Annual Retainer Clause Samples

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. Director shall be entitled to an annual retainer of for his services in the amount of Twenty Thousand ($20,000.00)

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. The Company will pay Director the amount of One Hundred Eighty Thousand Dollars ($180,000) as described herein, (the “Annual Retainer”). By initialing one of the boxes below, Director irrevocably elects to receive [his/her] 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 Second Amended and Restated 2012 Stock Plan, as amended, and as may be amended from time to time. (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 which vesting occurs.

Annual Retainer. BJB Cayman agrees to pay Director an annual retainer of US$15,000 (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. LCCC agrees to compensate Firm in the amount of XXX annually to retain legal services. This retainer includes: Annual compensation to be paid each month at XX Attendance at monthly Study Session and Business Meeting, estimated at XXX hours per each meeting; and, Approximately XXX of work annually for normal college business. The Parties acknowledge and agree that the XX hours for normal college business will vary from month to month; therefore the Parties agree to conduct an annual analysis of the actual annual hours worked (through tracking monthly billing) and adjust by mutual consent as necessary.

Annual Retainer. Director shall be entitled to an annual retainer of for Director’s services in the amount of Twenty Thousand ($20,000.00) Dollars. This annual retainer shall be payable in equal quarterly cash installments in arrears commencing ___________, consistent with the Company's standard payroll practices for its directors. Director compensation shall be reviewed annually by the Board and set by the Board.

Annual Retainer. Connetics shall pay ▇▇. ▇▇▇▇▇, and ▇▇. ▇▇▇▇▇ shall accept for ▇▇. ▇▇▇▇▇'▇ 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. In addition, Skye agrees to pay EHBE a retainer of $200,000 per calendar year (the “Annual Retainer”), to be paid in equal quarterly payments (with the first quarter paid on signing of the Agreement, and subsequent payments to be made on the first day of each subsequent calendar quarter). In exchange, EHBE will take steps to maintain and improve its scientific knowledge and sufficiently maintain its staff, equipment, facilities and capabilities in the cannabinoid space and will ensure it is available to nominate and participate in the Skye Projects and satisfy the Diligence Efforts. All payments shall be sent to: Emerald Health Biotechnology España, S.L.U. Parque Científico ▇▇▇▇▇▇▇▇▇▇▇ ▇▇ ▇▇▇▇▇▇▇ (▇▇▇▇▇▇▇▇▇ ▇▇) Calle Astrónoma ▇▇▇▇▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇▇▇, ▇▇▇▇▇ VAT: ESB14637847 (Wire transfers preferred for sponsored research agreements) – For all payments made by wire transfer, banking information is as follows: Bank Name: BANCO SANTANDER, S.A. Bank Address: Calle Virgen ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ 18, 14004. Córdoba ACH Coordinator: Account Title: Account Type: Account #: ▇▇▇▇ ▇▇▇▇ ▇▇▇▇ ▇▇ ▇▇▇▇▇▇▇▇▇▇ ABA Routing #: SWIFT CODE: ▇▇▇▇▇▇▇▇▇▇▇ CHIPS: Reference: