Retainer Payment Date definition

Retainer Payment Date means, with respect to any Retainer, the date as of which an Eligible Director becomes entitled to payment of Retainer.

Retainer Payment Date means June 1 of each calendar year, commencing June 1, 2003, or if June 1 of any year is not a day on which the New York Stock Exchange is open for trading, the Retainer Payment Date for such year shall be the first day thereafter on which the New York Stock Exchange is open for trading.

Retainer Payment Date means the first business day of the Company's calendar quarter.

Examples of Retainer Payment Date in a sentence

• Certain communicable diseases must also be reported to the local health department and State Licensing.

• Accordingly, if the number of shares otherwise issuable to an Eligible Director on any Retainer Payment Date is not a whole number, the number will be rounded down to the nearest whole number, and any fractional share otherwise issuable will be paid in cash.

• Certain Federal Income Tax Consequences Each Eligible Director will, for Federal income tax purposes, be required, for each Annual Retainer received, to include in his or her taxable income (as ordinary compensation income) for the year in which the Annual Retainer is paid the amount of cash received plus the value of the Quaker common stock received on the Retainer Payment Date.

• The Shares subject to the Stock Award shall be delivered to the Non-Employee Director on or promptly following the applicable Cash Retainer Payment Date.

• Notwithstanding subsection (a) above, with respect to any Retainer Payment Date that occurs prior to the Effective Date, payment of 50% of the Retainer of each Participant shall be in the form of that number of Common Stock Units that results from dividing (i) 50% of the Retainer by (ii) the Fair Market Value on such Retainer Payment Date.

More Definitions of Retainer Payment Date

Retainer Payment Date means the 25th day of the month preceding the month for which the retainer is due or, if such date is not a business day, the next succeeding business day.

Retainer Payment Date means, with respect to any Retainer, the date as of which an Eligible Director becomes entitled to payment of Retainer; provided, however, that in the event such date is a date other than the date of the Annual Meeting, the Retainer Payment Date shall be the first day of the calendar month following the month in which such Eligible Director becomes entitled to the payment of such Retainer.

Retainer Payment Date means June 1 of the applicable calendar year, or if June 1 of any year is not a day on which the New York Stock Exchange is open for trading, the first day thereafter on which the New York Stock Exchange is open for trading.

Retainer Payment Date means the quarterly dates on which the Outside Directors' Retainer is paid.

Retainer Payment Date means the quarterly dates on which the Non-Employee Directors' Retainer is paid.

Retainer Payment Date means the last day of the month immediately following each calendar quarter (i.e., April 30, July 31, October 31 and January 31).

Retainer Payment Date means, with respect to any Retainer, the date on which such Retainer is payable to an Eligible Director.