Lead Director Retainer definition
Lead Director Retainer means a cash retainer for services as the lead director of the Board.
Lead Director Retainer means the annual retainer payable by the Company to a Non-employee Director pursuant to Section 7(c) hereof for service as the lead director of the Board, as such amount may be fixed from time to time by resolution of the Board.“Non-employee Director” means a director of the Company who is not an employee of the Company or of any of its subsidiaries or affiliates.
Examples of Lead Director Retainer in a sentence
TO DEFER receipt of 100% of the Annual Lead Director Retainer that is otherwise payable to me, and to credit such amount to my Cash Account.