Example ContractsClausesequity retainerIdentical
Equity Retainer
Equity Retainer contract clause examples

Each director shall receive (A) an annual cash retainer (a “Cash Retainer”) and (B) an annual equity retainer (an “Equity Retainer”) to be paid in the form of a grant of Restricted Stock Units (“RSUs”) each on the date of the Company’s Annual Meeting of Stockholders, as described further below and pursuant to the Company’s Performance Incentive Plan in effect on such date (the “Plan”).

Source document
LSC Communications, Inc. (LKSD, LKSDQ) (CIK 0001669812)
Source: SEC EDGAR database • Date: March 2, 2020 • SIC: 2750 • CIK: 2750
LSC Communications, Inc. (LKSD, LKSDQ) (CIK 0001669812)
Source: SEC EDGAR database • Date: February 19, 2019 • SIC: 2750 • CIK: 2750
Donnelley Financial Solutions, Inc. (DFIN) (CIK 0001669811)
Source: SEC EDGAR database • Date: February 28, 2018 • SIC: 7380 • CIK: 7380

Draft better contracts
faster with AllDrafts

AllDrafts is a cloud-based editor designed specifically for contracts. With automatic formatting, a massive clause library, smart redaction, and insanely easy templates, it’s a welcome change from Word.

And AllDrafts generates clean Word and PDF files from any draft.