Final Retainer definition

Final Retainer means the annual rate of cash retainer payable to an Outside Director as of the earlier of the last date served as an Outside Director or December 31, 2004.
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Final Retainer means the annual rate of cash retainer payable to an Outside Director as of the last date served as an Outside Director."
Sample 1

Examples of Final Retainer in a sentence

  • ORDER approving Pay Application No. 3 Final (Retainer) to Tony Parnell Construction Company Inc.

  • To the extent that the amounts paid to Skadden exceed the Final Billed Amount with respect to the Debtors, such excess payment shall be returned to theretainer account and held by Skadden (the "Final Retainer") to pay any fees, charges and disbursements which remain unpaid at the end of the reorganization cases.

  • To the extent that the amounts paid to Skadden (including via the draw on the Initial Retainer) exceed the Final Billed Amount, such excess payment shall be returned to the retainer account and held by Skadden (the "Final Retainer") to pay any fees, charges and disbursements which remain unpaid at the end of the reorganization cases.

  • The design and fabrication with electron beam lithography and reactive ion etching was performed at the Center for Func- tional Nanomaterials at BNL and at the Cornell Center for Functional Nanomaterials at Cornell University.

  • The retirement benefits payable to a Director hereunder shall be an annual amount equal to 75% of the Final Retainer which shall be paid, during such Director's lifetime, for the greater of (a) five years, or (b) the number of complete years of service served by such Director as a non-employee Director following the 1987 Annual Meeting of the Stockholders of the Corporation.

  • Each Plan participant will be entitled to receive a cash retirement benefit equal in amount to the product of (i) the annual retainer rate paid in cash for Non-Employee Directors in effect at the time of the participant's last day of service as a Non-Employee Director of the Corporation or the Company, as the case may be (the "Final Retainer"), and (ii) the length of service on the Board of the Corporation, up to a maximum of 10 years, by the Non-Employee Director.

  • A Continuing Director whose Benefit Duration is measured in other than whole years will receive, first, annual installments equal in amount to the Final Retainer for the number of whole years of such Continuing Director's actual service on the Board and, after all such annual installments have been paid, a final installment consisting of the pro rata portion of the Final Retainer corresponding to the partial year of his or her actual service.

  • Payment Application No. 2 (Final- Retainer) to Parnell Construction in the amount of $10,069.00 for completion of the O'Neal Road Bridge Replacement Project.

  • For example, the Final Retainer payment for the month ended December 31, 2011 shall be due on January 31, 2012.

  • Notwithstanding the foregoing, (i) in no event shall the Final Retainer under this Agreement exceed $1.2 million and (ii) if Orchid has not raised the Final Capital on or before December 31, 2012, then the Company shall not be obligated to make any Final Retainer payments.

Related to Final Retainer

  • 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;

  • 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”).

  • Retainer Fee means Fees prepaid by Client for Services. If Client has paid a Retainer Fee, IHS will deduct from that Retainer Fee any Fees owed for any Fixed, Time-Based, or Unit-Based Services.

  • 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;

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

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

  • Final compensation of a member means:

  • 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

  • Additional Compensation has the meaning given to it in Section 10.2;

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

  • Basic Compensation means Salary and Benefits.

  • Jobs retained means an estimate of those previously existing filled positions that are retained as a result of funding by the American Recovery and Reinvestment Act of 2009 (Recovery Act). This definition covers only prime contractor positions established in the United States and outlying areas (see definition in FAR 2.101). The number shall be expressed as ‘‘full-time equivalent’’ (FTE), calculated cumulatively as all hours worked divided by the total number of hours in a full-time schedule, as defined by the contractor. For instance, two full-time employees and one part-time employee working half days would be reported as 2.5 FTE in each calendar quarter.

  • Meeting Fees means fees for attending a meeting of the Board or one of its Committees as set forth in Section 5.3 hereof.

  • Earnable compensation means the full rate of the

  • Deferral Account means the Company's accounting of the Director's accumulated Deferrals plus accrued interest.

  • Performance Compensation Award means any Award designated by the Committee as a Performance Compensation Award pursuant to Section 11 of the Plan.

  • Annual Fee has the meaning stated in Section 4.02(a).

  • Compensation Year means a period of 12 months expiring 31 March in any year;

  • Creditable compensation means the full compensation payable annually to an employee working

  • Compensation Deferral means the amount or amounts of the Director's Compensation deferred under the provisions of Section 3 of this Agreement.

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

  • Deferral Contribution means any contribution made to the Plan by the Employer in accordance with the provisions of Section 5.03.

  • Final Award means, in the context of this Request for Proposals and all its attendant documents, that point at which the final required signature on the contract(s) resulting from the procurement has been affixed to the contract(s) thus making it fully executed.

  • Recoverable Incentive Compensation means Incentive Compensation received by a Covered Officer during the Lookback Period that exceeds the amount of Incentive Compensation that would have been received had such amount been determined based on the Accounting Restatement, computed without regard to any taxes paid (i.e., on a gross basis without regard to tax withholdings and other deductions). For any compensation plans or programs that take into account Incentive Compensation, the amount of Recoverable Incentive Compensation for purposes of this Policy shall include, without limitation, the amount contributed to any notional account based on Recoverable Incentive Compensation and any earnings to date on that notional amount. For any Incentive Compensation that is based on stock price or TSR, where the Recoverable Incentive Compensation is not subject to mathematical recalculation directly from the information in an Accounting Restatement, the Administrator will determine the amount of Recoverable Incentive Compensation based on a reasonable estimate of the effect of the Accounting Restatement on the stock price or TSR upon which the Incentive Compensation was received. The Company shall maintain documentation of the determination of that reasonable estimate and provide such documentation to the Exchange in accordance with the Listing Standards.

  • Deferred Sales Charge Payment Dates means the dates specified for deferred sales fee installments under "Investment Summary--Fees and Expenses" in the Prospectus for the Trust.