Retainer Stock definition

Retainer Stock means any Common Stock issuable pursuant to Section 3 hereof.
Sample 1Sample 2
Retainer Stock means shares of Common Stock granted to an Eligible Director pursuant to Section 6 of the Plan.
Sample 1

Examples of Retainer Stock in a sentence

  • In April 1994, our shareholders approved the Directors’ Retainer Stock Plan (“Stock Retainer Plan”).

  • Retainer Stock Plan For Non-Employee Directors and Consultants" is hereinafter referred to as the "Plan".

  • Non-Employee Directors and Consultants Retainer Stock Plan" and is hereinafter referred to as the "Plan".

  • Retainer Stock Plan for Employees, Directors and Consultants" and is hereinafter referred to as the "Plan".

  • In April 1994, our shareholders approved the Directors’ Retainer Stock Plan ("Stock Retainer Plan").

  • The annual cash retainer payable to the Non-employee Director shall be payable on the second Credit Date of each year, and shall be reduced by the aggregate Fair Market Value of the shares the Non-employee Director receives or defers as the Annual Retainer Stock Grant (excluding any rounding of fractional shares) on the date such Fair Market Value is calculated.

  • This plan shall be known as the "eConnect Retainer Stock Plan For Non-Employee Directors and Consultants" is hereinafter referred to as the "Plan".

  • Non-Employee Directors and Consultants Retainer Stock Plan and is hereinafter referred to as the "Plan".

  • Any Shares granted under the Plan as the Base Cash Retainer under clause (ii) above will be 100% vested and nonforfeitable as of the Base Cash Retainer Stock Grant Date, and the Eligible Participant receiving such Shares (or his or her custodian, if any) will have immediate rights of ownership in the Shares, including the right to vote the Shares and the right to receive dividends or other distributions thereon.

  • The Annual Retainer Shares shall be delivered as soon as practicable following the Annual Retainer Stock Payment Date.

Related to Retainer Stock

  • Deferred Stock Account means a bookkeeping account maintained by the Company for a Participant representing the Participant's interest in the shares credited to such Deferred Stock Account pursuant to Paragraph 7 hereof.

  • Deferred Shares means an award made pursuant to Section 7 of this Plan of the right to receive Common Shares at the end of a specified Deferral Period.

  • Deferred Stock Units means the number of hypothetical Shares subject to an Election.

  • Company Stock Account means the account established and maintained in the name of each Participant or Beneficiary to reflect his share of the Trust Fund invested in Company Stock.

  • Deferred Stock means a right to receive a specified number of shares of Stock during specified time periods pursuant to Article 8.

  • Bonus Stock means shares of Common Stock which are not subject to a Restriction Period or Performance Measures.

  • Deferred Stock Award means Awards granted pursuant to Section 8.

  • DSUs means the outstanding deferred share units issued under the DSU Plan.

  • Share Units means the hypothetical Shares that are credited to the Share Unit Accounts in accordance with Section 5.3.

  • Deferred Stock Unit means a right granted to a Participant under Article 9 to receive Shares (or the equivalent value in cash or other property if the Committee so provides) at a future time as determined by the Committee, or as determined by the Participant within guidelines established by the Committee in the case of voluntary deferral elections.

  • Deferred Share means a Share which by its terms of issue is a deferred share as defined in the Statutes and includes a permanent interest bearing share and a Core Capital Deferred Share;

  • Stock Account means the account maintained on behalf of the Participant by the Custodian for the purpose of holding Stock acquired under the Plan.

  • 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.

  • Deferred Share Unit or “DSU” means a unit equivalent in value to a Share, credited by means of a bookkeeping entry in the books of the Corporation in accordance with Article 7;

  • Stock Unit Account means the bookkeeping account established by the Company pursuant to Section 6.4.

  • Restricted Share Units means an Award which may be earned in whole or in part upon the passage of time or the attainment of performance criteria established by the Administrator and which may be settled for cash, Shares or other securities or a combination of cash, Shares or other securities as established by the Administrator.

  • Restricted Stock Units means an Award of stock units subject to such restrictions and conditions as the Administrator may determine at the time of grant.

  • Restricted Share Unit Award means a right to receive Ordinary Shares which is granted pursuant to the terms and conditions of Section 6(b).

  • Company Stock means, collectively, the Company Common Stock and the Company Preferred Stock.

  • Bonus Shares means Shares that are awarded to a Grantee without cost and without restrictions in recognition of past performance (whether determined by reference to another employee benefit plan of the Company or otherwise) or as an incentive to become an employee of the Company or a Subsidiary.

  • Bonus Stock Award means an award of Bonus Stock under this Plan.

  • 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;

  • Restricted Share Award means an award of Restricted Shares.

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

  • Restricted Stock Unit Award means a right to receive shares of Common Stock which is granted pursuant to the terms and conditions of Section 6(b).

  • Stock Units means investment units under the Deferred Delivery Plan, each of which is deemed to be equivalent to one share of Stock.