Annual Cash Retainer definition

Annual Cash Retainer means the annual cash retainer fee, in such amount as is established from time to time by resolution of the Board, payable to a Non-Employee Director for his or her services as a director of the Company.

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Annual Cash Retainer means that portion of a Director’s Annual Retainer payable in cash.

Annual Cash Retainer means the portion of the annual retainer that is normally paid in cash to Eligible Directors for service as a member of the Board. Annual Cash Retainer shall not include the portion of the retainer that is paid in equity but for this Plan or for services as a committee chair or for attending meetings of the Board or committees of the Board.

Examples of Annual Cash Retainer in a sentence

The Annual Cash Retainer will be paid in quarterly payments in arrears promptly following the end of each calendar quarter.
The following is a summary of the anticipated cash compensation program for our non-employee members of the DMRC board of directors: Annual Cash Retainer $ 40,000 Initial Restricted Stock Grant (New/Initial Director) $ 40,000 Annual Restricted Stock Grant (Continuing Director) $ 40,000 67 COMPENSATION DISCUSSION AND ANALYSIS This Compensation Discussion and Analysis describes the compensation policy we expect to apply to our named executive officers with respect to fiscal 2008.
You acknowledge that the Company will not be responsible for the payment of any federal or state taxes that might be assessed with respect to the Annual Cash Retainer and the Option and you agree to be responsible for all such taxes.
The Annual Cash Retainer is reduced from $600,000 to $480,000 effective October 30, 2008, and the Annual Cash Retainer is further reduced from $480,000 to $420,000 effective January 1, 2010.
Fee Type: ☒ Annual Stock Retainer ☐ Annual Cash Retainer Vesting Schedule: The Shares shall be fully vested upon grant.

More Definitions of Annual Cash Retainer

Annual Cash Retainer means the basic annual retainer (including any additional fees for serving as a chairperson of the Board or a committee thereof, but excluding any meeting fees), to the extent otherwise payable in cash, payable to a Non-Employee Director for services as a member of the Board.

Annual Cash Retainer means the annual cash retainer fee paid to non-employee Directors without regard to (a) fees for service as a presiding or lead director, (b) fees for service as a committee member or chair, (c) meeting fees and/or (d) fees for any other activity undertaken as a Director on behalf of the Company which is not in the ordinary course of business.

Annual Cash Retainer means the annual cash retainer fee payable during the Plan Year by the Corporation, or a subsidiary or affiliate thereof, to a Director for his or her services as a Director. To the extent a Director is also entitled to receive an additional retainer as compensation for serving as the chairperson of a committee of the Board, “Annual Cash Retainer” shall include such additional annual cash amount.

Annual Cash Retainer means that portion of the annual retainer fee payable in cash by the Company to a Non-Employee Director for services as a director of the Company, as such amount may be changed from time to time.

Annual Cash Retainer means the amount which a Non-Employee Director will be entitled to receive in the form of cash for serving as a director in a relevant Director Plan Year, including the aggregate amount of annual cash retainer fees, fees associated with service on committees of the Board or attendance at meetings of the Board or applicable committees of the Board, and any other cash compensation or fees with respect to any other services to be provided to the Company or the Board, including but not limited to Board leadership services.

Annual Cash Retainer means 50% of an Eligible Director’s Total Annual Retainer, which amount shall, unless otherwise determined by the Board or a committee thereof, be payable in arrears in four equal Quarterly installments;

Annual Cash Retainer means the amount payable annually to an Eligible Director in cash for his or her services as a member of the Board and its committees during the Company's fiscal year. Such amount shall be determined from time to time by the Board. The Annual Cash Retainer shall be paid to an Eligible Director or credited to the Eligible Director's Account, as the case may be, on a quarterly basis in arrears in accordance with policies adopted by the Board.