Lead Director Retainer definition

Lead Director Retainer means a cash retainer for services as the lead director of the Board.
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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.
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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.

  • In addition to the Annual Retainer provided for in Section 7(a), the Lead Director shall be entitled to a Lead Director Retainer of $75,000, the Audit Committee Chair shall be entitled to a Committee Retainer of $50,000; the Compensation Committee Chair shall be entitled to a Committee Retainer of $25,000 and the Nominating and Governance Committee Chair shall be entitled to a Committee Retainer of $25,000.

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

  • Each person who first becomes lead director on a date other than an annual meeting date shall be paid a pro-rata Lead Director Retainer.

  • Following the standard approach for business cycle analysis, we assigned a cycle phase to each quarter in the sample: recession, recovery, expansion and contraction.

  • The amount and form of the Lead Director Retainer shall be fixed from time to time by resolution of the Board.

  • The amount of the Lead Director Retainer Fee shall be as determined in the sole discretion of the Board, with such an amount initially set at Twenty-Five Thousand Dollars ($25,000.00) per year until such time as the Board adjusts such amount.

  • Pappas served as: (i) Lead Director until May 7, 2020, after which he served as Board Chair, and received a pro‐rated portion of the Lead Director Retainer and the Board Chair Retainer for such service in addition to his Annual Cash Retainer; and (ii) Chair of the Governance & Corporate Responsibility Committee from January 1, 2020 to October 29, 2020 and received a pro‐rated portion of the Governance & Corporate Responsibility Committee Chair Retainer for such service .

  • A Non-Employee Director may defer all or any portion of any unpaid Cash Retainer Fees, Lead Director Retainer Fees, Committee Chairperson Retainer Fees, and Combined Retainer Fees (“Deferrable Fees”).

  • Practice educators are required to use a range of assessment methods and sources of evidence on which to base their assessment of the student’s developing capability.

Related to Lead Director Retainer

  • Lead Director means, at any given time, the lead, independent member (if any) elected as such by the Board and occupying such position.

  • 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”).

  • Annual Retainer for a particular Director means the retainer (including any additional amounts payable for serving as lead Director or on any committee of the Board), payable to that Director for serving as a Director for the relevant Remuneration Period, as determined by the Board;

  • 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.

  • Eligible Directors means, with respect to a Regulated Fund and a Potential Co-Investment Transaction, the members of the Regulated Fund’s Board eligible to vote on that Potential Co-Investment Transaction under Section 57(o) of the Act (treating any registered investment company or series thereof as a BDC for this purpose).

  • Retainer Fee means a fee charged by a retainer health care

  • Nonemployee Director means a Director who is not an Employee.

  • Eligible Director means a person who is (i) a “non-employee director” within the meaning of Rule 16b-3 under the Exchange Act, and (ii) an “outside director” within the meaning of Section 162(m) of the Code.

  • 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;

  • Committee Chair means the Chair of a Committee;

  • Employee Director means a member of the Board of Directors of the Company that is also an Employee of the Company.

  • Board Chair means the chair of the Board;

  • Nonemployee Director Award means any Award granted to a Nonemployee Director.

  • Director Award means the grant of any Award (other than an Incentive Stock Option), whether granted singly, in combination, or in tandem, to a Participant who is a Director pursuant to such applicable terms, conditions, and limitations established by the Board.

  • Management Director means a Person selected in accordance with Article IV of this Agreement who shall have the powers and duties to manage the business and affairs of the Company and exercise its powers to the extent set forth in this Agreement, the Certificate and the Act. Each Management Director shall be a “manager” of the Company within the meaning of the Act.

  • Director Option means an Option granted pursuant to Section 6.

  • shadow director means, in relation to a company, any person in accordance with whose directions or instructions the directors of the company are accustomed to act, but the person is not deemed to be a shadow director by reason only that the directors act on advice given by that person in a professional capacity; and

  • Annual Award means the cash payment paid or payable to the Executive with respect to a fiscal year under the Corporation's Incentive Compensation Performance Plan.

  • Performance Compensation Award means any Award designated by the Committee as a Performance Compensation Award pursuant to Section 11 of the Plan.

  • Executive Team means certain senior executives, including members of management covered by Rule 16(b) under the Securities and Exchange Act of 1934, designated by the Committee as the key executive management of the Company, CVI and CSI.

  • Compensation Committee means the Compensation Committee of the Board.

  • Annual Bonus shall have the meaning set forth in Section 4(b) hereof.

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

  • Nomination and Remuneration Committee means a Committee of Board of Directors of the Company, constituted in accordance with the provisions of Section 178 of the Companies Act, 2013 and the Listing Agreement.

  • Alternate Director means a person elected or appointed to serve, as the occasion requires, as a member of the board of a company in substitution for a particular elected or appointed director of that company;

  • Performance Year means the calendar year prior to the year in which an Annual Award is made by the Committee.