Director Retainer Fee definition

Director Retainer Fee means the annual retainer paid to a Director for his or her service on the Board (which amounts shall not include any fees payable to a Director for his or her attendance at any Board or committee meetings), net of all required or authorized deductions other than amounts deducted pursuant to the Plan.
View Source
Director Retainer Fee means the monthly fee paid to a Director for serving on the Sole Managing Member’s Board of Directors; and shall be the sole amount of compensation eligible for deferral to the Plan.
View Source

Examples of Director Retainer Fee in a sentence

  • Any investments in the ▇▇▇▇▇▇▇ Director Retainer Fee Plan following the applicable Relevant Time will be made solely in RRD Common Stock.

  • Following the applicable Relevant Time, RRD shall retain sole responsibility for all benefits accrued prior to such Relevant Time, and any Assets and Liabilities for the ▇▇▇▇▇▇▇ Director Retainer Fee Plan and neither LSC nor Donnelley Financial shall have any obligation with respect thereto as of the applicable Relevant Time.

  • Prior to the Relevant Time, RRD shall cause the rabbi trust underlying the ▇▇▇▇▇▇▇ Director Retainer Fee Plan to be amended to provide that as soon as practicable following the LSC Distribution and the Donnelley Financial Distribution, the trustee shall sell any LSC Common Stock and Donnelley Financial Common Stock in such trust in the open market and shall use the proceeds of such sales to purchase RRD Common Stock.

  • Each Award (other than a Non-Employee Director Retainer Fee Award) granted under the Plan shall be evidenced by an Award Agreement which shall contain such provisions as the Administrator may in its sole discretion deem necessary or desirable and which are not in conflict with the terms of the Plan.

  • To accomplish such purposes, the Plan provides that the Company may grant Restricted Stock, Restricted Stock Units, Performance Awards, and Non-Employee Director Retainer Fee Awards or any combination of the foregoing.

  • The maximum number of shares of Stock with respect to which Awards (other than Non-Employee Director Retainer Fee Awards) may be granted during any calendar year to any Non-Employee Director shall be 4,000 (as adjusted pursuant to the provisions of Section 1.04(c)).