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

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