Annual Retainer Amount definition

Annual Retainer Amount means the annualized value of the Retainer to which a Director is entitled under this Plan as of any particular time.
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Annual Retainer Amount means the dollar amount of the aggregate annual retainer payable by the Corporation to a Director for service as a member of the Board of Directors (excluding any retainer amount for service on committees of the Board of Directors), as it may be established from time to time.
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Annual Retainer Amount means, in respect of an Eligible Director for a calendar year, the aggregate of all annual retainer amounts (including, if applicable, annual retainers in respect of membership in and chairing any committee of the Board of Directors) which would be payable by the Company in cash to such Eligible Director in respect of such Eligible Director’s service as a director of the Company in such calendar year;
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Examples of Annual Retainer Amount in a sentence

  • Such election must be made by no later than December 15th of the calendar year preceding the calendar year to which such Annual Retainer Amount relates.

  • In the event that an Eligible Director does not duly complete and deliver such an election within the time prescribed for any calendar year, such Eligible Director shall be deemed not to have elected to defer any portion of the Annual Retainer Amount for such calendar year into Deferred Share Units.

  • To elect the deferral of any portion of their Annual Retainer Amount into Deferred Share Units as contemplated in Section14.1, an Eligible Director shall complete and deliver to the Corporate Secretary of the Company a written election in the form attached as Error! Reference source not found.

  • As a result, the minimum shareholding requirements, consisting of Shares and/or Deferred Shares, for the Chair of the Board and the other Directors as of the date of this Circular is as follows: Annual Retainer Amount Board CommitteesThe Board fulfills its role directly and through committees to which it delegates certain responsibilities.

  • Annual FeesEach Non-Employee Director serving on the Board of Directors and the Audit Committee, Compensation Committee and/or Nominating and Governance Committee, as applicable, shall be entitled to the following annual amounts (the “Annual Fees”): Board of Directors or Committee of Board ofDirectors Annual Retainer Amount for Member Except as otherwise set forth in this Policy, all Annual Fees shall be paid for the period from January 1 through December 31 of each year.

  • AIRSIDE, TERMINAL AND LANDSIDE MODELING ANALYSESa. Collect, review, validate and supplement, as necessary, the planning parameters needed for modeling analyses based on information provided by the Authority.

  • An Eligible Director shall deliver no more than one election in respect of their Annual Retainer Amount for any calendar year and, once delivered to the Corporate Secretary of the Company in accordance with this Section 14.2, the election shall be irrevocable for such calendar year.

  • Procurement of Motor VehicleIncluded in the transfer to other government units’ expenditure of Kshs.28,850,000 is an amount of Kshs 9,450,000 which was paid for the purchase of a motor vehicle.

  • As a result, the minimum shareholding requirements, consisting of Shares and/or Deferred Shares, for the Chair of the Board and the other Directors as of the date of this Circular is as follows: Annual Retainer Amount Environmental, Social and Governance (ESG) MattersThe Board understands effective management of ESG matters is both consistent with the Corporation’s core values and critical to its long-term success.

Related to Annual Retainer Amount

  • 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;

  • Annual Deferral Amount means that portion of a Participant's Base Annual Salary and Annual Bonus that a Participant elects to have, and is deferred, in accordance with Article 3, for any one Plan Year. In the event of a Participant's Retirement, Disability (if deferrals cease in accordance with Section 8.1), death or a Termination of Employment prior to the end of a Plan Year, such year's Annual Deferral Amount shall be the actual amount withheld prior to such event.

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

  • 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.

  • Deferral Amount means the sum of all of a Participant's Annual Deferral Amounts.

  • Current Annual Compensation means the greater of:

  • Annual Cash Compensation means the sum of (a) the highest annual Base Salary in effect for the Executive and (b) the greater of (i) the Executive’s bonus for the most recently-completed year (excluding any special bonuses awarded for performance after the conclusion of the performance period), if any, or (ii) the annualized amount of the Executive’s target bonus for the then current year.

  • 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.

  • 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;

  • Deferred Amount With respect to any Distribution Date and each Class of the Subordinate Certificates, the amount by which (x) the aggregate of Applied Loss Amounts previously applied in reduction of the Class Principal Amount thereof exceeds (y) the sum of (1) the aggregate of amounts previously reimbursed in respect thereof and (2) the amount by which the Class Principal Amount of such Class has been increased due to any Subsequent Recovery.

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

  • Grant Amount or “Grant” means the total amount of financial assistance disbursed under this Agreement, which consists of the City's Amount and the Consultant’s Amount.

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

  • Cash Compensation means any discount, concession, fee, service fee, commission, sales charge, loan, override, or cash benefit received by a producer in connection with the recommendation or sale of an annuity from an insurer, intermediary, or directly from the consumer.

  • Annual Compensation means an amount equal to the greater of:

  • 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”).

  • Eligible Compensation means, with respect to each Participant for each pay period, the full salary and wages paid to such Participant by the Company or a Participating Subsidiary, including commissions, bonuses (to the extent not excluded below), overtime pay and shift differentials. Except as otherwise determined by the Committee, “Eligible Compensation” does not include

  • Annual Contribution means the annual payment to the Fund made by each Member in return for Coverage by the Fund for a Fund Year;

  • Annual Fees means the annual fees determined by the Council in terms of section 27;

  • Maximum Basic Grant Amount’ has the same meaning as set out in item 1 of Schedule 1 of HESA; ‘National Law’ means (a) for a state or territory other than Western Australia – the Health Practitioner Regulation National Law as set out in the Schedule to the Health Practitioner Regulation National Law Act 2009 (Qld) as it applies (with or without modification) as a law of the State or Territory; and (b) for Western Australia – the legislation enacted by the Health Regulation National Law (WA) Xxx 0000 that corresponds to the Health Practitioner Regulation National Law;

  • Monthly Earnings means your gross monthly income from your Employer, not including shift differential, in effect just prior to your date of disability. 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.

  • Incentive Pay means an annual amount equal to the aggregate annual bonus, in addition to Base Pay, made or to be made in regard to services rendered in any calendar year or performance period pursuant to any bonus plan of the Company.

  • Eligible Earnings means the Grantee's base salary (prior to any deferrals under a cash or deferred compensation plan sponsored by the Corporation or an Affiliate) paid during the Plan Year. From time to time the Plan Administrator may, in its sole discretion, establish rules for determining the amounts of Eligible Earnings for employees who become Grantees other than on the first day of a Plan Year as well as any reduction of Eligible Earnings as a result of paid leave of absences.

  • Annual Fixed Dividend Rate means, for any Subsequent Fixed Rate Period, the annual rate (expressed as a percentage rate rounded down to the nearest one hundred-thousandth of one percent (with 0.000005% being rounded up)) equal to the sum of the Government of Canada Yield on the applicable Fixed Rate Calculation Date plus 2.16%.