Stock Retainer definition

Stock Retainer means the annual Board retainer fee that is paid to the Director in the form of Common Stock.

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Stock Retainer means that portion of a Participant's Retainer which, pursuant to Article 5 of this Plan, such Participant has elected, or is required, to receive in Shares.

Stock Retainer means that portion of an Independent Director's annual Fiscal Year retainer for services on the Board of Directors on Hovnanian Enterprises, Inc. or a committee thereof which is payable in shares of Stock under any Hovnanian Enterprises, Inc. or Company non-employee director compensation plan. An Independent Director's Stock Retainer is generally payable during the January of the Fiscal Year in which the related service on the Board of Directors of Hovnanian Enterprises, Inc. is performed (e.g., a Stock Retainer for services performed during the November 1, 2011 – October 31, 2012 Fiscal Year is generally payable during January 2012).

Examples of Stock Retainer in a sentence

Such shares of common stock shall be issued under a Stock Retainer Plan, registered under a Form S-8 filed and made effective by the Employer.
As of December 31, 1995, there were outstanding under the Grace 1994 Stock Incentive Plan, the Grace 1989 Stock Incentive Plan, the Grace 1986 Stock Incentive Plan, the Grace 1981 Stock Incentive Plan and the Grace 1994 Stock Retainer Plan for Non-Employee Directors (collectively, the "Grace Stock Plans") options to acquire an aggregate of 5,694,196 Grace Common Shares (subject to adjustment on the terms set forth in the Grace Stock Plans).
The Corporation has implemented the Special Non-Employee Director Stock Retainer Fee Plan (the "Plan") pursuant to which eligible non-employee members of the Corporation's Board of Directors (the "Board") may elect to apply all or a portion of the annual retainer fee and any Chairman of the Board fees for the year to the acquisition of stock options in lieu of payment of those fees in cash.
As of July 19, 2004 an aggregate of 1,198,628 shares of Common Stock were reserved for issuance under the Company’s 1995 Omnibus Incentive Plan and its 2002 Stock Retainer Plan for Non-employee Directors, including the outstanding options listed in the next sentence.
Second Amended and Restated Stock Retainer Plan for Non-Employee Directors (the “Director Stock Plan”) shall automatically be cancelled and converted as of the Effective Time into the right to receive an amount equal to the Merger Consideration, which amount shall be credited to an account established for the director under the Nationwide Board of Directors Deferred Compensation Plan (“Director Deferred Compensation Plan”).

More Definitions of Stock Retainer

Stock Retainer means the portion of the Board retainer fee that the Board has determined to credit to a Director's Deferred Stock Account. Such amount may be denominated in dollars and/or shares of Common Stock.

Stock Retainer means the payment of Common Stock pursuant to Article VIII as the annual equity retainer for services as a Non-Employee Director.

Stock Retainer means the portion of each Outside Director's Retainer that is payable in the form of Stock pursuant to the Plan.

Stock Retainer means the portion of the Director's retainer fee that is required to be paid to the Director in Common Stock pursuant to the Outside Directors Stock Plan. Such amount may be denominated in dollars and/or shares of Common Stock.

Stock Retainer means the payment of Common Stock as the annual equity retainer for service as a Director.

Stock Retainer means the annual retainer paid to each Participant under this Plan, in the form of shares of Common Stock, as partial compensation for such Participant’s service as an Outside Director. The aggregate annual dollar amount of such retainer shall be determined each year, immediately following the Company’s Annual Meeting; provided, however, that with respect to the portion of calendar year 2011 from and after the Effective Date, the aggregate dollar amount of such retainer shall be $50,000.