Example ContractsClausesequity retainerVariants
Equity Retainer
Equity Retainer contract clause examples

The Compensation Committee may recommend an additional equity based retainer for the Non-Executive Chairman of up to $100,000 annually to reflect increased responsibilities as may occur from time to time.

The Compensation Committee may recommend an additional retainer or lump sum cash payment for the Non-Executive Chairman of up to $150,000 annually to reflect increased responsibilities as may occur from time to time. The Compensation Committee may recommend an additional retainer or lump sum cash payment for other Independent Directors of up to $50,000 annually to reflect increased responsibilities as may occur from time to time.

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