Chairman Fee definition

Chairman Fee means the fee, if any, payable in cash or under this Plan to an Eligible Director for service as the Chairman of a committee of the Board.
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Chairman Fee means the fee, if any, payable to an Eligible Director for service as the Chairman of a committee of the Board.
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Examples of Chairman Fee in a sentence

  • The Chairman Fee shall be paid in equal quarterly installments beginning January 1, 2007.

  • There shall be no tax withholdings taken from any Chairman Fee or Additional Fees paid to Chairman pursuant to this Agreement (including, without limitation, FICA, state and federal unemployment compensation contributions, and state and federal income taxes), and Chairman shall pay, when and as due, any and all taxes incurred as a result of his compensation pursuant to this Agreement.

  • The Chairman Fee shall be pro-rated for any period of less than one full year of Board Services.

  • The Executive Chairman Fee is inclusive to secure the Executive Chairman’s availability to provide and for all Services provided by the Executive Chairman as described and limited in Section 1 of this Agreement.

  • The Executive Chairman agrees in consideration for the Executive Chairman Fee to be available to provide and provide up to, and no more than, an average of thirty-two (32) hours per month of Services to the Company each calendar quarter.

  • The Chairman Fee shall be pro-rated for any period of less than one full year of Board Services, including a pro-rated amount for the period November 1 – December 31, 2006.

  • The Board of Directors, in its discretion, may permit or require an Eligible Director to defer a portion or all of his or her Annual Fee or Chairman Fee into Deferred Stock Units (rounded to the nearest hundredth) equal to the amount deferred divided by the Fair Market Value.

  • The remainder of the Chairman Fee will be comprised of that number of shares of NCM time-based restricted stock (to vest 12 months after the grant date) equal to (a) $270,000 divided by (b) the closing price of one share of NCM common stock on January 20, 2016; provided, however, that no fractional shares shall be issued.

  • Because you will be an independent contractor and not an employee after the Separation Date, the Consulting Fee and the Chairman Fee are not subject to withholding for Social Security, unemployment, Medicare, federal, state or local income or other taxes, and all taxes and other legally required payments shall be your sole responsibility.

  • The remainder of the Chairman Fee will be comprised of that number of shares of NCM time-based restricted stock equal to (a) $270,000 divided by (b) the closing price of one share of NCM common stock on January 19, 2017; provided, however, that no fractional shares shall be issued.