Supplemental Quarterly Retainer definition

Supplemental Quarterly Retainer means the quarterly retainer (excluding expenses) payable by the Company to a Non-Employee Director pursuant to Section 5.2 hereof for service as Lead Director or as a chair of a committee of the Board, as such amount may be changed from time to time.
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Supplemental Quarterly Retainer means the quarterly retainer (excluding meeting fees and expenses) payable by the Company to a Non-Employee Director pursuant to Section 5.2 hereof, as such amount may be changed from time to time.
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Examples of Supplemental Quarterly Retainer in a sentence

  • The amount of the Supplemental Quarterly Retainer shall be established from time to time by the Board.

  • Any Non-Employee Director who serves as the chair of a committee of the Board shall be paid a Supplemental Quarterly Retainer, payable quarterly in arrears in January, April, July and October of each Plan Year.

  • The amount of such Supplemental Quarterly Retainer shall be established from time to time by the Board.

  • In addition to the Base Quarterly Retainer and any Supplemental Quarterly Retainer for service as chair of a Board committee, the Lead Independent Director shall be paid an additional Supplemental Quarterly Retainer for service as Lead Independent Director during each Plan Year, payable at the same times as the Supplemental Quarterly Retainer is paid pursuant to Section 5.2(a).

  • Until changed by the Board, the Supplemental Quarterly Retainer for a full Plan Quarter shall be as follows: A prorata Supplemental Quarterly Retainer will be paid to any Non-Employee Director who acquires either of these roles on a date other than the beginning of a Plan Quarter, based on the number of full calendar months served in such position during the Plan Quarter.

  • Any Non-Employee Director who serves as the chair of the Board of Directors or the chair of the Audit Committee of the Board shall be paid a Supplemental Quarterly Retainer, payable at the same time as the Base Quarterly Retainer is paid.

  • A Non-Employee Director may elect to defer (i) any portion of his or her Base Quarterly Retainer, (ii) any portion of his or her Supplemental Quarterly Retainer for service as a Committee Chair, and (iii) any portion of his or her Supplemental Quarterly Retainer for service as Lead Independent Director, pursuant to the Mirant Corporation Deferred Compensation Plan.

  • Until changed by the Board, the special additional Supplemental Quarterly Retainer for the Lead Independent Director for a full Plan Year shall be $5,000.

  • In addition to the Base Quarterly Retainer and any Supplemental Quarterly Retainer for service as chair of a Board committee, the Lead Director shall be paid an additional Supplemental Quarterly Retainer for service as Lead Director during each Plan Year, payable at the same times as the Supplemental Quarterly Retainer is paid pursuant to Section 5.2(a).

  • Until changed by the Board, the meeting fee shall be $1,500 which will be paid at the same times as the Supplemental Quarterly Retainer is paid pursuant to Section 5.2(a).5.4. TRAVEL EXPENSE REIMBURSEMENT.

Related to Supplemental Quarterly Retainer

  • Estimated Incremental Quarterly Tax Amount has the meaning assigned to such term in Section 6.9.

  • 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;

  • Fiscal Year End means December 31 of each calendar year.

  • Deferral Year means each calendar year during which the Director makes, or is entitled to make, Compensation Deferrals under Section 3 hereof.

  • Budget Year means the financial year of the municipality for which an annual budget is to be approved in terms of section 16(1) of the MFMA;

  • Annual Earnings means your gross annual income from your Employer, not including shift differential, in effect just prior to the date of loss. It includes your total income before taxes. It is prior to any deductions made for pre-tax contributions to a qualified deferred compensation plan, Section 125 plan or flexible spending account. It does not include income received from commissions, bonuses, overtime pay or any other extra compensation or income received from sources other than your Employer.

  • Annual Enrollment Period or "Enrollment Period" means the period before each policy anniversary so designated by the Sponsor and Lincoln during which you may enroll for coverage under this policy.

  • Annual Accounting Period or “Financial Year” means the period commence on 1st July and shall end on 30th June of the succeeding calendar year.

  • Quarterly Financial Statements is defined in Section 6.2(a).

  • Fiscal Year means the fiscal year of the Company.

  • Agreement Year means a period of 12 months beginning on the Effective Date and each subsequent anniversary thereof.

  • Planning Period Quarter means any of the following three month periods in the Planning Period: June, July and August; September, October and November; December, January and February; or March, April and May.

  • Quarterly Period means each period of three (3) consecutive months ending on March 31, June 30, September 30, and December 31.

  • Quarterly Report means Servicer’s report to me that includes, among other information, the results of the IRG’s Compliance Reviews for the calendar quarter covered by the report, as required by Paragraph D.1 of Exhibit E;

  • (2) COMMISSION.—The term Commission’ means the Federal Communications Commission.’’

  • Quarterly Payment Date means the last Business Day of each March, June, September and December.

  • Quarterly reporting period means the three-month period covered by each

  • Program Year means the annual period beginning January 1 and ending December 31.

  • Quarterly Valuation Date means the last Business Day of each February, May, August and November of each year commencing on the first such date next following the Date of Original Issue of a series of MTP , except with respect to delivery of Accountant’s Confirmation in which case “Quarterly Valuation Date” shall mean the last Business Day of such of the last Business Days of February, May, August and November in each year as is selected by S&P.

  • School fiscal year means a fiscal year that commences July 1 and continues through June 30.

  • Initial Enrollment Period means one of the following periods during which you may first enroll for coverage under this plan:

  • Extension Election has the meaning set forth in Section 2.16(c).

  • Election Commission means the Election Commission appointed by the President under article 324;

  • NAIC Annual Statement is defined in Section 6.2(a).

  • Academy Financial Year means the academic year from 1st of September to 31st of August of the following year;

  • Quarterly Statement means the quarterly statutory financial statement of any Insurance Subsidiary required to be filed with the insurance commissioner (or similar authority) of its jurisdiction of incorporation or, if no specific form is so required, in the form of financial statements permitted by such insurance commissioner (or such similar authority) to be used for filing quarterly statutory financial statements and shall contain the type of financial information permitted by such insurance commissioner (or such similar authority) to be disclosed therein, together with all exhibits or schedules filed therewith.