Cash Retainer definition

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, in accordance with the Corporation’s director compensation policy determined by the Board from time to time;

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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

• With the exception of the Cash Retainer, the Representatives may deduct from the net proceeds of the Offering payable to the Company on the Closing Date, or the Option Closing Date, if any, the fees and expenses set forth above to be paid by the Company to the Representatives and others, as agreed to by the Company in writing.

• If I choose to defer the receipt of my cash compensation, I must also complete and return to the Company the attached Cash Retainer Deferral Allocation Form directing how the deferred funds are to be credited.

• If you have elected to defer the settlement of your stock-based annual retainer award under the 2012 LTIP, you do not need to complete this Cash Retainer Deferral Allocation Form unless you are also deferring in whole or in part your annual cash retainer and/or meeting fees.

• The Representative may deduct from the net proceeds of the Offering payable to the Company on the Closing Date and the Option Closing Date, if any, the expenses set forth herein, which are in excess of the Cash Retainer, to be paid by the Company to the Underwriters; provided, however, that in the event that the Offering is terminated, the Company agrees to reimburse the Underwriters pursuant to Section 9.3 hereof.

• As of April 1, 2003, the Company shall pay to Knightsbridge a Monthly Cash Retainer in the amount of $7,500 per month.

More Definitions of Cash Retainer

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 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 the cash component of a Director’s compensation for services on the Board.

Cash Retainer means the cash component of a Director's compensation for services on the Board, payable quarterly in arrears to each Director who served for all or a portion of such quarter.

Cash Retainer means the annual cash retainer payable to a Trustee for Board service, excluding reimbursement of travel and other incidental expenses incurred for the Company’s benefit and in the course of rendering services to the Company.

Cash Retainer. A non-refundable cash retainer is due as follows $10,000 upon the signing of the Agreement (already paid), $10,000 due January 1, 2009 (already paid) $2,500 upon the signing of this Amendment No. 1 $7,500 upon the closing of cumulative Financings of $107,500; $10,000 upon the closing of cumulative Financings of $200,000 The Cash Retainer will be applied against any fees owed to MBA as a result of a successful Financing.