Board Retainer definition
Examples of Board Retainer in a sentence
TO DEFER receipt of 100% of the Annual Board Retainer that is otherwise payable to me, and to credit such amount to my Cash Account.
TO DEFER receipt of 50% of the Annual Board Retainer that is otherwise payable to me, and to credit such amount to my Share Unit Account.
In consideration of the professional services to be rendered hereunder, Ixion will pay Consultant fees including five thousand shares of Ixion common stock, pursuant to the company's Board Retainer Plan, upon election to the Scientific Advisory Board, vesting at the rate of 1,250 shares per quarter.
H▇▇▇▇ shall also receive her Bancorp Board Retainer Fee for the fourth quarter of 2009 in the amount of $2500.00.
Board Retainer $150,000(1) Committee Chair Retainer: Audit Committee .
TO DEFER receipt of 50% of the Annual Board Retainer that is otherwise payable to me, and to credit such amount to my Cash Account.
TO DEFER receipt of 100% of the Annual Board Retainer that is otherwise payable to me, and to credit such amount to my Share Unit Account.
An annual Board Retainer, before deducting any applicable withholdings, of no less than $500,000 (the “Annual Retainer”).
Thereafter, and for so long as Consultant remains a member of the Scientific Advisory Board, Ixion will pay fees pursuant to the Board Retainer Plan (presently 1,000 shares per year) and the Stock Option Plan (presently options for 2,500 shares per year), as determined by the Audit and Benefits Committee of Company's Board of Directors from time to time.