Annual Service Fee

Example Definitions of "Annual Service Fee"
Annual Service Fee. Means the annual cash retainer fee payable to a Nonemployee Director for his or her services on the Board; the annual retainer fee, if any, payable to a Nonemployee Director for serving as a chairperson of a committee of the Board; and any fees payable to a Nonemployee Director for attendance at meetings of the Board or any of its committees.
Found in Cooper Industries plc contract
Annual Service Fee. Means the annual cash retainer fee payable to a Nonemployee Director for his or her services on the Board; Board and committees; the annual retainer fee, if any, payable to a Nonemployee Director for serving as a chairperson of a committee of the Board; Board or as the presiding non-management director; and any fees payable to a Nonemployee Director for attendance at meetings of the Board or any of its committees.
Found in Cooper Industries plc contract
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