Annual Director Fee Amount

Example Definitions of "Annual Director Fee Amount"
Annual Director Fee Amount. Is the amount paid to a Director during a Calendar Year as compensation for fulfilling the fiduciary duties and responsibilities of serving as a Director. The Annual Director Fee Amount shall not include amounts payable as reimbursement of expenses but shall include all amounts paid for serving as a Director, including any special or additional fees or compensation payable for serving as a member or chairman of a committee, as chairman of the Board of Directors, or as secretary or clerk, or... other such special fees or compensation. View More Arrow
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