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;
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.
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).
Examples of Cash Retainer in a sentence
Annual Cash Retainer Each Outside Director will be paid an annual cash retainer of $40,000.
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.
A prorata Supplemental Cash Retainer will be paid to any Eligible Participant who is elected by the Board to a position eligible for a Supplemental Cash Retainer on a date other than the beginning of a Plan Year, to reflect the actual number of days served in such eligible capacity during the Plan Year.
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 the portion of a Retainer which is payable in cash.
Cash Retainer means the portion of the Retainer which is payable in cash.
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 immediately prior to the beginning of such Stock Grant Period; provided, however, that (i) in the event a person becomes in a Stock Grant Period a Non-employee Director subsequent to such Retainer Credit Date but prior to May 1, such person shall receive the full annual cash retainer on the next Credit Date; or (ii) in the event a person becomes a Non-employee Director subsequent to May 1, 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 $10,000 per month or such other amounts decided as mentioned in Clause 6.3, commencing after fund raising of such amount as has been approved by 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.