Director Payments definition

Director Payments means payments to directors in an aggregate amount not to exceed $* in any calendar year for all directors in the aggregate.
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Director Payments means, with respect to any Director, the compensation payable in the form of the annual retainer, committee fees or other cash compensation.
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Director Payments means, with respect to any Eligible Director, such Eligible Director’s Cash Compensation and Annual Equity Award.
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Examples of Director Payments in a sentence

  • Xxxxxx Title: Managing Director Payments under the Agreement to CMS shall be made in the first two weeks of the month following the month in which a service is rendered or an expense incurred.

  • Xxxxx Xxxxxxxxxxx Title: Managing Director Payments under the Agreement to CMS shall be made in the first two weeks of the month following the month in which a service is rendered or an expense incurred.

  • Copies of the Aide Memoir are also forwarded to the Director Payments, DMW, EAD for withholding the payments proposed for rescheduling and to the respective policy section of the EAD for information.

  • All written application should be addressed to the Director, Payments System Management Department, Central Bank of Nigeria, Abuja, accompanied by evidence of payments of application fee and other documentary requirements.

  • As of the Effective Date, a Participant may elect to defer up to 100% of his Director Payments.

  • A Director shall become a Participant in the Plan by electing to make a deferral of Director Payments in a Plan Year in accordance with Article III.

  • A Participant may elect to defer Director Payments on or prior to December 31 of the calendar year prior to the calendar year for which such Director Payments would be earned.

  • If (x) a Participant has made an irrevocable election to defer his or her Director Payments, (y) such Director Payments are deferred after the Participant’s Account has started to be distributed, and (z) the Participant had elected to receive installment payments, the additional deferral shall be added to the Participant’s balance in his or her Deferral Subaccount and shall be distributed in accordance with the installment election.

  • Director, Payments System Management Department, Central Bank of Nigeria, Abuja.

  • Subject to the approval of Resolutions 10 to 12 (inclusive), Mr Peter Hutchinson, Mr Faldi Ismail and Mr Nicholas Young have advised that if they elect to receive their respective Director Payments instead of Director Shares, they may apply all or part of these cash payments to subscribe for Shares under the Public Offer, subject to Shareholder approval of the Directors' participation in the Public Offer under Resolutions 5 to 7 (inclusive).

Related to Director Payments

  • Directors Fees means the annual fees paid by any Employer, including retainer fees and meetings fees, as compensation for serving on the board of directors.

  • Bonus Payments means that portion of the bonus payments received by the

  • Director Fees means the total compensation (including annual retainer and meeting fees, if any) paid by the Corporation to a Director in a calendar year for service on the Board;

  • Incentive Payments means any and all federal or state governmental subsidies, payments, transfers or other benefits, whether now or hereafter established, received by the Borrower in any fiscal year aged less than 120 days.

  • Retainer means the annual cash retainer and the additional cash retainer for committee chairs payable to a Director as established from time to time by the Board of Directors; provided, however, that the term “Retainer” shall not include that portion of the annual cash retainer as to which a right exists to make an election under, or for which a prior election is in effect under, the Terms and Conditions Regarding the Grant of Options in Lieu of Cash Directors Fees to Non-Employee Directors Under 2011 Equity Incentive Plan of Manpower Inc. (the “Option Terms”) or the Procedures Governing the Grant of Options to Non-Employee Directors Under the 1994 Executive Stock Option and Restricted Stock Plan of Manpower Inc. (the “Option Procedures”).

  • Service payments means payments to the private entity of a qualifying project pursuant to a service contract.

  • Earn-Out Payments has the meaning set forth in Section 2.3(a).

  • FILOT Payments means the amount paid or to be paid in lieu of ad valorem property taxes as provided herein.

  • Annual Fees means the annual fees charged by the Trustee for services provided as the trustee and paying agent under the Indenture.

  • Earnout Payments has the meaning set forth in Section 2.2(a).

  • Severance Payments shall have the meaning set forth in Section 6.1 hereof.

  • Non-cash compensation means any form of compensation that is not cash compensation, including, but not limited to, health insurance, office rent, office support and retirement benefits.

  • Deferred Sales Charge Payment Dates means the dates specified for deferred sales fee installments under "Investment Summary--Fees and Expenses" in the Prospectus for the Trust.

  • Compensation Payment means a payment, whether in monetary form or in the form of a benefit or service, by or on behalf of an insurer to a complainant to compensate the complainant for a proven or estimated financial loss incurred as a result of the insurer’s contravention, non-compliance, action, failure to act, or unfair treatment forming the basis of the complaint, where the insurer accepts liability for having caused the loss concerned, but excludes any –

  • Deferred Sales Charge means the "deferred sales fee" as described in the Prospectus.

  • Event Payments has the meaning set forth in Section 6.1(d).

  • Incentive Compensation Awards means awards granted under Incentive Compensation Plans providing the Executive with the opportunity to earn, on a year‑by‑year basis, annual and long‑term incentive compensation.

  • Non-Cash Compensation Expense means any non-cash expenses and costs that result from the issuance of stock-based awards, partnership interest-based awards and similar incentive based compensation awards or arrangements.

  • Progress Payments County shall make periodic progress payments consist with the Contract Price on the basis of Contractor's Applications for Payments, as provided in paragraph 5.2.1 below. (Payment pursuant to this Contract shall be made as earned, in whole or in part, from available County funds in an amount not to exceed the contract amount.) 5.2.1 Prior to Contract Completion, unless terminated prior to Completion, progress payments shall occur in an amount equal to:

  • Bonus Compensation shall have the meaning set forth in Section 3(b).

  • Cash Compensation means any discount, concession, fee, service fee, commission, sales charge, loan, override, or cash benefit received by a producer in connection with the recommendation or sale of an annuity from an insurer, intermediary, or directly from the consumer.

  • Deferred Payments means any severance pay or benefits to be paid or provided to Executive (or Executive’s estate or beneficiaries) pursuant to this Agreement and any other severance payments or separation benefits to be paid or provided to Executive (or Executive’s estate or beneficiaries), that in each case, when considered together, are considered deferred compensation under Section 409A.

  • Installment Payments shall have the meaning set forth in Section 5(b)(ii).

  • Special compensation means payment to an adult foster care facility to ensure the provision of a specialized program in addition to the basic payment for adult foster care. Special compensation does not include payment received directly from the Medicaid program for personal care services for a resident, or payment received under the supplemental security income program.

  • Minimum Payments $50 (with respect to all funds in the aggregate.)

  • Termination Payments has the meaning specified in Section 10(a).