Mandatory Retainer Shares
Mandatory Retainer Shares. Means Common Stock awarded pursuant to Section 6(c) with an aggregate Market Value per Share generally equal to fifty percent (50%) of the Non-Employee Director's total Retainer for the given year. 2
Found in
PLAYBOY ENTERPRISES INC contract
Mandatory Retainer Shares. Means Common Stock awarded pursuant to Section 6(b) with an aggregate Market Value per Share generally equal to 50% of a Non-Employee Director's Retainer.
All Definitions
Found in
PLAYBOY ENTERPRISES INC contract
