Annual Board Retainer definition

Annual Board Retainer means the annual retainer paid by the Corporation to a director in a Fiscal Year for service on the Board, together with Board committee fees, attendance fees and additional fees and retainers to committee chairs;

Annual Board Retainer means the annual retainer paid by the Corporation to a director in a calendar year for service on the Board, including Board committee fees, attendance fees and additional fees and retainers to committee chairs; provided that, for greater clarity, "Annual Board Retainer" shall not include any amounts paid as a reimbursement or allowance for expenses;

Annual Board Retainer means the annual retainer fee to be paid to a Director for service on the Board for a given Director Year.

Examples of Annual Board Retainer in a sentence

• The amount of the Annual Board Retainer Fee shall be as determined from time to time in the sole discretion of the Board of Directors of the Company (the “Board”), with such amount currently set at Sixty-Five Thousand Dollars ($65,000) per year.

• This amount is in addition to the Annual Board Retainer Fee set forth in Section 3.1.

• Each new, non-employee director who joins the Board will be granted Equity in the same form of Equity as the Annual Equity Award most recently granted to the Company’s continuing directors and with a fair value on the date of grant equal to the amount of the Annual Board Retainer, plus the amount of any applicable Additional Retainers (other than any Additional Retainer for the Board Chair) (the “New Director Equity Award”).

• Notwithstanding the foregoing, an Annual Board Retainer Equity award will vest in full in the event that the Company is subject to a Change in Control or in the event of the director’s death.

• Each Annual Board Retainer Equity award will be granted on the date of the Company’s annual meeting of stockholders and will vest in full on the date of the next annual meeting of stockholders, provided that the director has served continuously as a member of the Board during the vesting period.

More Definitions of Annual Board Retainer

Annual Board Retainer means the annual cash retainer payable by the Corporation to a Director in a financial year for service on the Board and any committee of the Board, but excludes other retainers and fees (including, without limitation, any Chair Retainer and Meeting Fees).).

Annual Board Retainer means the annual retainer paid by the REIT to a Trustee in a calendar year for service on the Board, together with Board committee fees, attendance fees and additional fees and retainers to committee chairs;

Annual Board Retainer means the annual retainer paid by the Corporation to a director in a calendar year for service on the Board;

Annual Board Retainer means, for any Director, the annual fee paid by the Corporation to such Director for service on the Board (including the fee payable for service as Chair of the Board) but excluding, in each case, fees for chairmanship of any committee of the Board, fees paid on a per meeting basis in respect of attendance at meetings and travel fees.

Annual Board Retainer means the Canadian dollar equivalent of the aggregate basic annual remuneration paid by the Corporations to a Director for service on the Boards during a calendar year, together with Board committee fees and retainers to committee chairs, but excluding Attendance Fees.

Annual Board Retainer means the annual retainer paid by the REIT to a Trustee in a calendar year for service on the Board and committees of the Board in that particular calendar year but not including attendance fees or any other additional fees or any expense disbursements;

Annual Board Retainer means the amount payable to a Non-Employee Director for service as a member of the Board for a calendar year, which amount may be modified from year to year, but excludes any amount payable to a Non-Employee Director for service as a member of a committee of the Board.