Additional Annual Retainers. In addition, each Non-Employee Director shall receive the following additional annual retainers, as applicable:

Annual Retainers. Each Non-Employee Director shall receive an annual retainer of ​ for service on the Board. Each Non-Employee Director shall also receive ​ annually in addition to the annual retainer for serving as a Board Chair for one of the three (3) established Board Committees: Audit Committee, Compensation Committee and Nominating and Corporate Governance Committee.

Annual Retainer: You will be eligible for an annual cash retainer in the amount of ​. You will also be eligible for an additional annual cash retainer in the amount of ​ for service as the chairperson of any Board committee. The retainers will be paid quarterly in arrears and will be prorated for any partial quarter of service.

Our non-employee, non-independent directors did not receive annual retainers for board and committee service during the fiscal years ended ​, and 2021. Employee directors receive no additional compensation for their service as a director.

Annual retainers to committee chairs are payable quarterly in arrears.

Additional Retainers for Committee Membership:

Annual Cash Retainers for Chairperson, Lead Independent Director and Committee Service

For service as a director: an annual cash retainer of ​ (in addition to any annual cash retainers otherwise paid).

Outside Directors will receive an annual retainer of ​ for their services as members of the Board, which will include their general availability and participation in meetings and conference calls. There are no per-meeting attendance fees for attending Board meetings or meetings of any committee of the Board. In addition, an Outside Director shall receive the following additional annual retainers, as applicable:

Estimated Additional Rent: Annual Reconciliation. ​ shall, each year during the Term of this Lease Agreement, give ​ an estimate of Operating Expenses and Real Estate Taxes payable per square foot of rentable area for the coming calendar year. ​ shall pay, as Additional Rent, along with its monthly Minimum Rental payments required hereunder, one-twelfth (1/12) of such estimated Operating Expenses and Real Estate Taxes and such Additional Rent shall be payable until subsequently adjusted for the following year pursuant to this Article. As soon as possible after the expiration of each calendar year, ​ shall determine and certify to ​ the actual Operating Expenses and Real Estate Taxes for the previous year per square foot of rentable area in the Building and the amount applicable to the Premises. If such statement shows that ​’s share of Operating Expenses and Real Estate Taxes exceeds ​'s estimated monthly payments for the previous calendar year, then ​ shall, within thirty (30) days after receiving ​'s certification, pay such deficiency to ​. In the event of an overpayment by ​, such overpayment shall be refunded to ​, at the time of certification, in the form of an adjustment in the Additional Rental next coming due, or if at the end of the Term by a refund.