Second Component definition

Second Component means the balance, if any of the Fee (after reduction for the First Component) payable to a Director in cash.
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Second Component means the balance of the Retainer payable to a Director (after reduction for the First Component) and that is (1) payable in cash or (2) by crediting an amount to a Deferral Account maintained for the Director.
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Second Component means the balance, if any of the Fee (after reduction for the First Component) payable to a Director in cash. “Shares” means shares of Common Stock.
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Examples of Second Component in a sentence

  • The balance of the Fee (defined above as the "Second Component"), if any, shall be payable to the Director in cash.

  • Each quarterly installment will consist of one-fourth of the First Component and one- fourth of the Second Component, if any, for each Director.

  • Each such installment shall be payable in arrears on each Compensation Date and consist of one-fourth of the Second Component.

  • Each quarterly installment will consist of one-fourth of the First Component and one-fourth of the Second Component, if any, for each Director.

  • The Second Component is based on the following percentages of the Bonus Pool: Second Component - 25% for Categories I, II and III and 50% for Categories IV and V of the Bonus Pool will be available to be allocated to Eligible Personnel based upon individual performance.

  • A Director’s election shall separately specify the percentage or amount, if any, of the First Component and Second Component to be deferred to the Director’s Share Deferral Account and the percentage or amount, if any, of the Second Component to be deferred to the Director’s Cash Deferral Account.

  • The Second Component, if any, shall be payable to the Director in cash.

  • A second payment component hereinafter (Second Component) will be for exclusive rights to Dynamic Hearing Technology as such exclusive rights are defined herein.

  • The Second Component of the Retainer shall be payable in equal quarterly installments during the Plan Year.

  • With respect to any First Component or Second Component to be paid on a quarterly basis, the number of Shares to be issued on any Compensation Date shall equal one-fourth of the amount of the Retainer to be paid in Shares for the Plan Year divided by the Fair Market Value on the Compensation Date.


More Definitions of Second Component

Second Component means $188,679 per month. "Termination Date" has the meaning set forth in Section 3.1. "Utilities Agreement" means the Utilities Agreement dated as of June 16, 2000 by and between Green Tree and the Aqualon Company, a division of Hercules. 2.
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Second Component has the meaning specified in Section 10.2(ii).
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Second Component means the balance, if any of the Fee (after
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Second Component means, as determined by the Board, the portion of the Retainer that is payable at the election of the Director in cash or Shares and which may be deferred at the Director’s election to a Director’s Cash Deferral Account or Share Deferral Account.
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Related to Second Component

  • Principal Component The principal payment plus any interest payments that are either due after the date specified in, or are specified as ineligible for stripping in, the applicable Supplemental Agreement.

  • Accrual Components As specified in the Preliminary Statement.

  • Blood component means that part of blood separated by physical or mechanical means.

  • Lead Compound means any compound of lead other than galena which, when treated in the manner described below, yields to an aqueous solution of hydrochloric acid a quantity soluble lead compound exceeding, when calculated as lead monoxide, five percent of the dry weight of the portion taken analysis.

  • Basket Component means each of the SPDR S&P 500 ETF Trust, iShares Russell 2000 Index Fund, iShares MSCI EAFE Index Fund, and iShares MSCI Emerging Markets Index Fund.

  • Structural component means a component that supports non-variable forces or weights (dead loads) and variable forces or weights (live loads).

  • Class D Component The Component having such designation.

  • Original component manufacturer means an organization that designs and/or engineers a part and is entitled to any intellectual property rights to that part.

  • Interest Component Each future interest payment, or portion thereof, due on or prior to the Maturity Date, or if the Debt Security is subject to redemption or repayment prior to the Maturity Date, the first date on which such Debt Security is subject to redemption or repayment.

  • Service Component means certain enabling Software, hardware peripherals and associated documentation which may be separately provided by Symantec as an incidental part of a Service.

  • Back-Up Compound means, with reference to any particular Development Candidate or Drug Product Candidate, a Compound which (a) has the same principal mode of action (i.e., Potentiator or Corrector) as that Development Candidate or Drug Product Candidate; and (b) was among the group of Compounds, identified by VERTEX as potential additional lead molecules having the same principal mode of action, from which the Development Candidate was selected.

  • Class E Component The Component having such designation.

  • Start-Up Testing means the completion of applicable required factory and start-up tests as set forth in Exhibit C.

  • Class C Component The Component having such designation.

  • Development Candidate means a Compound that meets the Development Candidate Criteria for the initiation of a Development Program for the treatment of CF, and which is the subject of a notice from Vertex to CFFT that Vertex intends to commence formal pre-clinical development of the Compound in the Field pursuant to the provisions of Section 3.1 hereof.

  • Collaboration Compound means any of the following: (a) FG-4592, (b) any HIF Compound (other than FG-4592) that is added to this Agreement pursuant to Section 3.6, and (c) any salts, esters, complexes, chelates, crystalline and amorphous morphic forms, pegylated forms, enantiomers (excluding regioisomers), prodrugs, solvates, metabolites and catabolites of any of the foregoing ((a) or (b)).

  • Third Party Components means software and interfaces, licensed by RIM from a third party for incorporation into a RIM software product, or for incorporation into firmware in the case of RIM hardware products, and distributed as an integral part of that RIM product under a RIM brand, but shall not include Third Party Software.

  • Modular building manufacturer means a person or corporation who owns or operates a

  • Compound of Concern means a contaminant that, based on generally available information, may be emitted to the atmosphere in a quantity from any source at the Facility that is significant either in comparison to the relevant Ministry Point of Impingement Limit or if a Ministry Point of Impingement Limit is not available for the compound then, based on generally available toxicological information, the compound has the potential to cause an adverse effect as defined by the EPA at a Point of Impingement.

  • POC (Proof of Concept) means testing the Software for evaluation purposes.

  • Certified components means components of X-ray systems which are subject to regulations promulgated under Public Law 90-602, the “Radiation Control for Health and Safety Act of 1968,” the Food and Drug Administration.

  • Structural components means liners, leachate collection systems, final covers, run-on/run-off systems, and any other component used in the construction and operation of the MSWLF that is necessary for protection of human health and the environment.

  • Combination Product means (a) a product containing a Licensed Product together with one or more other active ingredients that have independent biologic or chemical activity when present alone that are sold as a single unit, or (b) a Licensed Product together with one or more products, devices, pieces of equipment or components thereof, that are sold as a single package at a single price.

  • Component means an article, material, or supply incorporated directly into an end product.