Payment of Retainers. The retainers described in Sections I(A) and (B) shall be earned on a quarterly basis based on a calendar quarter and shall be paid in cash by the Company in arrears not later than the fifteenth day following the end of each calendar quarter. In the event a Non-Employee Director does not serve as a Non-Employee Director, or in the applicable positions described in Section I(B), for an entire calendar quarter, the retainer paid to such Non-Employee Director shall be prorated for the portion of such calendar quarter actually served as a Non-Employee Director, or in such position, as applicable.
Payment of Retainers. The retainers described in [Sections I(A) and (B)])] shall be earned on a quarterly basis based on a calendar quarter and shall be paid in cash by the Company in arrears not later than the fifteenth day following the end of each calendar quarter. In the event a Non-Employee Director does not serve as a Non-Employee Director, or in the applicable positions described in [Section I(B)], for an entire calendar quarter, the retainer paid to such Non-Employee Director shall be prorated for the portion of such calendar quarter actually served as a Non-Employee Director, or in such position, as applicable.
Payment of Retainers. The annual retainers described in [Sections I(A)1(a) and (B)1(b)])] shall be earned on a quarterly basis based on a calendar quarter and shall be paid in cash by the Company in arrears not later than the fifteenth (15th) day following the end of each calendar quarter. In the event a Non-Employee Director does not serve as a Non-Employee Director, or in the applicable positions described in [Section I(B)1(b)], for an entire calendar quarter, the retainer paid to such Non-Employee Director shall be prorated for the portion of such calendar quarter actually served as a Non-Employee Director, or in such position, as applicable.
Payment of Retainers. The annual retainers described in Sections I(A)1(a) and (B)1(b) shall be earned on a quarterly basis based on a calendar quarter and shall be paid in cash by the Company in arrears not later than the fifteenth day following the end of each calendar quarter. In the event a Non-Employee Director does not serve as a Non-Employee Director, or in the applicable positions described in Section I(B)1(b), for an entire calendar quarter, the retainer paid to such Non-Employee Director shall be prorated for the portion of such calendar quarter actually served as a Non-Employee Director, or in such position, as applicable.
Payment of Retainers. The annual retainers described in Sections I(A) and (B)Section 2(a) shall be earned on a quarterly basis based on a calendar quarter and shall be paid in cash by the Company in arrears not later than the fifteenththird business day following the end of each calendar quarter.quarter (if not deferred by the Non-Employee Director in accordance with subsection # hereof). In the event a Non-Employee Director does not serve as a Non-Employee Director, or in the applicable positions described in Section I(B)2(a), for an entire calendar quarter, the retainer paid to such Non-Employee Director shall be prorated for the portion of such calendar quarter actually served as a Non-Employee Director, or in such position,positions, as applicable.
Payment of Retainers. The retainersannual retainer described in Sections I(A) and (B)Section 1(a) shall be earned on a quarterly basis based on a calendar quarter and shall be paid in cash by the Company in arrears not later than the fifteenth day following the end of each calendar quarter. In the event a Non-Employee Director does not serve as a Non-Employee Director, or in the applicable positions described in Section I(B),Director for an entire calendar quarter, such Non-Employee Director shall receive a prorated portion of the retainer paidretainer(s) otherwise payable to such Non-Employee Director shall be prorated for the portion of such calendar quarter actually servedpursuant to Section 1(a) , with such prorated portion determined by multiplying such otherwise payable retainer by a fraction, the numerator of which is the number of days during which the Non-Employee Director serves as a Non-Employee Director, orDirector during the applicable calendar quarter and the denominator of which is the number of days in such position, as applicable.the applicable calendar quarter.
Payment of Retainers. The annual retainers described in Sections I(A) and (B)Section 2(a) shall be earned on a quarterly basis based on a calendar quarter and shall be paid in cash by the Company in arrears not later than the fifteenththird business day following the end of each calendar quarter.quarter (if not deferred by the Non-Employee Director in accordance with subsection # hereof). In the event a Non-Employee Director does not serve as a Non-Employee Director, or in the applicable positions described in Section I(B)2(a), for an entire calendar quarter, the retainer paid to such Non-Employee Director shall be prorated for the portion of such calendar quarter actually served as a Non-Employee Director, or in such position,positions, as applicable.
Payment of Retainers. TheAll annual retainers described in Sections I(A) and (B) shall be earned on a quarterly basis based on a calendar quarter and shallwill be paid in cash by the Companyquarterly in arrears not later than the fifteenth daypromptly following the end of eachthe applicable calendar quarter, but in no event more than thirty (30) days after the end of such quarter. In the event a Non-Employee Director does not serve as a Non-Employee Director, or in the applicable positions described in Section I(B),above, for an entire calendar quarter, the retainer paid to such Non-Employee Director shall be prorated for the portion of such calendar quarter actually served as a Non-Employee Director, or in such position, as applicable.
Payment of Retainers. TheAll annual retainers described in Sections I(A) and (B) shall be earned on a quarterly basis based on a calendar quarter and shallwill be paid in cash by the Companyquarterly in arrears not later than the fifteenth daypromptly following the end of eachthe applicable calendar quarter, but in no event more than 30 days after the end of such quarter. In the event a Non-Employee Director does not serve as a Non-Employee Director, or in the applicable positions described in Section I(B),above, for an entire calendar quarter, the retainer paid to such Non-Employee Director shall be prorated for the portion of such calendar quarter actually served as a Non-Employee Director, or in such position, as applicable.
Payment of Retainers. For the avoidance of doubt, the Annual Retainers in the table above are additive and a Non-Employee Director shall be eligible to earn an Annual Retainer for each position in which he or she serves. The retainers described in Sections I(A) and (B)Annual Retainers shall be earned on a quarterly basis based on a calendar quarter andand, except as otherwise provided in Section I(B), shall be paid in cash by the Company in arrears not later than the fifteenth day following the end of each calendar quarter. In the event a Non-Employee Director does not serve as a Non-Employee Director, or in the applicable positions described in Section I(B),position, for an entire calendar quarter, the retainerAnnual Retainer paid to such Non-Employee Director pursuant to this Section I(A) shall be prorated for the portion of such calendar quarter actually served as a Non-Employee Director, or in such position, as applicable.
Payment of Retainers. The retainers describedEach annual cash retainer and additional annual fee is paid quarterly in Sections I(A) and (B) shall be earnedarrears on a quarterly basis based on a calendar quarter and shall be paid in cash by the Company in arrears not later than the fifteenth day following the end of each calendar quarter.prorated basis. In the event a Non-Employee Director does not serve as a Non-Employee Director, or in the applicable positions described in Section I(B),above, for an entire calendar quarter, the retainer paid to such Non-Employee Director shall be prorated for the portion of such calendar quarter actually served as a Non-Employee Director, or in such position, as applicable.
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