Board Fee. The Board shall have the right to assess a fee to be paid by the Association for dues deduction and uniform assessments. The fee amount will be negotiated between the parties at the option of the board throughout the term of this contract.
Board Fee. The Borrower agrees to pay to the Board on the Effective Date a fee in the amount of $250,000.
Board Fee. The Board collects a fee based on the assets in each Designated Portfolio (“Board Fee”) to pay for expenses related to oversight and administration of the Trust. If assets in the Plan are $5 billion or less, each Designated Portfolio will bear an annualized fee of 0.01% based on the assets in such Designated Portfolio that is used to pay the Board Fee. However, if assets in the Plan are less than $1 billion, the Board Fee will be an annual fixed fee equal to $100,000, and Wealthfront (not you as the Account Owner through your investment in a Designated Portfolio) will directly pay the portion of the Board Fee equal to the difference between the 0.01% annualized fee for all Designated Portfolios and the annual fixed fee of $100,000. If assets in the Plan are greater than $5 billion, the annualized fee borne by each Designated Portfolio will be reduced below 0.01% based on the assets in such Designated Portfolio such that the entire amount of the fees for all Designated Portfolios equals a fixed annual fee of $500,000, which is paid to the Board as the Board Fee. The following table summarizes the annual Asset-Based and Total Fees for each Designated Portfolio. ANNUAL ASSET-BASED AND TOTAL FEES FOR EACH DESIGNATED PORTFOLIO As of June 15, 2021 Designated Portfolio Underlying ETF (Ticker Symbol) Asset Class Asset-Based Designated Portfolio Fees Asset-Based Account Fee Total Fee5 Underlying ETF Fee1 Ascensus Program Management Fee Board Fee2 Total Asset- Based Designated Portfolio Fee3 Wealthfront Advisory Fee4 T-Bills - Designated Portfolio Short Treasury Bond Portfolio iShares Short Treasury Bond ETF (SHV) US Treasury Bills 0.15% 0.05% 0.01% 0.21% 0.25% 0.46% Bonds - Designated Portfolios Corporate Bond Portfolio iShares iBoxx $ Investment Grade Corp Bond ETF (LQD) US Investment Grade Corporate Bonds 0.14% 0.05% 0.01% 0.20% 0.25% 0.45% Short-Term Inflation Protected Securities Portfolio Vanguard Short--Term Inflation- Protected Securities ETF (VTIP) US TIPS 0.05% 0.05% 0.01% 0.11% 0.25% 0.36% Emerging Markets Bond Portfolio iShares JPMorgan USD Emerging Markets Bond ETF (EMB) Emerging Markets Bonds 0.39% 0.05% 0.01% 0.45% 0.25% 0.70% Stocks - Designated Portfolios REIT Portfolio Vanguard REIT ETF (VNQ) US REITs 0.12% 0.05% 0.01% 0.18% 0.25% 0.43% Dividend Stock Portfolio Vanguard Dividend Appreciation ETF (VIG) US Dividend Growth Stocks 0.06% 0.05% 0.01% 0.12% 0.25% 0.37% Total Stock Market Portfolio Vanguard Total Stock Market ETF (VTI) US Stocks 0.03% 0.05...
Board Fee. In respect of Ordan’s performance of the Board Services, Ordan shall receive (i) an annual retainer in same amount and in the same form as other non-employee independent members of the Board (to be earned so long as he is a member of the Board), and (ii) an additional annual cash retainer of $100,000 in respect of his services as the Non-Executive Chairman of the Board (to be earned so long as he is Non-Executive Chairman of the Board), paid at the same time as the annual retainer described in the preceding clause (i). In recognition of the fact that Board compensation is paid in respect of each year ending on May 28, for the period from the Transition Date through May 28, 2016, Ordan shall receive a pro-rated portion of each component of compensation described in the preceding sentence, paid at a time or times mutually agreed between Ordan and the Board.
Board Fee. Commencing January 1, 2016, Lithia shall pay Director in cash a prorated portion of $210,000 (the cash equivalent of the annual amount currently paid to independent directors) until the Board changes the compensation payable to independent members of the Board. Thereafter, for so long as Director serves as a member of the Board, Lithia shall pay Director the same compensation, in the same form (cash or equity), as Lithia pays to independent directors as the Board determines from time to time.
Board Fee. The Executive will not receive a fee or any other cash compensation as a result of his service on the Board during the Term, however, the stock options previously granted to the Executive in consideration of his service to the Board will continue to vest in accordance with the terms of such stock options. In the event that the Executive’s service with the Company is terminated under this Agreement and he remains on the Board, he shall again be eligible for such fees and other compensation as are applicable to Board members at that time.
