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.
Appears in 3 contracts
Samples: Chairman Agreement (AIT Therapeutics, Inc.), Chairman Appointment Agreement (AIT Therapeutics, Inc.), Chairman Appointment Agreement (Advanced Inhalation Therapies (AIT) Ltd.)
Annual Retainer. Commencing on the effective date of the IPO, AIT will pay Bentsur Xxxx an Annual Retainer at the annualized rate of $75,00040,000. The Annual Retainer shall be paid in equal installments not less often than monthly.
Appears in 2 contracts
Samples: Board Member Agreement (AIT Therapeutics, Inc.), Board Member Agreement (AIT Therapeutics, Inc.)
