Cash Retainer. The cash retainer is waived.
Cash Retainer. The Company will pay a monthly cash retainer of $8,333 to the Consultant payable on the 1st day of each month for the entire term of this Agreement.
Cash Retainer. The Company will pay according to Schedule A the amount of 300,178 EUR in total. The first installment of 209,000 EUR is due on the date hereof. The second installment of 91,178 EUR is payable 90 days from the signing of this agreement..
Cash Retainer. In exchange for your performance of services during the Term, the Company shall pay you a total of $650,000 over the two (2)-year period following the Effective Time, payable no less frequently than quarterly. For the avoidance of doubt, (i) such amount is inclusive of any director or other fees you otherwise are entitled to receive for serving on the Board, and (ii) such amount shall remain payable on the same schedule as in effect upon the date that the Term terminates whether or not you continue to serve as Non-Executive Chairman over the entire two (2)-year period. To the extent that the Term runs beyond the two (2)-year period following the Effective Date, you will be entitled to the customary annual fees for your service as both a member of the Board and the Non-Executive Chairman, in an amount deemed appropriate by the Board, for the remainder of the Term.
Cash Retainer. The Township will pay to the Consultant a cash retainer fee of $12,000.00 to be paid in twelve (12) equal installments of $1,000.00. The Consultant shall issue monthly invoices to the Township within 10 days of the close of each calendar month. The Township shall remit payment in accordance with the terms of the invoice.
Cash Retainer. The Company shall pay to the Consultant a non-refundable cash fee of ten-thousand dollars ($10,000) per month. The first payment is due immediately upon execution of the Agreement and every thirty (30) days thereafter while the Agreement is in force.
Cash Retainer. A cash retainer of $75,000;
Cash Retainer a) Each director shall be entitled to a Cash Retainer equal to $90,000.
Cash Retainer. The Company shall immediately pay Director an initial cash retainer of forty-five thousand dollars ($45,000) (the “Initial Compensation”). Commencing on January 1, 2019 the Company shall pay the Director thirty thousand dollars ($30,000.00) per calendar year during Director’s period of Service (“Retainer”), payable in quarterly installments in arrears. Only Independent Directors, as defined in Section 6(b) below, shall receive any benefits under this Section.
Cash Retainer. During the Term, and in consideration for your service as Chairman, the Company shall pay you an annual retainer equal to $210,000, payable in quarterly installments on the same schedule as other non-employee directors. For the avoidance of doubt, such annual cash retainer is in lieu of the cash retainer payable to outside directors of the Company (as defined in the Company’s outside director compensation program as of the date hereof).
