West Virginia Approval of Stock Retainer Plan for Nonemployee Directors with copy of plan

State:
Multi-State
Control #:
US-CC-14-176C
Format:
Word; 
Rich Text
Instant download

Description

This is an Approval of a Stock Retainer Plan for Nonemployee Directors, to be used across the United States. This form allows all Nonemployee Directors to buy into a stock retainer plan if they wish. All of the specifics should be completed to fit your own personal needs.
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  • Preview Approval of Stock Retainer Plan for Nonemployee Directors with copy of plan
  • Preview Approval of Stock Retainer Plan for Nonemployee Directors with copy of plan
  • Preview Approval of Stock Retainer Plan for Nonemployee Directors with copy of plan
  • Preview Approval of Stock Retainer Plan for Nonemployee Directors with copy of plan
  • Preview Approval of Stock Retainer Plan for Nonemployee Directors with copy of plan
  • Preview Approval of Stock Retainer Plan for Nonemployee Directors with copy of plan

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FAQ

?NON-EMPLOYEE DIRECTOR? means a member of the Board who is not an employee of the Company or any of its Subsidiaries. ?OPTION? means an option to purchase Shares awarded to a Non-Employee Director under the Plan.

A retainer fee is the upfront cost of a service before the service has been performed. In other words, it's a form of advance payment often required by a consultant, lawyer or freelance professional. For example, a lawyer charges their client a retainer fee prior to the client using their services.

: a person attached or owing service to a household. especially : servant.

Equity Retainer means the designated annual stock retainer, payable quarterly, for Non-Employee Directors established from time to time by the Board as equity compensation for services rendered.

A retainer fee is an amount of money paid upfront to secure the services of a consultant, freelancer, lawyer, or other professional.

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West Virginia Approval of Stock Retainer Plan for Nonemployee Directors with copy of plan