Define: Director's Fee
Director's Fee means total remuneration for services provided by a Director, excluding reimbursements and non-cash benefits.
Director's Fee means total remuneration for services provided by a Director, excluding reimbursements and non-cash benefits.
Relevant Circumstances
- When directors are paid cash remuneration for their board service
- If non-cash benefits and expenses are carved out of the fee
- Where shareholder approval is required for changes to director fees