Cash Retainer definition

Cash Retainer means the portion of the Retainer which is payable in cash.
Cash Retainer means the designated annual cash retainer, paid quarterly, for Non-Employee Directors established from time to time by the Board as annual compensation for services rendered, exclusive of compensation for service as a member of any committee designated by the Board or in connection with any meeting of the Board or special assignment, and exclusive of reimbursements for expenses incurred in performance of service as a Director.

Examples of Cash Retainer in a sentence

  • Annual Cash Retainer Each Outside Director will be paid an annual cash retainer of $40,000.

  • Both the Annual Cash Retainer and Lead Director Retainer shall be paid quarterly in arrears.

  • Each Eligible Participant shall be paid a Base Annual Cash Retainer for service as a director during each Plan Year.

  • Annual Cash Retainer Each Outside Director will be paid an annual cash retainer of $30,000.

  • The amount of the Base Annual Cash Retainer shall be established from time to time by the Board.


More Definitions of Cash Retainer

Cash Retainer means the retainer fees payable in cash to a Participant as a member of the Board or Lead Director and as a member or chair of a committee of the Board;
Cash Retainer means that portion of an Independent Director’s annual Fiscal Year retainer for services on the Board of Directors on Hovnanian Enterprises, Inc. or a committee thereof which is payable in cash under any Hovnanian Enterprises, Inc. or Company non-employee director compensation plan. An Independent Director’s Cash Retainer is generally payable during the January of the Fiscal Year in which the related service on the Board of Directors of Hovnanian Enterprises, Inc. is performed (e.g., a Cash Retainer for services performed during the November 1, 2011 – October 31, 2012 Fiscal Year is generally payable during January 2012).
Cash Retainer means with respect to a Non-employee Director the amount of the annual cash retainer payable to such Non-employee Director from time to time by the Company for service as a director. To be entitled to such amount for any Stock Grant Period, a Non-employee Director must be serving as such on the Retainer Credit Date for such Stock Grant Period; provided, however, that in the event a person becomes in a Stock Grant Period a Non-employee Director subsequent to such Retainer Credit Date, such Non-employee Director, on the Credit Date next following his or her becoming such, shall receive a cash retainer equal to one-twelfth of the full annual cash retainer payable to each other Non-employee Director as of the Retainer Credit Date for such Stock Grant Period, multiplied by the number of whole calendar months remaining in such Stock Grant Period following the date he or she becomes a Non-employee Director.
Cash Retainer means the designated annual cash retainer, paid quarterly, for Non-Employee Directors established from time to time by the Board as annual compensation for services rendered, exclusive of compensation for service as a member of any
Cash Retainer means the cash retainer payable by the Corporation to a Director in a financial year for service on the Board and for acting as the chair of the Board or of one or more committees of the Board, which amount shall be determined from time to time by the Board and set forth in or calculated pursuant to the Compensation Policy, but excludes other fees (including, without limitation, any Equity Component Compensation or Discretionary Grant), and in the case of a U.S. Taxpayer, for purposes of the Plan, will be denominated in U.S. Dollars.
Cash Retainer means the regular retainer payment paid to a Director. Cash Retainer shall not include meeting fees or committee fees or other forms of compensation which are not considered a regular component of a Director's retainer.