Second Component definition

Second Component means the balance, if any of the Fee (after reduction for the First Component) payable to a Director in cash.

Second Component means the balance, if any of the Fee (after reduction for the First Component) payable to a Director in cash. "Shares" means shares of Common Stock.

Second Component means the balance of the Retainer payable to a Director (after reduction for the First Component) and that is (1) payable in cash or (2) by crediting an amount to a Deferral Account maintained for the Director.

Examples of Second Component in a sentence

• The balance of the Fee (defined above as the "Second Component"), if any, shall be payable to the Director in cash.

• Each quarterly installment will consist of one-fourth of the First Component and one- fourth of the Second Component, if any, for each Director.

• Each such installment shall be payable in arrears on each Compensation Date and consist of one-fourth of the Second Component.

• Each quarterly installment will consist of one-fourth of the First Component and one-fourth of the Second Component, if any, for each Director.

• The Second Component is based on the following percentages of the Bonus Pool: Second Component - 25% for Categories I, II and III and 50% for Categories IV and V of the Bonus Pool will be available to be allocated to Eligible Personnel based upon individual performance.

• A Director’s election shall separately specify the percentage or amount, if any, of the First Component and Second Component to be deferred to the Director’s Share Deferral Account and the percentage or amount, if any, of the Second Component to be deferred to the Director’s Cash Deferral Account.

• The Second Component, if any, shall be payable to the Director in cash.

• A second payment component hereinafter (Second Component) will be for exclusive rights to Dynamic Hearing Technology as such exclusive rights are defined herein.

• The Second Component of the Retainer shall be payable in equal quarterly installments during the Plan Year.

• With respect to any First Component or Second Component to be paid on a quarterly basis, the number of Shares to be issued on any Compensation Date shall equal one-fourth of the amount of the Retainer to be paid in Shares for the Plan Year divided by the Fair Market Value on the Compensation Date.

More Definitions of Second Component

Second Component means $188,679 per month. "Termination Date" has the meaning set forth in Section 3.1. "Utilities Agreement" means the Utilities Agreement dated as of June 16, 2000 by and between Green Tree and the Aqualon Company, a division of Hercules. 2.

Second Component has the meaning specified in Section 10.2(ii).

Second Component means the balance, if any of the Fee (after

Second Component means, as determined by the Board, the portion of the Retainer that is payable at the election of the Director in cash or Shares and which may be deferred at the Director’s election to a Director’s Cash Deferral Account or Share Deferral Account.