Annual Cash Retainer definition

Annual Cash Retainer means the annual cash retainer fee, in such amount as is established from time to time by resolution of the Board, payable to a Non-Employee Director for his or her services as a director of the Company.

Annual Cash Retainer means that portion of a Director’s Annual Retainer payable in cash.

Annual Cash Retainer means the portion of the annual retainer that is normally paid in cash to Eligible Directors for service as a member of the Board. Annual Cash Retainer shall not include the portion of the retainer that is paid in equity but for this Plan or for services as a committee chair or for attending meetings of the Board or committees of the Board.

Examples of Annual Cash Retainer in a sentence

• However, on an annual basis, an eligible director can also elect to receive DSUs in full or partial satisfaction of the Annual Cash Retainer and annual retainer fees received for serving as a member of a Board committee and for chairing a Board committee meeting (collectively, “Annual Cash Remuneration”).

• Each non-employee Director is required to maintain ownership of a number of shares of the Company’s Common Stock which, as of each July 1 (or such other date as may be determined by the Nominating and Governance Committee), has a Test Date Value (as defined below) of not less than five (5) times the then-current Annual Cash Retainer (as defined below).

• N O N - E M P L O Y E E D I R E C T O R S T O C K O W N E R S H I PRequired Ownership4x the Required Annual Cash Retainer Actual Ownership by Non-Employee Directors [group average] 5x Annual Cash Retainer PROCEDURES FOR COMMUNICATING WITH DIRECTORS The board of directors has established a process by which shareholders can send communications to the board of directors.

• Type of FeeAm ount ($)Annual RetainersCommittee Chair Annual Cash Retainer Directors are also reimbursed for out-of-pocket expenses incurred in carrying out their duties as directors.

• The minimum stock ownership requirement for non-employee directors is the lesser of (i) shares of our common stock equal to 5x the Annual Cash Retainer and (ii) 10,000 shares of our common stock.

More Definitions of Annual Cash Retainer

Annual Cash Retainer means the basic annual retainer (including any additional fees for serving as a chairperson of the Board or a committee thereof, but excluding any meeting fees), to the extent otherwise payable in cash, payable to a Non-Employee Director for services as a member of the Board.

Annual Cash Retainer means the annual cash retainer fee paid to non-employee Directors without regard to (a) fees for service as a presiding or lead director, (b) fees for service as a committee member or chair, (c) meeting fees and/or (d) fees for any other activity undertaken as a Director on behalf of the Company which is not in the ordinary course of business.

Annual Cash Retainer means that portion of the annual retainer fee payable in cash by the Company to a Non-Employee Director for services as a director of the Company, as such amount may be changed from time to time.

Annual Cash Retainer means the annual cash retainer fee payable during the Plan Year by the Corporation, or a subsidiary or affiliate thereof, to a Director for his or her services as a Director. To the extent a Director is also entitled to receive an additional retainer as compensation for serving as the chairperson of a committee of the Board, “Annual Cash Retainer” shall include such additional annual cash amount.

Annual Cash Retainer means the amount payable annually to an Eligible Director in cash for his or her services as a member of the Board and its committees during the Company's fiscal year. Such amount shall be determined from time to time by the Board. The Annual Cash Retainer shall be paid to an Eligible Director or credited to the Eligible Director's Account, as the case may be, on a quarterly basis in arrears in accordance with policies adopted by the Board.

Annual Cash Retainer means the amount which a Non-Employee Director will be entitled to receive in the form of cash for serving as a director in a relevant Director Plan Year, including the aggregate amount of annual cash retainer fees, fees associated with service on committees of the Board or attendance at meetings of the Board or applicable committees of the Board, and any other cash compensation or fees with respect to any other services to be provided to the Company or the Board, including but not limited to Board leadership services.

Annual Cash Retainer means the annual fees as determined by the Board and payable in cash as earned monthly to a Non-Employee Director for service as a Non-Employee Director during an Annual Compensation Cycle.