainer. The Company will pay Director the amount of One Hundred Fifty Thousand Dollars ($150,000) as described herein (the “Annual Retainer”). By initialing one of the boxes below, Director irrevocably elects to receive his retainer either (i) 50% in cash and 50% in restricted stock units (“RSUs”), or (ii) 100% in RSUs: 50% cash and 50% RSUs 100% RSUs
(i) The cash portion of the Annual Retainer will be paid in equal quarterly installments promptly following the conclusion of each calendar quarter, and in no event later than March 15 of the year in which the quarterly portion of the Annual Retainer was earned. In order to receive the retainer for a given quarter, Director must be a director of the Company on the last day of the quarter, and this Agreement must remain in effect as of such day.
(ii) All RSUs awarded pursuant to this Section 3(a) will be granted immediately following the Company’s annual meeting of stockholders and vest on the earlier of (A) immediately prior to the Company’s next annual meeting of stockholders, or (B) one year after the date on which they were issued, provided that Director remains a director of the Company on such vesting date, and will be subject to the Company’s 2012 Stock Plan.
(iii) RSUs that vest in accordance with (ii) above will be paid to the Director in whole shares of common stock promptly after the date of vesting, but in no event later than March 15 following the calendar year in vesting occurs.
Annual Retainer. The Company shall pay to Sxxxxx an annual cash fee (“Annual Retainer”) of $60,000, payable at the rate of $5,000 per month to Sxxxxx.
Annual Retainer. Beginning on the date of the Annual Meeting of Shareholders of Connetics to be held in approximately April 2005 ("Annual Meeting") and continuing throughout the term of the Consulting Agreement, Connetics shall pay Dr.
