Example ContractsClausesannual committee chair service retainerVariants
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Payments may be modified for known upcoming changes and in the event a role is relinquished by an active chair after payment is made. For a newly appointed committee chair, the annual chair retainer shall be payable pro-rata for the year of election and, if applicable, the annual chair retainer from the relinquished role shall be pro-rated for the period of time through the relinquishment. Directors who relinquish their role of committee chair after a payment date has occurred but prior to the payment having been received, will receive a pro-rata annual chair retainer for the period of time between the payment date and the resignation/relinquishment.

Payments may be modified for known upcoming changes and in the event a role is relinquished by an active chair after payment is made. For a newly appointed committee chair, the annual chair retainer shall be payable pro-rata for the year of election and, if applicable, the annual chair retainerDirectors who resign from the relinquished role shall be pro-rated for the period of time through the relinquishment. Directors whoboard or relinquish their role of committee chair after a payment date has occurredoccurred, but prior to the payment having been received, will receive a pro-rata annual board retainer and annual chair retainer for the period of time between the payment date and the resignation/relinquishment.

Payments may be modified for known upcoming changes and in the event a role is relinquished by an active chairdirector after payment is made. For a newly appointed committee chair,elected directors, the annual chairboard retainer shall be payable pro-rata for the year of election and, if applicable, the annual chair retainerelection. Directors who resign from the relinquished role shall be pro-rated for the period of time through the relinquishment. Directors who relinquish their role of committee chairboard after a payment date has occurred but prior to the payment having been received,received will receive a pro-rata annual chairboard retainer for the period of time between the payment date and the resignation/relinquishment.

Payments may be modified for known upcoming changes and in the event a role is relinquished by an active chair after payment is made. For newly elected directors or a newly appointed committee chair, the annual board retainer and annual chair retainer shall beretainer, if applicable, are payable pro-rata for the year of election and, if applicable, the annual chair retainer from the relinquished role shall be pro-rated for the period of time through the relinquishment. Directors who relinquish their role of committee chair after a payment date has occurred but prior to the payment having been received, will receive a pro-rata annual chair retainer for the period of time between the payment date and the resignation/relinquishment.election.

Payments may be modified for known upcoming changes and in the event a role is relinquished by an active chair after payment is made. For a newly appointed committee chair, the annual chair retainer shall be payable pro-rata for the year of election and, if applicable, the annual chair retainerDirectors who resign from the relinquished role shall be pro-rated for the period of time through the relinquishment. Directors whoboard or relinquish their role of committee chairchairman after a payment date has occurredoccurred, but prior to the payment having been received, will receive a pro-rata annual chairboard retainer and annual chairman retainer for the period of time between the payment date and the resignation/relinquishment.

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